Highly Skilled Risk Management Specialist
1 day ago
Point72 Asset Management is seeking a highly skilled Quantitative Risk Analyst to join its Risk & Quantitative Research team.
Job OverviewThe RQR team plays a vital role in the Firm's investment process, building a deeply rooted culture of efficient risk management and factful performance attribution. The ideal candidate will perform research to identify opportunities for improved risk management, investment behavior, and portfolio construction, with the goal of helping the firm deliver superior risk-adjusted performance.
Key Responsibilities- Analyze portfolios and strategies to identify the risk and performance drivers; expand the current risk infrastructure to facilitate efficient risk management as well as improve understanding of portfolio construction and investment behavior.
- Work with senior risk managers to engage with portfolio managers and research analysts on topics such as risk limit usage, portfolio construction, tail exposure, and forward-looking risk events and address ad hoc inquiries from senior management, PMs, and risk managers.
- Help design and improve stress testing, Value at Risk, and various limit frameworks for macro portfolios.
- Conduct research to develop innovative risk management approaches, tools, and analytics that can be used by investment teams and risk managers, to achieve better comprehension of portfolio risk characteristics and deliver those research findings to senior management.
To be successful in this role, you will need:
- A Master's degree or higher in quantitative finance, statistics, math, engineering, or computer science.
- At least 3 years of work experience in a quantitative research, trading, or risk management capacity related to macro products (rates and/or FX).
- Solid product knowledge and analytical rigor in terms of pricing models, risk sensitivities and the best practice for risk aggregation in a portfolio context.
- High level of proficiency in SQL and quantitative programming (Python, MATLAB, R) and experience dealing with large data sets.
- Strong attention to detail and willingness to go the extra mile to ensure the accuracy and quality of the work.
- Excellent communication skills and prior experience interacting with portfolio managers.
- Ability to manage multiple tasks and deadlines independently in a fast-paced environment.
As a Quantitative Risk Analyst at Point72 Asset Management, you can expect:
- A competitive salary ranging between $120,000 - $180,000 per year, depending on your experience.
- A comprehensive benefits package, including health insurance, retirement savings plan, and paid time off.
- Opportunities for professional growth and development in a dynamic and supportive work environment.
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