A large, New York based hedge fund are looking to expand their London operation and require a cross asset market risk manager to drive the team forward. recruitment

A large, New York based hedge fund are looking to expand their London operation and require a cross asset market risk manager to drive the team forward.

Having performed extremely well over the past twelve months the fund has identified an additional market risk manager as a key component in the success of their London operation. Sitting alongside the portfolio managers you will have a direct impact on the day to day activities of the firm from day one.

They have portfolios in a number of asset classes and are not discriminating against experience in a specific market. Cross asset knowledge would, however, be desirable. They are also being flexible with the seniority of the potential candidate. This fund is well known for career growth and they are keen to attract talented, driven and knowledgeable individuals who have the potential to grow in the role, regardless of level of experience.

Responsibilities will include;

• Good knowledge on market risk management concepts, methodologies and frameworks acquired through a role/s in product control, market risk or related areas

• Implement change on process to ensure maintained high performance

• Knowledge in Specific Risk VaR and Incremental Risk Charge

• Develop risk strategy and increase the synergy between risk and trading

• Experience in developing historical and scenario stress tests

• Perform VaR backtesting and documentation

• Assess market risk and issuer limits

To be successful in this role you will more than likely have the following skills:

• Detailed understanding of VaR

• Masters Degree holder. MFE, CFA or FRM would be advantageous

• Proficiency in Microsoft Excel and VBA

• Comfortable leading a team and assisting in developing junior members

• Excellent communication skills.

Please send all applications to risk@alexanderblackrecruitment.co.uk