Equity Risk Manager


Financial Services


New York, New York

Employment Type



Our client is seeking an Equity Market Risk professional to join as an analyst on its Risk & Quantitative Research team.

Job Description:

Compensation : $150000 - $200000
Job ID : 11606


The Risk team plays a vital role in our Clients investment process. They have built a culture that appreciates the value of effective risk management which is deeply rooted in its culture. The Market Risk Analyst will review portfolio risks & performance, support the development of comprehensive risk reports for Management & Portfolio Managers, and be a vital contributor to drive improvements to the existing risk management system—the objective being to help the Fund deliver superior risk-adjusted performance. The team is front-line in protecting the Fund from outsized exposure & ensure that risk-taking is efficient & deliberate.


This role reports into Risk but works directly with the Portfolio Managers, analysts & trading desks on a daily basis.


The ideal candidate is hardworking, self-motivated, and detail oriented professional who can articulate both market risk management and systems concepts effectively to a diverse audience in a fast-paced environment. The role will cover a wide range of assets, but the candidate must have experience covering global macro products (fixed income, credit, FX).


The Market Risk Analyst will:

  • Analyze firm portfolios to identify market risks and performance drivers; expand the current risk infrastructure to facilitate efficient risk management and ensure comprehensive coverage of firm risk exposures.
  • Support senior risk managers and colleagues on topics such as risk limit usage, firm and portfolio risk exposures, tail risks, and forward-looking risk events.
  • Demonstrate a strong understanding of foundational market risk management concepts such as model Greeks, historical stress testing, value-at-risk, liquidity measurement.
  • Help design and prototype risk analytics and reports for portfolios of diverse products and strategies.
  • Collaborate closely with the technology team to deploy prototypes to production; continuously enhance reports and systems areas when necessary.
  • Work with other groups (Operations, Finance, Treasury, Compliance) to strengthen data integration, develop firm reports, and to produce collaborative analysis for management.
  • Evaluate reference data and vendor analytics packages; work to integrate them into the risk system. Remediate data issues, QA new features and isolate issues in existing risk system in conjunction with risk technology.


Job Requirements:


  • 3+ years of work experience in market risk or trading in Equities
  • Strong STEM background   with particular interest in statistics, math & econometrics
  • Ability to manipulate and synthesize large data sets with a high priority for SQL & Python expertise.
  • High level of expertise in MATLAB, R
  • Solid product knowledge & analytical rigor in terms of pricing models, risk sensitivities and best practices for risk aggregation in a portfolio context
  • Experience with MSCI/RiskMetrics & other market risk platforms in a production environment critical
  • Essential experience with pricing functions packages (i.e., FinCad, QuantLib).
  • Strong communication skills with prior experience interacting with Risk Managers, Senior Management and Back-office team members.
  • Demonstrated critical thinking & problem solving skills
  • The ability to multi-task while also having the ability to work well within a team to deliver on deadlines in a fast-paced environment
  • Professionalism & integrity are paramount characteristics


Disclosure:  The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment.  All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.