Risk Manager - Fixed Income, Currency & Commodities

Hudson River Trading is hiring a Fixed Income, Currency & Commodities Risk Manager for its NYC office. You will be responsible for monitoring, managing, and communicating market and liquidity risk across multiple asset classes and geographies. You will be tasked with owning and managing all aspects of risk faced by the firm, while gaining exposure to the fast-paced world of automated trading and the opportunity to work with exceptionally talented people from all aspects of the business. 

This will be a challenging role with a wide remit and would suit a highly motivated candidate with a solid understanding of the importance of risk management within a trading environment. The right candidate will be equally comfortable working alone or as part of a wider team and will have the ability to pick up new concepts quickly.

Responsibilities

• Monitor market risk, operational and liquidity risk, and work with Execution Trading to take remedial measures in case of a breach
• Understand and advise senior management on the nuances of systematic fixed income strategies (basis trades, relative value trades, statistical arbitrage) for newly deployed strategies  
• Design new risk measures for systematic macro strategies that appropriately control market, operational, and funding risk without disrupting trading activity
• Analyze historical measures in order to calibrate thresholds
• Onboard new strategies, assess the relevant risks to the firm, and implement appropriate risk metrics
• Investigate the source of risk limit breaches and coordinate with operations and trading teams to resolve them
• Assist in designing new tools for online performance 
• Evaluate bespoke trading opportunities
• Work on tactical projects with finance, operations, and engineering

Qualifications

• B.S. in Mathematics, Physics, Economics, Computer Science, Electrical Engineering or Statistics
• 5-10 years of experience as a Risk Manager focused on fixed income strategies. Additional experience in currency or commodities is a plus. 
• Experience working in an investment bank, hedge fund, or asset manager required
• Knowledge of arbitrage trading, treasury basis and funding spread trades, timing strategies based on yield curve modeling, and long/short hedge fund strategies
• Working knowledge of Python, Linux, SQL
• Ability to communicate effectively with stakeholders across the firm including traders, operations, and other risk managers
• Excellent written and verbal communication skills

Annual base salary range of $150,000 to $250,000. Pay (base and bonus) may vary depending on job-related skills and experience. A sign-on and discretionary performance bonus may be provided as part of the total compensation package, in addition to company-paid medical and/or other benefits.