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Market Risk Consultant Jobs (NOW HIRING)

Chubb

Risk Consultant

Tampa, FL

The core responsibilities of the Risk Consultant role are to provide accurate replacement costs, analyze risk acceptability, make clear and feasible recommendations, and market the Chubb differences ...

Engelhart

Market Risk Analyst

Houston, TX · On-site

About the Role We are looking for a Market Risk Analyst with a keen interest in Energy Commodity ... Developing and maintaining appropriate stress test scenarios in consultation with front office ...

Gallagher

Captive Risk Consultant

Phoenix, AZ

... market/geography, complexity or scope, specialized skill set, lines of business/practice area ... Strong understanding of the risk consulting business * Ability to write complex reports and ...

Swiss Re

Risk Consultant- P&C Insurance

Chicago, IL · On-site

$98K - $163K/yr

Do you have experience in product development, pricing, underwriting, go-to market efforts, in ... We are currently expanding our Risk Consulting & Analytics team within the Swiss Re Risk Data ...

Swiss Re

Risk Consultant- P&C Insurance

Chicago, IL · On-site

$98K - $163K/yr

Do you have experience in product development, pricing, underwriting, go-to market efforts, in ... We are currently expanding our Risk Consulting & Analytics team within the Swiss Re Risk Data ...

Swiss Re

Risk Consultant- P&C Insurance

Manhattan, NY · On-site

$98K - $163K/yr

Do you have experience in product development, pricing, underwriting, go-to market efforts, in ... We are currently expanding our Risk Consulting & Analytics team within the Swiss Re Risk Data ...

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Market Risk Consultant information

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How much do market risk consultant jobs pay per hour?

As of Jun 16, 2026, the average hourly pay for market risk consultant in the United States is $52.96, according to ZipRecruiter salary data. Most workers in this role earn between $43.75 and $58.17 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Market Risk Consultant, and why are they important?

To thrive as a Market Risk Consultant, you need a strong background in finance, quantitative analysis, and risk management, often supported by a relevant degree such as finance, economics, or mathematics. Familiarity with risk modeling software, statistical tools like Python or R, and certifications such as FRM or CFA are commonly required. Strong analytical thinking, attention to detail, and effective communication skills help you interpret data and present complex risk information to stakeholders. These skills are crucial for accurately assessing market risks and advising organizations on strategies to protect against potential financial losses.

What does a Market Risk Consultant do?

A Market Risk Consultant analyzes and assesses financial risks that can impact an organization’s market positions, such as interest rates, currency fluctuations, and equity prices. They help companies identify potential threats to their portfolios and develop strategies to mitigate those risks. Their work often involves using quantitative models, stress testing, and scenario analysis to forecast potential losses. Consulting with financial institutions or corporate clients, they also advise on regulatory compliance and best practices to ensure sound risk management.

What is the difference between Market Risk Consultant vs Credit Risk Analyst?

AspectMarket Risk ConsultantCredit Risk Analyst
Required CredentialsBachelor's degree, CFA or FRM often preferredBachelor's degree, CFA or FRM often preferred
Work EnvironmentFinancial institutions, consulting firms, investment banksBanks, credit agencies, financial institutions
Industry UsageFocuses on market fluctuations, trading risksFocuses on borrower creditworthiness, loan risks
Common Search/ComparisonYesYes

The main difference between a Market Risk Consultant and a Credit Risk Analyst lies in their focus areas. Market Risk Consultants analyze risks related to market fluctuations and trading activities, while Credit Risk Analysts evaluate the creditworthiness of borrowers and loan risks. Both roles require similar credentials and are found in financial institutions, but they serve distinct functions within risk management.

What are some common challenges faced by Market Risk Consultants when working with cross-functional teams?

