Equity Volatility Risk Manager

Overview: A leading multi-strategy investment firm is seeking an Equity Volatility Risk Manager to support its equity volatility business. The role will focus on monitoring and managing risk across single-stock volatility strategies, working closely with portfolio managers and traders to assess exposures, optimize portfolio construction and ensure disciplined risk-taking. This is an opportunity for a technically strong risk professional to operate in a dynamic, front-office environment with direct exposure to investment decision-making. Monitor and manage risk across equity volatility portfolios, with a particular focus on single-stock options and volatility strategies. Analyse portfolio exposures, including Greeks, implied volatility, volatility skew, correlation, vega and other relevant risk measures. Conduct scenario analysis, stress testing and sensitivity analysis to assess portfolio performance under different market conditions. Partner closely with portfolio managers and traders to evaluate positions, identify emerging risks and support informed trading decisions. Develop and enhance risk analytics, reporting tools and monitoring frameworks to improve transparency and risk oversight. Assess concentration, liquidity, event and gap risks across individual positions and broader portfolios. Challenge risk-taking where appropriate, providing independent insight into portfolio exposures and potential downside scenarios. Contribute to the ongoing development of risk infrastructure, methodologies and processes as the business evolves. 8+ years of experience in risk management within a hedge fund, proprietary trading firm, investment bank or similar financial institution. ~ Strong understanding of equity derivatives, options pricing and volatility trading strategies. ~ Practical experience analysing single-stock options and volatility exposures, including Greeks, vega, skew and volatility surfaces. ~ Strong knowledge of stress testing, scenario analysis and portfolio risk measurement. ~ Ability to work directly with portfolio managers and traders in a fast-paced, front-office environment. ~ Strong quantitative, analytical and problem-solving skills, with proficiency in risk systems and data analysis tools. ~ Excellent communication skills and the confidence to engage with investment professionals on complex risk matters.