Equity Long Short Risk Manager bei Verition Group LLC

Verition Fund Management LLC ("Verition") is a multi-strategy, multi-manager hedge fund founded in 2008. Verition focuses on global investment strategies including Global Credit, Global Convertible, Volatility & Capital Structure Arbitrage, Event-Driven Investing, Equity Long/Short & Capital Markets Trading, and Global Quantitative Trading.

Job Title: Equity Long Short Risk Manager

Location: New York, NY

Key Responsibilities:

* Strategy coverage: Equity Long Short 
* Continuously monitor portfolio exposures, stress test scenarios and evaluate risk metrics
* Undertake position and portfolio oversight - concentration, leverage, liquidity, correlation etc across equity positions and strategies
* Work closely with PMs and other stakeholders including risk teams to align risk management processes with investment objectives
* Lead all PM interviews for all Long Short Equity PM candidates
* Ensure adherence to risk limits and internal policies
* Provide regular and adhoc reports to senior mgmt, investment committee and stakeholders
* Model validation and enhancement - working closely with Equity Portfolio Researcher and Central team
* Team management - improving bench-strength, continuous team development and general team management

Requirements:

* Minimum 8 years' relevant risk mgmt experience in financial sector with a focus on equity markets, ideally in a multi-strategy HF, investment bank or asset mgmt firm
* Experience building factor hedge baskets and building an optimizer 
* Demonstrated ability and proven track record of working closely with businesses and to lead/mentor other risk team members 
* Exceptional ability to articulate complex risk concepts to diverse stakeholders 
* Deep understanding of risk measures and market conventions
* Willingness and desire to be hands-on and roll-up sleeves role