At a Glance
- Tasks: Lead risk management processes and develop frameworks for market risk in a dynamic trading environment.
- Company: Join a rapidly expanding global prop trading firm with a strong performance record.
- Benefits: Enjoy a competitive salary of up to £200k TC and potential for significant earnings growth.
- Why this job: Work closely with top traders and quants, engaging in diverse projects in a fast-paced culture.
- Qualifications: 5-10 years of risk management experience, strong tech skills, and coding proficiency in Python or VBA required.
- Other info: Be part of the first dedicated risk manager hire in London, with exciting expansion into digital assets.
My client, a rapidly expanding, global prop trading business, is looking to hire an exceptional Risk Manager into their growing team in London. The firm has had exceptional performance in a short space of time and has built out their US office impressively, with high-profile names in front and back-office functions – they are focused on building out a similar best-in-class European office. This will be the first dedicated risk manager hire in London.
Risk frameworks are built and risk management processes are in place – the hire will further develop the framework/processes, but with a core focus on all aspects of market risk for the business, covering risk monitoring, VAR, and the development and maintenance of risk models. The role will offer the opportunity to work directly with leading traders and quant professionals, offering a wide variety of ad hoc projects to be involved in.
The ideal candidate will be a Risk Manager from a hedge fund, with a minimum of 5-10 years experience. They will be a self-starter, able to work independently and effectively, as part of a fast-paced organisation. Strong tech skills are a pre-requisite, with advanced coding skills in Python or VBA required. While the firm is multi-asset, they have a proposed expansion into digital assets, so any exposure to the crypto space would be beneficial.
My client is looking to pay up to £200k TC year-one, with a clear trajectory for the hire to earn a multiple of this in years 2/3/4 etc.
Contact Detail:
Mondrian Alpha Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager – Prop Trading Firm (Multi-Asset) – £200k TC (City of London)
✨Tip Number 1
Network with professionals in the prop trading and risk management sectors. Attend industry events, webinars, or meetups to connect with individuals who work at firms similar to ours. This can help you gain insights into the company culture and potentially get a referral.
✨Tip Number 2
Familiarise yourself with the latest trends in market risk management, especially in multi-asset trading environments. Being knowledgeable about current practices and innovations will demonstrate your commitment and expertise during interviews.
✨Tip Number 3
Showcase your technical skills by working on personal projects or contributing to open-source initiatives that involve Python or VBA. This not only enhances your coding abilities but also provides tangible examples of your skills to discuss during interviews.
✨Tip Number 4
Research our firm’s recent developments and performance metrics. Understanding our growth trajectory and strategic goals will allow you to tailor your discussions and show how your experience aligns with our vision for the future.
We think you need these skills to ace Risk Manager – Prop Trading Firm (Multi-Asset) – £200k TC (City of London)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly within hedge funds. Emphasise your technical skills, especially in Python or VBA, and any exposure to digital assets or crypto.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the firm’s objectives. Mention specific experiences that demonstrate your ability to develop risk frameworks and processes, and your capacity to work independently in a fast-paced environment.
Highlight Key Achievements: In both your CV and cover letter, include quantifiable achievements that reflect your success in previous roles. For example, discuss how you improved risk monitoring processes or developed effective risk models that contributed to the firm's performance.
Show Enthusiasm for the Role: Convey your passion for risk management and the trading industry in your application. Mention your interest in working with traders and quant professionals, and express your eagerness to contribute to the firm's expansion into digital assets.
How to prepare for a job interview at Mondrian Alpha
✨Showcase Your Technical Skills
Make sure to highlight your advanced coding skills in Python or VBA during the interview. Be prepared to discuss specific projects where you've applied these skills, as technical proficiency is a key requirement for this role.
✨Demonstrate Market Risk Knowledge
Familiarise yourself with market risk concepts, particularly VAR and risk monitoring processes. Be ready to discuss how you have developed or maintained risk models in previous roles, as this will be crucial for the position.
✨Emphasise Your Independent Working Style
Since the firm is looking for a self-starter, share examples of how you've successfully worked independently in fast-paced environments. Highlight any initiatives you've taken that demonstrate your ability to thrive without constant supervision.
✨Prepare for Ad Hoc Project Discussions
Given the variety of ad hoc projects you'll be involved in, think about past experiences where you've tackled unexpected challenges. Be ready to discuss how you approached these situations and the outcomes, showcasing your adaptability and problem-solving skills.