Multi-Asset Arbitrage Risk Manager - Tier 1 Hedge Fund
Multi‑Asset Arbitrage Risk Manager
Elite Global Investment Firm | London
We are working with a top‑tier global investment manager to appoint a Risk Manager into one of their most sophisticated and fast‑growing investment areas: Multi‑Asset Arbitrage.
This is a front‑office aligned risk role, partnering directly with senior Portfolio Managers across event‑driven equity, credit and derivatives strategies, where risk is viewed as a core investment partner, not a control function.
The Opportunity
You will sit at the heart of a high‑performing multi‑strategy platform, covering portfolios spanning:
- Equity and event‑driven strategies
- Corporate and structured credit, including convertible arbitrage
- Equity derivatives and complex multi‑asset exposures
The role offers day‑to‑day dialogue with PMs, real influence over how risk is measured and managed, and exposure to some of the most intellectually demanding strategies in the firm.
What You'll Be Doing
- Conduct daily, hands‑on risk analysis across multi‑asset portfolios
- Develop a deep understanding of thematic, fundamental and event‑driven investment ideas
- Build and enhance risk metrics, monitoring tools and reporting used directly by PMs
- Actively contribute to daily risk forums and global risk committee discussions
- Partner with PMs on scenario analysis, stress testing and P&L drivers
- Deliver ad‑hoc deep‑dive risk analysis across other investment strategies when required
- Play a role in the evolution of the firm's risk analytics and infrastructure
What We're Looking For
- Strong experience in credit strategies, ideally including Convertible Arbitrage
- Practical exposure to event‑driven equity strategies (e.g. M&A, restructurings, index events)
- 7+ years' experience in risk, trading, quantitative research or strategy‑focused analytical roles
(former traders or PMs transitioning into risk are very welcome) - A strong quantitative background (e.g. maths, physics, economics, finance)
- Solid programming skills in Python, C++, Java, C# or similar
- A commercial, pragmatic mindset with the confidence to engage and challenge investment teams
- Excellent communication skills and genuine curiosity about markets
Nice to Have (Not Essential)
- Experience with equity derivatives or volatility strategies (e.g. dispersion, index vol)
- Familiarity with institutional risk systems or models
- SQL or database experience
Why This Role Stands Out
- True front‑office exposure - not a back‑office oversight role
- Significant influence over how risk is defined and managed, not just reported
- Broad multi‑asset visibility within a world‑class investment platform
- A collaborative, intellectually demanding environment with first‑rate talent
- Strong long‑term career trajectory within a leading global firm
FAQs
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