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Managing Director, Market Risk Quant (Chicago)

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Bruin Chicago, IL 60290
Job typeOther PostedNov 7, 2026 Apply byDec 7, 2026

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About this position

Job Description

Managing Director – Market Risk Quantitative Analytics

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CHICAGO, IL - RELOCATION PACKAGE AVAILABLE

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3 days per week (4 for the first 6 months)

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An opportunity for an experienced Market Risk Quant leader to join a growing global financial institution, combining deep quantitative expertise with hands-on model development, team leadership and strategic regulatory initiatives.

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Key Responsibilities

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  • Lead, mentor and develop a team of market risk quants, providing technical guidance and acting as a senior role model.
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  • Develop, enhance and implement quantitative market risk models, with a strong focus on VaR, statistical modelling and regulatory capital.
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  • Drive strategic initiatives across model development, analytics infrastructure, automation and evolving regulatory frameworks, including FRTB.
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  • Oversee model performance, backtesting, benchmarking and remediation of model issues.
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  • Partner with trading, risk, technology and model risk teams, engaging with senior stakeholders and regulators.
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Skills & Experience Required

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  • Significant experience in market risk quantitative analytics, ideally 10+ years, with a strong track record of technical delivery and leadership.
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  • Deep understanding of VaR, statistical estimation and derivatives valuation.
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  • Strong hands-on programming and quantitative development skills, particularly in Python.
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  • Proven ability to lead and coach quantitative professionals while remaining technically involved.
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  • Experience delivering complex modelling projects and navigating regulatory requirements.
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  • FRTB and commodities market risk experience advantageous, but not essential for candidates with strong transferable expertise.
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Location and commute

Chicago, IL 60290.

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How to apply

Review the vacancy and complete the application on the employer or recruitment partner’s website. Requisition ID: WJ-3257694631.

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