Credit Risk Analyst at DRW

Houston, Texas, United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, TradingIndustries

Requirements

Bachelor’s degree in Finance, Economics, Accounting, Mathematics, or related field (Master’s degree or professional qualifications such as CFA/FRM preferred)
2–5 years of experience in credit risk analysis, preferably in a trading or capital markets environment
Prior exposure to derivative products, digital assets, fixed income, FX, or commodities trading
Strong financial analysis and accounting knowledge
Proficient in Microsoft Excel; experience with Power BI, SQL, Python, or R is an advantage
Familiarity with risk management systems (e.g. Bloomberg, Reuters)
Excellent analytical, problem-solving, and organizational skills
Strong communication skills to present complex concepts clearly to non-technical stakeholders
Ability to work under pressure, meet deadlines, and maintain attention to detail
Knowledge of traded financial instruments and markets
Understanding of counterparty risk metrics and quantitative risk concepts (e.g., Potential Future Exposure)
Collaborative mindset with the ability to influence and challenge

Responsibilities

Conduct in-depth analysis of current and prospective counterparties, including financial statement analysis, credit ratings, and qualitative factors
Assign and maintain internal credit ratings and propose credit limits
Calculate and monitor exposure arising from trading activities (e.g. derivatives, fixed income, equities, commodities, FX and digital assets)
Identify and assess potential wrong-way risk and concentration risk
Produce and deliver daily, weekly, and monthly credit exposure reports to stakeholders, ensuring accuracy and timeliness
Highlight limit breaches or emerging risk trends and recommend mitigation measures
Ensure that all credit assessments, approvals, and limit changes are documented in accordance with internal policies
Work closely with the trading desk to analyze deal structures and assess potential risks before trade execution
Liaise with Credit, Legal and Operations teams on credit support annexes, collateral arrangements, ISDA and other credit documentation
Support the development and maintenance of credit risk models, stress testing, and scenario analysis
Contribute to enhancements in limit frameworks, exposure methodologies, and credit risk systems

Skills

Credit Risk Analysis

Financial Statement Analysis

Credit Ratings

Exposure Monitoring

Derivatives

Fixed Income

Equities

Commodities

Digital Assets

Risk Assessment

Trading

DRW

Proprietary trading and risk management firm

About DRW

RGM Advisors engages in proprietary trading using its own capital to operate in various financial markets. The firm focuses on developing trading strategies that utilize advanced technology and data analytics to manage risk and pursue high returns. By serving institutional clients such as hedge funds and investment banks, RGM Advisors maintains a flexible business model that allows it to trade its own money, rather than clients' funds. This approach enables better risk management and the ability to generate revenue through trading profits, achieved by employing sophisticated algorithms and market-making strategies. RGM Advisors is distinguished by its global presence and its commitment to attracting top talent, providing them with the tools needed to excel and rewarding exceptional performance.

Chicago, IllinoisHeadquarters

2001Year Founded

M_AND_ACompany Stage

Quantitative Finance, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Daily catered breakfast & lunch

Massages

Social events

Gym subsidy

Flexible work arrangements

Monthly tastings

Game room

On-site yoga classes and meditation

Employee led affinity groups

Mentor/mentee outings

Trivia nights

Educational opportunities

DRW-sponsored sports teams

Poker tournament

Private mother's suite

Risks

Increased competition from algorithmic trading firms may erode DRW's market share.

Cryptocurrency market volatility poses risks to DRW's crypto-assets strategy.

Talent war in tech and finance sectors may impact DRW's ability to retain top talent.

Differentiation

DRW combines technology, research, and risk management for diversified trading opportunities.

They operate using their own capital, allowing quick pivots to capture opportunities.

DRW has expanded into real estate, venture capital, and crypto-assets.

Upsides

Machine learning algorithms enhance predictive accuracy and risk management in trading.

DeFi platforms offer new opportunities for higher returns in crypto-assets.

Quantum computing revolutionizes trading strategies with faster, complex data analysis.

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