Company
Financial Services
RiskManager,Nadex
Neural analysis suggests this role is
optimal for Manager candidates.
“Risk Manager, Nadex. Skills: Clearinghouse risk, Default management, Regulatory compliance, Quantitative analysis. Cover daily risk management responsibilities. Ensure financial integrity”
Industry & Context.
What They're Looking For.
Must Have
5+ years relevant working experience, Degree in quantitative discipline, Proficient in Python, Proficient in SQL, Understanding of equities, Understanding of commodity products, Understanding of futures, Understanding of perpetuals, Understanding of other derivatives, Understanding of pricing, Understanding of valuation, Understanding of funding rates, Understanding of cross-asset risk correlation, Solid understanding of margin concepts, Solid understanding of liquidations, Solid understanding of Default Management frameworks, Deep familiarity with clearing house rulebooks, Deep familiarity with clearing house policies, Deep familiarity with clearing house submission procedures
Nice to Have
Experience with a CCP is a plus, CFA an added advantage, FRM an added advantage, Familiarity with CFTC regulations is a plus, Familiarity with NFA regulations is a plus, Familiarity with SEC regulations is a plus, Direct trading experience is a plus
What You'll Do.
Cover daily risk management responsibilities
Ensure financial integrity
Ensure operational controls
Ensure resilience of clearinghouse
Manage regulatory requests
Respond to regulatory requests
Manage routine audits
Respond to routine audits
Manage inquiries from governing bodies
Respond to inquiries from governing bodies
Oversee end-of-day settlement pricing processes
Ensure accuracy of cross-asset pricing data
Oversee risk components of client onboarding
Provide ongoing market risk monitoring
Provide ongoing credit risk monitoring
Provide ongoing liquidity risk monitoring
Drive new product listing
Ensure appropriate risk controls
Ensure cross-margining efficiencies
Lead design of margin models
Lead implementation of margin models
Lead design of default management strategies
Lead implementation of default management strategies
Lead design of liquidation strategies
Lead implementation of liquidation strategies
Step in during operational issues
Perform quantitative research
Evaluate default management procedures
Evaluate systemic risk exposure
Full Job Description
## Responsibilities Cover daily risk management responsibilities, ensuring the financial integrity, operational controls, and resilience of the clearinghouse across all listed asset classes. Manage and respond to regulatory requests, routine audits, and inquiries from governing bodies (e.g., CFTC, NFA, SEC). Oversee end-of-day settlement pricing processes and ensure the accuracy of cross-asset pricing data used for margin calculations and default management. Oversee the risk components of client onboarding and provide ongoing market, credit, and liquidity risk monitoring. Drive new product listing and product design from a clearing perspective, ensuring appropriate risk controls and cross-margining efficiencies are in place where applicable. Lead the design and implementation of margin models and default management/liquidation strategies for the Clearing House, stepping in during operational issues with clearing members. Perform quantitative research to evaluate default management procedures and systemic risk exposure. ## Requirements 5+ years of relevant working experience in clearinghouse risk, default management, operations, or a related field (experience with a CCP is a strong plus). Degree or above in a quantitative discipline, with professional qualifications such as CFA and FRM an added advantage. Proficient in Python and SQL. Strong understanding of equities, commodity products, futures, perpetuals, and other derivatives, including robust knowledge of pricing, valuation, funding rates, and cross-asset risk correlation. Solid understanding of margin concepts, liquidations, Default Management frameworks, and direct trading experience (personal or professional). Familiarity with CFTC, NFA, and SEC regulations, specifically as they apply to clearinghouses and DCO rules, is a strong plus. Good organizational and interpersonal skills, and the ability to think critically and strive for continuous improvement. Deep familiarity with clearing house rulebooks, policies
Applying for this Risk Manager, Nadex role?
Most applicants get filtered before a human reads their resume. See if yours makes the cut.
How to Apply on Lever
- Lever uses a streamlined one-page form — apply in under 5 minutes.
- LinkedIn import works well; review parsed data before submitting.
- The cover letter field is optional but visible to reviewers — use it to differentiate.
- Referral codes from employees can significantly boost visibility of your application.
ANONYMOUS · UNFILTERED
What do employees actually say about this company?
Real rants from real employees. Read before you apply.