Chief Risk Officer

Massar Capital is a discretionary macro manager founded in 2015 with approximately $1.3 billion assets under management as of March 1st 2023. Massar was awarded Best Macro long-term performance Fund by HFM US Performance Awards in 2022.

Our team members combine strong technical skills with a passion for problem solving and an intellectual curiosity about financial markets. We are looking for an experienced Chief Risk Officer that has hands-on experience building, maintaining and overseeing the risk management efforts of a Hedge Fund. The CRO will be working closely with the executive leadership team to ensure the strategic vision of Massar is developed with consideration of the risks involved.

This position could be based in our New York, NY or our Stamford, CT office.

Primary Responsibilities:

• Oversee the risk management infrastructure and implement best in class risk management processes
• Analyze portfolio and investment risk using various quantitative models/techniques, including VaR, stress testing, scenario analysis, etc.
• Create investor related transparency reports and participate in investor meetings
• Review incorporation of new asset classes into the portfolio and review portfolio managers’ track record
• Develop relationships with key internal and external stakeholders and foster a culture of risk awareness

Requirements

• Bachelor’s Degree in a quantitative discipline as Finance, Mathematics, Engineering, Computer Science, Economics, Finance or a related field with a strong academic record
• Financial Risk Manager (FRM) or similar professional designation is a plus
• Relevant graduate degree in a quantitative discipline is a plus
• 10+ years working in risk management or similar role at a hedge fund or asset management firm
• 3+ years serving in the role of Chief Risk Officer
• Familiarity with the use of risk analysis applications
• Strong quantitative/statistical knowledge with the ability to work on systems and databases (SQL) and proven programming skills (R, Matlab, Python, VBA)
• Knowledge of market risk methodologies such as VaR, stress and sensitivity analysis
• Knowledge of commodities, foreign exchange, equities and fixed income markets
• Deep expertise in derivatives instruments

Non-Technical Skills:

• Detail oriented with very strong leadership, prioritization and organizational abilities
• Effective skills to communicate plans to executive leadership and strong collaboration skills
• Demonstrate reliability, judgement and responsibility

Benefits

• Competitive compensation commensurate with level of experience.
• Comprehensive benefits package including medical, dental, vision, 401(k), insurance, Summer Fridays, and wellness reimbursement.

• Base Salary: $150,000 - $250,000/ yr plus bonus