Analyst / Associate Algo Trading Risk & Controls
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Overview
Remote
On-site
Compensation
$90,000-$90,000/year
Job Description
Title: Analyst / Associate Algo Trading Risk & ControlsOffice Status: Hybrid New York, NYBase Salary: $90k $125k + BonusOverview: This Analyst or Associate-level opportunity sits within the Market Risk Management function of a leading global financial institution, focused on the oversight and governance of electronic and algorithmic trading activity across the region. The role offers a unique seat at the intersection of technology, trading, and risk reviewing new electronic trading systems, supporting the algo control framework, and driving regulatory gap analyses in a fast-evolving space. It's an ideal fit for an early-to-mid career risk professional with a strong understanding of electronic trading environments who is equally comfortable with governance and policy work as they are with quantitative and technical analysis.Key Responsibilities:
- Review new electronic trading systems and material changes to existing systems, assessing associated financial and non-financial risks within the firm's EAT risk framework
- Facilitate the annual control attestation process;approve automated control reviews and associated limits
- Review relevant electronic and algorithmic trading incidents and facilitate cross-functional reviews with key stakeholders
- Support the development and maintenance of risk-owned policies and procedures related to electronic and algorithmic trading
- Support the running of Risk Committees including preparation and production of management information and governance materials
- Review new and upcoming electronic and algorithmic trading-specific regulations;perform gap analyses with firm stakeholders to determine compliance levels, identify gaps, and develop remediation plans
- Contribute to the continued development of the Algo Control Framework and work with key stakeholders to embed new processes and controls
- Support the broader EAT Risk Framework and governance infrastructure across the region
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FAQs About Analyst / Associate Algo Trading Risk & Controls Jobs at Madison-Davis
What is the work location for this position at Madison-Davis?
This job at Madison-Davis is located in New York, NY, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Madison-Davis?
Candidates can expect a pay range of $90,000 and $90,000 per year.
What employment applies to this position at Madison-Davis?
The employer has not provided this information. This may be discussed during the hiring process.
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