Hedge Fund Risk Principal - Quant Analyst (Hybrid Chicago)

Connect Search, LLC; Chicago (IL); Hybrid; USD 175,000 - 215,000; Full time

Benefits offered by this job

Full benefits

Job summary

Connect Search, LLC is seeking a seasoned Investments Risk professional to build and refine risk models for hedge fund investments and to present findings to the Investment Committee and clients. The role emphasizes turning complex analytics into clear conclusions and actionable insights.

You will work with large datasets in Python, SQL, and data lake environments, and collaborate with portfolio managers on risk-aware investment decisions in a hybrid Chicago setting.

Qualifications

• Bachelor's or Master's in a quant field or equal technical experience
• 3–7 years in investment analysis, risk management or asset allocation
• Strong Python skills and hands-on work with large datasets
• Clear writer and speaker who turns technical work into plain conclusions
• Strong PowerPoint skills, comfortable presenting to senior leaders
• High ownership and ability to work without a step-by-step brief

Responsibilities

• Build and maintain risk models for hedge fund investments: factor and alpha breakdown, stress tests, scenario analysis
• Work in Python with large structured datasets (SQL, data lake), using AI tools where they help
• Support manager evaluation and portfolio construction with clear risk analysis
• Track risk exposures, factor trends and market conditions across hedge fund strategies
• Partner with portfolio managers and the Investment Committee on portfolio risk
• Build polished risk and performance reports for internal leaders and investor requests
• Chance to meet investors directly as you grow in the seat

Skills

Python

SQL

Data analysis

Communication

Presentation

Ownership

Education

Bachelor's or Master's in a quant field

Tools

PowerPoint

Job description

Connect Search, LLC is seeking a seasoned Investments Risk professional to build and refine risk models for hedge fund investments and to present findings to the Investment Committee and clients. The role emphasizes turning complex analytics into clear conclusions and actionable insights.

You will work with large datasets in Python, SQL, and data lake environments, and collaborate with portfolio managers on risk-aware investment decisions in a hybrid Chicago setting.