Risk Manager (Leading Proprietary Trading Firm)

New York, NY

Posted: 03/26/2019 Employment Type: Direct Hire Job Category: Risk Job Number: 110

Job Synthesis & Description
Our client, an elite high-frequency proprietary trading firm, seeks a front office Risk Manager, with a strong background in quantitative trading and systematic strategies to work in the global risk management team.

Specific Responsibilities

  • Providing risk oversight for the Americas trading activities of the firm by focusing on market, operational, and quantitative execution risk
  • Assisting the Chief Risk Officer and Global Head of Market Risk in overseeing and managing risk for the regional trading activities
  • Controlling in real-time both quantitative execution risk and market risk of trading strategies, and consequently escalating, reporting, and resolving any risk related issues in a timely manner
  • Working closely with the portfolio managers, traders, core engineering team, and prime brokers to respond effectively to any risk limit violation and resolving any trading related issues
  • Assisting risk management and risk technology teams to enhance the proprietary risk systems and design next-generation risk management and trade supervision tools
  • Conducting ad-hoc risk analysis and back-testing on a regular basis
  • Interacting continuously with the global risk team
  • Providing risk assistance to the global operational risk function
  • Participating and representing risk department in various internal and external meetings
  • Collaborating effectively with various departments and providing risk support and advisory as appropriate

Key Qualifications

  • A bachelor’s degree, with a master’s or MBA highly regarded
  • Over 5 years of experience in a front office market risk or quantitative risk role
  • Electronic trading or risk experience in a quantitative proprietary trading group, systematic hedge fund manager, or sell-side front-office facing role
  • Broad knowledge of global equities, futures, foreign exchange, and options markets
  • Understanding of regional regulations and markets exchange-specific rules
  • Strong problem-solving skills and attention to detail
  • The desire to continuously learn and proactively challenge the status quo to improve existing processes
  • Solid track record of working well with senior management, compliance and legal, and business and IT teams
  • Excellent written and verbal communication skills
  • Solid Excel, VBA, and database proficiency. Knowledge of SQL and Python (a plus)

Our client's dual offices and garden roof-decks are located in TriBeCa and SoHo, neighborhoods in downtown Manhattan. While they work hard, their cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life.

Benefits include:

  • Competitive salary and performance-based bonuses
  • 401(k) with company matching
  • 5 weeks of paid vacation per year plus 9 paid holidays
  • Free breakfast, lunch, and snacks on a daily basis
  • Reimbursement for health and wellness expenses
  • Free tickets to New York events, including the US Open and TriBeCa Film Festival

Spencer Knibbe
Managing Partner

Spencer is the Founder and Managing Partner of MBK Search, LLC - an executive search firm that specializes in the governance, risk, compliance, and cybersecurity market space. Prior to founding MBK, Spencer was Head of Operational Risk at Bridgewater Associates. Before moving to Bridgewater, Spencer was the Head of Risk for ICAP, Plc covering the Americas Region. He started his career in venture capital as an investment associate.

Spencer graduated from Harvard University in 2001 and resides in Ridgefield, CT with his wife and two sons.

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