Full-Time
Risk Manager
Posted on 1/10/2023
Develops automated trading algorithms using advanced mathematics
Compensation Overview
$150,000 - $250,000Annually
Mid, Senior, Expert
New York, NY, USA
- B.S. in Mathematics, Physics, Economics, Computer Science, Electrical Engineering or Statistics
- Experience working in an investment bank, hedge fund, or asset manager required
- Knowledge of arbitrage trading, treasury basis and funding spread trades, timing strategies based on yield curve modeling, and long/short hedge fund strategies
- Working knowledge of Python, Linux, SQL
- Ability to communicate effectively with stakeholders across the firm including traders, operations, and other risk managers
- Excellent written and verbal communication skills
- Monitor market risk, operational and liquidity risk, and work with Execution Trading to take remedial measures in case of a breach
- Understand and advise senior management on the nuances of systematic fixed income strategies (basis trades, relative value trades, statistical arbitrage) for newly deployed strategies
- Design new risk measures for systematic macro strategies that appropriately control market, operational, and funding risk without disrupting trading activity
- Analyze historical measures in order to calibrate thresholds
- Onboard new strategies, assess the relevant risks to the firm, and implement appropriate risk metrics
- Investigate the source of risk limit breaches and coordinate with operations and trading teams to resolve them
- Assist in designing new tools for online performance
- Evaluate bespoke trading opportunities
- Work on tactical projects with finance, operations, and engineering
- 5-10 years of experience as a Risk Manager focused on fixed income strategies. Additional experience in currency or commodities is a plus
Hudson River Trading (HRT) stands out as a leading quantitative trading firm, employing over 800 experts from diverse disciplines, and providing liquidity on global markets with its advanced computing environment for research, development, and risk management. The company's culture fosters critical thinking and automation, with a strong commitment to ethical practices, advocating for fair and transparent markets. HRT's technical prowess and mathematical approach to trading, coupled with its industry leadership in algorithmic trading, make it an exceptional place to work for those seeking to impact the financial markets through technology.
Company Stage
N/A
Total Funding
$627M
Headquarters
New York, New York
Founded
2002
6 month growth
↑ 1%1 year growth
↑ 8%2 year growth
↑ 53%Benefits
Dental, Vision, Disability, Health, Life, and Supplemental Life Insurance
Flexible Spending Account
Health Savings Account
401(k)
Paid Time Off
Free lunch or snacks
Gym membership