A leading multi-strategy Hedge Fund in NYC is looking to hire a Risk Manager to take risk ownership of their Systematic Equities desk. The fund manages more than $25B in total assets and operates on a global level, with offices in the U.S., UK, Hong Kong, Singapore, Amsterdam, and Zurich. The strategy coverage for this role will mostly focus on stat-arb, merger-arb, and vol-arb.
This position will report directly to the Head of Equity Risk and will have complete ownership of the systematic equities desk from a risk perspective. The fund is looking for a candidate with 10+ years of experience, excellent product coverage, and the ability to relate and advise quantitative investment professionals.
Responsibilities:
- Provide risk advisory to roughly 20 Quant PMs running systematic equity strategies
- Work directly with investment teams to help them understand their risk drivers, and help them maximize risk adjusted returns
- Establish and manage risk limits across the desk
- Maintain dialogue with senior-level stakeholders in the investment team and evaluate trade ideas prior to execution
- Research and determine PnL drivers
- Interview prospective PMs alongside senior leadership
- Perform portfolio optimizations to increase risk adjusted returns
- Provide oversight over the firms equity risk factor models and conduct research to determine where models can be enhanced.
- Present on risk exposures for the systematic equities business to the Risk and Investment Committees
Qualifications:
- 10+ years of experience within Risk Management, Quant Research, Modeling, or Trading
- Strong knowledge of stat-arb strategies
- Experience using Python
- Experience working with equity risk factor models (Barra or Qontigo/Axioma)
- Excellent communication skills and ability to present to senior stakeholders
