What are the responsibilities and job description for the Operational Risk Analyst position at Cobalt Recruitment?
A Global Hedge Fund based in New York City is looking to add an Operational Risk Analyst. The Analyst will analyze complex data sets to assess portfolio performance and Risk. The ideal Operational Risk Analyst will have substantial experience in Python and an advanced degree in Mathematics or Statistics.
Responsibilities
Developing new tools and automation, performing data analysis tasks, leading root-cause investigations, creating insightful reports, and writing clear and helpful documentation.
- Develop a deep understanding of the firm's systematic modeling and trading platforms and the global markets in which they operate.
- Monitor daily trading strategy behavior and proactively identify issues that may present risks to investors and portfolios.
- Support the Risk Support Rotation team, which escalates real-time issues to firm traders, portfolio managers, and engineering and modeling partners.
- Develop and maintain alerts, tools, and automated reporting for the Risk department and its partners.
- Build tools for quantitative strategy analysis and use these tools to prepare, review, and present reporting on systematic strategy behavior and Risk
- Improve businesses by regularly collaborating on initiatives with other functional teams, including modelers, portfolio managers, traders, and investor-facing teams.
- Document, perform, and improve operational Risk through automation
Qualifications
- Minimum 2 years of experience required; preferred 4 years of experience in an analytical role
- BA/BS in computer science, applied mathematics, or another technical discipline.
- Experience using programming to solvecomplexd problems, preferably using Python
- Strong data analysis skills, preferably in Pandas
- Experienced in SQL, Tableau, or Hadoop
- Knowledge of Risk Management and Financial Markets.
- Strong Communicator, preferably with experience in documentation and process design
- Demonstrated ability to think and work independently and with diverse partner teams, comfortable with regular context switching, managing open project scopes and open questions
Salary : $175,000 - $250,000
