DRW
Overview
DRW
is a diversified trading firm with over three decades of experience leveraging technology and people to operate in markets around the world. We value autonomy and the ability to pivot quickly to capture opportunities, operating with our own capital and trading at our own risk. Headquartered in Chicago with offices in the U.S., Canada, Europe, and Asia, we trade multiple asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across global markets. We also expand into real estate, venture capital and cryptoassets through non-traditional strategies. We are committed to respect, curiosity and open-mindedness, with high expectations, integrity, innovation, and a willingness to challenge consensus. We are seeking a detail-oriented and analytical
Credit Risk Analyst
to join our Credit Risk team. In this role, you will monitor and assess the creditworthiness of counterparties in our trading activities, evaluate exposure from market transactions, and ensure effective controls to manage credit risk in line with internal policies and regulatory requirements. You will collaborate with traders, portfolio managers, and other credit risk professionals to provide timely risk assessments and support informed decision-making.
Key Responsibilities Counterparty Credit Assessment:
Conduct in-depth analysis of current and prospective counterparties, including financial statement analysis, credit ratings, and qualitative factors. Assign and maintain internal credit ratings and propose credit limits.
Exposure Monitoring:
Calculate and monitor exposure arising from trading activities (derivatives, fixed income, equities, commodities, FX and digital assets). Identify and assess potential wrong-way risk and concentration risk. Produce and deliver daily, weekly, and monthly credit exposure reports to stakeholders, ensuring accuracy and timeliness. Highlight limit breaches or emerging risk trends and recommend mitigation measures.
Documentation & Compliance:
Ensure that all credit assessments, approvals, and limit changes are documented in accordance with internal policies. Work closely with the trading desk to analyze deal structures and assess potential risks before trade execution. Liaise with Credit, Legal and Operations teams on credit support annexes, collateral arrangements, ISDA and other credit documentation. Support the development and maintenance of credit risk models, stress testing, and scenario analysis. Contribute to enhancements in limit frameworks, exposure methodologies, and credit risk systems.
Qualifications Bachelor’s degree in Finance, Economics, Accounting, Mathematics, or related field (Master’s degree or professional qualifications such as CFA/FRM preferred). 2–5 years of experience in credit risk analysis, preferably in a trading or capital markets environment. Prior exposure to derivative products, digital assets, fixed income, FX, or commodities trading. Strong financial analysis and accounting knowledge. Proficient in Microsoft Excel; experience with Power BI, SQL, Python, or R is an advantage. Familiarity with risk management systems (e.g. Bloomberg, Reuters). Excellent analytical, problem-solving, and organizational skills. Strong communication skills to present complex concepts clearly to non-technical stakeholders. Ability to work under pressure, meet deadlines, and maintain attention to detail. Knowledge of traded financial instruments and markets. Understanding of counterparty risk metrics and quantitative risk concepts (e.g., Potential Future Exposure). Collaborative mindset with the ability to influence and challenge constructively.
Compensation & Benefits The annual base salary range for this position is $90,000 to $140,000, depending on experience, qualifications, and relevant skill set. The role is eligible for an annual discretionary bonus. DRW offers a comprehensive benefits package including group medical, dental and vision insurance, 401(k) with discretionary employer match, disability and life insurance, health savings accounts, and flexible spending accounts.
Privacy & Equal Opportunity For information about DRW's processing activities and our use of job applicants’ data, please view our Privacy Notice at the DRW website. DRW is an equal opportunity employer and does not discriminate on any protected basis. We encourage applications from all qualified individuals and will provide reasonable accommodations as needed during the hiring process.
Note: This description focuses on the current role and does not include unrelated application form fields or extraneous content.
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DRW
is a diversified trading firm with over three decades of experience leveraging technology and people to operate in markets around the world. We value autonomy and the ability to pivot quickly to capture opportunities, operating with our own capital and trading at our own risk. Headquartered in Chicago with offices in the U.S., Canada, Europe, and Asia, we trade multiple asset classes including Fixed Income, ETFs, Equities, FX, Commodities and Energy across global markets. We also expand into real estate, venture capital and cryptoassets through non-traditional strategies. We are committed to respect, curiosity and open-mindedness, with high expectations, integrity, innovation, and a willingness to challenge consensus. We are seeking a detail-oriented and analytical
Credit Risk Analyst
to join our Credit Risk team. In this role, you will monitor and assess the creditworthiness of counterparties in our trading activities, evaluate exposure from market transactions, and ensure effective controls to manage credit risk in line with internal policies and regulatory requirements. You will collaborate with traders, portfolio managers, and other credit risk professionals to provide timely risk assessments and support informed decision-making.
Key Responsibilities Counterparty Credit Assessment:
Conduct in-depth analysis of current and prospective counterparties, including financial statement analysis, credit ratings, and qualitative factors. Assign and maintain internal credit ratings and propose credit limits.
Exposure Monitoring:
Calculate and monitor exposure arising from trading activities (derivatives, fixed income, equities, commodities, FX and digital assets). Identify and assess potential wrong-way risk and concentration risk. Produce and deliver daily, weekly, and monthly credit exposure reports to stakeholders, ensuring accuracy and timeliness. Highlight limit breaches or emerging risk trends and recommend mitigation measures.
Documentation & Compliance:
Ensure that all credit assessments, approvals, and limit changes are documented in accordance with internal policies. Work closely with the trading desk to analyze deal structures and assess potential risks before trade execution. Liaise with Credit, Legal and Operations teams on credit support annexes, collateral arrangements, ISDA and other credit documentation. Support the development and maintenance of credit risk models, stress testing, and scenario analysis. Contribute to enhancements in limit frameworks, exposure methodologies, and credit risk systems.
Qualifications Bachelor’s degree in Finance, Economics, Accounting, Mathematics, or related field (Master’s degree or professional qualifications such as CFA/FRM preferred). 2–5 years of experience in credit risk analysis, preferably in a trading or capital markets environment. Prior exposure to derivative products, digital assets, fixed income, FX, or commodities trading. Strong financial analysis and accounting knowledge. Proficient in Microsoft Excel; experience with Power BI, SQL, Python, or R is an advantage. Familiarity with risk management systems (e.g. Bloomberg, Reuters). Excellent analytical, problem-solving, and organizational skills. Strong communication skills to present complex concepts clearly to non-technical stakeholders. Ability to work under pressure, meet deadlines, and maintain attention to detail. Knowledge of traded financial instruments and markets. Understanding of counterparty risk metrics and quantitative risk concepts (e.g., Potential Future Exposure). Collaborative mindset with the ability to influence and challenge constructively.
Compensation & Benefits The annual base salary range for this position is $90,000 to $140,000, depending on experience, qualifications, and relevant skill set. The role is eligible for an annual discretionary bonus. DRW offers a comprehensive benefits package including group medical, dental and vision insurance, 401(k) with discretionary employer match, disability and life insurance, health savings accounts, and flexible spending accounts.
Privacy & Equal Opportunity For information about DRW's processing activities and our use of job applicants’ data, please view our Privacy Notice at the DRW website. DRW is an equal opportunity employer and does not discriminate on any protected basis. We encourage applications from all qualified individuals and will provide reasonable accommodations as needed during the hiring process.
Note: This description focuses on the current role and does not include unrelated application form fields or extraneous content.
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