At Mako, we believe in the power of collaboration to drive innovation in pursuit of our collective ambition; excellence in trading. Our diverse community is connected through a commitment to being the best we can be with the highest standards of integrity.

The trading environment changes rapidly and the successful candidate will need to be driven, flexible, energetic and fast-thinking to follow market moves and have a positive impact within the team.

As Risk Analyst, you will be an active participant in managing Mako’s trading floor risk, a cornerstone of our business. You will develop your expertise, be responsible for real-time risk measurement and analysis of global trader positions as well as daily reporting and limit monitoring using a range of risk methodologies and metrics.

What you’ll be involved in:

Preparing risk reports and materials to proactively identify and analyse the convex market risk across the firm and for the Risk Committee and other forums.
Working closely with traders and operational staff across the company.
Daily analysis of Mako’s haircut requirement at its clearers including forecasting and margin management.
Developing and maintaining VBA and python tools to improve the current processes.
Identifying and tracking key risks and discussing exposures that exceed the firm’s risk appetite directly with traders. Escalating these to senior management on a timely basis.
Understanding and analysing the key market drivers and how they affect the firm’s positions.
Assisting in the development and reviewing position limit frameworks for Mako’s trading desks.
Being a part of the team responsible for maintaining and reviewing algorithmic limit and safeties within the firm.
Producing analyses for regulator and exchange requests.

What we need from you:

Relevant experience of market risk gained from trading, structuring, risk management or research from either sell side or buy side.
Experience with liquid futures and options is a must. Cross assets experience especially in fixed income and equity is a bonus.
Good coding skills in Excel/VBA, working knowledge of Python Pandas and PyQt.
Practical experience of VaR, Expected Shortfall, stress testing and other risk measurement methods.
A strong work ethic, highly self-motivated and able to multi-task across both team-oriented and individual projects.
Confident problem-solving skills, with a proven analytical ability and comfortable at analysing large data sets.
Excellent communication skills with a strong attention to details and an ability to influence.

Skills that will set you apart:

University / college-educated in quantitative subjects (e.g. Engineering, Sciences, Maths, Economics, Finance, etc.) with a minimum of a 2.1 Bachelor’s degree or equivalent, higher education degree is a bonus.

We are Mako

At Mako, we are welcoming, inclusive and collaborative. We work fast and smart in a supportive and dress-down environment that allows colleagues to be themselves and achieve great things. We uphold the principles of a flat structure that offers unrivalled engagement with senior leadership and career development opportunities. We have a comprehensive benefits package, including:

Flexible leave and flexible working policies
Private health and dental insurance
Generous pension scheme
Free access to the Mako gym
Employee wellbeing guidance and support
Opportunity to become involved in the rewarding work of the Mako Foundation

About Mako

Mako is a leading options market maker with a global trading footprint. It has been at the forefront of options market making for 20 years, from the open outcry trading pits to screen trading and automated algorithmic execution strategies that are driving the future of the industry.

From offices in London, Amsterdam, Singapore, Sydney, Brisbane and Chengdu, Mako offers the best in class liquidity solutions across Equities, Fixed Income, Commodities and FX derivatives markets and prides itself in its entrepreneurial, collaborative and philanthropic culture.

For further information on the Mako Group please refer to our website: www.mako.com.