Macro Risk Manager

Job description

Overview:

A leading investment firm is looking to hire a Macro Risk Manager to support its macro-focused investment activities. This role sits at the intersection of quantitative analytics and front-office risk-taking, working closely with portfolio managers to assess and manage risks across macro investment strategies. The successful candidate will play a key role in enhancing the firm’s risk infrastructure while contributing directly to investment decision-making.

Key Responsibilities:

• Investment Partnership: Work closely with portfolio managers, researchers, and central risk teams to challenge assumptions, refine portfolio construction, and ensure risk frameworks are embedded into the investment process.
• Portfolio Engagement: Evaluate current positioning, identify emerging risks and how it affects the firm's portfolio.
• Investment Risk Analysis: Interpret and contextualize PnL drivers and risk changes, providing clear explanations of market moves and their impact on macro books across asset classes.
• Risk Methodology: Develop and implement risk metrics tailored to shorter-term systematic strategies; build and maintain monitoring tools for portfolio managers
• Risk Measurement: Produce detailed and forward-looking risk reports that provide a holistic view of exposures across volatility strategies. Ensure reporting captures sensitivities across key dimensions such as vega, gamma, skew, and term structure.
• Stakeholder Engagement: Work across risk, technology, and investment teams to ensure consistency in risk methodologies and alignment with broader firm objectives.

Requirements:

• Extensive experience in a risk management position within a Hedge Fund or Asset Manager.
• Strong understanding of macro products (e.g., Rates & FX)
• Strong experience partnering with Portfolio Managers/Investment Professionals challenging assumptions and engaging in conversation around portfolio construction.
• Proficiency in programming (e.g., Python or similar), with the ability to build analytical tools and manipulate large datasets

Extra information

Status

Open

Education Level

Secondary School

Location

City of London

Type of Contract

Full-time jobs

Published at

20-08-2026

Profession type

Management

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English