Crestline Summit
Fort Worth, Texas, United States; New York, New York, United States
About SummitTX SummitTX Capital, L.P., is an institutional hedge fund manager founded in 2015. It employs an open architecture, multi-portfolio manager, and multi-strategy equity-oriented business model and manages ~$3 billion for global investors. SummitTX is headquartered in Fort Worth, Texas, and maintains a significant presence in New York. With a long-standing track record of success in the fundamental investment industry, SummitTX continues to evolve and expand its capabilities. We are currently growing our Risk team, an opportunity to join a dynamic, innovative group within a respected and scaling firm. This role offers a unique chance to help shape a cutting-edge quantitative risk platform from the ground up, while leveraging the infrastructure and insight of a firm with deep market expertise.
Position Summary SummitTX is seeking a seasoned Risk Manager to contribute to the firm’s enterprise risk management. This individual will work closely with the Chief Risk Officer (CRO) to monitor investment and firm-wide risk exposures, develop risk analytics, and help shape the risk culture across the platform. As a senior member of the Risk team, the Risk Manager will focus on delivering robust and scalable risk oversight processes.
Key Responsibilities
Portfolio & Market Risk Oversight Monitor exposures across all strategies to ensure alignment with investment guidelines and the firm’s risk appetite. Analyze concentration, liquidity, leverage, tail, and cross-portfolio risks. Review and challenge portfolio construction, hedging approaches, and scenario assumptions.
Risk Analytics & Infrastructure Design and enhance risk infrastructure including P&L attribution, Value-at-Risk (VaR), stress testing, and real-time exposure tracking. Leverage internal tools and third-party systems to refine risk measurement and visualization. Build and maintain risk dashboards and reporting for investment and senior management teams.
Governance & Control Support the CRO in managing risk policies, limits frameworks, and escalation protocols. Contribute to risk reviews of individual PMs, trading books, and new strategy proposals. Provide a risk perspective during onboarding/offboarding of managers and new strategies.
Qualifications
Minimum 10 years of experience in risk management at a hedge fund, multi-manager platform, or sell-side risk group
Master’s degree in a STEM field such as Mathematics, Physics, Computer Science, or Engineering preferred
Bachelor’s or Master’s degree in a quantitative discipline such as Finance, Economics, Mathematics, or Engineering
Strong understanding of equities and equity derivatives; familiarity with portfolio construction, risk budgeting, and factor risk models
Proficiency with quantitative tools and programming languages (e.g., Python, R, SQL)
Ability to collaborate with other quantitative research members as well as the senior portfolio manager
Compensation
Base Salary Range: $150k to $250k, contingent on experience
Discretionary annual bonus eligible
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About SummitTX SummitTX Capital, L.P., is an institutional hedge fund manager founded in 2015. It employs an open architecture, multi-portfolio manager, and multi-strategy equity-oriented business model and manages ~$3 billion for global investors. SummitTX is headquartered in Fort Worth, Texas, and maintains a significant presence in New York. With a long-standing track record of success in the fundamental investment industry, SummitTX continues to evolve and expand its capabilities. We are currently growing our Risk team, an opportunity to join a dynamic, innovative group within a respected and scaling firm. This role offers a unique chance to help shape a cutting-edge quantitative risk platform from the ground up, while leveraging the infrastructure and insight of a firm with deep market expertise.
Position Summary SummitTX is seeking a seasoned Risk Manager to contribute to the firm’s enterprise risk management. This individual will work closely with the Chief Risk Officer (CRO) to monitor investment and firm-wide risk exposures, develop risk analytics, and help shape the risk culture across the platform. As a senior member of the Risk team, the Risk Manager will focus on delivering robust and scalable risk oversight processes.
Key Responsibilities
Portfolio & Market Risk Oversight Monitor exposures across all strategies to ensure alignment with investment guidelines and the firm’s risk appetite. Analyze concentration, liquidity, leverage, tail, and cross-portfolio risks. Review and challenge portfolio construction, hedging approaches, and scenario assumptions.
Risk Analytics & Infrastructure Design and enhance risk infrastructure including P&L attribution, Value-at-Risk (VaR), stress testing, and real-time exposure tracking. Leverage internal tools and third-party systems to refine risk measurement and visualization. Build and maintain risk dashboards and reporting for investment and senior management teams.
Governance & Control Support the CRO in managing risk policies, limits frameworks, and escalation protocols. Contribute to risk reviews of individual PMs, trading books, and new strategy proposals. Provide a risk perspective during onboarding/offboarding of managers and new strategies.
Qualifications
Minimum 10 years of experience in risk management at a hedge fund, multi-manager platform, or sell-side risk group
Master’s degree in a STEM field such as Mathematics, Physics, Computer Science, or Engineering preferred
Bachelor’s or Master’s degree in a quantitative discipline such as Finance, Economics, Mathematics, or Engineering
Strong understanding of equities and equity derivatives; familiarity with portfolio construction, risk budgeting, and factor risk models
Proficiency with quantitative tools and programming languages (e.g., Python, R, SQL)
Ability to collaborate with other quantitative research members as well as the senior portfolio manager
Compensation
Base Salary Range: $150k to $250k, contingent on experience
Discretionary annual bonus eligible
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