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- Tasks: Lead market risk management for a dynamic hedge fund, focusing on equity, fixed income, and FX strategies.
- Company: Join a boutique hedge fund in Mayfair, poised for significant growth in the coming years.
- Benefits: Enjoy competitive compensation, pension, healthcare, and potential for long-term career progression.
- Why this job: Be at the forefront of risk management, influencing portfolio strategies and working closely with senior leaders.
- Qualifications: Must have 10+ years in risk management, ideally within hedge funds or asset management, with strong analytical skills.
- Other info: Office presence preferred due to role complexity; flexibility available occasionally.
Job Description
The Role
Senior Market Risk Manager/ Head of Market Risk – Boutique “Global Macro” Hedge Fund (10-years + Hedge Fund, or Asset Management experience)
Martis Search are representing a boutique Mayfair based Hedge Fund to hire a permanent “Senior Market Risk Manager”, or “Head of Risk Management.”
This is an amazing opportunity to be part of a very exciting Hedge Fund.
The Hedge Fund will be growing a lot in the next few years. This is a senior Hedge Fund Front Office Market Risk role. Our client is open to anyone who is currently either employed as a “Senior Market Risk Manager”, or “Head of Risk Management” who either in the future wants to become their “Head of Risk Management”, or “Chief Risk Officer.”
Our client needs someone with a minimum of x 10-years + “Global Macro” (Equity, Fixed Income and FX) Market Risk, or multi-asset class (i.e. Equity Long/ Short with a mix of other asset-classes/ strategies – they open-minded) experience gained from preferably a Hedge Fund, but they are willing look at someone from a reputable Asset Management.
It is a senior Hedge Fund Market Risk Manager role, but without managing any staff. You will work closely with the Investment team and the CIO. The chosen incumbent will be the sole person and most senior Market Risk Manager in the business (both hands-on and strategic role).
Our client is looking for a solid Market Risk professional with an exemplary education in a numerate type degree and extensive “Financial Modelling” skills. Any coding skills such as Python, SQL, C ++, R, VBA etc (for a variety of tasks such as building Risk models such as VaR, Stress Testing, Factor Exposures, Risk Reporting, Data Analysis, Data Visualisation etc).
Key Responsibilities
- Ongoing market risk management of Equity, Fixed Income and Foreign Exchange Global Macro strategies.
- Play a critical role in portfolio construction and strategy development, working closely with both the CIO and with business development to continually refine strategies for institutional portfolios.
- Conduct deep-dive risk analysis on individual trades as well as broader portfolio exposures.
- Develop and refine stress scenarios, VaR models, and other risk metrics to evaluate potential market shocks.
- Clearly communicate risk findings and recommendations to senior stakeholders.
- Monitor real-time market developments and assess their impact on portfolio risk.
- Investigate P&L drivers and provide detailed breakdowns of performance.
- Contribute to research initiatives aimed at enhancing risk frameworks and tools.
- Enhance risk measurement, portfolio analytics, controls and both internal and external risk reporting.
Qualifications and key requirement
- Degree or Master’s Degree
- Extensive experience (10 years+) in Risk Management at a Hedge Fund, or Asset Manager.
- Strong experience with all parts of the buy side business.
- Exceptional verbal and written communication skills.
- Ability to communicate complex ideas succinctly.
- Competitive compensation and clear long-term progression.
Due to the high trading volume and complexity in the role, our client does prefer people to be in the office more than working-from home, but there will be some flexibility from time-to-time.
**Please note our client will not sponsor, and we ask all applicants to have full UK Right to Work and no time limited visas – Youth Mobility, Tier 4, Spouse Visas (all that are soon to expire and require company sponsorship to work in the UK).
We ask all applicants to respect this requirement given our client’s request and inability to sponsor.**
Salary
Between £150,000 k pa – £500,000 k pa dependent upon experience (total comp between £300 k pa – £1 m pa), pension, healthcare etc.
Senior Market Risk Manager/ Head of Market Risk - Boutique \"Global Macro\" Hedge Fund (10-years + ... employer: Martis Search
Contact Detail:
Martis Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Market Risk Manager/ Head of Market Risk - Boutique \"Global Macro\" Hedge Fund (10-years + ...
✨Tip Number 1
Network with professionals in the hedge fund industry, especially those who work in market risk. Attend industry conferences or seminars where you can meet potential colleagues and learn about the latest trends in risk management.
✨Tip Number 2
Stay updated on current market trends and economic indicators that affect global macro strategies. This knowledge will not only help you in interviews but also demonstrate your passion and understanding of the role.
✨Tip Number 3
Consider obtaining relevant certifications such as FRM or CFA to bolster your credentials. These qualifications can set you apart from other candidates and show your commitment to the field of risk management.
✨Tip Number 4
Prepare to discuss specific examples of how you've managed risk in previous roles. Be ready to explain your thought process and the impact of your decisions on portfolio performance, as this will be crucial in demonstrating your expertise.
We think you need these skills to ace Senior Market Risk Manager/ Head of Market Risk - Boutique \"Global Macro\" Hedge Fund (10-years + ...
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your extensive experience in market risk management, particularly in global macro strategies. Emphasise your hands-on and strategic roles, as well as any relevant coding skills like Python or SQL.
Craft a Compelling Cover Letter: In your cover letter, clearly articulate why you are the ideal candidate for the Senior Market Risk Manager position. Mention your understanding of the hedge fund environment and your ability to communicate complex ideas succinctly to senior stakeholders.
Highlight Relevant Achievements: Include specific examples of your past achievements in risk management, such as developing stress scenarios or enhancing risk frameworks. Quantify your successes where possible to demonstrate your impact.
Proofread and Edit: Before submitting your application, thoroughly proofread your documents to eliminate any errors. A polished application reflects your attention to detail, which is crucial in a risk management role.
How to prepare for a job interview at Martis Search
✨Showcase Your Technical Skills
Make sure to highlight your financial modelling skills and any coding experience you have, such as Python or SQL. Be prepared to discuss how you've used these skills in previous roles, especially in building risk models or conducting data analysis.
✨Understand the Hedge Fund Landscape
Familiarise yourself with the specific strategies employed by the hedge fund you're interviewing with. Being able to discuss their approach to global macro strategies and how your experience aligns with their needs will demonstrate your genuine interest in the role.
✨Prepare for Scenario-Based Questions
Expect to be asked about how you would handle specific market scenarios or risk assessments. Prepare examples from your past experience where you successfully managed risk or developed stress testing scenarios, showcasing your analytical thinking.
✨Communicate Clearly and Confidently
Since the role involves communicating complex ideas to senior stakeholders, practice articulating your thoughts clearly and succinctly. Use examples to illustrate your points, ensuring that you convey your expertise without overwhelming your audience with jargon.
