Senior Risk Manager – Macro

 Senior Risk Manager – Macro

Company Description

Soros Fund Management LLC (SFM) is an investment firm and family office with approximately $28 billion in net assets under management.  SFM is the principal asset manager for the Open Society Foundations (OSF), which was founded by George Soros and is one of the largest charitable foundations in the world. OSF supports civil society groups across the world and promotes justice, human rights, democracy, education, public health, and independent media. SFM has approximately 200 employees and is headquartered in New York City with offices in London, Dublin and Hong Kong. The majority of the assets are managed internally, and SFM can invest globally in a wide range of investment strategies and asset classes, including equities, credit, fixed income, macro and private equity.

Position Overview

The role of the Senior Risk Manager is to provide oversight of firmwide macro risk including responsibility for both Internal and External managers investing across a broad range of investment styles such as discretionary, systematic, and relative value strategies. The individual is expected to maintain a close relationship with the investment teams, balancing the need for independent risk control with the provision of insightful analysis.

The ideal candidate will have experience across multiple asset classes including interest rates, FX and equities and a detailed understanding of pricing and risk models including extensive knowledge of options. They will blend a strong analytical ability with good communication skills in order to positively influence the investment process.

Reports To

CRO

Key Relationships

Portfolio Managers, Risk Management, External Manager Selection, Valuation Team

Major Responsibilities

• Identification and communication of risk through reporting, commentary, and analysis.
• Setting / monitoring risk limits and dealing with exceptions.
• Development of risk methodologies related to sensitivities, scenario analysis etc.
• Provision of analytical insight to portfolio managers related to risk factors and return drivers.
• Detailed understanding of the current macro environment and risks to aggregate fund.
• Contributions to quantitative framework used to guide portfolio construction and asset allocation.
• Coordination with technology to productionize processes.

Requirements

• 15+ years of experience in a risk management or trading role.
• Degree in analytical subject, understanding of statistics, pricing models and risk methodology.
• Comprehensive knowledge across macro products including extensive derivatives experience.
• Natural problem solver with ability to communicate quantitative concepts clearly and concisely.
• Effective communicator with ability to build rapport across investment professionals and senior management.
• Thrives in a team-oriented environment.
• Proficiency in Python and SQL beneficial.

Core Values

In all respects, needs to reflect the following SFM core values:

• Integrity
• Teamwork
• Smart risk-taking
• Owner’s Mindset
• Humility

Salary & Benefits

We anticipate the base salary of this role will be $200,000-300,000.  In addition to a base salary, the successful candidate will also be eligible to receive a discretionary year-end bonus.  Available benefits include (i) a daily meal allowance, (ii) health, vision, dental and disability insurance, (iii) a generous PTO and parental leave policy, and (iii) an employer-sponsored 401k plan (eligible for employer matching).