Risk Engineer

Capstoneinvestmentadvisors; Greater London; On-site; GBP 90,000 - 150,000; Full time

Benefits offered by this job

Training and development opportunities

Wellness resources

Time-off, retirement and commuter

Gym reimbursement and discounts

Job summary

Capstone Investment Advisors in London seeks a Risk Engineer at Associate or Vice President level to design and build investment-facing risk and decision-support tools. You will work close to code, data and users, spanning risk analytics, derivatives and capital allocation across multiple asset classes.

You will collaborate with Risk Managers, Portfolio Managers, Quant Research and wider Technology teams to deliver scalable risk solutions and robust production systems with strong testing and

Qualifications

• 3–8 years of relevant experience in software engineering, quantitative development or risk technology within hedge funds, asset managers, investment banks or equivalent capital‑markets environments.
• Experience building and supporting production software, ideally within risk, pricing, trading or other front‑office applications.
• Strong technical fundamentals and ability to translate complex problems into robust software solutions.

Responsibilities

• Build production-grade components of Capstone's Risk Technology platform with focus on performance and reliability.
• Develop cross-asset risk capabilities spanning Greeks, stress scenarios and VaR.
• Collaborate with Portfolio Managers, Risk Managers and Quant Research to translate investment problems into technical solutions.
• Build APIs, data pipelines and interactive tools to show what changed and what action to consider at trade and fund level.
• Translate pricing and risk methodologies into robust production implementations with proper controls.
• Contribute to the Risk Intelligence strategy by turning analytics into actionable insight.
• Develop resilient risk services, integrating data and analytics with testing and data quality controls.
• Collaborate across Technology, Data and AI teams, contributing to design reviews and standards.

Skills

Python

Java

SQL

APIs

Data pipelines

Distributed systems

Risk analytics

Derivatives

Portfolio risk

Communication

Ownership

Tools

Cloud infrastructure

Containers

CI/CD

Streaming

Observability

Job description

We see the world differently at Capstone Investment Advisors. You will, too.

Capstone Investment Advisors, LLC ("Capstone") is a global asset manager, dedicated to exploring alpha opportunities in derivatives and complementary strategies that persist across market cycles. With approximately $12.5 billion of AUM (as of May 1, 2026) and 306 employees, Capstone is headquartered in New York with offices in London, Amsterdam, Stamford, Los Angeles, Boston, Tokyo, Milan, Texas, and Maryland. Since 2004, through strategic insight, market-leading expertise, and advanced technology, we have sought to anticipate and harness the complexities of world markets, creating unique opportunities for our clients, team, and industry.

With our sophisticated, global client base, we recognize that our success is deeply connected to real people. For that reason, we take a human approach to everything we do, focusing largely on collaborative performance. Our workflow and process are built around the belief that by sharing ideas, we achieve greater outcomes. This gives you greater access to resources, direct exposure to senior leadership, and new opportunities to experiment and innovate.

The Team:

Capstone is looking to appoint a Risk Engineer at Associate or Vice President level within Risk Technology. This is a hands-on role combining software engineering, risk and financial markets, with direct exposure to the investment process. You will design and build investment-facing risk and decision-support capabilities, remaining close to the code, data and users from initial problem through to production.

This is an opportunity to build the technology behind Capstone's Risk Intelligence strategy - turning complex risk and portfolio data into timely, actionable intelligence. You will develop tools that help Portfolio Managers and Risk Managers understand what changed, what drove it and what action to consider across stress scenarios, risk factors, margin, liquidity and portfolio analytics. The work will directly support sizing, trade expression, hedging, portfolio construction and capital allocation - helping drive better decisions, more efficient capital and more repeatable alpha.

You will work closely with Risk Managers, Portfolio Managers, Quant Research and the wider Technology, Data and AI teams. The role offers broad exposure across strategies and asset classes, with the opportunity to take ownership of meaningful components of the Risk Technology platform and develop deep expertise across software engineering, derivatives and risk analytics.

Responsibilities and Impact:

• Build and enhance production-grade components of Capstone's Risk Technology platform, with a focus on performance, reliability, scalability and usability.


