Risk Manager Jobs

About The Position

Requirements

• At least seven years of relevant experience, ideally spanning risk management, portfolio construction, trading, or investing.
• Deep understanding of capital markets and portfolio risk, ideally developed through direct experience working with or managing portfolios.
• Strong knowledge of portfolio construction and optimization, risk models, risk decomposition, position sizing, hedging, portfolio constraints, and market impact modeling.
• Strong quantitative and statistical skills, with the ability to translate analysis into practical investment decisions.
• Proficiency in Python and SQL, with experience working with large financial datasets and developing analytical or research tools.
• Strong intuition for real-world portfolio behavior, including liquidity, positioning, crowding, catalysts, market structure, and changing correlations.
• Excellent communication skills and ability to explain sophisticated quantitative and risk concepts clearly to portfolio managers and senior investment professionals.
• Ability to work effectively in a fast-moving investment environment, independently identify important problems, and move between detailed quantitative research and higher-level portfolio judgment.

Nice To Haves

• Prior experience in a role involving direct investment or trading decisions is strongly preferred.
• Experience in investing, trading, portfolio management, or another role involving direct responsibility for investment decisions and outcomes is strongly preferred.

Responsibilities

• Work directly with portfolio managers to identify and manage portfolio risks, including VaR, market and factor, event, Greek, thematic, concentration, liquidity, crowding, and correlation exposures, as well as other systematic and idiosyncratic risks.
• Advise portfolio managers on portfolio construction, position sizing, hedging, diversification, and risk management to improve portfolio robustness and risk-adjusted returns.
• Analyze portfolio behavior across market environments and stress scenarios, distinguishing intended investment exposures from unintended or inefficient risks.
• Evaluate portfolio performance and sources of alpha through attribution across asset classes, products, Greeks, themes, and positions; identify persistent strengths, weaknesses, and opportunities to improve construction.
• Contribute to platform-level decisions about risk allocation, capital deployment, portfolio constraints, and interactions among PM portfolios within the fund.
• Develop and enhance portfolio construction and optimization methodologies, including alpha combination, risk-model integration, exposure management, turnover and transaction-cost controls, and portfolio constraints.
• Monitor market developments and communicate portfolio risks, opportunities, and positioning implications to portfolio managers and senior leadership.
• Partner with trading to improve execution and implementation efficiency.
• Design and develop Python-based analytical tools, research infrastructure, and automation to improve portfolio analytics and investment workflows.
• Help manage and develop the fund’s central trading and risk management infrastructure.

Benefits

• Comprehensive employee benefits and perks.
• Benefits and support for employees and their families throughout their work-life journey.
• Potential commission earnings, incentive compensation, discretionary bonuses, and other short- and long-term incentive packages, depending on the position.
• Morgan Stanley-sponsored benefit programs.