Risk Analyst

Maven is a market-leading proprietary trading firm deploying its own capital across discretionary, systematic, and market-making strategies. Backed by deep expertise in trading, technology, and research, we are relentlessly focused on improving liquidity across global listed derivatives. Through advanced execution and pricing technologies, we improve how financial markets operate.

Maven’s Risk team is innovative in the way it controls and monitors the extensive trading activities carried out across the firm.  We’re a global team, bringing together risk managers, technologists and developers to design and deploy new systems for the business whilst implementing risk processes and ensuring diligent and skilled monitoring of the firm-wide trading exposures.

This Risk Analyst role presents an excellent opportunity for an exceptional individual with core expertise focused on options risk management.  In this position, the Risk Analyst will work in London alongside established risk team members across Hong Kong and Chicago offices. The successful candidate will learn about the variety of business activities we carry out and the strategies we employ, alongside providing the first line of risk management control for trading activities across key parts of the firm’s business.  

The limits we set to facilitate risk management are monitored by our proprietary risk systems.  As Maven continues to grow and to implement new strategies, our risk monitoring systems, controls and processes expand, increasing in their complexity and sophistication.  The Risk Analyst will be required to update and maintain the daily risk processes and to carry out diligent risk monitoring; a significant responsibility considering the volume and diversity of trades executed.  In addition, the successful candidate will also be expected to interpret and develop risk metrics; helping to shape our risk management processes whilst engaging with the broader team to provide input into the development of our systems, controls and processes. Alongside this, the Risk Analyst will also engage and communicate with traders based in Europe and, indeed, across our global trading locations.

If you thrive in a fast paced environment, have a natural curiosity for the financial markets and an understanding of trading and risk concepts, we can help you develop into a market-leading Risk Analyst.

Role Specifications 

• Diligent risk monitoring on a real-time basis for options market-making and proprietary trading strategies.
• Design and build LLM-powered tools to monitor, summarize, and flag key information from real-time data feeds, providing actionable intelligence to risk managers.  Understand the limitations and risks of LLMs, particularly regarding hallucinations.
• Daily communication on risk issues with the risk team, and with stakeholders across trading and support functions.
• Automated trading risks: contributing to change reviews, regular audits and proactive identification of improvements to controls, including utilising LLMs for this purpose.
• Contribute to the development and enhancement of the existing risk monitoring and reporting framework leveraging AI tooling for this purpose.
• Operational risk monitoring and participation in risk mitigation workstreams.
• Collaborate with the global risk team to carry out risk management-focused project work.

Candidate Specifications

• At least 3-5 years relevant experience gained working in proprietary trading or at a buy-side or sell-side financial institution.
• Strong practical experience integrating LLM APIs into analytical workflows using Python.
• Excellent communication, report writing, and presentation skills.
• Core expertise working with equity and fixed income derivatives, in particular experience working with options.
• An advanced qualification in Finance, or other quantitative subjects.
• Demonstrable working knowledge of a programming language, such as Python
• A calm and considered approach, particularly whilst working under pressure.
• Entrepreneurial self-starter with a practical delivery focussed mindset

What We Offer:

• A great environment whereby technology is key to our success
• The upside of a start-up without the associated risks
• Friendly, informal and highly rewarding culture
• A fast-growing global firm with plenty of opportunities where you will have a significant impact