Senior Risk Analyst – Hedge Funds
£70,000 - £75,000 + Bonus + Benefits
City of London

The Company
They are a major investment manager with over £60 billion under management. They have a reputation for success and exceptional results. In recent years they have expanded both organically and by acquisition.

The Role
The role is to produce, monitor and analyse the risk output generated by the current Risk Software applications on a variety of hedge funds and styles. You will provide a consultative service to the business by interpreting and explaining risk information to Fund Managers, dealing with queries and ad-hoc analysis requests. The nature of the role demands a strong understanding of asset pricing and risks and an ability to communicate effectively with fund managers, senior managers and other business support functions. Your main responsibilities will be:

• Production and analysis of regular risk attribution reports for the Hedge funds for use by the Fund Managers and other interested users of the data such as senior management, marketing, and compliance.
• Lead the development of the Hedge Funds risk analysis.
• Act as business lead for all Hedge funds risk projects and enhancements to the risk team service – including system reviews where appropriate.
• Provide oversight reporting for all Hedge funds to senior management teams – highlighting areas of concern.
• Escalation of issues to Head of Risk Measurement.
• Build and maintain a relationship between the Risk team and other business support teams within the company.
• Production of ad-hoc reports for the business, focused on risk issues in the prevailing markets.
• Respond to direct requests from Fund Managers.
• Assist IT to develop new systems/feeds and enhance existing feeds. This may include investigating the data requirements for new instrument types, sourcing this data and testing the risk output.
• Assist the team in suggesting new analytics that will be beneficial to Fund Managers and senior management in the understanding of investment risk.
• Working closely with other members of the team, providing technical support, as appropriate.

The Candidate
To be considered for the role you must possess all of the following qualifications, skills and experience to be considered:
• Be educated to at least degree level with prior experience of working in the risk management function with an asset management company.
• Have significant risk management experience, in particular extensive hedge fund risk experience
• Have strong quantitative skills and excellent knowledge of derivatives (types, valuation/pricing, risks).
• Have general knowledge of the hedge funds markets (styles/strategies).
• Have detailed knowledge of tracking error, VaR, and stress testing methodologies together with an appreciation of their limitations.

Desirable skills include:
• VBA and SQL experience desirable.
• Advanced Excel skills, knowledge of Macros would be advantageous.
• Working knowledge of RiskMetrics, Barra Aegis and style research or similar systems beneficial.

If you have not been contacted within 2 weeks of submitting your application, please assume that on this occasion we will not be pursuing your application, however we thank you for your interest. For more information or to view other open positions through Cameron Kennedy, please visit us at Cameronkennedy.com