Market Risk Officer Associate

Wilshire Advisors LLC; New York (NY); Hybrid; USD 90,000 - 120,000; Full time

Job summary

An established industry player is seeking a Risk Officer Associate to enhance their risk management capabilities. This role involves analyzing market risks associated with hedge fund investments and developing strategies to mitigate those risks. Candidates should possess strong analytical skills, a solid understanding of financial markets, and proficiency in programming languages like Python and SQL. Join a collaborative team that values professional growth and offers a comprehensive benefits package, including generous PTO and 401(k) matching. If you're ready to make a significant impact in the financial sector, this opportunity is for you.

Benefits

Generous PTO

401(k) match

Comprehensive medical/dental/vision insurance

CFA and other professional membership reimbursement

Qualifications

• 1-3 years of experience in market risk management, preferably within a hedge fund environment.
• Strong programming background in Python, Microsoft Excel (VBA), and SQL.

Responsibilities

• Identify, analyze, and mitigate market risks associated with hedge fund investments.
• Develop and implement risk management strategies and models.

Skills

Analytical Skills

Financial Modeling

Data Analysis

Problem-solving Skills

Programming in Python

Microsoft Excel (VBA)

SQL

Communication Skills

Teamwork Skills

Education

Master’s degree in Finance

Master’s degree in Economics

Master’s degree in Mathematics

Job description

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, derivatives, and hedge fund strategies
• Strong analytical skills and proficiency in financial modeling 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 [e-mail] or 310-584-6011.

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