Summary
Location
New York
Salary
$160k - $250k
Type
full-time
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About this role
Senior Risk Analyst - Fundamental Equities
As a member of our Equity Risk Management team, you will work closely with the leader of the group to establish and monitor trading parameters, risk guidelines, and performance metrics for Portfolio Managers. Over time, you will partner daily with our Portfolio Managers to conduct onboarding interviews and ongoing risk analysis while also collaborating with other functional groups within the firm.
Principal Responsibilities
- Grow into full risk coverage of company strategies in equity products under the Head of RVFE Risk, including: Interviewing prospective PMs and setting up and managing risk limits; Evaluating trade ideas; Communicating with traders on regular basis.
- Close monitoring of risk drivers across the portfolios under coverage responsibility, and direct communication with management or PMs when these grow beyond established tolerances
- Research and determine P&L drivers
- Automate processes and perform ad hoc analyses
Qualifications/Skills Required
- 3-7 years+ of experience in equity analytics or risk function, preferably at another financial institution. The role can be tailored somewhat based on the candidate’s level of experience.
- Knowledge of equity products, markets, and trading strategies
- Strong quantitative/analytical/statistical analysis skills
- SQL, Python (or R), and Excel skills preferred; familiarity with Tableau a plus
- Results-oriented and fast paced
- Highly analytical with strong problem-solving skills
- Strong written and verbal communications with the ability to communicate with traders and senior management
- Ability to work independently and in ambiguous environments
- Degree in a technical or quantitative field; Advanced degrees in Financial Engineering or similar field preferred
The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.
Other facts
About Millennium
Millennium is a global, diversified alternative investment firm, founded in 1989, which manages $83.5 billion in assets. Defined by evolution, innovation and focus, Millennium's mission is to deliver high-quality returns for our investors.
Millennium seeks to empower talented professionals with the sophisticated expertise, resources and technology to pursue a diverse range of investment strategies across industry sectors, asset classes and geographies.
See our community guidelines at: mlp.com/guidelines
Read our disclosures at: https://www.mlp.com/disclosures/
What you'll do
- The Senior Risk Analyst will establish and monitor trading parameters, risk guidelines, and performance metrics for Portfolio Managers. Responsibilities include interviewing prospective PMs, evaluating trade ideas, and monitoring risk drivers across portfolios.
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