What are the responsibilities and job description for the Senior Risk Manager - Convertible Arbitrage position at Paragon Alpha - Hedge Fund Talent Business?
Overview:
A leading multi-strategy investment platform is looking to hire an Senior Risk Manager to join its growing risk function in New York. This role offers the opportunity to work closely with investment teams across a broad range of strategies, providing critical oversight and insight into portfolio construction, risk exposures, and performance drivers.
The successful candidate will partner directly with portfolio managers and senior leadership, playing a key role in shaping risk frameworks and enhancing transparency across the platform.
Responsibilities:
- Risk Oversight: Conduct in-depth risk analysis of portfolio exposures across Convertible Arbitrage, identifying key risk drivers and concentrations.
- Investment Partnership: Work closely with portfolio managers, researchers, and central risk teams to challenge assumptions, refine portfolio construction, and ensure risk frameworks are embedded into the investment process.
- Risk Identification: Develop a strong understanding of thematic, fundamental, and event-driven investment strategies across the platform
- Risk Methodology: Enhance and refine risk frameworks, analytics, and reporting tools to improve portfolio oversight and decision-making
- Risk Engagement: Contribute to daily and weekly risk discussions, highlighting emerging risks and performance drivers
Requirements:
- 7-12 years of experience working in a risk management or portfolio management role at a Hedge Fund.
- Deep product understanding of Convertible Arbitrage
- Strong communication skills, with the ability to interact effectively across front office and senior stakeholders.
- Proficiency in programming languages (Python preferred, C /Java also considered)