Risk Officer

AAA Global; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading financial services firm is seeking a Risk Officer in London. The successful candidate will oversee investment and counterparty risk management for Long/Short equity and macro businesses. Responsibilities include defining risk limits, building risk infrastructure, and performing daily monitoring. Ideal applicants will have at least 7 years of risk management experience, extensive knowledge of financial markets, and strong Python skills. This role offers an opportunity to work in a fast-paced environment.

Qualifications

• 7+ years of experience managing risk in financial services.
• Deep understanding of equities, derivatives, credit, and fixed income.
• Strong Python skills and familiarity with Axioma/Barra models.

Responsibilities

• Oversee management of investment risk and counterparty risk.
• Define and maintain risk limits for funds.
• Build risk infrastructure and perform daily monitoring.

Skills

Risk management

Financial markets knowledge

Python programming

Quantitative analysis

Job description

We are helping a Hedge Fund hire a Risk Officer in London, to oversee risk for our Long/Short equity and macro business. Your remit will include management of investment risk, counterparty risk, risk infrastructure, technology enablement, risk reporting and risk governance.

Responsibilities

Investment Risk

• Definition, calibration and maintenance of fund & SMA risk limits
• Intraday monitoring of trading/PnL/risk exposure
• Daily review and remediation of Partner fund and SMA breaches
• Manage risk breaches and communicate with Partners to manage execution of remediation activities.

Counterparty Risk

• Build and maintain counterparty risk infrastructure for all funds with Technology & Operations teams
• Build and monitor basic reports and undertake daily reviews.
• Monitor PB margins, unencumbered cash and other PB exposures and assist operations in managing margin calls
• Continued development of risk analytics infrastructure, including:
• Historical VaR and scenarios
• Liquidity analysis
• Build and maintain periodic and ad hoc fund / PM / SMAs risk reports
• Build and maintain Investment/Risk Committee dashboards and risk reports for senior management
• Assist Compliance and Investor Relations as required with regulatory reporting, risk/performance/exposure queries, and any other data request required to support marketing activities and compliance reporting obligations.

Requirements

• Significant experience (7 years+) managing risk within a fast-paced financial services business
• Excellent knowledge of financial markets with deep understanding of a broad set of asset classes including equities and derivatives, as well as credit and fixed income/rates
• Experience developing and implementing portfolio and position level hedging solutions
• Experience driving the development of firm wide risk policies and risk management frameworks
• Deep understanding and experience with Axioma / Barra equity factor models
• Quantitative/highly numerate background
• Strong Python skills, experience with AI tools (Claude Code a plus)