Equity Long Short Risk Manager

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 :

Salary Range

$150,000-$200,000 USD