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ETRADE Financial Corporation

Equity & Derivatives Market Risk Analyst

ETRADE Financial Corporation - Arlington, VA

Equity & Derivatives Market Risk Analyst

E*TRADE is a leading financial services company and a pioneer in the online brokerage industry. Having executed the first-ever electronic trade by an individual investor more than 30 years ago, the company has long been at the forefront of the digital revolution, offering easy-to-use solutions for individual investors and stock participants. Founded on the principle of innovation and determined to level the playing field for individual investors, E*TRADE delivers digital platforms, tools, and professional assistance to help investors and traders meet their near-and long-term investing goals. The Company provides these services both online and through its network of customer service representatives and financial consultants – over the phone at two national branches and in-person at 30 E*TRADE branches.


E *TRADE’s market risk management department is a high profile and high visibility group monitoring several areas of risk. The team is looking for a dynamic, self-starter and result oriented individual to join the team. The analyst will monitor and manage the risk of E*TRADE’s margin loan product, one of the most profitable lines of business within the company. The position requires both a good understanding of financial markets and strong technical skills.


* Analyze daily reports measuring risk metrics such as stress scenario exposure, naked options activity, and futures trading risk

* Measure concentration in individual accounts and across the portfolio of all accounts

* Develop a comprehensive understanding of margin collateral requirements for exchange-traded derivatives including naked puts/calls, option spreads, and other options trading strategies

* Monitor market news and indicators for large idiosyncratic moves that have potential to create losses, including implied volatility shocks

* Prepare detailed and insightful risk reports for senior management and decision makers

* Conduct research on relevant industry trends related to financial markets and best practices in market risk

* Collaborate with and provide oversight of internal business partners on areas for improvement in risk management

* Perform competitive analysis of margin requirements and policies at peer online brokerage institutions

* Assist in model validation of options valuation models and risk systems

* Create and run statistical probability analysis using large data sets of financial returns, including correlation analysis and tail risk analysis such as value-at-risk (VaR)


* 2 years of professional work experience of risk-related experience in the finance/accounting, investment banking, and/or investment management.

* Experience working with variety of technical and market tools such as Bloomberg

* Experience in statistical programming software such as MATLAB, R, SAS, or other related technical computing systems

* Must have experience constructing and executing database queries for both data discovery and automation of reports

* Must have knowledge of derivative instruments including equity & index options and detailed understanding of options risk metrics – delta, gamma, vega, etc.

* Must have knowledge of mathematical option pricing models including Black-Scholes and the binomial model

* Must be a self-starter with ability to work autonomously as well as in a team environment

* Ability to operate in a time constrained environment while multitasking and maintaining a strict attention to detail and high quality deliverables

* Excellent verbal and written communication skills

* Detail-oriented and able to prioritize tasks efficiently and independently

* Strong analytical skills while being resourceful when seeking new information

* High level of intellectual curiosity is critical to the success of the candidate


* Bachelor’s degree in Finance, Accounting, or a related field

* Alternatively a degree in a technical field such as math or computer science with a demonstrated interest in financial markets

* Desired qualification: FRM and/or CFA charter holder (or in the process obtaining)

We offer a competitive and comprehensive benefits package.

Employment Type:

Full Time


Americas, United States






Post Date:


20 days 9 hours ago

ETRADE Financial Corporation


Equity & Derivatives Market Risk Analyst ETRADE Financial Corporation - Arlington, VA, United States


Location: Arlington, VA

Company Profile:
E*TRADE is an innovative financial services company offering a full suite of easy-to-use online brokerage, investing and related banking solutions, delivered at a competitive price. We empower individuals to take control of their financial futures by providing the products, tools and services they need to meet their near- and long-term investing goals.