Risk Analyst

Graham Capital Management, L.P. ("GCM") manages assets on behalf of global pensions, sovereign wealth funds, endowments and foundations, investment management advisors and qualified individual investors. GCM manages quantitative and discretionary trading portfolios with a variety of return and volatility objectives, as well as blended portfolios that include a combination of quantitative and discretionary strategies. Strategies trade a broad range of markets spanning global interest rates, currencies, commodities and equities and are designed to produce attractive absolute and risk-adjusted returns with low correlation to traditional assets and other alternative strategies.

The foundation of GCM’s sustainability and success is the experience and effectiveness of its people. The firm cultivates talent, encourages the diversity of ideas, and respects the contributions of all. In turn, each employee shares in the responsibility of strengthening those around them. We recognize and respect the power of collaboration, and believe transparency and openness to new ideas leads to innovation.

Description

Graham Capital Management, L.P. is seeking a Risk Analyst to join our Risk Management team. The analyst will monitor markets and risk measures to ensure Graham’s funds operate within intended risk limits. The analyst will prepare materials used by the Chief Risk Officer to keep firm management, investors, and traders informed of the risks being taken by portfolio managers. The ideal Risk Analyst is a motivated, self-driven individual who seeks to learn more about the dynamics of the financial markets and the inner workings of a macro hedge fund. The successful candidate is eager to learn the key risk parameters and calculations for everyday risk management, while also building an extensive knowledge base of products within the fixed income, commodities, FX, and equity indices spaces.

Responsibilities

• Prepare risk review materials for discussion with the CRO
• Review all fund positions, identify concentrated exposures, and highlight results of stress tests
• Provide risk oversight and support for portfolio managers. Ensure that all risk takers understand their risk concentrations. Provide support on trade sizing and portfolio construction
• Maintain risk limits for portfolio manager trade execution platforms
• Review materials to be distributed to investors for consistency and correctness
• Monitor markets and economic data
• Decompose and explain drivers of monthly P&L for portfolios
• Perform ad hoc statistical and other quantitative analysis on markets and portfolios
• Aid in the technical development of internal risk management systems

Requirements

• A background in risk management or finance/economics
• 1-3 years of practical work experience, not necessarily in risk management
• A keen interest in learning about securities markets and how portfolio managers use them to express trade ideas
• A commitment to the highest ethical standards
• Strong written and verbal communication skills to inform managers and other stakeholders of results
• Proficiency in Microsoft Excel is required

Our current hybrid work arrangement requires that all employees commute into our office Mondays through Thursdays, with the option to work remotely on Fridays. This policy is subject to change.

Base Salary Range

The anticipated base salary range for this position is $110,000 to $140,000. The anticipated range is based on information as of the time this post was generated. The applicable annual base salary or hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience, skills, and qualifications.

Base salary or rate does not include other forms of compensation or benefits offered in connection with the advertised role.

GCM is committed to providing equal employment opportunity to all employees and applicants for employment without regard to their race, color, religious creed, gender, age, national origin, ancestry, alienage, citizenship status, handicap, disability, marital status, sexual orientation, gender identity, pregnancy, childbirth or other related conditions, military status, genetic information, or any other personal characteristics protected by applicable law. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, layoff, termination, transfer, leave of absence and compensation.