Risk Manager - Hedge Fund


New York
Permanent
USD150000 - USD200000
Risk Management
PR/557942_1773266981
Risk Manager - Hedge Fund
A Multi‑Strategy Hedge Fund is hiring a Risk Manager to oversee its Equity volatility trading business. This is a high‑impact, front‑office facing role working directly with Portfolio Managers and traders across the derivatives business.
This new hire will manage volatility risk across multiple pods, combining strong commercial communication skills with a sophisticated quantitative toolkit. This is a hands‑on position responsible for developing and implementing tools that enhance the accuracy and efficiency of risk analysis. Partnering closely with PMs, you will help implement discretionary and systematic volatility trading strategies and signals-including delta‑hedging, index volatility dispersion, and VIX replication-while ensuring effective risk management practices are maintained. The role also includes evaluating intraday PnL drivers for equity derivatives, computing daily Greek exposures, and monitoring PMs' limit utilizations.
The core responsibility for this role is being a partner to the business and PMs and encouraging smarter risk-taking strategies in the front office. This is more than just reporting and monitoring - this risk hire will be advising the business and providing key insights on market color, optimal positioning, de-risking or increasing positions when necessary, and designing and implementing custom hedge strategies.
Requirements
  • 5-10 years of experience in equity derivatives risk management at a Hedge Fund, Trading Firm, or Top Tier Investment Bank
  • Expertise in equity single stock, index, and volatility derivative products; some exposure to equity exotics is preferred
  • Proficiency in Python and SQL
  • Highly commercial, technically strong, and comfortable in a fast‑paced environment

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