Equity Risk Associate recruitment

Specific responsibilities will include:

• Analyze, assess and report the equity market risk at both the individual portfolio manager level and overall firm level.

• Evaluate and propose risk reducing and alpha preserving hedges on an individual portfolio manager and overall firm basis using quantitative tools such as optimization, simulation and risk sensitivity studies.

• Develop new approaches and tools including prototypes and, to the extent necessary, take an active role in the development and implementation of these tools.

• Work with quantitative team and developers to design and implement risk management methodologies and techniques.

• Produce performance measurement and other quantitative assessments of risk/reward on both the individual portfolio manager and overall firm basis.

• Produce, validate and distribute daily risk reports and other periodic risk reports (weekly, monthly, quarterly and annually).

• Perform ad hoc and other special studies and communicate results, as required.

• Communicate clearly and concisely to senior management and the portfolio managers.

THE CANDIDATE:

Our ideal candidate will have an advanced degree in a quantitative discipline with 3 to 4 years experience within an equity trading or risk management function. 

The individual will have either taken or managed equity market risk. The successful candidate will have a thorough understanding of a range of financial products across equity markets.  The individual will have a strong familiarity with the technology associated with risk monitoring and reporting. The candidate should possess outstanding quantitative skills with expert-level knowledge, skills and experience in the following technical areas:

• Multivariate statistical techniques (Time Series Analysis ; Data Mining ; Constrained Optimization)

• Computer modeling languages and tools (Matlab or SAS ; VBA ;  SQL );

• Risk measurement methodologies and techniques (Equity Factor Models, stress test and performance analysis)

Experience with Factor Models such as Barra, Northfield or APT is a plus.