Head of Risk - Alphagrep Global Capital at AlphaGrep Securities

London, England, United Kingdom

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Hedge Funds, Quantitative FinanceIndustries

Requirements

Minimum of 10 years of experience in risk management within a quantitative hedge fund or proprietary trading firm
Deep understanding of risk methodologies across equity market-neutral, quantitative futures/macro, and options-based strategies, including expertise in VaR-based models, Barra models, stress testing, and option risk metrics (e.g., Greeks, volatility surfaces)
Strong programming, database and automation skills, particularly in Python and data science tools for risk analytics
Professional certification in risk management (e.g., FRM, PRM) preferred
Strong knowledge of UK regulatory risk reporting requirements and best practices
Excellent communication skills with the ability to convey complex risk concepts to both technical and non-technical stakeholders

Responsibilities

Lead the firm’s risk management function, ensuring rigorous oversight of market, credit, liquidity, and operational risks across diverse strategies
Develop and maintain risk frameworks, methodologies, and infrastructure to support mid-frequency strategies
Design and implement robust risk reporting in collaboration with the groups central risk and engineering teams, incorporating VaR-based models, Barra models, option Greeks, volatility surfaces, and scenario analysis
Contribute to enhancing and automating risk management processes
Conduct stress testing and scenario analysis to evaluate tail risks and extreme market events
Collaborate closely with portfolio managers to provide real-time risk insights and proactive risk mitigation strategies
Ensure compliance with UK regulatory risk reporting requirements and industry best practices
Contribute risk reporting, recommendations and insights to the Investment Committee, senior management and other stakeholders

Skills

Key technologies and capabilities for this role

PythonVaRBarraStress TestingGreeksVolatility SurfacesRisk AnalyticsData ScienceFRMPRM

Questions & Answers

Common questions about this position

What is the salary for the Head of Risk position?

The salary is competitive and commensurate with experience.

Is this role remote or does it require office work?

The position is global and remote.

What skills and experience are required for this role?

Candidates need at least 10 years in risk management at a quantitative hedge fund or prop trading firm, deep knowledge of risk methodologies like VaR, Barra models, stress testing, and option Greeks, strong Python and data science skills for risk analytics, UK regulatory knowledge, and excellent communication skills. FRM or PRM certification is preferred.

What is the company culture like at AlphaGrep Securities?

This information is not specified in the job description.

What makes a strong candidate for the Head of Risk role?

A strong candidate will have 10+ years of risk management experience in quantitative hedge funds or prop trading, expertise in specific risk models and strategies like equity market-neutral and options, Python programming for analytics, UK regulatory knowledge, and FRM/PRM certification.

AlphaGrep Securities

Quantitative trading and market-making firm

About AlphaGrep Securities

AlphaGrep specializes in quantitative trading and investment by developing and executing algorithmic trading strategies. The firm uses advanced mathematical and statistical methods to analyze large amounts of financial market data, allowing it to identify and take advantage of small inefficiencies in the market. AlphaGrep operates on over 30 exchanges worldwide, trading across all asset classes and is recognized as a leading global market maker, ranking high in trading volume on various exchanges. Unlike many competitors, AlphaGrep focuses on creating value through innovation rather than imitation, constantly seeking new opportunities in the financial markets. The company's goal is to provide liquidity and efficient market-making services to a diverse range of clients, including institutional investors, while generating revenue through its proprietary trading strategies.

None, Hong KongHeadquarters

2010Year Founded

M_AND_ACompany Stage

Quantitative Finance, Financial ServicesIndustries

201-500Employees

Benefits

Wellness Program

Gym Membership

Paid Vacation

Risks

New algorithmic trading firms increase competition, threatening AlphaGrep's market share.

Regulatory scrutiny on high-frequency trading may raise AlphaGrep's operational costs.

Cyber-attacks on financial institutions could lead to data breaches for AlphaGrep.

Differentiation

AlphaGrep specializes in algorithmic trading across over 30 global exchanges.

The firm uses advanced mathematical techniques to exploit market inefficiencies.

AlphaGrep focuses on innovation, not imitation, in financial market exploration.

Upsides

AI-driven trading strategies enhance AlphaGrep's algorithmic capabilities.

DeFi platforms offer new opportunities for AlphaGrep in liquidity provision and arbitrage.

5G advancements accelerate AlphaGrep's ultra-low latency trading infrastructure.

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