Senior Associate, Pricing & Margins

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

Salary: $84,500–$122,000 per year; annual discretionary incentive target of 6%–10%

Company

hirify.global is the world's largest equity derivatives clearing organization, 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 futures options.
• Validate, reconcile, approve, and transmit pricing data and derivative inputs for model calibration, theoretical computations, and margin calculations.
• Support SEC- and CFTC-regulated customer margin and haircut programs, including RBH/CPM and SPAN.
• Establish, monitor, and recalibrate collateral haircuts, currency haircuts, and risk-model parameters.
• Monitor intraday market performance, investigate pricing irregularities, resolve issues, and support Clearing Members and external stakeholders.
• Coordinate with developers and quantitative risk analysts on system enhancements, procedures, documentation, and team onboarding.

Requirements

• Bachelor's degree in Finance, Economics, or a related field.
• 3+ years of experience in back-office operations or risk management.
• Strong understanding of securities and futures markets, derivative valuation, option trading, and pricing inputs.
• Knowledge of statistical concepts such as VaR and Expected Shortfall, with the ability to analyze large datasets and present metrics to management.
• Strong data validation, reconciliation, communication, organization, and problem-solving skills.
• Highly proficient in Microsoft Excel, including lookups, pivot tables, and complex formulas; proficient in Word and PowerPoint.

Nice to have

• Experience with Bloomberg or Refinitiv desktop clients and connecting them to Excel.
• Familiarity with relational databases and SQL query tools; ability to modify SQL.
• Proficiency in Tableau.

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 coverage.
• hirify.globalasional travel is required.

Hiring process

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