What are the responsibilities and job description for the Market Risk Analyst position at Angove Partners?
About Us:
The client I am working with is a hedge fund based in New York. The team is composed of highly skilled professionals dedicated to risk management, portfolio optimization, and maximizing returns for our investors. We are seeking a seasoned Risk Analyst to join our risk management team and play a pivotal role in monitoring and mitigating financial risks across our portfolios.
Position Summary:
We are looking for an experienced Risk Analyst with a strong background in hedge fund risk management. The ideal candidate will have a deep understanding of market, credit, and liquidity risk, as well as expertise in quantitative risk modelling. The Risk Analyst will collaborate closely with portfolio managers, traders, and quantitative researchers to ensure the firm’s risk exposure aligns with its strategic objectives.
Key Responsibilities:
- Develop, implement, and maintain risk models to monitor portfolio exposures and potential vulnerabilities.
- Conduct stress testing, scenario analysis, and value-at-risk (VaR) assessments to evaluate potential downside risks.
- Monitor market trends and macroeconomic factors that could impact portfolio performance.
- Collaborate with portfolio managers to optimize risk-adjusted returns and ensure compliance with risk limits.
- Enhance risk reporting frameworks, including dashboards and real-time analytics.
- Work with technology teams to improve risk management tools and infrastructure.
- Stay updated with regulatory requirements and ensure compliance with industry best practices.
Qualifications & Experience:
- You must have 3-5 years’ experience in risk at a hedge fund.
- Strong understanding of risk analytics, quantitative modelling, and portfolio risk assessment.
- Proficiency in programming languages such as Python, R, or SQL for risk analysis and modelling.
- Experience with risk management tools such as Bloomberg, MSCI RiskMetrics, Axioma, or similar.
- Familiarity with derivatives, fixed income, equities, and alternative investments.
- Strong analytical and problem-solving skills, with attention to detail.
- Excellent communication and interpersonal skills, with the ability to convey complex risk concepts to non-technical stakeholders.
- Bachelor’s or master’s degree in finance, Economics, Mathematics, or a related field; CFA/FRM designation is a plus.
