What are the responsibilities and job description for the Prime Brokerage Risk Manager position at Goldman Lloyds?
Director, Prime Brokerage Risk Manager
Leading Investment Bank
New York
We are working with a leading investment bank to hire a Director-level Prime Brokerage Risk Manager based in New York. This is a front office facing role requiring strong quantitative skills and hands-on experience managing risk across hedge fund client portfolios.
The Role
- Own and manage prime brokerage risk across a portfolio of hedge fund clients
- Develop and enhance margin methodologies, stress testing frameworks, and portfolio risk models
- Assess counterparty exposure, financing concentration, and leverage stability across client portfolios
- Negotiate and review legal documentation — prime brokerage agreements, ISDA, margin lockups
- Work closely with trading, credit risk, and legal teams on risk solutions and client mandates
- Present risk analysis and recommendations to senior management
What We Are Looking For
- 8 years in prime brokerage risk, securities financing risk, or counterparty risk at an investment bank
- STEM degree from a top tier university — mathematics, statistics, physics, financial engineering, or computer science preferred; advanced degree (Masters or PhD) a strong plus
- Strong quantitative background — demonstrated ability to build and own risk models from scratch
- Experience across equity and fixed income financing, derivatives, and margin methodology
- Comfortable working directly with hedge fund clients and senior internal stakeholders
Salary : $200,000 - $250,000