Market Risk Manager

Job Description:

Private Markets Risk Manager needed for an alternative assets advisory firm across private credit, private equity, real assets, and hedge funds. This individual will have senior level responsibilities for the collection, organization and analysis of large scale non-public data on private markets. This will include leading two existing teams:

• Data Team – Responsible for monitoring private funds and their underlying investments, managers and companies within the investing universe across private credit, private equity, real assets and real estate investments. This person will translate imperfect, non-standardized datasets into actionable analyses and contribute to investment insights and theses.
• Risk Team – Invests directly in credit investments, this team is responsible for monitoring contractual deliverables from borrowers and for the collection, extraction, validation, and storage of borrower financial information. This person will oversee risk monitoring and our capture of deal characteristics.

This position will work out of the Chicago or New York office, and will have regular interaction with global colleagues and clients, including managing a global team.

Responsibilities:

• Lead and develop a global team of private markets risk and data analytics professionals, setting high analytical standards, review standards, and best practices.
• Own the processing of large volumes of data to identify trends in performance; empowering investment recommendations, client reporting, and market-wide analysis.
• Design, evolve and refine risk and analytics models and frameworks in partnership with asset class research teams, including anomaly detections, scenario analysis and stress testing.
• Partner with clients to understand and address their risk and analytics needs.
• Monitor areas of potential risk for products, including diversification testing, investment guidelines, and underperforming investments.
• Engage with GPs to enhance data quality and coverage.
• Collaborate with Technology and Data teams to further develop internal databases and analytics platforms on improved usage of collected data.

Qualifications:

• 5-8 years in a data, analytics, reporting, or risk leadership role. Preference for those with exposure to private markets (private equity, private credit, real assets, or multi-asset alternatives)
• Demonstrated track record building or leading a central reporting or data analytics function.
• Proven experience leading and developing high-performing analytical or data teams.
• Hands-on familiarity with private markets data structures.
• Strong command of performance measurement and analytics for private markets (IRR, TVPI, DPI, PME, attribution frameworks, benchmark construction).
• Ability to balance and prioritize needs across investments, operations, risk, and distribution.
• High standards for accuracy, controls, and documentation, with a pragmatic approach to delivering iterative improvements.