EM Risk Analyst - Hedge Fund (Buy-Side) (London Area)

The Client

Tempest Vane Partners is working with a leading multi-strategy hedge fund to identify a high-calibre Emerging Markets Risk Analyst for their London office. This is a unique opportunity to join a high-performing risk team and gain front-line exposure to portfolio managers, macro strategies, and EM trading desks in a fast-paced buy-side environment.

What You’ll Get

• Work in a front-office facing risk seat with direct exposure to Portfolio Managers and investment decision-making.
• Influence risk infrastructure in a data-rich, technology-driven environment .
• Be part of a performance-driven hedge fund culture, renowned for innovation, agility, and results.
• Incredible career progression opportunities with potential access to all areas of the business.
• A market-leading compensation package including basic salary and annual bonus.
• Benefits including a non-contributory pension, private healthcare, life assurance and 25 days annual leave.

What You’ll Do

You will join the Risk function that sits closely with trading and investment teams, playing a pivotal role in analysing, assessing, and communicating portfolio and market risks across Emerging Markets (EM) strategies. The role involves both real-time market interaction and the development of tools and infrastructure to support portfolio risk transparency.

Key Responsibilities:

• Monitor portfolio risk exposures and ensure alignment with mandates across EM trading strategies.
• Independently assess portfolio construction and risk drivers; present findings to senior management and trading teams.
• Assist in producing regular and ad hoc risk and P&L driver analysis.
• Work closely with Portfolio Managers, Desk Heads, and Strategy teams to understand evolving market risks and trade structures.
• Design and improve internal risk monitoring tools using Python and SQL .
• Collaborate with Technology, Quant Research, and Operations teams to improve infrastructure and workflow.

What You’ll Bring:

• Background in Risk , Trading , Sales , Treasury , or Strategy , ideally with experience in Flow or Structured Products .
• Strong understanding of EM Macro and Credit products , including FX (deliverable & NDF), Local Rates, and Sovereign Credit.
• Proficient in Python and SQL for data analysis and tool development.
• Solid grasp of pricing models and risk concepts: VaR , stress testing, scenario analysis.
• Excellent communication skills, with the ability to translate complex risk into actionable insight.
• Motivated, analytical, and proactive in approach — eager to work closely with investment professionals.