Ronin Capital, LLC is a limited liability company headquartered in Chicago, Illinois with offices in New York and California. The Firm and its affiliates are registered broker/dealers and members of the AMEX, CBOE, CBOT, CME, CHX and the NYMEX. The Firm currently has proprietary trading operations covering a variety of markets including equity securities, government bonds, corporate bonds, and related derivatives on global exchanges and electronically. There are currently more than 250 employees and affiliated persons.

Ronin Capital is currently looking to hire a Risk Management Analyst to monitor our Index Options Trading groups. The ideal candidate will have a minimum of three to five years of trading or risk management experience with a broad range of Index Option products. The individual in this position will become part of a team of risk managers covering the wide range of products traded at Ronin. This position is located in our Chicago, Illinois Office.

• Perform daily reconciliation of profit/loss between each trading group and clearing sheets, including edge measurement.
• Understand composition of daily edge value and track edge capture over time in order to verify accurate profits and losses.
• Utilize third-party,in-house, and Excel software to calculate daily and intra-day risk slides, Value-at-Risk, “greek” exposures, etc. for each trading group.
• Utilize third-party and in-house software to perform daily stress tests on the portfolio of each trading group.
• Understand and monitor daily margin requirements and regulatory haircuts of each trading group.
• Perform profit/loss attribution calculations for each trading group to understand sources of profits and losses.
• Establish and monitor on a daily basis each trading group’s risk limits, notify traders of any violations, and monitor progress toward eliminating any violations.
• Conduct regular meetings with each trading group to understand trading strategies and issues and concerns.
• Participate in weekly meeting of all risk managers, providing details and substance on assigned trading groups and provide feedback on other risk mangers’ trading groups.
• Provide coverage for other risk managers as needed.
• Perform related duties as requested.

• Bachelor’s degree or equivalent (Finance, Mathematics, Statistics, Engineering, Physics preferred).
• One to three years experience working in the financial industry; experience in trading or risk managing index option portfolios preferred.
• Basic knowledge of index related options portfolios, including options, ETF’s and futures.
• Excellent statistical and quantitative skills.
• Self-Motivated with strong interpersonal and communication skills and the ability to work in and contribute to the team atmosphere.
• Meticulous, detail-oriented with strong critical thinking skills.
• Ability to handle multiple tasks in a fast paced, high-stress professional environment.
• Proficiency with software and system applications (Excel and VBA) and ability to learn internal risk management applications.