Risk Manager - Corporate Credit

Job Description

Hudson River Trading is seeking a Corporate Credit Risk Manager to join their team in NYC. The role involves designing, improving, and managing market and liquidity risk for corporate credit-related instruments and strategies. The Risk Manager will oversee all aspects of credit trading risk faced by the firm, collaborating with a dynamic team and gaining exposure to automated trading.Responsibilities include:

• Designing new risk controls for corporate credit trading strategies.
• Monitoring market, operational, and liquidity risk.
• Advising senior management on systematic and semi-systematic credit trading strategies.
• Performing tail risk and stress testing analysis.
• Analyzing historical measures to calibrate thresholds.
• Onboarding new strategies and assessing relevant risks.
• Investigating risk limit breaches and coordinating with teams to resolve them.
• Assisting in designing new tools for online performance evaluation.
• Evaluating bespoke trading opportunities.
• Working on tactical projects with Finance, Operations, and Engineering.

Qualifications include:

• B.S. in Mathematics, Physics, Economics, Computer Science, Electrical Engineering or Statistics.
• 5-10 years of experience as a Risk Manager focused on credit trading strategies.
• Experience working in an investment bank, hedge fund, or asset manager.
• Knowledge of market making and long/short credit trading strategies.
• Working knowledge of Python, Linux, SQL preferred.
• Ability to communicate effectively with stakeholders.
• Excellent written and verbal communication skills.

What Hudson River Trading offers:

• A challenging role with a wide remit across multiple asset classes and investment horizons.