Equity Long/Short Risk Analyst

Overview

A multi-strategy, multi-manager hedge in New York is looking to appoint a Equity Long/Short Risk Analyst

The Risk team provides independent oversight and strategic partnership across the firm’s investment portfolios and strategies.  Risk managers are specialists aligned to individual businesses, with deep knowledge of their markets, strategies and key risk drivers. The team works closely with Portfolio Managers and senior investment leadership to assess exposures, leverage, liquidity, concentration, correlation and other portfolio risks; develop stress scenarios and risk models and provide analysis that informs investment decisions and portfolio construction. Risk also plays a central role in the Firm’s investment risk review and capital allocation processes – helping to ensure that risk is appropriately understood, capital is deployed efficiently and portfolios remain aligned with the Firm’s objectives and risk appetite.

Key Responsibilities

• Strategy coverage: Equity Long/Short.
• Monitor portfolio exposures, run stress test scenarios, and track risk metrics.
• Support position and portfolio oversight — concentration, leverage, liquidity, correlation — alongside the Equity Long/Short Risk Manager.
• Build working relationships with portfolio managers on day-to-day risk questions.
• Produce regular and ad hoc risk reports for senior management, the investment committee, and other stakeholders.
• Support model validation and enhancement work in partnership with the Equity Portfolio Researcher and Central team.
• Help ensure adherence to risk limits and internal policies.

Skills, Knowledge & Experience

• 4–5 years of relevant risk management experience in the financial sector with a focus on equity markets.
• Buyside experience preferred.
• Proficiency in Python and SQL; familiarity with AI tools.
• Familiarity with risk models and market conventions (e.g., Barra factor models).
• Excellent written and verbal communication skills, with the ability to build rapport with portfolio managers and articulate risk concepts clearly.
• High level of intellectual curiosity, strong work ethic, and a keen attention to detail.
• Ability to work effectively in a team-oriented, fast-paced, and dynamic environment.