At a Glance
- Tasks: Oversee market risk and portfolio construction for Credit trading businesses.
- Company: Leading multi-strategy hedge fund with a dynamic environment.
- Benefits: Competitive salary, professional development, and collaborative culture.
- Other info: Opportunity to enhance risk infrastructure and work with innovative teams.
- Why this job: Make a real impact by partnering with top Portfolio Managers and Traders.
- Qualifications: 5-8 years in risk management with a focus on Credit Strategies.
The predicted salary is between 80000 - 100000 £ per year.
A leading multi-strategy hedge fund is seeking an experienced Risk Manager to provide front-office aligned risk coverage across Credit trading businesses. The role will partner directly with Portfolio Managers, Traders and Senior Leadership to oversee market risk, portfolio construction, stress testing and trading exposures across a broad range of equity volatility strategies.
Responsibilities:
- Provide daily risk oversight across Credit portfolios
- Partner closely with Portfolio Managers and Traders to challenge positioning, concentration and portfolio construction
- Monitor and analyse key market risk metrics including: VaR, Stress testing & scenario analysis, Factor and correlation exposures, Liquidity and concentration risk
- Conduct deep-dive reviews of trading books and identify emerging portfolio risks
- Assess volatility surface exposures, skew positioning and convexity risks across strategies
- Evaluate risk across all credit strategies
- Produce actionable risk commentary and communicate findings to investment teams and senior management
- Work alongside Quantitative Research, Technology and Trading teams to enhance risk infrastructure and analytics
Requirements:
- 5-8 years of experience working in a risk role with a focus on Credit Strategies
- Education: Masters degree in a Finance/Quantitative/Engineering field required, PhD preferred
- Experience with factor-based risk analysis, portfolio construction, or optimization techniques
- Proven ability to work closely with investment teams and influence decision-making
- Strong communication skills, with the ability to convey complex risk concepts clearly to a range of stakeholders
- Deep understanding of market risk methodologies and industry practices
- Hands-on, proactive approach with a willingness to engage at both strategic and detailed levels
Risk Manager - Credit in City of London employer: Paragon Alpha - Hedge Fund Talent Business
As a leading multi-strategy hedge fund, we pride ourselves on fostering a dynamic and collaborative work environment where innovation thrives. Our employees benefit from competitive compensation packages, comprehensive professional development opportunities, and the chance to work alongside industry experts in a vibrant financial hub. Join us to make a meaningful impact in the world of credit trading while enjoying a culture that values teamwork, integrity, and excellence.
Contact Details:
Paragon Alpha - Hedge Fund Talent Business Recruitment Team
