Principal, Financial Risk and Audit

Chicago, IL

Principal, Financial Risk and Audit

Salary: Open + Bonus

Location: Chicago, IL or Coppell, TX

Hybrid: 3 days onsite, 2 days remote

Minimum Qualifications

  • Bachelor's degree
  • 8+ years of related experience
  • Strong proficiency using Archer or other audit or Governance Risk and Compliance (GRC) software.
  • Experience in financial risk model analysis or assessments and stress testing methodology.
  • Experience with assessments and audits of Financial Risk Management or Models.
  • Industry experience in capital markets, banking, or financial services
  • Proven track record of implementing and overseeing operational processes and procedures.
  • Knowledge and understanding related to financial derivatives and options on equities
  • Familiarity with model risk management practices including validation, backtesting, and performance monitoring.

Highly Preferred

  • Master's degree in finance, economics or a quantitative field possessing strong quantitative, analytical, and problem-solving skills.
  • Expertise on understanding and managing financial risks related to financial derivatives portfolios, particularly options on equities.
  • Experience in evaluating the pricing of complex derivatives and performing advanced statistical analysis on underlying risk factors.
  • Experience with reviewing and auditing risk management models for derivatives using methodologies such as Historical VaR, Monte Carlo simulation, TIMS and SPAN.
  • Proficiency in quantitative or statistical tools (eg, Python, R, MATLAB, SAS) to support model audit and testing procedures.
Posted 2025-08-07

Recommended Jobs

Sales Coordinator

Gateway Industrial Power, Inc.
Collinsville, IL

Job Description Job Description Sales Coordinator As a well-known Carrier Refrigeration and Volvo dealership, we have 14 locations throughout Illinois, Missouri, Wisconsin and Tennessee. Come …

View Details
Posted 2025-07-27

Chemist II

Planet Group
Lake County, IL

Pay range: 25-35/hr *depending on experience Purpose Uses scientific education and analytical chemistry experience to perform simple to moderately complex laboratory testing within a good ma…

View Details
Posted 2025-08-07

PRN Nurse

Assured Healthcare Staffing LLC
Lake Villa, IL

Assured Healthcare Staffing is looking for an RN to support a local program working to aid those dealing with mental health conditions and substance dependency. The nurse on staff will be assigned t…

View Details
Posted 2025-07-29

NP/PA needed for PICU/ Critical Care Unit in Chicago

Illinois

Our Client is seeking an Advanced Practitioner with pediatric experience to join their team for the PICU/ Critical Care unit in Chicago. Please see Job ID # 68744 Full-time, permanent Schedule …

View Details
Posted 2025-08-07

Roofing Canvasser

Burrage Roofing and Construction
Winfield, IL

Job Description Job Description About Us At Burrage Roofing , we’re more than just a roofing company — we’re a family . Proudly family-owned and operated , we believe in putting people f…

View Details
Posted 2025-08-09

Lead Teacher

Children's Courtyard
Aurora, IL

Join a strong community where all we do is care-for the children and families we serve every day, as well as for our dedicated team members. Our people are our best asset. We listen and we know what …

View Details
Posted 2025-07-28

Laboratory Supervisor Chicago

K.A. Recruiting, Inc.
Chicago, IL

CLINICAL LABORATORY SUPERVISOR NEEDED IN SOUTHERN CHICAGO SUBURBS full time, permanent position extremely competitive pay excellent benefits generalist supervisor day shift great location for those…

View Details
Posted 2025-07-27

Dishwasher

Wildfire - Schaumburg
Glenview, IL

Job Description Job Description We’re hiring people to join our team as DISHWASHERS! A Few of Our Dish Team Benefits: ~ Restaurant Discounts ~ Employee Assistance Program - Focusing on a…

View Details
Posted 2025-07-27

Associate Veterinarian

Pathway Vet Alliance
Oswego, IL

Description Position at River Heights Veterinary Hospital Associate Veterinarian - River Heights Veterinary Hospital  Full-Time Great mentorship opportunities for New Grads/Early Career Veterina…

View Details
Posted 2025-08-06