Job Description
The Role
Senior Market Risk Manager/ Head of Market Risk - Boutique “Global Macro” Hedge Fund (10+ years Hedge Fund or Asset Management experience)
Martis Search is representing a boutique Mayfair-based Hedge Fund to hire a permanent “Senior Market Risk Manager” or “Head of Risk Management.”
This is an exciting opportunity to join a rapidly growing Hedge Fund.
The Hedge Fund is expected to expand significantly in the coming years. This is a senior Hedge Fund Front Office Market Risk role. Our client is open to candidates currently employed as a “Senior Market Risk Manager” or “Head of Risk Management” who aspire to become their “Head of Risk Management” or “Chief Risk Officer.”
Candidates should have at least 10+ years of experience in “Global Macro” (Equity, Fixed Income, and FX) Market Risk, or multi-asset class experience (e.g., Equity Long/Short combined with other strategies or asset classes). Preference is for Hedge Fund experience, but Asset Management backgrounds are also considered.
This is a senior Hedge Fund Market Risk Manager role, without direct staff management. The role involves close collaboration with the Investment team and the CIO. The successful candidate will be the most senior Market Risk Manager in the firm, handling both hands-on and strategic responsibilities.
The ideal candidate will have a strong educational background in a numerate discipline and extensive financial modelling skills. Coding skills in Python, SQL, C++, R, VBA, etc., are desirable for tasks such as building Risk models (VaR, Stress Testing, Factor Exposures), Risk Reporting, Data Analysis, and Data Visualisation.
Key Responsibilities
* Managing market risk for Equity, Fixed Income, and Foreign Exchange Global Macro strategies.
* Playing a critical role in portfolio construction and strategy development, working closely with the CIO and business development teams.
* Conducting in-depth risk analysis on individual trades and overall portfolio exposures.
* Developing and refining stress scenarios, VaR models, and other risk metrics to assess market shocks.
* Communicating risk findings and recommendations clearly to senior stakeholders.
* Monitoring real-time market developments and evaluating their impact on portfolios.
* Investigating P&L drivers and providing detailed performance breakdowns.
* Contributing to research initiatives to improve risk frameworks and tools.
* Enhancing risk measurement, portfolio analytics, controls, and reporting processes.
Qualifications and Requirements
* Degree or Master’s Degree in a relevant field.
* 10+ years of experience in Risk Management within Hedge Funds or Asset Management firms.
* Strong understanding of all parts of the buy-side business.
* Excellent verbal and written communication skills.
* Ability to convey complex ideas succinctly.
* Competitive compensation package with clear long-term progression.
Our client prefers candidates who are in the office more than working remotely due to the high trading volume and complexity of the role, though some flexibility may be offered.
**Please note that our client will not sponsor visas. Applicants must have full UK Right to Work, with no expiring visas such as Youth Mobility, Tier 4, or Spouse Visas.**
Salary
Between £150,000 and £500,000 per annum (total compensation between £300,000 and £1 million), plus pension, healthcare, etc.
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