Quantitative Risk Manager

4 weeks ago


London, Greater London, United Kingdom Paritas Recruitment - Data & Tech Full time


Responsibilities:
  • Identifying, capturing, and communicating material risks of the business, including credit, tail risk, liquidity, and convexity.
  • Ensuring that risk-taking at the individual portfolio level and at the firm level is efficient and deliberate, by setting appropriate risk guidelines and limits.
  • Developing and advancing stress testing and VaR frameworks.
  • Developing and maintaining a framework for capital allocation to maximize risk-adjusted returns and profitability at the various business levels and at the firm level.
  • Actively managing the firm's risk exposures through regular meetings, analysis and insights.
  • Leading research efforts to develop innovative risk management approaches, tools and analytics by leveraging the collective knowledge of the platform.
  • The goal is to enhance the quality of performance and improve the firm's risk-adjusted return.
  • Enhancing management's understanding of investment performance by developing intuitive and efficient frameworks for performance attribution and educating all internal constituencies on those frameworks.
  • Provide additional support with other risk managers in managing the market risk across the Macro business. Manage and mentor Quantitative Analysts on the team.

    About you:
    • Minimum 5 years experience as a Risk Manager covering US & EU Power & Gas Products
    • Strong understanding of Pricing models, risk sensitivities, best practice for risk aggregation.
    • Prior experience working with Portfolio Managers / Traders
    • Advanced programming experience with Python
    • Advanced degree in Quantitative discipline (Computer Science, Mathematics, Statistics, Financial Engineering, Quantitative Risk Management)

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