Head of Risk Management
A Risk Manager is needed to play a pivotal role in leading and supervising risk management activities within the firm. Responsibilities will include developing and executing effective risk management strategies, models, reports, policies, and procedures across client portfolios, market research, technology, and overall business operations.
Key Responsibilities:
Develop and maintain risk models and tools to identify and monitor portfolio risk factors, conduct stress tests on portfolios, and ensure compliance with risk management guidelines.
Proactively monitor market conditions and perform scenario analysis to assess potential impacts on portfolio risk exposures, recommending necessary adjustments.
Utilize advanced statistical techniques and quantitative models to evaluate portfolio and investment risk, estimate potential returns, and optimize portfolio construction, including performance attribution analysis and factor-based exposures.
Stay informed about the latest industry trends and advancements in risk management, quantitative analysis, and portfolio construction methodologies.
Collaborate with various teams within the firm to provide quantitative support and industry-specific insights.
Qualifications:
Proven experience in risk management, quantitative research, or a related role within the wealth management industry.
Strong understanding of risk management principles, quantitative modeling techniques, and statistical analysis.
Ability to access, manipulate, and clean large data sets from various databases and sources.
Experience with risk modeling software, quantitative analytics platforms, and market data providers (e.g., Bloomberg, MS Excel/VBA).
Proficiency in programming languages such as Python, MATLAB, and/or other financial software to drive data analysis, model implementation, and create interactive dashboards.
Familiarity with risk measurement methodologies (e.g., VaR, stress testing, factor analysis) and risk management frameworks (e.g., risk budgeting, risk-adjusted performance metrics).
Knowledge of financial derivatives, options pricing models, and portfolio optimization techniques.
Excellent problem-solving and critical-thinking skills, capable of analyzing complex data sets and deriving meaningful insights.
Strong communication and presentation skills, able to explain quantitative concepts to non-technical stakeholders, including risk committees.
Bachelor's degree in finance, economics, mathematics, statistics, or a related field; an advanced degree (e.g., MBA, MSc) in quantitative finance or risk management is preferred.
5-10 years of experience in a risk management, analytical, or quantitative role, particularly within the asset allocator and wealth management space.
Demonstrates a strong interest in addressing a wide range of problems related to diverse asset classes and investment strategies, with an understanding or desire to learn about alternative asset classes.
Professional certifications such as FRM, CQF, or CFA are desirable.