Hudson River Trading is hiring a Commodities Risk Manager for our NYC office. You will be responsible for designing, improving, managing, and communicating market and liquidity risk for commodities instruments and strategies. You will have a broad mandate to own and manage all aspects of commodities trading risk faced by the firm, while gaining exposure to the fast-paced world of automated trading alongside exceptionally talented people. 

The Risk team is a dynamic, highly collaborative group. As our first Commodities Risk Manager, you will make a tangible impact on a new growth area of HRT’s business. This will be a challenging role with a wide remit across multiple asset classes and investment horizons. 

Responsibilities

  • Design new risk controls for commodities trading strategies (including futures relative value and derivative vs. physical) that appropriately control market, operational, funding and liquidity risk without disrupting trading activity
  • Understand and advise senior management on the nuances of proposed new commodities strategies; investigate and onboard new strategies, assess their risk profile, and make recommendations on both the suitability and feasibility of any new strategies for the firm
  • Analyze historical measures in order to calibrate thresholds 
  • Design & build risk models to appropriately reflect idiosyncrasies of commodities products (e.g. seasonality)
  • Monitor market, operational, and liquidity risk; partner with operations & execution trading teams to investigate & resolve risk limit breaches
  • Collaborate with Operations to develop and implement new risk monitoring tools
  • Evaluate bespoke trading opportunities
  • Work on tactical projects with Finance, Operations, and Engineering

Qualifications

  • 7+ years of experience as a risk manager covering commodities in an investment bank, hedge fund, or asset manager
  • Strong understanding of the commodities landscape (both futures and physical trading), as well as relative value hedge fund strategies 
  • B.S. in mathematics, physics, economics, computer science, electrical engineering or statistics 
  • Working knowledge of Python, Linux, SQL
  • Ability to communicate effectively with stakeholders across the firm including traders, operations, and other risk managers
  • Excellent written and verbal communication skills

Culture

Hudson River Trading (HRT) brings a scientific approach to trading financial products. We have built one of the world's most sophisticated computing environments for research and development. Our researchers are at the forefront of innovation in the world of algorithmic trading.

At HRT we welcome a variety of expertise: mathematics and computer science, physics and engineering, media and tech. We’re a community of self-starters who are motivated by the excitement of being at the cutting edge of automation in every part of our organization—from trading, to business operations, to recruiting and beyond. We value openness and transparency, and celebrate great ideas from HRT veterans and new hires alike. At HRT we’re friends and colleagues – whether we are sharing a meal, playing the latest board game, or writing elegant code. We embrace a culture of togetherness that extends far beyond the walls of our office.

Feel like you belong at HRT? Our goal is to find the best people and bring them together to do great work in a place where everyone is valued. HRT is proud of our diverse staff; we have offices all over the globe and benefit from our varied and unique perspectives. HRT is an equal opportunity employer; so whoever you are we’d love to get to know you.

Apply for this Job

* Required
resume chosen  
Dropbox Google Drive
(File types: pdf, doc, docx, txt, rtf)
Cancel
cover_letter chosen  
Dropbox Google Drive
(File types: pdf, doc, docx, txt, rtf)
Cancel
Self-Identification Form

HRT Cares about fostering diversity of gender identity/expression, sexual orientation, race, veteran and disability status within our organization. We do not discriminate based on any of these factors and any information provided on the following form is kept completely confidential; your interviewers will not see this. In order to track the effectiveness of our recruiting efforts please fill out the survey:

What is your gender? *





Do you identify as transgender? (Select one) *



What is your sexual orientation? *






Are you a veteran? (Select one) *



Do you have a disability? (Select one) *



What race/ethnicity do you identify as? *








Enter the verification code sent to to confirm you are not a robot, then submit your application.

This application was flagged as potential bot traffic. To resubmit your application, turn off any VPNs, clear the browser's cache and cookies, or try another browser. If you still can't submit it, contact our support team through the help center.