# Risk Manager - Algorithmic Trading

**Company**: Risk Management
**Location**: London
**Experience**: senior
**Job type**: full-time
**Category**: Finance
**Industry**: Finance

**Apply**: https://mlp.eightfold.ai/careers/job/755959673781?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
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## Description

We are seeking a Risk Manager - Algorithmic Trading to join our Global Risk Management Department at Millennium, a global alternative investment firm.

The Execution Risk team works to prevent financial loss from malfunctioning or miscontrolled trading systems and protect the firm from regulatory failures. As a Risk Manager, you will assess proposed new and materially modified algorithm documents and their pre- and post-trade controls, with authority to approve, reject or require remediation before deployment or re-release.

Responsibilities:

- Assess proposed new and materially modified algorithm documents and their pre- and post-trade controls

- Verify that controls are implemented as documented and are appropriate for each strategy, product and venue

- Challenge portfolio managers, quants and developers on algorithm design and intent, testing evidence, parameter calibration and change management

- Escalate unresolved control gaps to governance forums and communicate and defend rejection decisions to the business

- Own the algorithm inventory, approval templates and periodic reassessment cycle

Requirements:

- 6+ years of relevant markets experience

- Deep product and market microstructure knowledge of listed derivatives, including futures and options, and deep knowledge of either cash equities or FX and rates

- Demonstrated judgment in assessing whether control designs are appropriate for a strategy and product

- Technical fluency to interrogate code and configuration directly or with AI-assisted tools

- Strong analytical and communication skills

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## Skills

### Required
- Python
- SQL
- KDB/q
- listed derivatives
- market microstructure
- algorithm design

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