Risk Associate

Risk Associate We are searching for an experienced and dynamic professional to join our Equity Volatility risk team. In this position, they will be responsible for helping to drive the risk management framework for our equity derivatives portfolios New York, ensuring robust risk controls, and driving initiatives to manage and mitigate risks effectively. The ideal candidate will have a background in trading equity derivatives, risk management, or derivatives structuring with strong analytical skills, and work in a fast-paced, complex trading environment. Responsibilities * Support the team in analyzing portfolio, business, and capital risks across investment activities * Assist with due diligence and ongoing reviews of portfolio managers, strategies, and risk exposures * Help prepare materials for senior management on portfolio performance, risk concentrations, and key vulnerabilities * Analyze positions, exposures, and themes across portfolios to identify potential areas of concern * Contribute to risk reviews tied to market events, company-specific developments, and broader portfolio changes * Work with senior team members to assess stress scenarios, concentration risks, and capital usage * Support the buildout of reporting, analytics, and tools used in the risk management process * Partner with investment, risk, and technology teams on ad hoc analyses and strategic projects Qualifications * 3 years of experience in M&A investment banking * Strong analytical, financial modeling, and presentation skills * Ability to synthesize large amounts of information and communicate clear conclusions * Strong commercial judgment and attention to detail * Interest in hedge funds, portfolio construction, and risk management * Personable, collaborative, and comfortable working across teams * Experience evaluating companies, industries, and transaction risks * Programming skills are required; Python 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.

Salary : $160,000 - $250,000