Job Purpose

As the Head of Risk, you will develop a comprehensive risk management framework for the fund and oversee its implementation, ensuring alignment with investment objectives. This role calls for a seasoned investment risk management professional who has served at a senior level within an established multi-asset hedge fund.

In addition to leadership of the Risk Committee, the role requires deep expertise in risk analytics tools, such as MSCI Barra, Axioma or comparable proprietary risk systems. An intricate, nuanced understanding of global markets, asset pricing and cross-asset relationships is essential, along with excellent communication and leadership skills. The role requires an ability to formulate bespoke quantitative frameworks for risk quantification and management that can add value to the fund by being philosophically consistent with our investment principles. This requires an understanding of how the global economy works and qualitative awareness of how economic scenarios can be expected to map to portfolio and strategy risks via causal relationships.

Key Accountabilities

• Establishment of Risk Management Processes: Drawing on experience and knowledge of industry best practices, set up and develop a comprehensive, tailored, risk management process for the Fund. This encompasses various aspects of risk, including quantification, measurement, monitoring, defining appropriate risk limits, and selecting suitable risk management systems.
• Risk Committee Leadership: As the organization\xe2\x80\x99s subject matter expert, chair the risk committee, emphasizing data-driven decision-making rooted in comprehensive risk analysis.
• Portfolio Monitoring: Continuously evaluate the fund\'s portfolio, proactively flagging anomalies and devising risk mitigation strategies when required.
• Risk Communication: Communicate risk analyses clearly and effectively to senior stakeholders, thus aiding in informed decision-making. Effectively articulate the Fund\xe2\x80\x99s risk management processes and philosophy to external counterparties when required.
• Technical Risk Reporting: Provide quantitative and qualitative risk metrics to senior portfolio managers and other stakeholders.
• Inter-team Collaboration: Liaise with investment and technology teams for an integrated approach to risk management.
• Risk Management Adaptation: Keep abreast of industry standards and emerging best practices, adapting the fund\'s risk management approaches in response to both external developments and internal requirements.

Qualifications, Experience and Professional Requirements

• Masters or PhD degree in a quantitative subject from an institution recognised globally for its rigorous academic program in that subject.
• 15 or more years of relevant cross-asset investment risk experience in the hedge fund industry and strong track record in portfolio risk assessment, including the creation and implementation of risk models.
• Proven experience in chairing or co-chairing risk committees.
• Deep expertise in risk analytics tools, such as MSCI Barra, Axioma or comparable proprietary risk systems, with a practical understanding of the strengths and weakness of these systems.
• An intricate, nuanced understanding of global markets, asset pricing and cross-asset relationships.
• Excellent communication skills, combined with management experience and a history of collaborating with portfolio managers under various market stress conditions.
• Proven experience in articulating risk management philosophy to institutional clients and/or Fund counterparties.
• Demonstrated ability to design and implement custom quantitative frameworks for risk quantification and management that align with the fund\'s investment principles.
• A solid grasp of macroeconomics, with the ability to translate economic events into custom, multidimensional stress tests through causal relationships.
• Demonstrated expertise in statistical analysis and programming languages like Python, R or MATLAB.

eFinancialcareers