Description
We are seeking a Risk Manager, Fundamental Equities to join our Global Risk Management Department at Equities Risk in New York.
The Equity Risk Management team partners closely with fundamental equity trading groups to provide disciplined risk oversight across portfolios, performance, and trading activity.
Responsibilities:
- Own risk coverage for a group of fundamental equity trading teams, developing a detailed understanding of their portfolios, risk exposures, performance, and investment processes.
- Monitor where risk is building across assigned trading groups, distinguish material developments from noise, and clearly communicate their implications.
- Develop a working understanding of each Portfolio Manager’s investment process, including where their edge is demonstrated and where risk exposures may be incongruous.
- Act as a business partner to investment professionals, helping build strong economic intuition around the risks within their portfolios.
- Evaluate and prioritize risks across the coverage book, focusing the team’s attention on the developments that require action.
- Translate findings into focused conversations with Portfolio Managers and follow through on resulting actions or changes.
- Independently scope and conduct research when existing tools do not answer a risk question, sharing findings with the broader team.
- Identify risks that may not be fully captured by current measures and use engagement with risk takers to help shape the risk and portfolio research agenda.
Requirements:
- 7–10 years of experience in equity risk management, portfolio research, quantitative research, or a fundamental investment role.
- Experience in a multi-manager platform is helpful but not required.
- Fluency with characteristics-based factor models.
- Proficiency in R or Python and SQL, with the ability to perform end-to-end analysis independently.
- Strong statistical judgment and quantitative, analytical, and problem-solving skills.
- Ability to develop clear, actionable perspectives and recommendations from complex risk and portfolio data.
- Clear and concise written and verbal communication skills, including the ability to communicate effectively within length constraints.
- Degree in a technical or quantitative field; an advanced degree in Financial Engineering or a similar discipline is preferred.
Benefits:
- The estimated base salary range for this position is $160,000 to $250,000.
- Comprehensive benefits package including a base salary, discretionary performance bonus.