At a Glance
- Tasks: Manage risk and oversee portfolios in a dynamic derivatives environment.
- Company: Join Schonfeld, a leading global multi-manager hedge fund.
- Benefits: Competitive salary, learning opportunities, and a collaborative culture.
- Other info: Empowering culture focused on innovation, teamwork, and community engagement.
- Why this job: Make a real impact in risk management while working with top talent.
- Qualifications: 5+ years in risk management, strong coding skills, and equity derivatives knowledge.
The predicted salary is between 80000 - 100000 £ per year.
We are seeking an exceptionally talented individual to join our Cross-Asset Derivatives Risk Management team as a Risk Manager. This role will focus on risk management and portfolio oversight of the firm’s Equity Derivatives, Macro EM and Delta One strategies, which include Equity vol, Fixed Income, Index Rebalance & Special situations strategies amongst others.
As a Risk Manager, you will:
- Report to the Head of Cross-Asset Derivatives Risk and partner daily with Portfolio Managers, Strats, and developers to monitor portfolios and design solutions that reduce concentration and stress risks.
- Build, implement and validate models that power both risk management and the investment process.
- Partner with our Technology organisation to enhance data infrastructure, automate risk-limit monitoring and streamline raw-data ingestion.
- Work with Portfolio Managers, providing regular and ad-hoc analytics on strategy performance, risk profiles and tail-risk scenarios.
- Collaborate with strategy COO, fellow risk managers and tech teams to build and maintain the modelling, pricing and analytics toolkit that powers our multi-strategy platform.
What you need:
- A minimum of 5 years’ relevant experience in a PM-facing role.
- Strong knowledge of equity derivatives and portfolio risk management.
- Knowledge of quantitative finance including risk-neutral options pricing and cross-sectional factor models.
- Experience analyzing and modeling large data sets.
- Strong coding skills in one or more languages such as R, Python or C++.
- Experience working with relational databases such as MySQL.
- Strong communication skills.
We’d love if you had:
- Direct experience in Macro, Delta one and Equity Derivatives Strategy.
Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.
At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls.
Risk Manager, Cross Asset Derivatives in London employer: Schonfeld
At Schonfeld, we pride ourselves on being an exceptional employer that invests in the growth and development of our employees. Our collaborative work culture encourages innovation and teamwork, providing ample opportunities for professional advancement in the dynamic field of risk management. Located in a vibrant financial hub, we offer a unique environment where talented individuals can thrive while contributing to meaningful projects that drive industry-leading results.
StudySmarter Expert Advice🤫
We think this is how you could land Risk Manager, Cross Asset Derivatives in London
✨Tip Number 1
Network like a pro! Reach out to folks in the industry, especially those who work in risk management or derivatives. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Show off your skills! Prepare a portfolio of your past projects or analyses that highlight your coding skills and risk management experience. This will give you an edge during interviews and show you mean business.
✨Tip Number 3
Stay updated on market trends! Being knowledgeable about current events in equity derivatives and macro strategies can help you stand out in interviews. It shows you're passionate and engaged with the field.
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. Plus, it’s a great way to ensure your application gets into the right hands. Don’t hesitate—get your application in today!
We think you need these skills to ace Risk Manager, Cross Asset Derivatives in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to highlight your experience in risk management and equity derivatives. Use keywords from the job description to show that you understand what we're looking for.
Showcase Your Skills:Don’t just list your skills—show us how you've used them! Include specific examples of how your coding skills or quantitative finance knowledge have made a difference in your previous roles.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about risk management and how your background makes you a perfect fit for our team at Schonfeld.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss any important updates!
How to prepare for a job interview at Schonfeld
✨Know Your Risk Management Inside Out
Make sure you brush up on your knowledge of equity derivatives and portfolio risk management. Be ready to discuss specific strategies you've used in the past, especially around stress testing and concentration risks. This will show that you’re not just familiar with the concepts but have practical experience.
✨Show Off Your Coding Skills
Since strong coding skills are a must for this role, be prepared to talk about your experience with languages like R, Python, or C++. You might even want to bring examples of how you've used coding to solve complex problems in risk management or data analysis.
✨Prepare for Technical Questions
Expect some technical questions related to quantitative finance, such as risk-neutral options pricing and cross-sectional factor models. Brush up on these topics and think of real-world applications to demonstrate your understanding during the interview.
✨Communicate Clearly and Confidently
Strong communication skills are key in this role, so practice articulating your thoughts clearly. Whether discussing analytics on strategy performance or collaborating with tech teams, being able to convey complex ideas simply will set you apart from other candidates.
