Investment Risk Director
NYC Staffing - New York, New York, United States, 10001
Work at NYC Staffing
Overview
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Overview
Work as part of the Man External Alpha Investment Risk team, responsible for protecting our client's capital through the identification, measurement, escalation, and management of market risks. Maintain regular contact with external parties; hedge fund managers and clients. The Investment Risk team has excellent exposure to senior personnel at Man, and clients through regular meetings such as a monthly Risk Committee meeting, regular risk update calls with clients, and ad hoc queries. The Investment Risk team has three main functions: Risk manage our clients' investments; making sure hedge fund managers stay within risk parameters, and keep our client's informed of their risk profile which includes being informed on financial markets and new developing risks. Conduct Investment Risk due diligence on new hedge fund investments. Ensure the timeliness and accuracy of risk data, to internal and external stakeholders. Responsibilities also include: Form an independent view of the risks inherent in our investments and identify risk issues that are developing in the markets. Assist the CIO and PMs to understand portfolio risks, define appropriate course of actions and assist with the implementation. Analyze the performance and risks of our investments, as required, and identifying any risk issues as they arise. Work with clients to be their "eyes and ears" on the ground; helping them to understand and respond to market risks - advising risk management actions where appropriate. Meet hedge fund managers across all strategies prior to our investment to understand their strategies, risk culture and architecture to ensure they are suitable for our investment. Enhance risk methodologies to ensure that risk management best practice is followed. Analyze position level data across all asset classes (equities, FX, fixed income, commodities, credit). Respond to risk limit breaches and determine the most appropriate course of action. *Position is eligible to work hybrid, requiring at least 2-3 days per week in the NYC Office, with manager approval. Location: 1345 Avenue of the Americas, 21st Floor, New York, NY 10105 Salary: From $191,922 to $195,000 per year. Requirements: Master's degree in industrial engineering and operations research, financial engineering or related field and 5 years' experience in job or related field. 5 years of experience working in a portfolio risk and advisory role. Working knowledge of various fund strategies such as systematic and fundamental strategies including some experience covering derivative overlay strategies, broad cross asset class coverage, with detailed knowledge of at least one asset class required; experience interacting with and question CIOs or senior portfolio managers and risk managers (CRO level) on risks and positions within their strategy; experience succinctly and clearly summarizing and communicating thoughts on portfolio positioning, market events, portfolio risk both verbally and in writing; experience articulating clearly our risk management philosophy and capabilities to stakeholders or clients; proficiency in the use of standard desktop applications, with experience of risk management software and reporting tools; experience working as part of a team; as well as experience in Tableau and/or Python. Experience in RiskMetrics or any other vendor provided risk models. CFA license required. Send resumes to: RecruitmentAtMAN@man.com. Please reference 8030664