Selby Jennings - New York, NY
posted 5 months ago
A pioneering multi-billion dollar Credit Hedge Fund is seeking a Quant Risk Analyst to join their expanding team in New York City. This newly created position will report directly to the Chief Risk Officer (CRO) and is designed for candidates who are eager to contribute to a tight-knit team that has established itself as an industry leader over the past decade. The fund specializes in various investment strategies, including Credit Relative Value (Credit RV), Credit Long/Short (Credit L/S), Capital Structure Arbitrage, and Credit Derivatives proprietary trading. The ideal candidate will have a strong background in quantitative risk and research, with 2-5 years of relevant experience. This role requires collaboration with front office quants and portfolio managers (PMs) to develop custom risk and pricing models, as well as analytics that will influence portfolio construction and hedge strategies. Given the collaborative nature of the team, the Quant Risk Analyst will also take on the role of a quant/investment strategist, providing valuable insights and advice to front office teams. Candidates should possess a Master's or PhD in a quantitative discipline and have a solid understanding of high yield (HY) and investment grade (IG) credit, credit default swaps (CDS), credit indices (CDX), global equities, equity derivatives, and rates derivatives. Experience in developing risk and pricing models, as well as creating desk tools and dashboards for PMs, is essential. Proficiency in programming languages such as Python and SQL is also required to succeed in this role.