Market Risk Consultants often collaborate with trading, finance, and IT teams to assess and manage risk exposures. A common challenge is translating complex quantitative risk models into actionable insights for non-technical stakeholders. Ensuring clear communication and aligning risk management strategies across departments requires strong interpersonal skills and adaptability. Additionally, navigating differing priorities and regulatory requirements can present obstacles that require proactive problem-solving and relationship management.
What cities are hiring for Market Risk Consultant jobs? Cities with the most Market Risk Consultant job openings:
Market Risk Consultant jobs near you
Securities Clearing - Market Risk Consultant

Securities Clearing - Market Risk Consultant

CME Group

New York, NY • On-site

$55 - $65/hr

Full-time

Posted 26 days ago

Job description

CME Group is launching a new Securities Clearing House, which will initially launch clearing services for cash treasuries as well as Bilateral Tri-party Repo. The candidate is responsible for daily monitoring of market risk and manage obligations in the event of a clearing member default.
The candidate performs in-depth research and analysis of market, credit, and trading data to identify risks, develop mitigation processes, and present findings to senior management. The candidate performs daily assessments of market conditions and acts as the first line of defense against systemic, idiosyncratic and counterparty-specific risks.
The role is also responsible for creating reports for internal governance committees, measuring key risks, and escalating issues as appropriate.
Key Responsibilities:
  • Liaise with market risk, financial surveillance, and other departments to familiarize others with counterparty credit, liquidity, and collateral risk profiles
  • Perform daily procedures to monitor risk to the clearinghouse, including credit and liquidity stress testing, and escalate findings as necessary
  • Demonstrate a strong understanding of applicable regulations at both domestic and international level as well as have a firm grasp of applicable rules in the clearinghouse's rule book
  • Use technical skills, including knowledge of programming and financial mathematics, to maintain models
  • Assist in preparing responses to ad hoc regulatory requests

Skills and Software Requirements:
  • Knowledge of Fixed Income, Cash Treasuries, and Repo Markets
  • Experienced in Excel, PowerPoint and Word
  • Bloomberg
  • Familiarity with relational databases (MS SQL, Oracle) and SQL
  • Ability to manipulate large data sets
  • Strong analytical, quantitative, and organizational skills
  • Knowledge of financial analysis at an intermediate level
  • Excellent written and verbal communication skills
  • Capability to work independently as well as in a team setting

CME Group is seeking skilled and experienced Consultants for a fixed term of engagement from 6/01/2026 to 12/31/2026. CME is committed to offering competitive compensation for our consultants that recognizes their contributions to the business. The hourly pay range for this role is expected to be $55-$65 per hour. The actual pay offered will be dependent on a wide array of factors including but not limited to: relevant experience, skills, education and comparison to internal consultants or employees (where relevant). Please note that while this opportunity is for a consultant role dedicated to CME, the consultant will be directly employed by a third party vendor, which would provide pay and benefits.
CME Group: Where Futures are Made
CME Group is the world's leading derivatives marketplace. But who we are goes deeper than that. Here, you can impact markets worldwide. Transform industries. And build a career by shaping tomorrow. We invest in your success and you own it - all while working alongside a team of leading experts who inspire you in ways big and small. Problem solvers, difference makers, trailblazers. Those are our people. And we're looking for more.
At CME Group, we embrace our employees' unique experiences and skills to ensure that everyone's perspectives are acknowledged and valued. As an equal-opportunity employer, we consider all potential employees without regard to any protected characteristic.
Important Notice: Recruitment fraud is on the rise, with scammers using misleading promises of job offers and interviews to solicit money and personal information from job seekers. CME Group adheres to established procedures designed to maintain trust, confidence and security throughout our recruitment process. Learn more here.
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About CME Group

Sourced by ZipRecruiter

As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk. We enable clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. We meet uncertainty and volatility with confidence and clarity, across the trading lifecycle and around the world.

Industry

Finance and insurance

Company size

1,001 - 5,000 Employees

Headquarters location

Chicago, IL, US

Year founded

2007

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