Senior Quantitative Researcher Risk System Lead

Senior Quantitative Researcher Risk System Lead

Bracebridge Capital, LLC is a leading alternative asset manager with approximately $12 billion of net assets under management. The firm pursues investment strategies primarily within the global fixed income markets with the objectives of capital preservation and absolute return without significant correlation to equity, interest rate and foreign exchange markets. Established in 1994, Bracebridge manages private investment funds that serve endowments, foundations, pension funds and other institutional and high-net-worth investors.

Approximately 160 employees operate from our office located in Boston's historic Back Bay. The entrepreneurial and collaborative culture at Bracebridge rewards and supports motivated, dedicated, enthusiastic and intellectually curious individuals. We believe our firm's greatest asset is the people who work here.

Primary Responsibilities

• Lead and manage the development / enhancement of the in-house fixed income pricing platform used for portfolio and risk management
• Develop a comprehensive understanding of and own the daily scenario-based Risk System production process, including model development, data pipelines, database structure, C++ analytics, and report generation
• Identify and explain sources of large daily sensitivity and scenario PL changes and discrepancies
• Build accountability-based business process to monitor daily Risk System runs, utilizing Researchers and Quantitative Developers
• Pinpoint issues with data and / or analytics and direct junior members of the group to resolve them
• Implement and manage the changes and enhancements to the models, scenario definitions and other parts of the risk system to incorporate new state variables and risk factors
• Collaborate with Portfolio Managers on pricing and scenario analysis for rates, credit, and ABS positions

Qualifications

Current anticipated annual base salary range : $200,000 - $300,000

Base salary within the range will be determined by various factors including but not limited to the individual's experience, skills and qualifications.