Risk Officer

We are helping a Hedge Fund hire a Risk Officer in London, to oversee risk for our Long/Short equity and macro business. Your remit will include management of investment risk, counterparty risk, risk infrastructure, technology enablement, risk reporting and risk governance.

Responsibilities:

Investment Risk

• Definition, calibration and maintenance of fund & SMA risk limits
• Intraday monitoring of trading/PnL/risk exposure
• Daily review and remediation of Partner fund and SMA breaches
• Manage risk breaches and communicate with Partners to manage execution of remediation activities.

Counterparty Risk

• Build and maintain counterparty risk infrastructure for all funds with Technology & Operations teams
• Build and monitor basic reports and undertake daily reviews.
• Monitor PB margins, unencumbered cash and other PB exposures and assist operations in managing margin calls

Risk Infrastructure/Analytics

• Continued development of risk analytics infrastructure, including:
• Historical VaR and scenarios
• Factor risk analytics/ axioma models
• Liquidity analysis

Risk Reporting

• Build and maintain periodic and ad hoc fund / PM / SMAs risk reports
• Build and maintain Investment/Risk Committee dashboards and risk reports for senior management
• Assist Compliance and Investor Relations as required with regulatory reporting, risk/performance/exposure queries, and any other data request required to support marketing activities and compliance reporting obligations.

Requirements:

• Significant experience (7 years+) managing risk within a fast-paced financial services business
• Excellent knowledge of financial markets with deep understanding of a broad set of asset classes including equities and derivatives, as well as credit and fixed income/rates
• Experience developing and implementing portfolio and position level hedging solutions
• Experience driving the development of firm wide risk policies and risk management frameworks
• Deep understanding and experience with Axioma / Barra equity factor models
• Quantitative/highly numerate background
• Strong communication skills
• Strong Python skills, experience with AI tools (Claude Code a plus)

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