Junior Risk Manager

ZipRecruiter; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A global investment management firm is looking for a Junior Risk Manager to enhance their discretionary trading business. The role involves assessing risks in trading strategies, collaborating with teams globally, and driving the development of a structured risk management framework. Candidates should have a quantitative degree, up to 3 years of experience, and strong communication skills. This position offers an opportunity to contribute significantly to the growth of the fund.

Qualifications

• Bachelor’s degree in Mathematics, Statistics, Financial Engineering, or a related field.
• Up to 3 years of experience in risk management.
• Interest in risk management and a quantitative approach.

Responsibilities

• Identify and evaluate risks in discretionary trading strategies.
• Collaborate with researchers and traders.
• Analyze risk at the portfolio level.
• Help with trade portfolio construction.
• Drive the improvement of risk management processes.

Skills

Quantitative analysis

Risk management

Collaboration

Communication

Urgency in fast-paced environments

Education

Bachelor’s degree in a quantitative field

Job description

Overview

My client is a global investment management firm that utilizes a diversified portfolio of systematic and quantitative strategies across financial markets that seeks to achieve high quality, uncorrelated returns for their clients. They have deep expertise in trading, technology and operations and attribute their success to rigorous scientific research. They are looking for a Junior Risk Manager to join their expanding discretionary team. This is a unique opportunity to help further develop the discretionary trading business worldwide. As a member of the team, you will be responsible for implementing a structured risk management culture, ensuring a sound and stable operation of the business via the implementation of processes and controls to ensure that risks (market risks, operational risk, conduct risk, etc.) are properly managed and contributing to the overall growth of the fund. You will liaise and collaborate closely with researchers and traders while leveraging the world class research platform.

Position Overview

Identify and evaluate risk associated with discretionary trading strategies, Collaborate with Quantitative Researcher and Traders on the strategies analysis, Ensure the strategies are run within the risk allocation defined by the Investment Committee, Analyze risk at the portfolio level and performance drivers, Help with trade portfolio construction across the discretionary business, Drive the build out of risk framework by improving the firm's processes and infrastructure for management of the discretionary business.

Qualifications

• Education: Bachelor’s degree in a quantitative or related field (includes degrees in Mathematics, Statistics, Econometrics, Financial Engineering, Operations Research, Computer Science and Physics); advanced degree .
• Years Experience: (guidelines) From graduate level up to 3 years of commercial experience
• Required Skillset:
  • Demonstrated interest in Risk Management
  • Demonstrated interest in a quantitative approach
  • Capacity to collaborate with the trading, analysts and quants team,
  • Strong communication skills with the ability to collaborate with teammates globally,
  • Strong sense of urgency with the ability to work well in a fast-paced environment.