Man is a world-leading alternative investment management business. With a broad range of funds for institutional and private investors globally, it is known for its performance, innovative product design and investor service. Man manages over USD78 billion and employs 1,600 people in 13 countries worldwide.

The original business was founded in 1783. Today, the parent company, Man Group plc is listed on the London Stock Exchange and ranked in the top 40 companies of the FTSE 100 Index, with a market capitalisation of about USD20.7 billion.

Man supports many awards, charities and initiatives around the world, including sponsorship of the Man Booker literary prizes and the Man Group International Climate Change Award. Further information can be found at www.mangroupplc.com.

Man Global Strategies (MGS) invests in a broad spectrum of funds across all strategies from long/short equity managers to convertible bond arbitrage and macro-economic, with exposure to a wide range of instruments and securities, including futures and options, distressed debt and OTC derivatives. The MGS Risk team is responsible for identification, measurement, monitoring and reporting of the market risk exposure of all these investments.

Senior Risk Analyst [Ref: 2198]

The overall purpose of the role is to take responsibility from a risk management perspective for a number of Managed accounts on the MGS platform to provide identification, measurement, monitoring and management of the risks in the portfolios MGS are invested in. The successful candidate will have the opportunity to work within a dynamic team of 11 Risk professionals whilst benefiting from excellent career development prospects.

Responsibilities

• Perform assessment of Hedge Fund manager risk management capabilities both in advance of and throughout the invested period of the fund

• Collect and validate independently calculated risk and performance data

• Produce risk and performance reports utilising 3rd party risk calculation engines plus internal databases

• Identify issues that come to light as a result of the risk analysis and escalate as appropriate on ad hoc and through the Risk Committee forums to Investment Committee

• Contribute to the development of style and product level risk management capabilities

• Work with Risk Management and other teams within MGS to contribute to the successful performance of the underlying MGS products

• Assist in the development, testing and maintenance of risk systems and risk reports

• Provide risk and performance information to support marketing and client reporting

Requirements

• Degree in a numerate discipline - 2:1 or above

• Prior relevant experience within the Risk function of an investment bank or hedge fund

• Detailed understanding of hedge fund strategies

• Experience or theoretical knowledge of market risk management and awareness of limitations

• Willingness to challenge traders and fund managers on positions and strategies

• Competent user of Excel, preferably including Macro programming. Experience with other software packages/ systems such as Bloomberg, VB, SQL and Business Objects would be useful

• Experience of using RiskMetrics would be useful, but not essential

• Attention to detail in order to produce reliable and accurate reports

• Ability to work to tight deadlines within a close