Market Risk Officer Associate

Wilshire Digital Asset Advisory Group; New York (NY); On-site; USD 90,000 - 120,000; Full time

Job summary

An established industry player is seeking a Risk Officer Associate to join their dynamic team in New York. This role is pivotal in monitoring and managing alternative investment strategies, requiring a strong analytical mindset and a solid understanding of financial markets. Candidates will engage in quantitative research and risk management, ensuring compliance with regulatory requirements while collaborating with internal teams. With a hybrid work model and a comprehensive benefits package, this position offers a unique opportunity to contribute to impactful investment strategies and enhance financial outcomes for clients.

Benefits

Generous PTO

401(k) Match

Comprehensive Medical/Dental/Vision Insurance

CFA Membership Reimbursement

Qualifications

• 1-3 years of experience in market risk management, preferably within a hedge fund environment.
• Strong analytical skills and proficiency in pricing modeling of financial instruments.

Responsibilities

• Identify and mitigate market risks associated with hedge fund investments.
• Conduct stress testing and scenario analysis to evaluate potential impacts on the portfolio.

Skills

Financial Markets Knowledge

Risk Management Strategies

Data Analysis

Python Programming

SQL

Microsoft Excel (VBA)

Problem-Solving Skills

Communication Skills

Education

Master's Degree in Finance

Master's Degree in Economics

Master's Degree in Mathematics

Job description

• Department: Operations and Risk Management

Company Description

As part of the Wilshire family, you can rest assured that every day you are contributing to an organization that is helping investors improve their financial outcomes. For more than 50 years, Wilshire has been dedicated to providing customized portfolio solutions grounded in research and powered by next generation technologies.

Wilshire advises on over $1 trillion in assets for some of the world’s largest and most sophisticated institutional investors and is headquartered in the United States with offices worldwide.

Job Description

Wilshire seeks a Risk Officer Associate to help monitor and manage alternative investment strategies and associated risk information. The role involves analyzing data, generating and reviewing reports, and quantitative strategy research and due diligence. This position requires some knowledge of investment, financial, economic and industry topics. We are looking for self-motivated candidates with strong quantitative academic backgrounds and professional drive.

What you’ll do:

• Identify, analyze, and mitigate market risks associated with hedge fund investments
• Develop and implement risk management strategies and models
• Conduct stress testing and scenario analysis to evaluate potential impacts on the portfolio
• Develop and maintain processes to monitor risk data and generate risk management reports
• Ensure compliance with regulatory requirements and internal risk policies
• Support quantitative research in asset allocation and stock selection
• Support all areas of risk management
• Collaborate with internal teams and external vendors

Qualifications

What you have:

• Deep understanding of financial markets and hedge fund strategies
• Strong knowledge of financial instruments and more specifically derivatives (Futures/Forwards, Swaps, Options, etc.) and their sensitivities
• Strong analytical skills and proficiency in pricing modeling of financial instruments and data analysis
• Ability to interpret complex data and provide strategic recommendations
• Strong problem-solving skills and attention to details
• Strong Programming background in Python, Microsoft Excel (VBA) and SQL
• Excellent communication and teamwork skills
• Master’s degree in finance, Economics, Mathematics, or a related field
• 1-3 years of experience in market risk management, preferably within a hedge fund environment
• Ability to work beyond regular business hours, to monitor market conditions and respond to urgent situations
• Availability for occasional weekend work might be required, particularly during critical periods such as new fund launches, financial reporting deadlines or market volatility events

Additional Information

• This position will work on a hybrid model out of our New York office
• We offer a comprehensive benefits package including a collaborative work environment, generous PTO, 401(k) match, affordable & comprehensive medical/dental/vision insurance, CFA and other professional membership reimbursement, and more.

The pay range for this position is $90,000-120,000. However, base pay will be determined on an individual basis considering various factors, including location, qualifications, skills, and experience. The total compensation package includes eligibility for an annual discretionary bonus and a full range of health and financial benefit offerings, which will be provided in conjunction with an offer of employment.

Visit www.wilshire.com for additional company information.

Wilshire is an SEC registered investment adviser and required to track certain political contributions under Rule 206(4)-5. As such, you may be required to disclose your prior political contributions.

We are an equal opportunity employer, which means we afford equal employment opportunity to all individuals regardless of race/ethnicity, creed, color, religion, sex (including gender and gender identity), national origin, ancestry, age, marital status, veteran status, citizenship status, disability, medical condition (as defined by California Government Code section 12926), or sexual orientation. Our employees, as well as applicants and others with whom we do business, will not be subjected to sexual, racial, religious, ethnic, or any other form of unlawful harassment. In addition, Wilshire adheres to the equal employment opportunity requirements of all states and localities in which it does business. We are completely committed to these principles not only because of the various laws which address these subjects, but because it is the right thing to do for our employees and clients to thrive.

If you have a disability, and require reasonable accommodations in the application process, contact Human Resources at [emailprotected] or 310-584-6011.