Associate Principal, Pricing & Margins

Location: Chicago, United States; hybrid work environment with up to 2 days per week of remote work.

Salary: $104,700–$152,400 annually; eligible for an annual discretionary incentive award with an 8%–15% target range.

Company

hirify.global is a systemically important financial market utility providing clearing and settlement services for options, futures, securities lending transactions, exchanges, and trading platforms.

What you will do

• Analyze market and theoretical valuations for equity, index, government security, and derivative products, including options, futures, and pricing inputs.
• Reconcile modeled outputs, identify pricing irregularities, approve price data, and support downstream model calibration and margin calculations.
• Evaluate market data vendors, manage entitlements, monitor intraday markets, and resolve or escalate pricing issues.
• Administer SEC- and CFTC-regulated customer margin and haircut programs, including RBH/CPM and SPAN.
• Lead process improvements and system enhancement initiatives while coordinating with developers and quantitative risk analysts.
• Serve as a subject matter expert, review Associates’ work, mentor colleagues, and explain hirify.global’s risk framework to Clearing Members, regulators, and the investing public.

Requirements

• Bachelor’s degree in finance, economics, or a related field.
• 5–7+ years of experience in back-office operations or risk management, including senior or lead-level responsibilities.
• Strong understanding of securities and futures markets, derivative valuation, option pricing inputs, VaR, and Expected Shortfall.
• Experience with data validation, reconciliation, large datasets, performance metrics, and analysis presented to senior management or external stakeholders.
• High proficiency in Microsoft Excel, including lookups, pivot tables, and complex formulas; proficiency in Word and PowerPoint.
• Experience with Bloomberg or Refinitiv, relational databases, and SQL; proficiency in Tableau, R Studio, Python, and Alteryx is preferred.

Nice to have

• Master’s degree or progress toward CFA or FRM designation.
• CFA, FRM, or Series 7/24 licensure.
• Experience modifying SQL queries.

Culture & Benefits

• Collaborative and supportive work environment focused on work-life balance and employee wellness.
• Tuition reimbursement and student loan repayment assistance.
• Technology stipend for remote work.
• Generous paid time off and parental leave.
• 401(k) employer match and medical, dental, and vision benefits.

Hiring process

• Submit an application and resume through the hirify.global careers site.
• Receive email confirmation after submitting the application.
• If selected, complete an interview scheduled by an hirify.global representative.