Risk Manager – US Options (Capital Markets)
Sofia, Bulgaria
Arrangement
On-site (Full-time)
Experience Level
Mid-to-Senior Level
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About the Role
The Risk Manager plays a key role in supporting the firm’s trading activities by providing hands-on risk oversight across client, account and firm-level exposures. The role combines real-time risk operations and monitoring with portfolio risk management, including market, credit, liquidity and operational risk across multiple asset classes in both linear and non-linear products. Particular emphasis is placed on options risk, including margin, Greeks, stress testing, concentration and liquidation risk. The role provides coverage during US options market hours. This is a hands-on role suited to an organized and analytical professional who is comfortable working in a fast-paced trading environment.Key Responsibilities
- Support day-to-day risk operations across the firm’s product suite, ensuring timely identification, investigation and escalation of risk issues.
- Monitor real-time P&L, exposures, margin utilization, collateral and risk metrics at client, account, group and firm level.
- Support pre- and post-trade risk controls, including setting and maintaining approved risk parameters.
- Monitor trading activity and risk infrastructure, investigating unusual positions, risk breaches, alerts, discrepancies and unexpected risk outcomes, and escalate issues as appropriate.
- Administer account and trading setup, including risk configurations, market data, order routing and related controls.
- Assess portfolio risk across linear and non-linear products, including Greeks, volatility, concentration, liquidity and gap risk.
- Conduct and support stress testing of portfolios and individual positions, including adverse market, volatility and liquidity scenarios.
- Oversee margin calls, forced liquidations and the orderly reduction of client and firm exposures, including manual intervention where required.
- Support risk management information and reporting for senior management, committees and governance forums.
- Provide risk input into new products, markets, clients, trading strategies and other strategic initiatives.
- Evaluate control effectiveness, identify control gaps and support the development and tracking of remediation plans.
- Contribute to the development and enhancement of risk policies, limits, methodologies and governance.
- Promote pragmatic risk solutions that balance commercial objectives, operational resilience and regulatory requirements.
Qualifications & Experience
- Bachelor’s degree in Finance, Economics, Business, Accounting, or a STEM discipline.
- Relevant experience in risk, trading or operations within a broker, investment firm, hedge fund, asset manager or bank.
- Strong understanding of derivatives and options risk, including Greeks, volatility, margin, stress testing, concentration and liquidation risk.
- Good understanding of the trade lifecycle, clearing, settlement and investment/trading operations.
- Experience working with order management systems (OMS), portfolio management systems (PMS) and market data platforms is an advantage.
- Strong Excel skills; SQL, Python or automation experience is a plus.
- Willingness to work shifts and provide coverage during US market hours.
- Fluency in English.
What We Offer
- Competitive salary and benefits package.
- Opportunities for professional development and career progression.
- Exposure to a broad range of investment products and markets.
- A collaborative, high-performing and supportive work environment.