Liquidity & Stress Testing Risk Analyst (Clearinghouse / Capital Markets)

Job Title: Liquidity & Stress Testing Risk Analyst (Clearinghouse / Capital Markets)

Location: Chicago, IL or NYC, NY (Onsite 5 days per week)

Duration & Type: Initial 12-month contract to start with likely extension or conversion

Compensation & Benefits: Competitive hourly rate ($48-54), Access to Healthcare, Dental, and Vision Insurance Plan of Choice, and 401K (Benefit Plans can be requested at the time of submission to the client)

Summary

Chamberlain Advisors is seeking a Liquidity & Stress Testing Risk Analyst to support a high-impact risk team within a financial services organization focused on clearinghouse operations. This role plays a critical part in safeguarding the clearinghouse against systemic, counterparty, and liquidity risks through daily stress testing, quantitative analysis, and risk modeling.

This position sits within the Stress Testing & Liquidity Risk team and requires a strong understanding of clearinghouse mechanics, including the ability to articulate how clearing functions across financial markets. The ideal candidate will bring experience across capital markets products such as U.S. Treasuries, repo, derivatives, and futures, along with strong technical capabilities in data modeling and programming. Click Apply Now to join the Chamberlain experience!

What You Will Be Accountable For

• Perform daily liquidity and credit stress testing to assess the clearinghouse’s ability to withstand member defaults and market disruptions
• Analyze large, complex datasets to evaluate market, credit, and counterparty risk exposures
• Maintain, enhance, and validate risk models using quantitative techniques and programming tools
• Monitor market conditions, including rates, Treasuries, and repo activity, to identify emerging risks and vulnerabilities
• Partner with market risk, financial surveillance, and clearing operations teams to communicate findings and escalate material exposures
• Support regulatory reporting and ad hoc inquiries, ensuring alignment with internal governance and external requirements
• Contribute to the development of risk reporting for governance committees, providing clear and actionable insights
• Apply a strong understanding of clearinghouse operations and rule frameworks to risk analysis and decision-making
• Act as a first line of defense, identifying anomalies, validating assumptions, and recommending risk mitigation strategies

What Qualifications You Need

• Bachelor’s degree in Finance, Economics, Mathematics, or a related field
• 2–5+ years of experience in financial risk analysis, ideally within capital markets or clearing environments
• Strong understanding of:
• Liquidity risk, credit risk, and market risk
• Clearinghouse / CCP operations
• Capital markets instruments (Treasuries, repo, derivatives, futures)
• Advanced technical skills, including:
• SQL (data extraction, joins, large dataset analysis)
• Excel (advanced modeling, data manipulation)
• Experience working with large financial datasets and performing quantitative analysis
• Strong analytical, quantitative, and problem-solving skills
• Excellent communication skills with the ability to present risk findings clearly

Preferred Qualifications:

• Programming experience in Python and/or R for modeling and analytics
• Hands-on experience with Bloomberg Terminal (or similar tools such as Refinitiv or FactSet)
• Experience with credit stress testing and liquidity modeling frameworks
• Exposure to regulatory environments and risk governance practices
• Prior experience supporting a clearinghouse, exchange, bank, or hedge fund

About the Client: Mixing powerful thinking and cutting-edge technology, our client is where the world comes to manage risk. Offering the widest range of global benchmark products across all major asset classes. They have created a marketplace for buyers and sellers bringing together individuals, companies, and institutions that need to manage risk. Our client works to serve as the counterparty to every trade that happens in our markets, to protect the integrity of our markets, and to virtually eliminate third-party credit risk. They are more than a marketplace, they are a team of groundbreakers, problem solvers, and difference makers.

Why Work with Chamberlain?

Chamberlain Advisors is a veteran-owned business that provides human capital solutions across a wide range of industries and engagement types. Chamberlain candidates benefit from our unique hiring and interviewing process which has been designed to increase the likelihood that they will be successful in their job searches. This is achieved through our 5-step recruitment process, ensuring a top-of-the-line candidate experience. Find out what makes us different; apply to Chamberlain today.

Equal Opportunity Employer

Chamberlain Advisors provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics.