Equities Risk Control Manager

7 days ago


New York, New York, United States Hudson River Trading Full time
About the Role

Hudson River Trading is seeking an experienced Equities Risk Manager to join our team in New York City. As a key member of our risk management team, you will be responsible for designing, improving, managing, and communicating market and liquidity risk for intraday to long-term relative value equity strategies.

You will collaborate closely with the risk and trading teams to manage all aspects of equities trading risk, while gaining exposure to the fast-paced world of automated trading alongside exceptionally talented individuals.

Key Responsibilities
  • Design and Implement Risk Controls: Develop new risk controls for equity arbitrage strategies (intraday to long-term) that effectively manage market, operational, funding, and liquidity risk without disrupting trading activity.
  • Real-Time Risk Monitoring: Monitor intraday risk limits in real-time and investigate the root cause of risk limit breaches, coordinating with operations and trading teams to resolve them.
  • Risk Analysis and Calibration: Analyze historical measures to calibrate risk thresholds and identify gaps in the monitoring of both market and operational risk, collaborating with Operations to develop and implement new risk monitoring tools.
  • Strategy Onboarding and Evaluation: Investigate and onboard proposed strategies, assessing relevant risks to the firm and implementing appropriate risk metrics, as well as evaluating bespoke trading opportunities.
  • Tactical Projects: Work on tactical projects with Finance, Operations, and Engineering teams to drive business growth and improve risk management processes.
Requirements
  • Bachelor's degree in mathematics, physics, economics, computer science, electrical engineering, or statistics.
  • At least 3 years of experience as a risk manager focusing on equity arbitrage trading at an investment bank, hedge fund, proprietary trading firm, or asset manager.
  • Solid understanding of equity risk models and equity portfolio risk.
  • Working knowledge of equity arbitrage strategies, including event-driven strategies, intraday arbitrage trading, and other equity hedge fund strategies.
  • Professional programming experience, preferably in Python.
  • Excellent written and verbal communication skills to effectively collaborate with stakeholders across the firm.
Compensation

The annual base salary range for this position is $150,000. Pay (base and bonus) may vary depending on job-related skills and experience. A sign-on and discretionary performance bonus may be provided as part of the total compensation package, in addition to company-paid medical and other benefits.



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