Junior Risk Manager

SQUAREPOINT CAPITAL; City of Westminster; On-site; GBP 60,000 - 90,000; Full time

Job summary

Squarepoint Capital invites a Junior Risk Manager to join our expanding discretionary team in the UK. You will help implement a structured risk management culture and support stable operation through measured processes and controls, working closely with researchers and traders.

The role involves evaluating risk of discretionary strategies, contributing to risk framework development, and assisting with portfolio construction under Investment Committee guidelines.

Qualifications

• Bachelor's degree in a quantitative or related field (incl. Math, Stats, Econometrics, Financial Eng, OR, CS, Physics)
• From graduate level up to 3 years of commercial experience
• Demonstrated interest in Risk Management
• Demonstrated interest in a quantitative approach
• Ability to collaborate with trading, analysts and quants team
• Strong communication skills with the ability to collaborate globally
• Strong sense of urgency in a fast-paced environment

Responsibilities

• Identify and evaluate risk for discretionary trading strategies
• Collaborate with Quantitative Researcher and Traders on strategy analysis
• Ensure strategies run within Investment Committee-defined risk allocation
• Analyze risk at portfolio level and understand performance drivers
• Assist with trade portfolio construction across discretionary business
• Help build out Squarepoint risk framework and processes

Skills

Quantitative degree

Risk management interest

Team collaboration

Strong communication

Adaptability

Education

Bachelor's degree in quantitative field

Job description

We are looking for a Junior Risk Manager to join our expanding discretionary team. This is a unique opportunity to help further develop Squarepoint's discretionary trading business worldwide. As a member of our 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 our researchers and traders while leveraging our world class research platform. If you are looking to begin your career in Risk Management, we encourage you to apply.

Position Overview

Identify and evaluate risk associated with discretionary trading strategiesCollaborate with Quantitative Researcher and Traders on the strategies analysisEnsure the strategies are run within the risk allocation defined by the Investment CommitteeAnalyze risk at the portfolio level and performance driversHelp with trade portfolio construction across the discretionary businessDrive the build out of Squarepoint risk framework by improving the firm's processes and infrastructure for management of the discretionary business

Required Qualifications

• 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 preferred
• From graduate level up to 3 years of commercial experience
• 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

The minimum base salary for this role is $125,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates' compensation and benefits will be determined in consideration of various factors.