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The John D. and Catherine T. MacArthur Foundation

Manager, Portfolio Risk and Alpha Strategies

LocationChicago, Illinois
SetupHybrid
LevelSenior
Posted1d ago
Finance & Administration

Quick answer

The John D. and Catherine T. MacArthur Foundation is hiring a senior Manager, Portfolio Risk and Alpha Strategies (Chicago, IL) with a base salary of $225,000 - $292,500 and a comprehensive benefits package.

Role
Manager, Portfolio Risk and Alpha Strategies
Organization
The John D. and Catherine T. MacArthur Foundation
Location
Chicago, Illinois
Work setup
Hybrid
Level
Senior
Compensation
$225,000 - $292,500
Category
Finance & Administration

The role

The Manager, Portfolio Risk and Alpha Strategies manages the day-to-day operation of the Foundation’s portfolio risk analytics, manager return and factor decomposition, and portable alpha program. The role involves working closely with the Deputy CIO and contributing to the annual asset allocation process.

What you'll do

  • Operate the Foundation’s portfolio risk management framework
  • Decompose and analyze external manager returns
  • Participate in the Risk Committee
  • Manage the Foundation’s counterparty risk
  • Contribute to the annual asset allocation process
  • Partner with the Operations team on data and analytics infrastructure

What it takes

  • Undergraduate degree in a quantitative field
  • CFA charterholder preferred
  • 7 to 10 years of investment management experience
  • Experience with institutional risk management
  • Hands-on experience with derivatives and manager underwriting
  • Advanced Excel and Python proficiency

What you'll bring

Portfolio risk managementFactor and currency exposure analysisPerformance attribution and alpha-beta separationDerivatives trading and managementData and analytics infrastructure developmentAI and machine learning in investment management

How we treat you

Comprehensive benefits package including incentive bonus, health, and well-being support

Frequently asked questions

Where is the job located?

The job is based in Chicago, Illinois, with a hybrid work schedule.

What is the compensation package?

The base salary ranges from $225,000 to $292,500, with an incentive bonus of up to 130% of the base salary.

What are the key qualifications?

Candidates should have a Master's degree, 7 to 10 years of investment management experience, and a CFA charterholder preference.

How do I apply?

Applications should be submitted by February 28, 2024, through the Foundation’s official application portal.

Is the job remote?

The position is hybrid, with a mix of in-office and remote work.

How to apply

Apply directly on The John D. and Catherine T. MacArthur Foundation's site. We link straight through — no resume parsing, no profile to fill out.

Apply now →

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