Risk Manager - Hedge Fund - DUBAI - Value at Risk (VaR)
The risk managers’ responsibility will be the collection/validation of price and position data and corresponding calculation and reporting of various risk metrics for the groups hedge funds. These risk metrics include Value at Risk and other proprietary measures of risk as well as performance reporting. This position requires a candidate who demonstrates initiative and is expected to incrementally assume additional reporting and analytical activities.
Collect historical price data from various vendor sources as well as create price data series using existing price proxy models. Prepare the daily Value at Risk (VaR) and weekly Risk measurements to quantify risk associated with trading positions. Validate and adjust trade position data as required. Produce/Publish Risk and Performance reports. Ensure that all procedures, policies and controls are documented and followed on a daily basis. Ensure correct risk procedures, policies and controls are in place (in line with a small sized firm)Understanding of financial market products (ie Commodities, FX, Equity, Fixed Income). Exposure to futures & options.
