Senior Investment Risk Manager – Multi-Strategy

Senior Investment Risk Manager – Multi-Strategy

New York | Global Alternative Investment Manager

An established global investment manager is looking to appoint a senior risk professional to support the expansion of several sophisticated relative-value and arbitrage strategies.

This is an investment-facing role within a highly regarded risk function. The successful candidate will work closely with portfolio managers and senior investment professionals, providing independent analysis and helping teams understand how portfolios may behave across different market environments.

The position requires someone who can combine quantitative rigour with strong market judgement. It would suit an experienced practitioner who enjoys engaging with investment teams, investigating complex exposures and developing practical solutions—not someone seeking a predominantly governance or reporting-focused role.

Responsibilities

• Analyse portfolio exposures across equities, derivatives and credit markets.
• Identify concentrations, correlations, liquidity constraints and nonlinear risks.
• Evaluate how portfolios could perform during stressed or rapidly changing market conditions.
• Develop a detailed understanding of the investment rationale behind individual positions and broader portfolio themes.
• Work directly with portfolio managers to communicate findings and constructively challenge risk-taking.
• Improve the analytical methods used to assess relative-value and arbitrage portfolios.
• Design clear monitoring tools that help investment teams make better-informed decisions.
• Assess the implications of new instruments, strategies and portfolio structures.
• Present analysis to senior risk and investment stakeholders.
• Contribute to wider analytical and risk-development projects across the organisation.

Candidate profile

• Significant experience in an investment, trading, quantitative or risk position within a hedge fund, investment bank or similarly sophisticated markets environment.
• Strong knowledge of several relevant areas, which may include:
  • Equity derivatives and volatility
  • Relative-value trading
  • Corporate and structured credit
  • Convertible securities
  • Event-driven investing
  • Capital-structure or cross-asset arbitrage
• The ability to interpret complex portfolios and identify relationships that may not be apparent from conventional risk measures.
• Strong quantitative training, supported by a degree in a numerate subject or equivalent professional experience.
• Working programming ability in a mainstream analytical language, ideally Python or a comparable technology.
• Excellent financial-markets intuition and an understanding of how liquidity, positioning and market structure can affect portfolio behaviour.
• The confidence and credibility to engage directly with experienced portfolio managers.
• Strong written and verbal communication skills, with an ability to explain complicated risks clearly.
• A practical approach to problem-solving and a record of taking ownership of analytical projects.
• High standards of accuracy, data integrity and presentation.

The opportunity

This is a genuinely influential appointment rather than a conventional control-function position. The successful candidate will be expected to enhance the investment process, develop new ways of analysing risk and contribute informed judgement to portfolio-level decisions.

The role provides exposure to a broad range of sophisticated strategies, regular interaction with senior decision-makers and the opportunity to join a well-resourced platform continuing to invest in its risk capabilities.

The position is based in New York and offers a highly competitive, individually structured compensation package.

All enquiries and applications will be handled in strict confidence.

No public advert can be guaranteed completely untraceable, but this removes the most searchable clues: the client name and acronym, named executives, exact reporting line, internal meeting terminology, verbatim responsibilities, precise experience threshold, unusually specific instrument list, named methodology and identifiable compensation range.