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Quantitative Equity Risk Analyst
OppenheimerFunds
New York, NY, United States
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Company Description
OppenheimerFunds values the talented and diverse workforce we've cultivated over the years. Our nearly 60-year history includes a strong tradition of providing innovative investment ideas and a world-class experience for the individuals, institutions and financial advisors we serve. Our strong foundation is built on collaboration, creativity, and the extraordinary people who play an integral role in our success every day.
Job Description
OppenheimerFunds is seeking a quantitative risk analyst within the equity risk team. The ideal candidate will have an advanced degree in a quantitative discipline and experience in portfolio management or risk management. The role will support and enhance independent oversight of equity funds managed by the firm, including the generation of risk reporting and analysis for the various investment teams and risk committees and to undertake quantitative projects on a regular basis. A further key component of the role will be to develop and utilize data science techniques in partnership with other areas of the business to aid successful portfolio construction. There will be extensive engagement with others on the risk team and with the investment teams to fully understand the portfolio management process and how risk can be effectively integrated to improve portfolio design. The successful candidate will have strong numerical, quantitative and interpersonal skills, be able to work effectively in a team environment and an ability to communicate complex issues clearly, concisely and effectively. Innovative use of technology and an ability to easily manipulate large sets of data, analyzing in creative and insightful ways will be a key attribute for success.
Responsibilities:
• Enhance and maintain the measurement and reporting of risk and performance, both quantitative and qualitative
• Develop analytics that help support the portfolio management process
• Facilitate and enhance portfolio managers’ understanding of risk and portfolio exposures through the use of comprehensive risk metrics and techniques (e.g. stress testing, scenario analysis, VaR and other tail-risk measures etc.)
• Develop and utilize analytical resources to support risk management through the use of BARRA, RiskMetrics, FactSet, Bloomberg and others tools
• Prepare risk analytics and commentary to support regular internal risk meetings
• Monitor fund risks and exposures to ensure they are within the approved guidelines, communicating positioning accordingly and facilitating resolution of any related breaches
• Work with other business units (e.g. Marketing, Product) to help meet their analytical requirements
• Build strong relationships with other risk analysts and understand areas where you can quickly add value to existing processes
Qualifications
• Graduate degree in a quantitative discipline (Statistics, Econometrics, Mathematics, Finance etc.)
• Strong understanding of data science related concepts and data manipulation techniques
• Solid understanding of market risk concepts and statistical techniques (CAPM, MPT, VaR, multi-factor risk models, regression, tracking error, correlation, beta, volatility, PCA etc.) and their relevant application
• Programming skills including Excel VBA and statistical software packages (e.g. “R”, Python)
• 1-3 years experience in a portfolio management, quantitative analyst or risk management role at an asset management firm is desirable
• Excellent communication and presentation skills
• Highly organized and able to adhere to tight deadlines
• Strong team player and self-starter with ability and initiative to research projects independently if required.
• Chartered Financial Analyst (CFA) or Financial Risk Manager (FRM) designation is desirable
• Experience with the BARRAOne or RiskMetrics models is a plus
• Experience of other analytical tools (e.g. Bloomberg, FactSet, Morningstar Direct, Spotfire)
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Additional Information
We are a dynamic firm that values teamwork and collaboration, and true to our history, we encourage independent thinking and provide ample opportunities for our people to stand out and make a difference. With offices in New York, Denver, Rochester and Dallas, we work hard to turn our unconventional wisdom into value for investors and pursue excellent results for ourselves and our firm. Learn more about the culture and opportunities at OppenheimerFunds here: https://careers.oppenheimerfunds.com
OppenheimerFunds and its subsidiaries and affiliates provide equal employment opportunity to all qualified individuals without regard to age, color, disability, gender, marital status, national origin, race, religion, sexual orientation, gender identity and expression, physical or mental disability, genetic predisposition or carrier status, veteran status, or any other characteristic protected by law in all employment functions including recruitment, evaluation, selection, promotion, compensation, benefits, training, and termination of employment.
Note that this posting is intended for individual applicants. Search firms or agencies should visit our vendor management partner at http://www.recruitalliance.com for more information about doing business with OFI.