A Top Multi-Strategy Hedge Fund in the Tri-State area is urgently hiring for a junior-level Risk Analyst to join their Risk Management team and help ensure the firm's funds are aligned with the designated risk limits. This is a billion-dollar hedge fund in terms of AUM, offering the opportunity to report directly into the CRO and work closely with the Portfolio Managers on a daily basis.
This candidate will be responsible for working with the Chief Risk Officer to cover the monitoring of all risk measures and exposures to ensure all risk-taking activities are within the firm's limits. This role sits on the trade floor, collaborating with the PMs, while reviewing all fund positions and providing risk oversight. The Hiring Manager is looking for an individual who is knowledgeable on risk, with an understanding and interest in the on-goings of the market. This will not be a desk quant role, but more a risk manager who will work with the CRO on taking the necessary actions off the back of the market's on-goings.
The firm is looking for junior candidates with 1-3+ years of risk management experience, coming from either a sell side bank or reputable buyside firm. No specific asst class coverage is needed, although the firm does focus primarily on cross-asset global macro products. The most important qualification will be taking the initiative from on-goings in the securities market and knowing how to confer with the PMs on how they can utilize this knowledge in relation to trades.
Responsibilities:
- Monitor the market to manage all risk measures and exposures
- Ensure all risk-taking activities are within the firm's limits
- Prepare all materials used by the CRO to keep investors and traders informed of all risk being taken by the Portfolio Managers
- Review all fund positions and identify exposures
- Maintaining risk limits on all trade executions
Qualifications:
- 1-3+ years of risk management experience
- A strong understanding and interest in the securities markets and the markets on-goings
- Excellent communication skills
- Proficiency in Microsoft Excel
