Head of Risk - Alphagrep Global Capital

Job Description

Alphagrep Global Capital is seeking a Head of Risk to lead its global fund risk management function. The successful candidate will ensure comprehensive risk oversight and reporting in full compliance with regulatory standards. This role involves leading the firm’s risk management function, developing and maintaining risk frameworks, designing robust risk reporting, conducting stress testing, collaborating with portfolio managers, and ensuring compliance with UK regulatory requirements.

Responsibilities include:

• Leading the risk management function and ensuring rigorous oversight of various risks.
• Developing and maintaining risk frameworks and methodologies.
• Designing and implementing robust risk reporting in collaboration with central risk and engineering teams.
• Contributing to enhancing and automating risk management processes.
• Conducting stress testing and scenario analysis.
• Collaborating with portfolio managers to provide real-time risk insights.
• Ensuring compliance with UK regulatory risk reporting requirements and industry best practices.
• Contributing risk reporting, recommendations, and insights to stakeholders.

Requirements include:

• Minimum of 10 years of experience in risk management within a quantitative hedge fund or proprietary trading firm.
• Deep understanding of risk methodologies across equity market-neutral, quantitative futures/macro, and options-based strategies.
• Expertise in VaR-based models, Barra models, stress testing, and option risk metrics.
• Strong programming, database, and automation skills, particularly in Python and data science tools for risk analytics.
• Professional certification in risk management (e.g., FRM, PRM) preferred.
• Strong knowledge of UK regulatory risk reporting requirements and best practices.
• Excellent communication skills.

The role offers:

• Competitive compensation.