Senior Systematic Risk Manager

Balyasny Asset Management

Confirmed live today High trust

Quick summary

Work type
On-site
Location
New York, NY
Salary
$250,000–$300,000 / yr
Posted
124 days ago
Freshness
Confirmed live today

Market check

Salary context

Above market

How this pay compares to similar roles

Similar $192k
This role $275k
$135k $318k
below market most similar roles pay here above market

This role pays more than 95% of similar roles. Most pay $165,112–$219,100 — the blue band above. At the midpoint, this role pays about $275k versus about $192k for comparable roles.

Based on 240 similar postings.

Employer

About Balyasny Asset Management

Balyasny Asset Management (BAM) is a global multi-manager hedge fund offering diversified investment strategies across equities, macro, commodities, and systematic trading.

Balyasny Asset Management currently has 53 open roles on FindRole.

Listed pay typically runs $175,000–$250,000 across 37 roles with salary data.

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View all roles at Balyasny Asset Management

At a glance

TL;DR · Senior Systematic Risk Manager

The Senior Systematic Risk Manager joins the global Systematic Trading business to support portfolio risk management. This role involves conducting daily and intraday analysis on systematic portfolios while reviewing process architecture, simulation, and backtest methodologies. Key responsibilities include refining manager selection, performing crowding analysis, and developing metrics for short-term strategies. The successful candidate will build monitoring tools for portfolio managers and contribute to risk analytics and reporting. Required technical skills include proficiency in Python, C++, or C# and expertise in equity statistical arbitrage and equity factor models. The position requires an advanced quantitative degree and over ten years of experience in quantitative finance. The work focuses on managing systematic trading risks, evaluating risk-reward profiles, and providing research-driven input for global risk committee discussions.

What you'll do

  • Conduct daily and intraday analysis on systematic portfolios.
  • Review process, architecture, simulation, and backtest methodologies for systematic portfolios.
  • Refine manager selection and performance assessment processes focusing on macro drivers and crowding.
  • Develop risk management methodologies and metrics specifically for short-term strategies.
  • Build tools to monitor risk metrics and share them with Portfolio Managers.
  • Provide input and recommendations for weekly Global Risk committee discussions.
  • Advise on whether the firm is being sufficiently rewarded for the risks taken.
  • Contribute to risk analytics, processes, and reporting across the systematic business.

What we're looking for

  • Master's or Doctorate in a quantitative discipline such as Math, Physics, Computer Science, or Financial Engineering.
  • 10 or more years of relevant experience in quantitative finance as a risk manager, portfolio manager, or quant trader.
  • Strong programming skills in Python or C++/C#.
  • Well-versed in equity statistical arbitrage.
  • Familiar with equity factor models.
  • Strong communication, research, and analytical skills with a practical approach to problem-solving.
  • Knowledge of execution algorithms (preferred).
  • Knowledge of market microstructure, transaction cost modelling, systematic macro strategies, LLMs, Machine Learning, or Operational Risk (preferred).

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