Quantitative Risk Analyst — Derivatives & Clearing

About the Role

Polymarket is hiring a Quantitative Risk Analyst to design and implement enterprise-scale risk models at the heart of our clearing operation. You'll own models for market risk, volatility and correlation of derivatives, stress testing, and automated liquidation — the systems that keep the platform solvent and users protected in fast-moving markets.

This is a hands-on role: you'll be building models in production code, not just specifying them. We expect you to work fluently with AI tools for development and research — and to be the skeptic in the room, pressure-testing AI-generated models and code against well-established risk frameworks before anything ships.

What You'll Do

• Design, implement, and maintain enterprise-scale risk models covering market risk, margin, and counterparty exposure for a clearing organization

• Build volatility and correlation models for derivatives, including calibration, backtesting, and ongoing model validation

• Develop and run stress-testing frameworks: historical scenarios, hypothetical shocks, and reverse stress tests