At a Glance
- Tasks: Join a dynamic team as a Quantitative Risk Analyst, focusing on risk management and portfolio construction.
- Company: Be part of a prestigious hedge fund with rapid growth in London and a strong market presence.
- Benefits: Enjoy a competitive salary, substantial bonuses, and the chance to work closely with traders.
- Other info: A first-class STEM academic record is essential for this exciting opportunity.
- Why this job: Immerse yourself in the investment process and contribute to innovative risk management frameworks.
- Qualifications: Ideal candidates have 2-5 years in a buy-side role and advanced coding skills in Python.
The predicted salary is between 75000 - 110000 £ per year.
A prestigious, large AUM hedge fund, rapidly expanding in London, are looking to hire a quantitative risk analyst. The remit of the role is broad, with coverage across quantitative risk, market risk and portfolio construction responsibilities. It will report directly into the Head of Risk. The nature of the role will see the hire work very closely to London based traders / portfolio management team, fully immersed in the investment process.
Core to the role is a remit to work with the Head of Risk to further build out the risk management framework, new models & tools. Candidates should have roughly 2-5 years experience in a buy-side role, that has a strong emphasis on quantitative risk responsibilities. Some form of advanced coding skills, more specifically Python, are preferred. Our client expects candidates to have a first class STEM academic record.
Our client feels that a £75-110k base salary range allows room to offer the hire a ‘substantial’ increase on his/her current base salary. Part of the front office bonus pool, a top performer can be paid a 50-100% bonus in a good year for the fund.
Quantitative Risk Analyst (Front Office) – Hedge Fund – £75-110k base + 50-100% bonus employer: Mondrian Alpha
Join a prestigious hedge fund in London that not only offers competitive salaries and substantial bonuses but also fosters a dynamic work culture where innovation thrives. As a Quantitative Risk Analyst, you will be at the forefront of risk management, collaborating closely with traders and portfolio managers, while benefiting from ample opportunities for professional growth and development in a rapidly expanding environment.
StudySmarter Expert Advice🤫
We think this is how you could land Quantitative Risk Analyst (Front Office) – Hedge Fund – £75-110k base + 50-100% bonus
✨Tip Number 1
Network with professionals in the hedge fund industry, especially those working in quantitative risk roles. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in risk management.
✨Tip Number 2
Familiarise yourself with the specific tools and models used in quantitative risk analysis. Being able to discuss these during interviews will demonstrate your proactive approach and understanding of the role's requirements.
✨Tip Number 3
Brush up on your Python coding skills, as this is a key requirement for the role. Consider working on personal projects or contributing to open-source projects to showcase your abilities and commitment to continuous learning.
✨Tip Number 4
Prepare to discuss your previous experience in buy-side roles, focusing on how you've contributed to risk management frameworks or developed new models. Be ready to provide specific examples that highlight your quantitative skills and teamwork with traders.
We think you need these skills to ace Quantitative Risk Analyst (Front Office) – Hedge Fund – £75-110k base + 50-100% bonus
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your experience in quantitative risk analysis, market risk, and portfolio construction. Use specific examples from your previous roles to demonstrate your skills and achievements.
Craft a Strong Cover Letter:Write a cover letter that clearly outlines your motivation for applying to this hedge fund. Emphasise your coding skills in Python and how they relate to the role, as well as your academic background in STEM.
Showcase Relevant Experience:In your application, detail your 2-5 years of experience in a buy-side role. Highlight any projects or responsibilities that involved building risk management frameworks or developing new models and tools.
Proofread Your Application:Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial in a quantitative risk analyst role.
How to prepare for a job interview at Mondrian Alpha
✨Showcase Your Quantitative Skills
Make sure to highlight your experience in quantitative risk analysis during the interview. Be prepared to discuss specific models or tools you've worked with and how they contributed to risk management in your previous roles.
✨Demonstrate Coding Proficiency
Since advanced coding skills, particularly in Python, are preferred, be ready to discuss your coding experience. You might even be asked to solve a coding problem on the spot, so brush up on your Python skills before the interview.
✨Understand the Investment Process
Familiarise yourself with the investment process and how quantitative risk analysts interact with traders and portfolio managers. Showing that you understand this dynamic will demonstrate your readiness to integrate into their team.
✨Prepare for Technical Questions
Expect technical questions related to market risk and portfolio construction. Review key concepts and be ready to explain how you would approach building out a risk management framework or developing new models.
