Market Risk Analyst at Verition Fund Management

New York, New York, United States

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Not SpecifiedCompensation

Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Asset Management, Investment ManagementIndustries

Requirements

5+ years of experience in risk management / modeling / quant role
Strong academic background in a quantitative or analytical field (e.g., Math, Engineering, Computer Science)
Proficiency in Python and SQL is required
Experience building analytical tools is highly desirable
Exceptional analytical skills

Responsibilities

Build and enhance tools/dashboards/reports for risk monitoring and analysis
Monitor exposures, risk metrics, P&L, and mandates; identify and communicate emerging risks
Engage portfolio managers on limit process including setting new limits and managing breaches
Analyze performance drivers across diverse investment strategies and provide insight into returns
Support onboarding of new products and coordinate model enhancements with quant and tech teams
Develop and improve methodologies for sensitivities, stress testing, scenario analysis, and liquidity risk
Research quantitative framework used to guide portfolio construction and asset allocation process
Respond to ad hoc risk inquiries and present findings to Portfolio Managers
Partner with technology to transform risk tools and analytics into robust, scalable production systems

Skills

Key technologies and capabilities for this role

Market RiskRisk ManagementAsset ClassesEquityCreditFixed IncomeForeign ExchangeAlternative Assets

Questions & Answers

Common questions about this position

What is the salary for the Market Risk Analyst position?

This information is not specified in the job description.

Is this Market Risk Analyst role remote or office-based?

This information is not specified in the job description.

What skills are required for the Market Risk Analyst role?

The role requires being driven and analytical, with intellectual agility, curiosity, and the ability to build and enhance tools/dashboards/reports for risk monitoring, monitor exposures, risk metrics, P&L, and mandates.

What is the company culture like at SFM for the Market Risk Analyst position?

SFM fosters an ownership mindset, encouraging professionals to challenge the status quo, innovate, take initiative, and engage in continuous growth and constructive debate, while operating as a unified team with autonomy and cross-team collaboration.

What makes a strong candidate for the Market Risk Analyst role?

A strong candidate is a curious and intellectually agile individual who thrives in a collaborative environment, offers broad exposure across asset classes, engages with portfolio managers, and embraces a growth mindset for continuous learning.

Verition Fund Management

Multi-strategy hedge fund for investments

About Verition Fund Management

Verition Fund Management is a hedge fund that employs multiple investment strategies to manage assets for institutional investors, such as pension funds and high-net-worth individuals. The firm focuses on various strategies including Credit, Fixed Income Macro, Convertible Volatility Arbitrage, Event Driven, Equity Long Short Capital Markets, and Quantitative Strategies. Their approach involves dynamic capital allocation, allowing them to adapt to changing market conditions and aim for absolute returns. Verition differentiates itself from competitors through its collaborative work environment and a strong emphasis on risk management, utilizing both internal and external analyses to maintain disciplined investment practices. The company's goal is to generate positive returns for its clients while fostering a culture of creativity and cooperation among its team.

Greenwich, ConnecticutHeadquarters

2008Year Founded

$1,397.3MTotal Funding

VENTURE_UNKNOWNCompany Stage

Quantitative Finance, Financial ServicesIndustries

51-200Employees

Benefits

Remote Work Options

Risks

Emerging hedge funds using AI may outperform Verition's traditional strategies.

Regulatory scrutiny could impact Verition's fee structures and transparency requirements.

Geopolitical tensions may disrupt Verition's fixed income and equity investment strategies.

Differentiation

Verition employs a multi-strategy approach, offering diverse global investment strategies.

The firm has a collaborative environment fostering creative investment ideas.

Verition's sophisticated risk management ensures disciplined investment practices.

Upsides

Verition benefits from increased interest in ESG investing for sustainable investment strategies.

AI-driven trading platforms enhance Verition's quantitative strategies and risk management.

Alternative data sources provide Verition unique insights for competitive market predictions.

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