Long/Short Equity Risk Analyst

Key Responsibilities: Monitor and analyse risk across a portfolio of external Long/Short Equity managers operating through separately managed accounts. Evaluate portfolio exposures, including gross and net exposure, factor sensitivities, sector and industry concentration, single-name risk and liquidity. Conduct performance attribution and risk-return analysis to understand portfolio positioning, strategy behaviour and key drivers of returns. Identify emerging risks, concentration build-ups and potential drawdown scenarios across individual managers and the wider equity portfolio. Produce regular risk reports and portfolio analytics to support investment oversight and senior management decision-making. Engage with external managers to understand portfolio positioning, investment strategies, changes in exposures and evolving market risks. Support stress testing, scenario analysis and sensitivity analysis across individual portfolios and aggregated exposures. Collaborate with internal investment, risk and technology teams to enhance monitoring capabilities, reporting processes and analytical tools. Contribute to the ongoing development of risk frameworks, limits and early-warning indicators across the external manager platform.

Candidate Requirements: Approximately 2–5 years of experience in equity risk, portfolio risk, investment risk or a closely related analytical role. Strong understanding of Long/Short Equity strategies and the associated market, factor, concentration and liquidity risks. Experience analysing portfolio exposures, investment performance and risk metrics. Familiarity with separately managed accounts, external manager oversight or multi-manager investment platforms would be advantageous. Strong analytical skills and the ability to interpret complex portfolio data and translate findings into actionable insights. Proficiency in Excel and experience working with portfolio analytics or risk management systems. Programming experience in Python, SQL or similar tools would be beneficial. Strong communication skills, with the confidence to engage with investment professionals and challenge risk positions constructively.