Risk Analyst (Front Office) – Hedge Fund – $200-250k TC – Varied progression

Mondrian Alpha; New York (NY); On-site; USD 200,000 - 250,000; Full time

Job summary

Mondrian Alpha, a leading global hedge fund in New York, is seeking a risk analyst to join its dynamic team. This role will involve working closely with traders, focusing on risk management and assisting in decision-making. The position is analytical and technical, requiring proficiency in programming languages such as Python, SQL, and R.

The ideal candidate will have a strong academic background, preferably in maths, science, or engineering, with 1-4 years of relevant experience in an investment bank or hedge fund. Compensation is expected to be competitive, with year-one total compensation in the range of $200-250k.

Qualifications

• 1-4 years experience in IB/hedge fund/prop trading support.
• Strong technical and quantitative project experience.
• Experienced coding skills are preferred.

Responsibilities

• Manage core risk responsibilities focused on traders.
• Support analytical challenges across multi-asset books.
• Generate ideas and assist in decision making within teams.

Skills

Strong analytical skills

Proficiency in Python

Proficiency in SQL

Proficiency in R

Maths/Science/Engineering focus

Education

Outstanding academics (high GPA)

Job description

A leading, global hedge fund, are looking to hire an additional risk analyst for its New York (Manhattan) office.

At this high performing fund, risk is part of front office, sat with the traders, working markets focused / street facing remits. In addition to core risk management responsibilities, the risk team play an important role in idea generation & decision making. As the risk team support highly complex, high volume multi-asset books, the work is analytical, technical (Python, SQL and R are used to a strong standard) and challenging.

Global risk team members have previously moved internally into strategy specific risk manager roles, assistant portfolio manager positions, the trading and quant teams ( the business promote movement between international offices). Typically, 2-3yrs of strong performance will guarantee that there will be a variety of progression options available to the individual.

Candidates must have outstanding academics (ideally high GPA’s, maths/science/engineering focused). Candidates should have 1-4yrs experience in an IB / hedge fund / prop trading support role that is very technical / quantitative — risk backgrounds are preferred, however it is possible for this to be an individual’s first move into a portfolio risk position. Existing coding skills are preferred.

The role is budgeted to pay a $200-250k year-one TC depending on level of experience and individual performance. That said, established risk professionals in the firm typically earn a multiple of this range.