Head of Risk - Alphagrep Global Capital

AlphaGrep Securities; City Of London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading asset management firm is looking for an experienced Head of Risk to lead global fund risk management. The role involves developing risk frameworks, implementing robust reporting, and ensuring regulatory compliance. Candidates must have over 10 years of experience in risk management within quantitative hedge funds. Excellent communication skills are required to convey complex risk concepts.

Qualifications

• Minimum of 10 years of experience in risk management within a quantitative hedge fund or proprietary trading firm.
• Excellent communication skills with the ability to convey complex risk concepts to both technical and non-technical stakeholders.

Responsibilities

• Develop and maintain risk frameworks, methodologies, and infrastructure.
• Design and implement robust risk reporting in collaboration with teams.
• Collaborate with portfolio managers for real-time risk insights.
• Ensure compliance with UK regulatory risk reporting requirements.
• Contribute insights to the Investment Committee and senior management.

Skills

Risk management experience

Communication skills

Job description

Overview

We are a global quantitative multi-strategy asset management firm, with a global investment focus and team. We are seeking an experienced Head of Risk to lead the firm's global fund risk management function, ensuring comprehensive risk oversight and reporting in full compliance with regulatory standards. The successful candidate will have experience with the risk management and monitoring of strategies spanning equity market-neutral, quantitative futures/macro, and options-based strategies.

Key Responsibilities

• Develop and maintain risk frameworks, methodologies, and infrastructure to support mid-frequency strategies.
• Design and implement robust risk reporting in collaboration with the groups central risk and engineering teams, incorporating VaR-based models, Barra models, option Greeks, volatility surfaces, and scenario analysis.
• Collaborate closely with portfolio managers to provide real-time risk insights and proactive risk mitigation strategies.
• Ensure compliance with UK regulatory risk reporting requirements and industry best practices.
• Contribute risk reporting, recommendations and insights to the Investment Committee, senior management and other stakeholders.

Key Requirements

• Minimum of 10 years of experience in risk management within a quantitative hedge fund or proprietary trading firm.
• Excellent communication skills with the ability to convey complex risk concepts to both technical and non-technical stakeholders.

Compensation

• Competitive, commensurate with experience.