Quantitative Risk Manager x2 (Hedge Fund)
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| Job Type | Permanent |
| Area | City, UK |
| Sector | BankingFront OfficeRisk |
| Salary | up to £80k + benefits + bonus |
| Currency | GBP |
| Start Date | |
| Job Ref | VAC-12459 |
| Job Views | 1215 |
- Description
- Our client, a start-up hedge fund requires TWO Quantitative Risk Managers. Positioned at VP-level and reporting to the Chief Risk Officer, the successful candidates will be required to focus on the following products:
" FX / currencies
" commodities
" ETNs
" Bonds
" Indices
" alternatives
In addition to the following strategies:
" Global macro strategy
" macro diversified
" Stat arbitrage
You will be responsible for:
- Developing the risk management unit for the benefit of all business functions and the trading desks. It will be closely working with the strategy and research unit for implementing efficient risk monitoring process.
- Managing a team of analysts
- Adapting the risk management models with the growth of trading activity
- Run an enterprise risk management framework, including risk strategy and risk appetite statements; cascade risk limits; monitor compliance and escalate any material breaches (subject to regulatory requirements).
- Monitor the key risk policies (including regulatory, legal, compliance, cyber risk, AML, fraud, operational and credit risk); champion the enterprise risk management policy and risk policies for all key risk categories..
- Create a consistent understanding of risk throughout the US division and trading activities.
- Daily aggregation, validation, and monitoring of risk.
- Regular reporting of risk positions, limit breaches, and stress testing results for firm management and regulatory compliance.
- Identification and investigation of changes to risk profile, including analysis of VaR and stress drivers. Communication of findings to management.
- Reviewing new transaction requests, identifying, and assessing the key risk issues, including capital impacts.
- Performance of stress testing.
Role Requirements:
- Degree-educated, or equivalent, in a relevant discipline such as Mathematics, Physics, Statistics, Economics, or Finance.
- Experience in trading risk management
- Managerial experience
- Knowledge of financial products as listed above
- Knowledge of computing and scripting languages (e.g. Java, C++ or Python).
- Excellent knowledge of the Investments Adviser Act of 1940, Dodd–Frank Wall Street Reform and Consumer Protection Act, MIFID, MIFID II, other ESMA regulations, FCA PERG. The structural application of these regulations in highly complex cross border structures would be advantageous.
- Previous experience in trade execution would be advantageous
- Ability to investigate problems into complex systems and data.
This is a fantastic opportunity to join an exciting company with clear plans for 2021 and take an active part in shaping the role and team.
Please be advised that this role with be office-based. Unfortunately, there will be no opportunity for remote / home working.
This vacancy is being advertised by Montpellier Resourcing Limited. The services advertised by Montpellier Resourcing Limited are those of an Employment Agency.