Weiss Asset Management (WAM), an investment firm in Boston, is seeking Risk Reporting Analysts to join the risk team. Analysts will analyze data to manage daily risk reporting across our investment portfolio and will triage incoming requests for reporting improvements, coordinating with the software team to construct reporting prototypes. Analysts will also acquire deep familiarity with our risk system (RiskMetrics) and will be expected to troubleshoot risk modelling issues and add and change scenarios in the system. Successful analysts will use their data science backgrounds to contribute in a meaningful way to the growth of a centralized risk management team.

Proficiency in SQL and Python is desired. No prior finance experience is required and 2023 graduates are encouraged to apply.

Responsibilities

• Run the full risk reporting production process and work with RiskMetrics to improve investment risk analysis results
• Ensure accurate and effective implementation of risk models and improvements
• Upload and maintain traded securities on the risk engine on a daily basis
• Run risk analysis through stress testing and scenario shocks, and identify, investigate and reconcile outliers
• Design, automate and provide reports for the Head of Risk, portfolio managers and traders
• Take ownership of documentation of risk assumptions and settings used for the risk systems

About the Company:

For 30 years, Weiss Asset Management has developed proprietary value-based investment strategies designed to deliver high risk-adjusted returns to our investors, who include charitable foundations, pension plans, endowments, hospitals, government entities and private investors. We manage approximately $3.1 billion across hedge funds and institutional accounts. We work collaboratively to solve problems, and to identify undervalued assets through deep fundamental research, statistical analysis and an analytically rigorous approach to decision making. Above all else, we value integrity, uncompromising rationality, creativity and entrepreneurship, and continuous learning and improvement.

Our team of over 100 individuals is the engine of our success and we welcome truly exceptional candidates from all backgrounds.

WAM is a fit for you if:

• You enjoy a collaborative environment, where decisions are made in diverse teams. At WAM, all employees can expect to work directly with members of other departments representing a range of backgrounds.
• You work well in a flat structure and are comfortable voicing dissenting opinion. Talent and work ethic will dictate what you can achieve at WAM, as evidenced by the fact that our president and the majority of our managing directors began their careers here as interns.
• You are driven to constantly learn, improve, and make rational decisions based in fact and data, and you welcome receiving feedback as well as sharing knowledge with others.
• You prioritize acting ethically in all situations.

WAM is an equal opportunity employer. Women, minorities, people with disabilities, and veterans are encouraged to apply.