Job Opportunity

VP – Risk Management

Grosvenor Capital Management | Chicago, IL

Job Summary

$27 billion AUM hedge fund company. Develop and utilize quantitative risk analytics and models for manager assessment and fund management. Bachelor’s degree in a quantitative field. 5+ years of experience in quantitative risk management with an asset manager or financial institution.

Details

We are seeking a Vice President with primary responsibility for quantitative risk management. This person will join a team of seven other Risk professionals. The team works closely with other investment and operational professionals throughout GCM Grosvenor which includes both our public and private markets businesses. Importantly, the Risk Management Team spends significant time working with GCM Grosvenor’s Information Technology Team (specifically, Software Development) to build, test and serve as business-user experts of both GCM Grosvenor’s proprietary systems and third-party provided solutions.

The Risk Management VP will report to the Head of Risk Management and will work closely with other senior team members and play an active role in the development of junior team members.

The successful candidate must have strong interpersonal presence and be a clear communicator, capable of discussing GCM Grosvenor’s approach to risk management, responding to client needs both in written and oral form, and be comfortable with public speaking.

The Risk Management Team has four core responsibilities:

• Assist in the underwriting and monitoring of investments.
• Assist in the construction and monitoring of GCM-managed portfolios.
• Create aggregated risk reports and asset class allocation studies for GCM Grosvenor’s clients. and
• Develop and maintain technology tools with GCM Grosvenor’s IT Team.

The Risk Management VP will be involved in all of these areas, but likely will focus initially on portfolio construction and systems.

Specifically, the role will be involved in the following critical activities:

• Developing and utilizing quantitative risk analytics and models for manager assessment and fund management (familiarity with positions-based systems such as RiskMetrics, TruView, Alladin, etc, is critical).
• Assisting portfolio managers with portfolio construction theory and providing ad-hoc risk analysis (e.g. custom stress tests) as needed.
• Creating client deliverables (including risk aggregation and asset allocation analyses) and presenting at client meetings.
• Conducting qualitative due diligence of underlying investment managers’ risk management practices.
• Delivery of risk management assessments of current and potential managers to senior investment and business professionals. and
• Perform related duties as assigned

Desired Skills and Experience

The individual in this position should have experience working in the financial industry. The ideal experience and critical competencies for the role include the following:

• Bachelor’s degree in a quantitative field required. Advanced degree in a quantitative field a plus.
• 5-8 years of experience in quantitative risk management with an asset manager or financial institution.
• * Experience in risk management in the alternative asset management industry is a plus.
• * Risk management experience, as an institutional investor (e.g., a foundation or endowment) would also be compelling.
• Experience with programming (R, MatLab, Python), as well as the practical implementation of models is required.
• Excellent written and oral presentation skills. capable of explaining risk management process and practices in an accessible manner. Specifically, the ability to articulate clearly and communicate effectively with non-quantitative professionals.
• Ability to work both independently and as a productive team member.
• Demonstrated initiative, desire and ability to work in a fast paced, changing environment.
• High degree of integrity.
• Dedicated work ethic and commitment to team and goal-oriented environment.
• Outstanding organization, decision making and problem solving skills.
• Flexibility and adaptability to various changing working conditions based on the priorities of senior management.
• Ability to balance multiple concurrent projects.

In terms of cultural fit, the successful candidate will be self-motivated and be energized by working amongst a group of thoughtful, smart, fast-paced and successful colleagues. He or she will enjoy being a part of an organization focused on excellence and will be a naturally collaborative individual who enjoys interacting with individuals at all levels. Additionally, he/she will be a strong team player with a proactive approach and the ability to take initiative with discretion and judgment.

About this company

GCM Grosvenor is one of the world’s largest and most diversified independent alternative asset management firms, with over $50 billion in assets under management as of June 30, 2015. The Firm’s investment management and advisory services span public and private markets, focusing on hedge funds, private equity, infrastructure and real estate. GCM Grosvenor launched its first investment portfolio, a multi-manager portfolio of hedge funds, in 1971.

GCM Grosvenor specializes in developing customized investment programs tailored to each client’s specific investment goals. The Firm also creates portfolios that provide specialized exposures and structures. GCM Grosvenor’s global client base includes public and private pensions, sovereign wealth entities, banks, corporations, insurance companies, charitable organizations, endowments and high net worth individuals. The Firm strives to provide comprehensive, transparent client service.

GCM Grosvenor has six offices globally and multiple regional offices staffed by approximately 450 professionals.

Click here for details on this job.

Click here for details on this job

• Job Reference #: 96581095
• Min Education: BA/BS
• Min Experience: 5 years