Quantitative Risk Manager

Position Summary

Two Sigma is a leading quantitative investment management and trading firm. The company applies a scientific approach to investing, combining cutting-edge technology, artificial intelligence, data science, and quantitative research with rigorous human inquiry to capitalize on market opportunities and deliver alpha for investors.

Our team of engineers, quantitative researchers and data scientists looks beyond the traditional to test hypotheses and develop creative solutions to some of the world’s most complex economic problems.

The Risk Management team (Risk) independently oversees the firm's risk exposures across model, market, execution, operational, and regulatory dimensions. We seek to: identify and estimate risks, eliminate undesirable exposures, and ensure the firm can take calculated positions within its mandates.

We're looking for a quantitative risk professional to develop automated analytics and oversight tools for the team. You'll support existing risk processes while independently proposing, developing, and delivering new projects. The work combines quantitative data analysis, financial instrument expertise, and large-scale distributed computing with a strong emphasis on automation. You'll collaborate across the organization with modelers, portfolio managers, engineers, and senior leadership, and will have daily opportunities to create impact by surfacing insights related to our systematic trading strategies.

You Will Take On The Following Responsibilities

• Analyze portfolio performance and risk exposure. Monitor market conditions and estimate their impact on our positions. Prepare and present reports on risk drivers and performance.
• Monitor trading behavior and proactively identify issues that may present risks to Two Sigma’s investors. Analyze data to identify trends, correlations, root causes and impact of various production events.
• Develop deep knowledge of our systematic modeling and trading platforms and the global markets they operate in. Build new metrics, tools, and dashboards; improve risk processes through automation.
• Document, perform, and improve operational processes, with an eye towards automation.
• Improve our businesses by proactively analyzing data and by collaborating regularly on initiatives with partners including modelers, portfolio managers, traders, and investor-facing teams.

You Should Possess The Following Qualifications

• BA/BS or higher in computer science, applied mathematics, financial engineering, or a related technical field, with 3–7 years of experience.
• Strong programming skills (Python, Java, or equivalent), proficiency in UNIX/Linux, shell scripting, and data analysis tools.
• Experience delivering small-to-medium quantitative projects with multiple collaborators, including reporting and process design. Example projects may include analyzing portfolio performance during historic tail events. They may also include stress testing a future hypothetical market scenario. Additionally, a report categorizing the root causes of several operational incidents might be prepared.
• Clear communicator who can convey complex ideas to diverse audiences.
• Independent thinker comfortable with context switching, ambiguity, and managing open project scopes and open questions; willing to question assumptions.
• Meticulous attention to detail and intellectual curiosity.
• Interest in learning deeper knowledge of risk management including various aspects of financial risk, risk related to automated trading strategies, technology risk, and legal & regulatory risk.
• Prior trading, risk management, or complex financial instruments experience is a plus.

You Will Enjoy The Following Benefits

• Core Benefits: Fully paid medical and dental insurance premiums for employees and dependents, competitive 401k match, employer-paid life & disability insurance
• Perks: Onsite gyms with laundry service, wellness activities, casual dress, snacks, game rooms
• Learning: Tuition reimbursement, conference and training sponsorship
• Time Off: Generous vacation and unlimited sick days, competitive paid caregiver leaves
• Hybrid Work Policy: Flexible in-office days with budget for home office setup

The base pay for this role will be between $175,000 and $225,000. This role may also be eligible for other forms of compensation and benefits, such as a discretionary bonus, health, dental and other wellness plans and 401(k) contributions. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.

We are proud to be an equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteri