Risk Analyst
Purpose of the role
We are looking for an Investment Risk Analyst with proficient analytical, teamwork and communication skills, to join our Investment Risk team in New York.
The FRM Investment Risk team has three main functions:
• Ensure the timeliness and accuracy of risk data, to internal and external stakeholders
• Conduct Investment Risk due diligence on new hedge fund investments
• Risk manage our clients’ investments; making sure hedge fund managers stay within risk limits, and that FRM keep our client’s informed of their risk profile (which includes being informed on financial markets and new developing risks)
Ultimately – the team is responsible for protecting our client’s capital - through the identification, escalation and management of market risks. The first step in that process is making sure FRM and our clients have good information and analysis on which to base investment decisions – and that is where we would like you to help.
The FRM Investment Risk team has excellent exposure to senior personnel at Man, and to FRM clients – through regular meetings (such as a monthly FRM Risk Committee meeting, regular risk update calls with clients) and ad hoc queries.
The role will report to the Head of Investment Risk Analysis.
In this role, you will:
• Maintain and enhance the quality of risk calculations across FRM systems, ensuring accuracy of information by working with all areas within the business to resolve risk data issues as they arise
• Develop understanding of the administrator’s processes, procedures and controls; monitor and ensure any issues identified are investigated and resolved.
• Monitor and manage investment risks across the platform, e.g. by identifying, investigating and resolving risk limit breaches – collaborating with risk colleagues and hedge fund managers
• Perform bespoke and adhoc risk reports and analysis such as exposure analysis, factor analysis, and custom stress testing
• Report relevant risk data and insights to key stakeholders as and when required
We will be excited to hear from people who have the following attributes:
• Solid academics in a technical field (e.g. economics, maths, engineering, sciences)
• Knowledge of financial instruments and interest in major asset classes and portfolio risk management techniques
• Knowledge of Python (or similar programming skills as Man can train you on Python) and MS Office applications, especially Excel.
• Ability to investigate complex problems with patience and collaboration with internal and external parties and then propose solutions
• Ability to prioritise effectively as you will sometimes have competing demands
• The ability to be succinct and clear when communicating
The following attributes would be a plus:
• Experience in risk data modelling and understanding of MSCI’s/Risk Metrics’ risk framework
• Knowledge and demonstrated experience of Hedge Fund strategies
• Knowledge of Tableau
Base Salary Range: The anticipated base salary range for this position is $80,000-$90,000 + benefits + a discretionary bonus. This is the base salary range that the Company believes it will pay for this position at the time of this posting based on the location and requirements of the position as well as the skills, qualifications, and experience of the applicant. The Firm reserves the right to modify this pay range at any time
