Market Risk Manager

About the role

All Options is looking for a Risk Manager to join our team in Austin, TX. You will be at the center of how we manage risk as a market maker in equity derivatives, with real responsibility from day one. Day-to-day, you’ll monitor risk live on our trading floor and work closely with trading teams: stress-testing assumptions, evaluating risk-reward tradeoffs, optimizing capital allocation, and supporting deployment of new quantitative and algorithmic strategies. You’ll also drive strategic initiatives: strengthening our limits framework, improving risk processes, and ensuring regulatory and clearing requirements are met. This is a high-impact role where your decisions directly shape both our risk profile and our ability to capture trading opportunities.

Responsibilities

• Oversee daily market risk management of our equity derivatives business, engaging directly with traders, clearing banks, trading venues
• Monitor and investigate risk concentrations, clearing bank requirements, operational incidents, unusual trades and market moves, linking insights to current exposures
• Operate and improve our market and operational risk frameworks, with a strong focus on automated trading strategies and effective incident follow-up
• Design, improve, and operate our market risk frameworks and automated monitoring tools in Python
• Assess and sign off on new trading strategies and algorithms
• Further develop the risk-control framework, including policies, with a strong focus on trading and technology
• Provide input to optimize capital and liquidity allocation and usage of trading strategies

Requirements

• 3 – 5 years of experience working in an equity derivatives trading firm
• Bachelor’s degree in a quantitative field such as STEM, Statistics, Economics, or Finance
• Hands-on understanding of equity and derivatives trading
• Clear understanding of risk factors that affect a market maker company trading a large equity derivatives portfolio
• Excellent numerical and analytical skills
• Able to both design and implement aspects of risk management frameworks
• Independent thinker, with convincing communication skills
• Results-oriented with attention to detail and focus on quality of work
• Mindset geared towards continuous improvement and innovation
• Collaborative team player, able to contribute in fast-paced trading environment

Benefits

• Competitive salary and bonus opportunities
• 25 days PTO
• Paid medical, dental, and vision benefits package
• 401(k) employer sponsored contributions
• In-house meals and snacks
• Monthly team drinks and festivities