Director of Risk (Fundamental Equity)

Location: New York, New York, United States

Base pay: $225,000–$300,000 before bonus; additional performance compensation and benefits may apply.

Company

Global multi-manager hedge fund investing across Quant, Tactical, Fundamental Equity, and Discretionary Macro & Fixed Income strategies through proprietary technology, infrastructure, and risk analytics.

What you will do

• Oversee North American discretionary equity portfolios daily, monitoring style drift, concentration risks, and stress exposures.
• Serve as the primary risk contact for fundamental equity portfolio managers and provide portfolio oversight and risk coverage.
• Research ad hoc risk and portfolio construction requests from investment professionals and senior management.
• Analyze performance attribution to diagnose problems, support responses to adverse events, and inform capital allocation recommendations.
• Engage with portfolio managers on risk/reward dynamics, drawdowns, and sub-optimal portfolio construction decisions.
• Formulate forward-looking risk views for escalation to firm management and contribute to enhancements and education around proprietary monitoring tools.

Requirements

• Degree in statistics, econometrics, mathematics, or financial engineering.
• 5–10 years of experience in a similar role on the buyside.
• Prior experience with discretionary equity strategies.
• Exceptional problem-solving and analytical skills.
• In-depth knowledge of equity multi-factor models and their applications.
• Proficiency with procedural programming in R or Python.
• Strong communication skills and the ability to explain technical concepts to non-technical audiences.

Culture & Benefits

• Collaborative, teamwork-oriented environment where ideas are encouraged at all levels.
• Learning and educational offerings supporting continual development.
• Opportunities to innovate and make an impact across the organization.
• Internal networks, external partnerships, and service initiatives promoting inclusion and purpose.
• Performance bonus eligibility and a competitive benefits package.