• Develop cross-asset risk capabilities spanning Greeks and sensitivities, stress scenarios, VaR, P&L vectors and attribution, limits, factor analytics, margin and exposure aggregation.


• Work directly with Portfolio Managers, Risk Managers and Quant Research to understand investment and risk problems and translate them into effective technical solutions.


• Build APIs, data pipelines and interactive decision tools that help users understand what changed, what drove it and what action to consider at trade, POD, strategy and fund level.


• Translate pricing and risk methodologies into robust production implementations, with appropriate treatment of model assumptions, calibration, validation and controls.


• Contribute to Capstone's Risk Intelligence strategy by building tools that turn research, risk analytics and AI into practical investment insight.


• Develop and support resilient risk services, integrating positions, market and reference data and internal or third-\-party analytics, with strong testing, monitoring and data quality controls.


• Collaborate with engineers across Technology, Data and AI, contributing to design reviews, code reviews, engineering standards and the ongoing development of the Risk Technology platform.

Our future colleague has these skills:

• 3–8 years of relevant experience in software engineering, quantitative development or risk technology within a hedge fund, asset manager, investment bank or comparable capital‑markets environment.


• Experience building and supporting production software, ideally within risk, pricing, trading or other front‑office applications.


• Strong Python / Java and SQL skills, together with experience in another object-oriented language; familiarity with APIs, databases, data pipelines and distributed systems.


• Good understanding of derivatives and risk analytics, including some combination of option pricing, Greeks, scenario analysis, stress testing or VaR.


• Strong analytical and problem‑solving skills, with the ability to investigate issues across data, models and implementation and work through problems systematicallySound software‑engineering fundamentals, including testing, maintainability, performance and production support.


• Strong communication and collaboration skills, with an ability to work effectively with engineers, quantitative researchers, Risk Managers and investment professionals.


• A curious, motivated approach, with the willingness to take ownership, learn quickly and develop deeper expertise across both technology and financial markets.

Bonus skills:

• Experience working with derivatives, pricing, risk or trading systems in a front‑office or market‑risk environment.


• Product or risk knowledge in one or more asset classes, with an interest in developing broader cross‑asset expertise.


• Experience with modern engineering and data technologies including cloud infrastructure, containers, CI/CD, streaming or observability.


• Exposure to machine learning, large language models, agentic tools or AI‑assisted software development.


• Experience building dashboards, analytics or other investment-facing tools.

Benefits & Compensation Information:

Our team is our most important asset and investment. We value and respect our colleagues and their well-being inside and outside the workplace and our culture reflects this. We offer a robust and competitive benefits program to ensure the well-being of our colleagues.

Some benefits included in this role are:

• Training and development opportunities


• Robust Wellness Resources: Physical, Mental and Financial


• Time-Off, Retirement and Commuter Benefits


• Gym Reimbursement and other Discounts

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case‑by‑case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

In addition to base compensation, this role is eligible for an annual incentive plan.

Capstone's Commitment

At Capstone, we value a diverse, equitable, and inclusive workplace where all employees feel appreciated and respected. Our commitment to a nondiscriminatory approach extends equal opportunities for employment and advancement across our programs, departments, and locations. We actively seek and appreciate a variety of life experiences and heritages and advocate for the amplification of all voices.

At Capstone, we're all about creating a workplace where you can thrive and make a real impact. We value innovation, teamwork, trust, and discipline, and we know you do too.

Experimentation: We love fresh ideas and encourage you to try new things. Here, you'll have the freedom to innovate and help shape our strategies.

Collaboration: We're big on teamwork. You'll join a supportive community where everyone's input matters, and we learn from each other every day.

Trust: We believe in building strong, honest relationships. You'll be part of an environment where your contributions are respected and integrity is key.

Discipline: In our fast-paced world, staying focused is crucial. We commit to high standards and a disciplined approach, helping you grow both personally and professionally.

Be part of a team that values your creativity and dedication. Together, let's push boundaries and achieve great things.

Equal Opportunity EmployerCapstone is committed to creating an inclusive environment where we welcome people of different backgrounds. Capstone considers applications for employment without regard to all applicable protected characteristics, including race, color, religion, ethnicity, national origin, gender, sexual orientation, gender identity or expression, age, parental status, veteran status, or disability status.