FID, Quantitative Strategies Risk Strategist, VP, New York recruitment

This includes, but is not limited to:
? Analysis of positions and trades
? Taking in account the host of new capital measures and understanding their impact across existing and proposed trading strategies
? Identification of potential-loss scenarios
? Specification of loss-mitigating or profit enhancing strategies and hedges,
? PL analysis and diagnostics
? New product and business risk analysis
? Establishment of meaningful risk and reward metrics for evaluating capital allocation and setting risk limits.

The Risk Strategist will develop methodologies, analytics and technology, leveraging off of existing firm risk infrastructure and working in partnership with Trading, Core Quant Strategies, technology and strategic risk management groups.

Roles and Responsibilities

Develop tools and analytics to assist in hedging, pricing, and the optimization of risk capital, including:

? Development of new ways to measure, interpret, and manage risk; supporting the business understanding of risks outside the normal business as usual framework
? Develop tools and techniques to fully understand key drivers and indicators of risk; Links between Market behaviour, Positions, PnL
? Help optimize the allocation of risk budgets and limit allocations, including RWA, capital, balance sheet and VaR
? Develop analytics to assist in the setting of model parameters which are not market observables
? Challenge preconceptions about how risk should be measured, hedged or priced
? Assist Sr. Quant Trading management in analyzing and managing risk mitigation strategies

Improve our “defensive” risk management, monitor the various sources of risk, help create and monitor risk limits, including:

? Help to develop appropriate tools and reports to manage the risks on the desk, including market risk overviews and detailed market risk exposures
? Be familiar with the details of the group’s positions and spot inconsistencies in trading and risk.
? Ensure that all the relevant (market) risks are captured and represented accurately in our risk systems.
? Track PL attribution and risk changes and investigate inconsistencies
? Understand and monitor sources of model risk throughout the business
? Monitor event/scenario risk
? Assist with complex trade reviews

Requirements

? Two to four years of quantitative risk analysis experience
? Trading desk experience in the credit markets
? Master’s degree in a quantitative discipline (Mathematics, Engineering, Statistics, Physics etc.)
? Need to be comfortable doing some tactical software development to interface with existing technology/modeling infrastructure; C++/.NET experience is a plus.

Desired Skills Experience

Requirements

? Four to six years of quantitative risk analysis experience
? Master’s degree in a quantitative discipline (Mathematics, Statistics, Physics, etc.)