Fundamental Equities Risk Manager

2 weeks ago


Doral, United States Millennium Management Full time

Fundamental Equities Risk Manager As a member of our Equity Risk Management team, you will work closely with the leader of the group to establish and monitor trading parameters, risk guidelines, and performance metrics for Portfolio Managers. Over time, you will partner daily with our Portfolio Managers to conduct onboarding interviews and ongoing risk analysis while also collaborating with other functional groups within the firm.Principal ResponsibilitiesGrow into full risk coverage of company strategies in equity products under the Head of RVFE Risk, including: Interviewing prospective PMs and setting up and managing risk limits; Evaluating trade ideas; Communicating with traders on regular basis.Close monitoring of risk drivers across the portfolios under coverage responsibility, and direct communication with management or PMs when these grow beyond established tolerancesResearch and determine P&L driversAutomate processes and perform ad hoc analysesQualifications/Skills Required5-10 years of experience in equity analytics or risk function, preferably at another financial institutionKnowledge of equity products, markets, and trading strategiesStrong quantitative/analytical/statistical analysis skillsSQL, Python (or R), and Excel skills preferred; familiarity with Tableau a plusResults-oriented and fast pacedHighly analytical with strong problem-solving skillsStrong written and verbal communications with the ability to communicate with traders and senior managementAbility to work independently and in ambiguous environmentsDegree in a technical or quantitative field; Advanced degrees in Financial Engineering or similar field preferredThe estimated base salary range for this position is $ 160,000 to $ 250,000 , which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individuals experience level and the qualifications they bring to the role to formulate a competitive total compensation package.#J-18808-Ljbffr

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