Equity Long/Short Risk Analyst

Verition; New York (NY); On-site; USD 150,000 - 200,000; Full time

Job summary

Verition Fund Management LLC is hiring an Equity Long/Short Risk Analyst in New York to monitor portfolio exposures, run stress tests, and track risk metrics. The role supports oversight with the Risk Manager and collaborates with PMs on daily risk questions.

The candidate should have 4–5 years in risk management in equities, buyside experience preferred, and strong Python/SQL skills with familiarity in Barra models and AI tools. Strong communication is essential.

Qualifications

• 4–5 years of risk management experience in the financial sector with a focus on equity markets.
• Buyside experience preferred.
• Proficiency in Python and SQL; familiarity with AI tools.
• Familiarity with risk models and market conventions (e.g., Barra factor models).

Responsibilities

• Monitor portfolio exposures, run stress tests and track risk metrics.
• Support position and portfolio oversight alongside the Equity Long/Short Risk Manager.
• Produce regular and ad hoc risk reports for senior management and committees.
• Assist model validation and enhancements with the Equity Portfolio Researcher and Central team.
• Help ensure adherence to risk limits and internal policies.

Skills

Python

SQL

Risk management

Communication

Hands-on approach

Tools

AI tools

Barra models

Job description

Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatility & Capital Structure Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets Trading, and Global Quantitative Trading.

Job Title: Equity Long/Short Risk Analyst

Location: New York, NY

Key Responsibilities

• Strategy coverage: Equity Long/Short.
• Monitor portfolio exposures, run stress test scenarios, and track risk metrics.
• Support position and portfolio oversight — concentration, leverage, liquidity, correlation — alongside the Equity Long/Short Risk Manager.
• Build working relationships with portfolio managers on day-to-day risk questions.
• Produce regular and ad hoc risk reports for senior management, the investment committee, and other stakeholders.
• Support model validation and enhancement work in partnership with the Equity Portfolio Researcher and Central team.
• Help ensure adherence to risk limits and internal policies.

Requirements

• 4–5 years of relevant risk management experience in the financial sector with a focus on equity markets.
• Buyside experience preferred.
• Proficiency in Python and SQL; familiarity with AI tools.
• Familiarity with risk models and market conventions (e.g., Barra factor models).
• Strong communication skills, with the ability to build rapport with portfolio managers and articulate risk concepts clearly.
• Hands-on, roll-up-sleeves mindset.

Salary Range: $150,000 USD - $200,000 USD