At a Glance
- Tasks: Identify and evaluate risks in trading strategies while collaborating with researchers and traders.
- Company: Join a leading firm in discretionary trading with a focus on risk management.
- Benefits: Competitive salary, potential bonuses, health benefits, and 401(k) contributions.
- Other info: Fast-paced environment with opportunities for growth and collaboration globally.
- Why this job: Kickstart your career in Risk Management and make a real impact in a dynamic environment.
- Qualifications: Bachelor's degree in a quantitative field and a passion for risk management.
The predicted salary is between 63000 - 77000 £ per year.
We are looking for a Junior Risk Manager to join our expanding discretionary team. This is a unique opportunity to help further develop Squarepoint’s discretionary trading business worldwide. As a member of our team, you will be responsible for implementing a structured risk management culture, ensuring a sound and stable operation of the business via the implementation of processes and controls to ensure that risks (market risks, operational risk, conduct risk, etc.) are properly managed and contributing to the overall growth of the fund. You will liaise and collaborate closely with our researchers and traders while leveraging our world class research platform. If you are looking to begin your career in Risk Management, we encourage you to apply.
Responsibilities
- Identify and evaluate risk associated with discretionary trading strategies
- Collaborate with Quantitative Researcher and Traders on the strategies analysis
- Ensure the strategies are run within the risk allocation defined by the Investment Committee
- Analyze risk at the portfolio level and performance drivers
- Help with trade portfolio construction across the discretionary business
- Drive the build out of Squarepoint risk framework by improving the firm’s processes and infrastructure for management of the discretionary business
Qualifications
- Bachelor’s degree in a quantitative or related field (includes degrees in Mathematics, Statistics, Econometrics, Financial Engineering, Operations Research, Computer Science and Physics); advanced degree preferred
- From graduate level up to 3 years of commercial experience
- Demonstrated interest in Risk Management
- Demonstrated interest in a quantitative approach
- Capacity to collaborate with the trading, analysts and quants team
- Strong communication skills with the ability to collaborate with teammates globally
- Strong sense of urgency with the ability to work well in a fast-paced environment
The minimum base salary for this role is $125,000 if located in New York. This expectation is based on available information at the time of posting. This role may be eligible for discretionary bonuses, which could constitute a significant portion of total compensation. This role may also be eligible for benefits, such as health, dental, and other wellness plans, as well as 401(k) contributions. Successful candidates’ compensation and benefits will be determined in consideration of various factors.
Junior Risk Manager employer: Squarepoint Capital
Squarepoint is an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation among elite professionals in the trading industry. Located in New York, employees benefit from competitive compensation packages, including discretionary bonuses and comprehensive health and wellness plans, while also having ample opportunities for professional growth and development through mentorship and training programs. Join us to be part of a forward-thinking team that values your contributions and supports your career aspirations.
