Risk Analyst

Risk Analyst

Norwalk, Connecticut, United States

Graham Capital Management, L.P. (collectively with its affiliates, "Graham") is an alternative investment manager founded in 1994 by Kenneth G. Tropin. Specializing in discretionary and quantitative macro strategies, Graham is dedicated to delivering strong, uncorrelated returns across a wide range of market environments. As one of the industry's longest-standing global macro and trend-following managers, Graham remains committed to innovation, evolving its strategies through a robust investment, technology, and operational infrastructure. Graham harnesses the synergies between its discretionary and quantitative trading businesses to offer a broad suite of complementary alpha strategies, each built on the principles of thoughtful portfolio construction, active risk management, and diversification by design. Graham invests significant proprietary capital alongside its clients – including global institutions, endowments, foundations, family offices, sovereign wealth funds, investment management advisors, and qualified individual investors – reinforcing alignment of interests across all strategies.

The foundation of Graham's sustainability and success is the experience and contributions of its people. The firm seeks to cultivate talent, encourage the diversity of ideas, and respect the contributions of all. In turn, each employee shares in the responsibility of strengthening those around them.

Description

The Risk Analyst will monitor markets and risk measures to ensure Graham's funds operate within intended risk limits. The analyst will prepare materials used by the Chief Risk Officer ("CRO") to keep firm management, investors, and traders informed of the risks being taken by portfolio managers. The ideal Risk Analyst is a motivated, self-driven individual who seeks to learn more about the dynamics of the financial markets and the inner workings of a macro hedge fund. A successful candidate is eager to learn the key risk parameters and calculations for everyday risk management, while also building an extensive knowledge base of products within the fixed income, commodities, FX, and equity indices spaces.

Responsibilities

• Prepare risk review materials for discussion with the CRO
• Review all fund positions, identify concentrated exposures, and highlight results of stress tests
• Provide risk oversight and support for portfolio managers. Ensure that all risk takers understand their risk concentrations. Provide support on trade sizing and portfolio construction
• Maintain risk limits for portfolio manager trade execution platforms
• Review materials to be distributed to investors for consistency and correctness
• Monitor markets and economic data
• Decompose and explain drivers of monthly P&L for portfolios
• Perform ad hoc statistical and other quantitative analysis on markets and portfolios
• Aid in the technical development of internal risk management systems

Requirements

Master's degree in Finance, Financial Risk Management, Economics or a related quantitative field and 1 year of experience in the job or a related position. Education, experience or training to include:

• Risk management or finance/economics
• Using Microsoft Excel to perform financial modeling
• Using Bloomberg for risk management analysis

Location: Graham Capital Management, L.P., 40 Highland Avenue, Rowayton, CT 06853

Salary: The anticipated salary range for this position is $120,000 - $155,000. The anticipated range is based on information as of the time this post was generated and does not include any discretionary bonus or benefits (see eligibility below). The applicable annual base salary or hourly rate paid to a successful applicant will be determined based on multiple factors, including without limitation the nature and extent of prior experience, skills, and qualifications. This wage range may be modified in the future.

In addition, the employee who fills this role will be eligible for a discretionary annual bonus, as well as a wide array of benefit programs, such as medical and life insurance, 401(K) plans, and access to other healthcare programs.