Portfolio Risk Manager

About the position

The Portfolio Risk Manager at Cercano Management is responsible for overseeing risk management for both traditional and alternative investment strategies. This role involves identifying investment themes and risks, analyzing their implications, and ensuring appropriate risk levels across portfolios. The manager will engage with investment teams to enhance portfolio construction processes using quantitative tools and will be responsible for creating clear reports and dashboards to communicate risks effectively.

Responsibilities

• Assessing portfolio strategies including reviews of risk positioning relative to client risk and return objectives.
• Developing and maintaining the risk program, process, and communication channels to enable transparency to key stakeholders.
• Collaborating with portfolio managers in the review of portfolio construction and concentrations.
• Engaging with portfolio managers and credit analysts in analyzing investment risks and identifying potential risk scenarios.
• Constructing stress test scenarios and providing analysis of tail risks in portfolios.
• Utilizing analytical tools to understand portfolio betas and to identify correlated positions.
• Creating and overseeing the preparation of analytics needed to evaluate portfolio trends and risk exposures, and proactively detect early warning signs of deterioration.
• Reporting and recommending changes and or actions based on findings.
• Partnering with internal teams such as reporting, analytics and technology to improve and extend existing tools and capabilities.

Requirements

• 5-10 years of relevant risk management / portfolio risk experience applicable to Asset Management / Hedge Fund portfolios
• Experience in assessing risk across multiple asset classes including global equities, fixed income, foreign currency, futures, options, and other listed/OTC derivatives
• Experience in assessing risk within alternative investments including private credit, private equity, venture capital and LP investments
• Advanced knowledge with Excel, SQL and Bloomberg
• Programming skills in coding languages such as Python or VBA preferred
• Deep knowledge of risk platforms (Bloomberg PORT, Blackrock's Aladdin, or other platforms)
• Strong analytical and quantitative skills
• Attention to detail, ability to multi-task and process large amounts of information
• Strong communication skills and ideally prior experience of forming effective partnerships with Portfolio Managers and other internal stakeholders
• Ability to manage multiple tasks, prioritize effectively, meet deadlines, and deliver high quality, accurate work in a fast-paced business
• Ability to work well in a team environment and to work with different departments including technology, financial engineering, operations, trade processing and portfolio management
• Outstanding analytical skills with a proven track record of problem solving in a timely basis

Nice-to-haves

• Post-graduate degree in a quantitative field
• FRM/CFA/CAIA certification preferred

Benefits

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Unlimited paid time off
• Paid holidays
• Paid parental leave
• Company paid life insurance
• Health and Wellness Benefit
• Reimbursement for approved professional development activities