Hybrid Senior Director of Risk

at NinjaTrader

• Job title: Senior Director of Risk
• Job type: Full Time
• Experience level: Senior
• Salary: $200,000 - $225,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Chicago, United States

About the role

• Sr. Director of Risk leading NinjaTrader's risk management program and ensuring compliance with regulations. Collaborating across teams to build a proactive risk management framework.

Responsibilities

• Develop, implement, and oversee NinjaTrader’s Risk Management Program (RMP) in compliance with CFTC, NFA, and exchange requirements, covering market, credit, liquidity, capital, operational, legal, and technology risks
• Establish and maintain risk policies, procedures, limits, and escalation protocols to ensure effective governance and oversight
• Maintain and report on key risk indicators (KRIs) and risk appetite metrics; use insights to inform program priorities
• Monitor daily risk exposures, including margin adequacy, concentration, liquidity, and counterparty credit, and escalate breaches or emerging risks promptly
• Conduct stress testing, back-testing, and scenario analysis to evaluate resilience to market volatility, liquidity stress, and client concentration risks
• Lead or support risk reporting and governance, providing timely updates to senior management, the CCO, and regulators
• Conduct and document compliance risk assessments to evaluate risk exposure and identify areas for enhanced monitoring, testing, or training
• Collaborate with Compliance, Operations, Treasury, and Technology to align risk monitoring with supervisory, financial, and operational controls
• Engage with CFTC, NFA, DCOs, and exchanges on risk-related matters; assist in regulatory filings, attestations, and audits in coordination with Compliance and Legal
• Drive automation and system enhancements for risk analytics, dashboards, and real-time exposure monitoring
• Partner with Finance and Treasury on capital and liquidity risk management; ensure alignment between the Risk and Compliance programs
• Contribute to a risk-aware culture by promoting transparency, accountability, and proactive risk management across the organization

Requirements

• Bachelor’s degree in Finance, Economics, Risk Management, Engineering, or a related field
• 10+ years of risk management and clearing operations experience in financial services, preferably within an FCM, derivatives broker, or clearing firm
• Strong knowledge of CFTC and NFA regulations, including CFTC Regulation 1.11 and risk management standards in futures and derivatives markets
• Proven experience implementing or overseeing risk frameworks, limits, margin methodologies (SPAN, VaR, stress testing), and escalation procedures
• Demonstrated ability to lead risk governance, regulatory interactions, and cross-functional collaboration
• Excellent analytical, quantitative, and communication skills; able to explain complex risk concepts to executives and regulators
• Effective interpersonal and stakeholder management skills, fostering cooperation across technical and business teams

Benefits

• Generous PTO
• 7 Paid Holidays Annually + 5 Conditional Holidays Annually
• 1 Service Day Annually
• 401k with 3.5% Company Match
• Paid Parental Bonding Leave
• Health, Vision, Dental Coverage
• Life and Disability Insurance Covered 100% by NinjaTrader