Head of Risk Advisory, North America

MillTech•New York, NY

4d•Onsite

About The Position

MillTech is seeking a commercially driven and technically strong Head of Risk Advisory to lead and scale its new advisory revenue line built around the MillTech Co-Pilot platform. This role sits at the intersection of risk advisory, capital markets expertise, and technology-enabled analytics. You will define, build, and lead a differentiated advisory offering that leverages Co-Pilot to help clients enhance their decision making, optimise hedging strategies, and execute trading programs with confidence across different asset classes. The successful candidate will combine deep expertise in financial risk (Rates, FX, Cash, Fund Finance and broader market exposures) with the ability to translate analytics into actionable client strategies—and crucially, monetise this capability as a scalable e-advisory business. Critically, you will be technically fluent: comfortable working directly with Python-based analytics, derivative pricing models, and risk quantification frameworks, and capable of bridging the gap between the Co-Pilot platform and high-touch client advisory delivery.

Requirements

Proven understanding of interest rate and FX risk management for leveraged and unleveraged portfolios across real estate, infrastructure, private credit, and/or corporate treasury.
Strong command of interest rate and FX derivative instruments: vanilla and structured IRS, cross-currency swaps, caps, floors, swaptions, FX forwards and options.
Proficiency in Python for financial analysis — specifically: derivative pricing (QuantLib or equivalent), yield curve bootstrapping (OIS, SOFR, SONIA curves), Monte Carlo simulation for scenario/cash flow at risk modelling, and VaR / CVaR calculation methodologies.
Experience with sensitivity analysis frameworks: DV01, BPV, delta/gamma for options books, and portfolio-level Greeks aggregation.
Ability to build, interpret, and quality-control financial models in Python and/or Excel (VBA), including stress testing and scenario analysis.
Familiarity with data platforms and analytics tools (e.g. Bloomberg, Refinitiv, or similar), and comfort working with structured financial datasets.
8–12+ years of experience in financial risk advisory, derivatives, treasury, capital markets, or debt advisory.
Proven track record of building client relationships and generating revenue in a fee-based advisory or structuring context.
Experience structuring, modelling, and executing derivative transactions for institutional clients.
Ability to communicate complex quantitative concepts clearly to non-technical stakeholders and senior decision-makers.
Experience working with or alongside technology platforms and analytics tools as part of an advisory workflow.

Responsibilities

Lead and commercialise MillTech’s Co-Pilot Advisory offering as a defined revenue stream.
Develop the go-to-market strategy, productise the service and develop pricing models.
Identify target client segments, build a pipeline and convert opportunities into long-term client engagements.
Collaborate cross-functionally with Product, Tech, Quant, Sales, and Leadership teams.
Act as a senior escalation point and trusted advisor for key clients/ Lead client conversations on Interest Rate, FX, and broader market risk exposures.
Support clients in developing and implementing hedging and risk management strategies aligned to their portfolios and risk appetite.
Translate complex analytics — including sensitivity outputs, scenario results, and VaR metrics — into clear, actionable insights for senior stakeholders and boards.
Embed the MillTech Co-Pilot platform at the core of all advisory services.
Bridge the gap between quantitative modelling and commercial decision-making.
Use Python and Co-Pilot to build and deliver bespoke client analytics, including: yield curve construction and bootstrapping (OIS/SOFR/SONIA), Monte Carlo simulation for cash flow at risk and scenario analysis, derivative pricing (IRS, caps/floors, FX options), DV01/BPV/delta-gamma sensitivity calculations, and portfolio-level stress testing and scenario analysis.
Provide feedback into product development to enhance Co-Pilot capabilities based on client needs.
Structure and advise on derivative transactions and hedging solutions (primarily interest rate and FX, with exposure to inflation/commodities where relevant).
Conduct quantitative and qualitative analysis of client portfolios, including hedge ratio optimisation and counterparty exposure assessment.
Establish MillTech as a thought-leader in tech-enabled risk advisory.