Executive Director, Senior Equity Risk Manager

Omni is a multi-manager hedge fund platform, overseeing a portfolio of high-quality trading teams, specializing in long/short fundamental equities, quantitative, and non-correlated (“orthogonal”) trading strategies. The Fund, by design, is a market and factor managed platform covering of all the major GIC industries, quantitative equity and futures trading strategies (diversified across time horizons) and independent, relative value strategies with well-behaved distributional properties. The Fund’s primary investment objective is to provide investors consistent and attractive risk-adjusted returns with low correlation to global capital markets by investing in a variety of investment strategies and employing principles that seek to maximize active risk, minimize inter-manager correlations and manage overall volatility levels.

The Fund management team seeks to achieve this investment objective by engaging and overseeing multiple investment managers and their respective portfolios, each of which is expected to operate within pre-existing investment and risk guidelines, employing one of the three broad strategies. The team allocates capital using a modified equal risk contribution methodology, targets total Fund volatility levels through the efficient gross deployment of capital, and manages unwanted market and factor exposures using an internally managed central trading layer portfolio.

The Senior Equity Risk Manager will be joining the Central Trading and Risk Management team of a multi-manager, market-neutral equity hedge fund. This team partners directly with portfolio managers to optimize portfolio construction, manage risk, develop quantitative investment tools, and improve investment performance across the platform. This is a highly analytical and market-oriented role at the intersection of risk management, portfolio construction, quantitative research, and investing.

As a senior member of the team, this individual will work closely with the Chief Investment Officer, Chief Risk Officer, Business Development team, and individual Portfolio Managers across the platform, while also playing a significant role in managing and developing the fund’s central trading and risk management infrastructure. The Senior Equity Risk Manager thinks like an investor and portfolio manager, while bringing the analytical discipline and independence required of a senior risk professional. The successful candidate is intellectually curious, collaborative, and enjoys solving complex investment problems using data and quantitative methods. They are equally comfortable discussing a portfolio's factor and concentration risks with a fundamental PM, building an empirical framework to test a portfolio-construction hypothesis, evaluating a new systematic alpha signal, and working through the optimization and execution details required to put that signal into production.

Responsibilities

• Work directly with PMs to identify and manage portfolio risks, including factor, industry, thematic, concentration, liquidity, crowding, correlation, event, and other sources of systematic and idiosyncratic exposure.

• Advise PMs on portfolio construction, position sizing, hedging, diversification, and factor management, with the objective of improving portfolio robustness and risk-adjusted returns.

• Analyze portfolio behavior across different market environments and stress scenarios, distinguishing intended investment exposures from unintended or inefficient risks.

• Evaluate portfolio performance and sources of alpha, including attribution across factors, sectors, themes, and individual positions; identify persistent strengths, weaknesses, and opportunities to improve portfolio construction.

• Contribute to platform-level decisions regarding risk allocation, capital deployment, portfolio constraints, and the interaction of individual PM portfolios within the overall fund.

• Research, develop, and evaluate alpha signalsusing market, fundamental, alternative, positioning, and other relevant datasets.

• Develop and enhance portfolio construction and optimization methodologies, including alpha combination, risk-model integration, exposure management, turnover and transaction-cost controls, and portfolio constraints.

• Monitor market developments and proactively communicate portfolio risks, opportunities, and positioning implications to portfolio managers and senior leadership.

• Partner with trading to improve execution and implementation efficiency.

• Design and develop Python-based analytical tools, research infrastructure, and automation that improve portfolio analytics and investment workflows.

Requirements

• A minimum of 8-10 years of relevant professional experience in equity risk management, quantitative investing/research, systematic investing, portfolio management, trading, or fundamental or quantitative equity investing. Prior experience in a role involving direct investment or trading decisions is strongly preferred.

• Deep understanding of equity markets and portfolio risk, ideally developed through direct experience working with or managing market-neutral, factor-constrained equity portfolios.

• Strong knowledge of portfolio construction and optimization, factor models, risk decomposition, position sizing, hedging, portfolio constraints, and market impact modeling.

• Strong quantitative and statistical skills, with the ability to conduct rigorous empirical research and translate the results into practical investment decisions.

• Proficiency in Python and SQL, with experience working with large financial datasets and developing production-quality analytical or research tools.

• Experience with systematic alpha research, portfolio optimization, execution research, or quantitative equity strategies is highly desirable.

• Prior experience in investing, trading, quantitative research, or another role involving direct responsibility for investment decisions and outcomes is strongly preferred.

• Strong intuition for how portfolios behave in real markets—not simply how they appear within a risk model—including liquidity, positioning, crowding, catalysts, market microstructure, and changing correlations.

• Excellent communication skills and the ability to explain sophisticated quantitative and risk concepts clearly to Portfolio Managers and senior investment professionals.

• Ability to operate effectively in a fast-moving investment environment, independently identify important problems, and move comfortably between detailed quantitative research and higher-level portfolio judgment.

Who you are

• Operates with a strong sense of ethics and integrity in your interactions with others and decision making.

• Takes accountability and ownership in your work with a focus on long-term value creation.

• Track record of fostering a culture of honesty, transparency and accountability within teams.

• Proven ability to collaborate across teams to deliver optimal solutions for clients.

• A passion for innovation, with a continuous improvement mindset to drive excellence.

• Respect for individual differences, with an openness to diverse perspectives.

• Engagement in community service, volunteering or corporate citizenship initiatives.

• Commitment to mentoring and supporting professional growth of others.

WHAT YOU CAN EXPECT FROM MORGAN STANLEY:

At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.

To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices​ into your browser.

Expected base pay rates for the role will be between $200,000 and $300,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.

Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.

For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo.