Senior Risk Analyst

Description

Job Summary: Senior Risk Analyst for managing market, liquidity, operational, and counterparty risks, with a focus on monitoring and controlling exposures. Key Highlights: 1. Monitor client leveraged exposures and control broker limits. 2. Ensure compliance with regulatory standards and support audits. 3. Degree in Economics, Engineering, Mathematics, Statistics, or Actuarial Science. We are seeking a Senior Risk Analyst with an active PQO Risk certification to support our client in managing market, liquidity, operational, and counterparty risks. You will be responsible for monitoring leveraged client exposures (day trade, options, term contracts, asset financing), controlling the broker’s limits with B3, clearing houses, and central counterparties, and ensuring operational resilience amid extreme market events. **Responsibilities and Duties** Market and Counterparty Risk * Monitor collateral and margin requirements for clients holding leveraged positions (equities, term contracts, options, futures, proprietary desk—if applicable). * Calculate and report Value-at-Risk (VaR), Expected Shortfall, and stress test scenarios for both the broker’s and leveraged clients’ portfolios. * Manage counterparty risk in repurchase agreements, securities lending, and structured transactions. * Validate margin calls and execute forced liquidations when required. Liquidity Risk * Control the broker’s cash flow, ensuring fulfillment of obligations to B3 and clients. * Monitor concentration limits by asset and by client (funds, high-net-worth individuals with large exposures). Operational Risk * Identify failures in settlement, clearing, asset custody, and trade recording processes. * Track operational incidents and propose controls to prevent losses (e.g., delayed asset delivery, order errors). * Participate in developing and reviewing the Business Continuity Plan (BCP) and conduct periodic tests. Regulatory and Compliance * Ensure adherence to regulations issued by B3, ANBIMA, CVM, and the Central Bank (particularly Resolution 4\.557 and Circular 3\.748\). * Prepare regulatory risk reports (including operational risk maps and liquidity stress tests). * Support internal and external audits with documentation and technical justifications. **Requirements and Qualifications** Mandatory * Active PQO Risk certification (ANBIMA or partner certifying body). * Degree in Economics, Business Administration, Engineering, Mathematics, Statistics, or Actuarial Science. * Minimum 5 years of experience in market and/or operational risk—exclusively within brokerage firms, investment banks, clearing houses, or asset managers. * Proficiency in risk metrics: VaR, Expected Shortfall, Greeks (options), stress testing, backtesting. * Practical knowledge of B3 margin methodologies (Risk-Based Margin System – MRS, options margin, etc.). * Proficiency in SQL and Python/R for automating reports and analyses. * Technical English for reading B3 manuals, CVM documents, and international standards (IOSCO, BCBS). Preferred * Additional certifications: CPA\-20, CGA (ANBIMA), CGE (Risk), FRM. * Experience with day trading, leverage, and derivative strategies. * Familiarity with risk systems (Murex, Bloomberg, Reuters, or B3’s internal margin systems\). * Experience conducting systemic stress tests (e.g., stock exchange collapse, extreme liquidity event). Desirable * Behavioral Competencies * Decision-making under pressure (high-volatility periods). * Clear communication with trading desks, senior management, and compliance teams. * Ability to simplify complex analyses for business stakeholders. * Attention to regulatory detail and operational discipline. **Our Selection Process** * Initial conversation with our Talent Team to get to know you and present opportunities. * Technical interview with Pathbit specialists. * Technical interview with the client/project team. **About Pathbit** We are a technology consultancy that believes in people and innovation to transform businesses. Our environment values autonomy, creativity, and the drive to do things differently. We work with leading players in financial markets and technology, building the best solutions for our clients—without compromising ethics, transparency, and purpose. If you seek technical growth, participation in impactful projects, and recognition for your talent, join Path!