Emerging Markets Risk Lead: Fixed Income & Macro

Balyasny Asset Management L.P.; Greater London; On-site; GBP 170,000 - 260,000; Full time

Job summary

The Senior Emerging Markets Risk Manager at Balyasny Asset Management L.P. will report to the Co-Heads of Fixed Income & Macro Risk and work with a global team of risk professionals, quantitative analysts, and Portfolio Management teams.

You will oversee risk across Emerging Markets in Latin America, Asia, and CEEMEA, calibrate risk guidelines, and conduct trade-level analyses across rates, FX, credit, equities and derivatives, while presenting findings to senior management.

Qualifications

• 12+ years of experience in trading, sales, structuring, quantitative analysis, or market risk roles at a sell-side or buy-side institution; hedge fund experience strongly preferred.
• Deep knowledge and experience in Emerging Markets, with expertise in Fixed Income, Rates, FX, and derivatives across Latin America, Asia, and CEEMEA.
• Demonstrated ability to collaborate and work effectively across global offices and teams.
• Excellent communication skills, with the ability to present complex risk concepts to senior stakeholders.
• Strong programming skills in Python, or a computer science background with the ability to learn Python.
• Advanced academic background in a quantitative discipline (e.g., mathematics, engineering, physics, finance).

Responsibilities

• Partner with Developed and Emerging Markets Portfolio Management teams to understand and analyze portfolio risk across Latin America, Asia, and CEEMEA.
• Calibrate and manage risk guidelines for multiple portfolio teams, ensuring alignment with firm-wide risk appetite and regulatory requirements.
• Collaborate with portfolio managers to resolve discrepancies in measured risk or address risk exposures outside of policy guidelines.
• Conduct detailed trade-level risk analysis for both new and existing positions, including rates, FX, sovereign and corporate credit, equities, and derivatives.
• Perform top-down risk assessments of the Emerging Markets business, including exposure analysis, VaR, and stress testing.
• Present business-level risk in a clear and concise manner to senior risk and management teams.
• Maintain a detailed and proactive view of the current risk environment, monitoring risk events and their potential impact on positions.
• Construct and analyze event risk scenarios relevant to Emerging Markets.
• Assess and explain P&L drivers, both intraday and historically, across portfolios.
• Develop analyses and reports for use by risk team members and portfolio managers.
• Contribute to innovative research on risk policy, risk allocation, and portfolio guidelines, with a focus on Emerging Markets.

Skills

Python programming

Quantitative analysis

Cross-team collaboration

Communication

Education

Advanced degree in quantitative discipline

Job description

The Senior Emerging Markets Risk Manager at Balyasny Asset Management L.P. will report to the Co-Heads of Fixed Income & Macro Risk and work with a global team of risk professionals, quantitative analysts, and Portfolio Management teams.

You will oversee risk across Emerging Markets in Latin America, Asia, and CEEMEA, calibrate risk guidelines, and conduct trade-level analyses across rates, FX, credit, equities and derivatives, while presenting findings to senior management.