Our client is a liquid alternatives/hedge funds and private markets boutique based in London. They are looking for a risk contractor to join their team covering model quantitative risk.
Responsibilities:
*Establish governance and validation frameworks for quantitative models used across the firm’s investment strategies and fund vehicles
*Identify, measure, and monitor risks arising from model use, including model error, obsolescence, and potential misapplication
*Ensure all models are properly validated, documented, and that their limitations are clearly understood by end users
*Provide oversight to ensure models remain fit-for-purpose and compliant with regulatory expectations
*Develop and maintain sophisticated mathematical models that measure financial risks across the firm’s portfolio, including value-at-risk (VaR), stress testing, factor exposure analysis, and portfolio risk metrics
*Build and enhance quantitative frameworks that support real-time risk measurement and scenario analysis across both liquid and illiquid fund strategies
*Develop and maintain pricing models across multiple asset classes relevant to the firm’s offerings, including liquid hedge fund strategies, private credit, private equity, infrastructure, and other alternative assets
*Ensure accurate and consistent valuation methodologies across all fund vehicles, with particular attention to the differences between daily-priced UCITS funds and periodic NAV calculations for evergreen/semi-liquid private markets vehicles