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- Tasks: Manage risk for portfolios and collaborate with experts to grow the business.
- Company: Join a leading firm in fixed income and macro risk management.
- Benefits: Enjoy competitive pay, remote work options, and a dynamic team environment.
- Why this job: Be part of a collaborative culture that values innovation and impact in finance.
- Qualifications: Deep experience in trading or market risk, strong math background, and Python skills required.
- Other info: Hedge fund experience preferred; global collaboration is key.
The predicted salary is between 54000 - 84000 £ per year.
The Fixed Income & Macro Risk Manager will report to the Co-Head, Fixed Income & Macro Risk Management and work collaboratively with a team of expert risk professionals, quants and portfolio managers to both risk-manage and grow the business.
The Fixed Income & Macro Risk Manager will:
- Calibrate and manage risk guidelines for multiple portfolio teams.
- Have recurring discussions on risk and performance with portfolio managers to understand and analyze their portfolio risk.
- Work with portfolio managers on discrepancies in measured risk or addressing risk that falls outside of policy guidelines.
- Perform detailed trade-level risk analysis for both new and existing positions. Strategies and asset classes include interest rates, foreign exchange equities, credit and some commodities (vanilla and derivative instruments).
- Perform top-down risk assessments of the macro business including accounting for exposures, VaR and stress testing.
- Communicate analysis and recommendations clearly through face-to-face meetings and presentations.
- Present the aggregate risk of the business in a coherent and concise fashion to senior members of the risk and management teams.
- Maintain a detailed view of the current risk environment, risk events and how they could impact positions.
- Perform detailed construction of event risk scenarios.
- Perform detailed assessment of P&L explained, both on an intraday and historical basis.
- Create analyses and reports used by team members and members of portfolio teams.
- Innovative research relating to the firm's risk policy, risk allocation and portfolio guidelines.
To be considered a good fit, you must have:
- Deep experience in trading, sales, quant, structuring or market risk role at either a sell-side or buy-side firm. Hedge fund experience is preferred.
- Strong knowledge of and experience in fixed income derivatives and preferably also equity and FX.
- Significant options experience is a plus.
- Passion about and knowledge of Macro investment strategies.
- Programming ability in Python or computer science background with ability to learn Python.
- Experience working with SQL relational databases.
- Strong academic background with a degree in a math focused discipline.
- Ability to collaborate and work across global offices and teams.
Director, Fixed Income & Macro Risk Manager employer: Balyasny Asset Management LP
Contact Detail:
Balyasny Asset Management LP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Director, Fixed Income & Macro Risk Manager
✨Tip Number 1
Network with professionals in the fixed income and macro risk management field. Attend industry conferences, webinars, or local meetups to connect with experts and learn about potential job openings at firms like us.
✨Tip Number 2
Stay updated on current market trends and risk management strategies. Follow relevant financial news, subscribe to industry publications, and engage in discussions on platforms like LinkedIn to demonstrate your knowledge during interviews.
✨Tip Number 3
Showcase your programming skills, especially in Python, by working on personal projects or contributing to open-source initiatives. This will not only enhance your resume but also give you practical experience to discuss in interviews.
✨Tip Number 4
Prepare for interviews by practising how to clearly communicate complex risk analyses and recommendations. Use examples from your past experiences to illustrate your ability to present information effectively to senior management.
We think you need these skills to ace Director, Fixed Income & Macro Risk Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in trading, sales, quant, or market risk roles. Emphasise your knowledge of fixed income derivatives and macro investment strategies, as well as any programming skills in Python.
Craft a Compelling Cover Letter: In your cover letter, express your passion for macro investment strategies and detail how your background aligns with the responsibilities of the Fixed Income & Macro Risk Manager role. Mention specific experiences that demonstrate your ability to manage risk and collaborate with portfolio managers.
Showcase Analytical Skills: Provide examples in your application that showcase your analytical skills, particularly in performing detailed trade-level risk analysis and top-down risk assessments. Highlight any innovative research you've conducted related to risk policy or portfolio guidelines.
Prepare for Interviews: If selected for an interview, be ready to discuss your experience in detail. Prepare to explain your approach to risk management, how you handle discrepancies in measured risk, and your understanding of the current risk environment. Practice presenting complex information clearly and concisely.
How to prepare for a job interview at Balyasny Asset Management LP
✨Showcase Your Technical Skills
Make sure to highlight your programming abilities, especially in Python, as well as your experience with SQL databases. Be prepared to discuss specific projects or analyses you've conducted that demonstrate your technical expertise.
✨Demonstrate Your Risk Management Knowledge
Familiarise yourself with the key concepts of risk management, particularly in fixed income and macro strategies. Be ready to discuss how you have calibrated risk guidelines in previous roles and how you approach trade-level risk analysis.
✨Prepare for Scenario-Based Questions
Expect questions that require you to think critically about risk scenarios. Prepare examples of how you've constructed event risk scenarios in the past and be ready to explain your thought process clearly.
✨Communicate Effectively
Since the role involves presenting complex analyses to senior management, practice articulating your thoughts clearly and concisely. Use examples from your experience to illustrate how you've communicated risk assessments and recommendations in the past.