Credit Risk Manager - Discretionary Macro & Fixed Income

The Role

We are seeking an exceptionally skilled Risk Manager to serve as a key member of our DMFI Credit team based in New York City. We are looking for someone with 5-10 years of experience in risk management, specifically within credit products, high yield, investment grade credit, and mortgage-backed securities (MBS). A successful candidate will help to oversee risk assessments, develop risk management strategies, and ensure effective risk monitoring and reporting.

What You’ll Do

Key responsibilities will include:

Risk Assessment: Conduct comprehensive risk assessments for credit products, including Securitized Products, Structured Credit, high yield, investment grade credit, and MBS, to identify potential risks and develop mitigation strategies.

Risk Management: Develop and implement risk management frameworks and strategies to manage and mitigate risks associated with credit products.

Monitoring and Reporting: Monitor risk exposures and market conditions, providing regular reports and updates to senior management and stakeholders.

Collaboration: Work closely with cross-functional teams, including trading and portfolio management, to integrate risk management practices into business operations.

Data Analysis: Utilize quantitative and qualitative data analysis to support risk management decisions and strategy development.

What You’ll Bring

What you need:

• Experience: 5-10 years of experience in risk management, with a focus on credit products, high yield, investment grade credit, and MBS.
• Technical Skills: Strong analytical skills and proficiency in risk management tools and software, with expertise in Python.
• Industry Knowledge: In-depth knowledge of credit markets.
• Communication: Excellent communication and interpersonal skills, with the ability to present complex information clearly and concisely.
• Education: Bachelor's degree in Finance, Economics, or a related field; advanced degree or professional certification (e.g., CFA, FRM) is a plus.
  
  

Who We Are

Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.

Our Culture

At Schonfeld, we’ll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas—at all levels—to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm’s walls.

The base pay for this role is expected to be between $200,000 and $250,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.