Description

Job Title: Quantitative Analyst/Quant Dev-Risk

Location: New York, NY

Team: Risk / Quantitative Research

Role Overview

We are seeking a highly skilled Quantitative Analyst/Quant Dev with focus on Risk Management to join our New York-based hedge fund. The firm operates anon-pod, centralized investment platform with significant assets under management and a collaborative investment culture.

This role is critical to the development and enhancement of quantitative risk frameworks across multi-asset portfolios and works closely with senior Portfolio Managers, Trading, and Research teams.

The successful candidate will help drive firm-wide risk transparency and provide actionable insights that inform trading, portfolio construction, and capital allocation decisions.

Key Responsibilities

• • Develop, implement, and maintain quantitative models to measure and monitor market, credit, liquidity, and tail risks across portfolios
  • Design and maintain risk metrics including VaR, CVaR, stress testing, scenario analysis, drawdown analysis, and factor-based risk attribution
  • Analyze portfolio exposures across equities, fixed income, and derivatives, with a cross-asset perspective
  • Partner closely with Portfolio Managers and Trading teams to provide real-time and forward-looking risk insights
  • Build and enhance tools and dashboards for risk monitoring, reporting, and escalation
  • Conduct ad hoc analyses related to portfolio construction, leverage, concentration, correlation dynamics, and hedging effectiveness
  • Validate and backtest risk models; assess assumptions, limitations, and performance under stressed market conditions
  • Support firm-wide risk governance, including risk limits, controls, and documentation
  • Stay current on market structure, quantitative risk methodologies, and evolving risk best practices

Required Qualifications

• • Advanced degree (Master's or PhD) in Mathematics, Statistics, Physics, Engineering, Computer Science, or a related quantitative field
  • 3-10 years of experience in buyside quantitative risk management
  • Strong understanding of financial markets and portfolio theory
  • Proficiency in Python
  • Experience with statistical modeling, time series analysis, and numerical methods
  • Ability to work with large datasets and develop production-quality analytics
  • Strong communication skills with the ability to explain complex quantitative concepts to investment professionals

Preferred Qualifications

• • Strong knowledge of cross-asset derivatives (equity, rates, FX, credit, or commodity derivatives) significant plus
  • Experience supporting discretionary or systematic hedge fund strategies in a non-pod environment
  • Familiarity with factor models and risk decomposition across asset classes
  • Experience with real-time risk systems
  • Prior involvement with institutional or firm-wide risk frameworks

What We Offer

• • Competitive compensation including base salary and performance-based bonus
  • Opportunity to work at a sizable hedge fund with a centralized investment platform
  • Direct impact on portfolio and risk decisions at the firm level
  • Collaborative, high-performance culture
  • Access to senior investment professionals and cutting-edge quantitative research
  • Comprehensive benefits package