Senior Equity Risk Director: Market-Neutral Hedge Fund

15 MS Investment Mgmt., Inc.; New York (NY); On-site; USD 200,000 - 300,000; Full time

Job summary

Morgan Stanley Investment Management (MSIM) is seeking a Senior Equity Risk Manager to join the Central Trading and Risk Management team of a multi-manager, market-neutral equity hedge fund. You will work with portfolio managers to optimize risk, build quantitative tools, and improve investment workflows.

The role requires deep knowledge of equity risk, portfolio construction, and factor models, with strong Python/SQL skills and the ability to communicate complex concepts to senior stakeholders.

Qualifications

• 8-10 years of relevant professional experience in equity risk management or quantitative investing
• Strong understanding of equity markets and portfolio risk, especially market-neutral, factor-constrained funds
• Proficiency in Python and SQL with experience handling large financial datasets
• Excellent communication skills to explain quantitative concepts to Portfolio Managers and senior investment professionals

Responsibilities

• Work with PMs to identify and manage portfolio risks including factor, industry, concentration, liquidity, and exposure.
• Advise on portfolio construction, sizing, hedging, diversification, and factor management to improve risk-adjusted returns.
• Analyze portfolio performance and attribution across factors, sectors, themes, and positions.

Skills

Portfolio construction

Factor models

Risk decomposition

Position sizing

Hedging

Portfolio constraints

Market impact modeling

Python

SQL

Tools

Python

SQL

Job description

Morgan Stanley Investment Management (MSIM) is seeking a Senior Equity Risk Manager to join the Central Trading and Risk Management team of a multi-manager, market-neutral equity hedge fund. You will work with portfolio managers to optimize risk, build quantitative tools, and improve investment workflows.

The role requires deep knowledge of equity risk, portfolio construction, and factor models, with strong Python/SQL skills and the ability to communicate complex concepts to senior stakeholders.