We are helping a Hedge Fund hire a Risk Officer in London, to oversee risk for our Long/Short equity and macro business. Your remit will include management of investment risk, counterparty risk, risk infrastructure, technology enablement, risk reporting and risk governance.
Responsibilities:
Investment Risk
* Definition, calibration and maintenance of fund & SMA risk limits
* Intraday monitoring of trading/PnL/risk exposure
* Daily review and remediation of Partner fund and SMA breaches
* Manage risk breaches and communicate with Partners to manage execution of remediation activities.
Counterparty Risk
* Build and maintain counterparty risk infrastructure for all funds with Technology & Operations teams
* Build and monitor basic reports and undertake daily reviews.
* Monitor PB margins, unencumbered cash and other PB exposures and assist operations in managing margin calls
Risk Infrastructure/Analytics
* Continued development of risk analytics infrastructure, including:
* Historical VaR and scenarios
* Factor risk analytics/ axioma models
* Liquidity analysis
Risk Reporting
* Build and maintain periodic and ad hoc fund / PM / SMAs risk reports
* Build and maintain Investment/Risk Committee dashboards and risk reports for senior management
* Assist Compliance and Investor Relations as required with regulatory reporting, risk/performance/exposure queries, and any other data request required to support marketing activities and compliance reporting obligations.
Requirements:
* Significant experience (7 years+) managing risk within a fast-paced financial services business
* Excellent knowledge of financial markets with deep understanding of a broad set of asset classes including equities and derivatives, as well as credit and fixed income/rates
* Experience developing and implementing portfolio and position level hedging solutions
* Experience driving the development of firm wide risk policies and risk management frameworks
* Deep understanding and experience with Axioma / Barra equity factor models
* Quantitative/highly numerate background
* Strong communication skills
* Strong Python skills, experience with AI tools (Claude Code a plus)