Risk Manager - Equities
At Hudson River Trading (HRT) we are mathematicians, computer scientists, statisticians, physicists and engineers. We research and develop automated trading algorithms using advanced mathematical techniques. We have built one of the world's most sophisticated computing environments, and our researchers are at the forefront of innovation in the world of algorithmic trading.
Job Description
Hudson River Trading is hiring an Equities Risk Manager for our NYC office. 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 people.
The Risk team is a dynamic, highly collaborative group. As an Equities Risk Manager, you will have an opportunity to impact a highly successful business within HRT that is continuing to innovate and expand. This will be a challenging role with a wide remit across trading styles and investment horizons.
Responsibilities
- Design new risk controls for equity arbitrage strategies (intraday to long term) that appropriately control market, operational, funding and liquidity risk without disrupting trading activity
- Real-time monitoring of intraday risk limits
- Investigate the root cause of risk limit breaches and coordinate with operations and trading teams to resolve them
- Analyze historical measures in order to calibrate thresholds
- Identify gaps in the monitoring of both market and operational risk, and collaborate with Operations to develop and implement new risk monitoring tools
- Investigate and onboard proposed strategies; assess relevant risks to the firm and implement appropriate risk metrics
- Evaluate bespoke trading opportunities
- Work on tactical projects with Finance, Operations and Engineering teams
Qualifications
- B.S. in mathematics, physics, economics, computer science, electrical engineering or statistics
- 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 such as event-driven strategies, intraday arbitrage trading, and other equity hedge fund strategies
- Professional programming experience is required (Python preferred)
- Ability to communicate effectively with stakeholders across the firm including traders, operations, and other risk managers
- Excellent written and verbal communication skills
Annual base salary range of $150,000 - 250,000. 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.
Hudson River Trading is hiring an Equities Risk Manager for our NYC office. 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 people.
The Risk team is a dynamic, highly collaborative group. As an Equities Risk Manager, you will have an opportunity to impact a highly successful business within HRT that is continuing to innovate and expand. This will be a challenging role with a wide remit across trading styles and investment horizons.
Responsibilities
- Design new risk controls for equity arbitrage strategies (intraday to long term) that appropriately control market, operational, funding and liquidity risk without disrupting trading activity
- Real-time monitoring of intraday risk limits
- Investigate the root cause of risk limit breaches and coordinate with operations and trading teams to resolve them
- Analyze historical measures in order to calibrate thresholds
- Identify gaps in the monitoring of both market and operational risk, and collaborate with Operations to develop and implement new risk monitoring tools
- Investigate and onboard proposed strategies; assess relevant risks to the firm and implement appropriate risk metrics
- Evaluate bespoke trading opportunities
- Work on tactical projects with Finance, Operations and Engineering teams
Qualifications
- B.S. in mathematics, physics, economics, computer science, electrical engineering or statistics
- 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 such as event-driven strategies, intraday arbitrage trading, and other equity hedge fund strategies
- Professional programming experience is required (Python preferred)
- Ability to communicate effectively with stakeholders across the firm including traders, operations, and other risk managers
- Excellent written and verbal communication skills
Annual base salary range of $150,000 - 250,000. 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.
