Risk Manager – Futures Clearing Merchant (FCM)

Key Responsibilities - Monitor and manage real-time risk exposures across all client accounts and proprietary positions during U.S. overnight hours (TBD) - Execute overnight risk monitoring procedures, identifying and escalating breaches in a timely manner - Administer and manage credit controls via the CME Globex Credit Controls (GC2) platform, including setting and adjusting pre-execution credit limits for futures and options - Evaluate margin adequacy across client portfolios, ensuring sufficient collateral coverage and identifying instances of under-margined accounts - Monitor stress testing and Value-at-Risk (VaR) results to assess portfolio vulnerabilities under adverse market scenarios - Monitor and enforce exchange-mandated and firm-specific position limits, escalating violations as appropriate - Investigate limit breaches and anomalies that may be attributable to market data integrity issues, distinguishing between genuine risk events and data-driven false signals - Execute risk escalation procedures, including the initiation of forced liquidations when client accounts breach established risk thresholds - Assess margin collateral adequacy and evaluate the quality, concentration, and liquidity of posted collateral - Anticipate potential market risk events (e.g., geopolitical developments, economic releases, expiration cycles) and proactively adjust risk parameters, credit limits, and monitoring thresholds accordingly - Collaborate with the daytime risk team to ensure seamless handoff of risk issues, open items, and developing situations - Prepare comprehensive overnight risk reports and incident summaries for senior management review Requirements & Qualifications - Bachelor's degree in Finance, Economics, Mathematics, Risk Management, or a related field - 3–7 years of experience in risk management at an FCM, clearing firm, or exchange - Familiarity with regulatory requirements (CFTC, NFA, CME Group rules) applicable to FCM risk operations - Strong analytical and quantitative skills with attention to detail - Excellent communication skills and the ability to make sound, time-sensitive decisions under pressure - Ability to work independently during overnight hours with minimal supervision - Futures Contract Structure: Strong understanding of futures contract specifications, delivery mechanisms, settlement procedures, and product-specific nuances across asset classes (equities, fixed income, commodities, FX) - Futures Margin & Margin Process: In-depth knowledge of initial margin, maintenance margin, variation margin, and the end-of-day/intraday margin call process, including familiarity with margin methodologies (e.g., SPAN, CME CORE) - Demonstrated expertise in identifying, measuring, and mitigating market and credit risk in a futures clearing environment

• Risk Analyst– Futures Clearing Merchant (FCM)

  Futu Holdings Limited · Hong Kong, Hong Kong SAR