Description

A Hedge Fund in NYC is hiring a Senior Risk Manager to oversee Fixed Income strategies, specifically focusing on Interest Rates + Interest Rate Derivatives.

This hire will join a lean team with PM-facing responsibility, directly covering ~5 PM pods running a variety of US/Global rates trading strategies. It is a hybrid risk/quant role, and ideally the hiring team would like this hire to act as a risk management thought leader in a front office setting. Risk leadership at the firm is hands-on from a quant/coding perspective, and they expect this risk leader to have a similar skillset.

The mandate requires a senior Risk Manager, Risk/Quant Strategist, or Quant Researcher to work with PMs and develop custom curve fitting methodologies, custom tail-risk hedging strategies, and present the desk with market commentary and trading ideas to assist in maximizing opportunities through regime shifts and tail events. This individual is intended to enhance the trading environment in real time, not slow it down.

Having strong quant skills in this seat provides for flexibility in the day to day. You'll have the ability to develop tools and models that impact curve positioning and trade timing, idea generation, optimal sizing, and generally that impact front office decision making.

Requirements:

• 10+ years of front office experience as a rates derivatives risk manager, quant, strategist, researcher, or trader
• Expertise with linear and non-linear rates derivatives markets and trading strategies
• Exposure to a variety of strategies: Rates Volatility and Options Trading, Treasury Basis (Futures/Swaps), Funding Arbitrage, and other Fixed Income RV strategies
• Analyzing and explaining practical implications of metrics such as DV01/CS01, carry/roll calculations, convexity exposure, vega/gamma dynamics
• Providing clear-cut frameworks for correlation breakdowns and convexity spirals, funding squeezes, widening shocks, and other tail risk or regime shift events
• Proficiency in Python and/or Java