Risk Associate

Millennium•New York, NY

3d•$160,000 - $250,000•Onsite

About The Position

We are searching for an experienced and dynamic professional to join our Equity Volatility risk team. In this position, they will be responsible for helping to drive the risk management framework for our equity derivatives portfolios New York, ensuring robust risk controls, and driving initiatives to manage and mitigate risks effectively. The ideal candidate will have a background in trading equity derivatives, risk management, or derivatives structuring with strong analytical skills, and work in a fast-paced, complex trading environment.

Requirements

3+ years of experience in M&A investment banking
Strong analytical, financial modeling, and presentation skills
Ability to synthesize large amounts of information and communicate clear conclusions
Strong commercial judgment and attention to detail
Interest in hedge funds, portfolio construction, and risk management
Personable, collaborative, and comfortable working across teams
Experience evaluating companies, industries, and transaction risks
Programming skills are required; Python preferred

Responsibilities

Support the team in analyzing portfolio, business, and capital risks across investment activities
Assist with due diligence and ongoing reviews of portfolio managers, strategies, and risk exposures
Help prepare materials for senior management on portfolio performance, risk concentrations, and key vulnerabilities
Analyze positions, exposures, and themes across portfolios to identify potential areas of concern
Contribute to risk reviews tied to market events, company-specific developments, and broader portfolio changes
Work with senior team members to assess stress scenarios, concentration risks, and capital usage
Support the buildout of reporting, analytics, and tools used in the risk management process
Partner with investment, risk, and technology teams on ad hoc analyses and strategic projects