Market Risk Manager -Asset Management recruitment
Asset Management firm that employs a unique hybrid model managing part of the capital internally and part through an array of external mangers. very well diversified portfolio investing in both public liquid markets such as fixed income, credit, currencies, commodities, equities as well as illiquid ones such as private equity, natural resources and real estate. The portfolio is diversified not only across asset classes but also across trading strategies.
RESPONSIBILITIES:
• Analyze and understand PL of internal desks and returns of external managers. Develop tools to examine PL through quantitative statistical techniques. Gain insights into PL drivers through in-depth knowledge of markets, instruments, positions and trading strategies and information gained through interactions with internal and external portfolio managers. Compile relevant reports. Write insightful PL commentaries for management. Participate in development of a framework to predict returns of external managers.
• Understand risk, trading positions and strategies; explain them to other members of the group management. Provide in-depth analysis of investment strategies. Stay up-to-date with constantly evolving markets and hedge-fund-like trading strategies. Help develop appropriate risk measures for each strategy. Analyze risk, especially tail risk, on the internal and external platform. Ensure that our stress-tests are adequate as market and trading strategies change. Monitor risk concentrations.
• Develop MATLAB and Excel –based tools to analyze risk and returns
• Stay up-to-date with recent developments in the field of risk management.
• Manage responsibilities pertaining to business continuity preparedness, documentation, Disaster Recovery site visits, etc
QUALIFICATIONS EXPECTATIONS:
• Undergraduate degree in science or engineering
• Either three to five years of experience in a job with exposure to financial markets or a graduate degree related to the job (such as Masters in Finance, Masters in Risk Management, MBA in finance or similar) and one to three years of relevant job experience
• Understanding of and interest in financial markets
• Good written and verbal communication skills
• Light programming skills required