# Quant Risk Analyst

**Company:** [Polymarket](https://hotfix.jobs/companies/polymarket)
**Location:** New York, NY
**Role:** Data Science
**Skills:** Python, quantitative risk management, Financial Modeling, derivatives, futures, stress testing, margin management, position limits, liquidation, market making, collateral management, cftc regulations, risk monitoring, default risk, order books
**Posted:** 2026-08-13

> Build and own quantitative risk models, stress testing, default-risk frameworks, and real-time monitoring for a regulated derivatives exchange. The role requires hands-on derivatives risk experience, strong Python skills, exchange-mechanics expertise, and working knowledge of CFTC requirements.

## Job Description

## Responsibilities
- Build quantitative risk models for perpetuals and commodity derivatives, covering margin requirements, position limits, and tail risk across normal and stressed market conditions.
- Design and maintain the exchange’s stress-testing framework, including scenario construction, loss estimation, and regular calibration as market conditions evolve.
- Develop default-risk models to determine how the guarantee fund is sized, structured, and triggered during a default event.
- Partner with engineers to build a real-time risk-monitoring platform that surfaces exposure, breaches, and anomalies during live trading.
- Translate risk-model outputs into exchange policy, including margin schedules, liquidation logic, and market-maker requirements.
- Own CFTC-related risk reporting and capital obligations, working with legal and compliance to meet regulatory requirements.
- Identify gaps in the risk architecture and prioritize future development based on where exposure is growing fastest.

## Requirements
- Hands-on experience managing derivatives or futures risk at an exchange, clearinghouse, or trading firm.
- Quantitative risk-management experience with direct ownership of model development.
- Strong financial-modeling skills in Python, including clean, production-quality code.
- Comfort working with AI tools across the full development cycle.
- Deep familiarity with exchange mechanics, including order books, market-making dynamics, margin and collateral management, position limits, and liquidation.
- Working knowledge of CFTC regulations for designated contract markets, including reporting requirements, capital rules, and conduct standards.
- Ability to scope problems, build solutions independently, and defend assumptions to stakeholders.

## Nice-to-Haves
- Experience with guarantee-fund design or default-waterfall mechanics at a clearing organization.
- Background in prediction markets, crypto derivatives, or other non-traditional asset classes.
- Experience standing up a risk function or platform from scratch.

## Compensation and Benefits
- Competitive salary and equity.
- Unlimited PTO.
- Full health, vision, and dental coverage.
- 401(k) match.
- Hardware setup including a new MacBook Pro, display, and accessories.

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