Senior Risk Manager – Investment Management
About the Firm
Our client is a London-based investment firm with a strong track record of delivering risk-adjusted returns across global markets. The firm are currently seeking a Senior Risk Manager to cover the rates trading business, including directional, relative value, and macro strategies.
Role Overview
The Senior Risk Manager will play a key role in the oversight and management of market risk related to the firm’s global Rates business. This individual will partner closely with portfolio managers, traders, and senior leadership to provide high-quality risk analysis, stress testing, scenario modelling, and limit setting. The ideal candidate will have deep knowledge of fixed income markets, including interest rate derivatives, sovereign bonds, and cross-currency instruments.
Key Responsibilities
* Provide independent oversight of market risk across Rates strategies, including macro, RV, and volatility-based trades.
* Analyze portfolio exposures across curves, duration, convexity, volatility, and cross-asset factors.
* Develop and interpret stress tests, historical/event-driven scenarios, and customized risk analytics.
* Collaborate with portfolio managers to understand trade rationales and risk-reward dynamics.
* Work with quantitative teams to enhance risk models, tools, and infrastructure.
* Contribute to firm-wide risk reviews, liquidity assessments, and capital allocation discussions.
* Present risk insights to senior management and risk committees in a concise and actionable manner.
Key Requirements
* 8 + years of experience in market risk, trading, or portfolio management with a focus on Rates.
* Deep understanding of interest rate products (swaps, futures, options, bonds, cross-currency swaps).
* Experience with macroeconomic and central bank policy impacts on rates markets.
* Proficiency in Excel and at least one programming language (Python preferred); familiarity with Bloomberg, Yield Book, or other risk systems.
* Strong communication skills and ability to influence across senior stakeholders.
* Highly analytical mindset with commercial acumen and attention to detail.
* Experience working in an investment bank, hedge fund, proprietary trading desk, or similar environment preferred.
* Advanced degree in a quantitative or finance-related field (e.g., Mathematics, Engineering, Economics, Financial Engineering) preferred.
For more details, please contact Jon Pettet at jon.pettet@blackswangroup.com