Market Risk Manager
FULL TIME - HYBRID
Role in Brief
Opportunik Global Fund seeks an experienced Market Risk Manager to oversee market risk identification, measurement, and control across Opportunik’s investment and trading units. The ideal candidate will be responsible for managing risk across a multi-asset portfolio that includes FX, Equities (Developed and Emerging Markets), Fixed Income, Structured Products, Alternatives, Commodities, and Digital Assets.
The role involves building and maintaining a comprehensive market risk framework, developing robust risk analytics, and ensuring strong governance and reporting standards are met across all asset classes.
About Opportunik Global Fund & Advisory
Opportunik Global Fund is a Mauritius-based licensed fund management company, with a mission to unlock prosperity for Africans through alternative investments. Its Advisory affiliate (Opportunik Advisory) uses complex data, research and technical analyses to advise private clients (retail and institutions) on global asset classes with upside potential. It also receives and executes capital raise mandates across Africa.Opportunik Global Fund is a Cayman Islands registered private fund giving Africans & Diasporans access to global investments.
Mode of Engagement
Full-time with a probation period of 6 months.
Primary Job Location
Hybrid
Reporting Line
Chief Investment Officer and, Head of Treasury and Trading
Roles and Responsibilities
Risk Identification
- Ensure that all market risk exposures across FX, Equities (Developed and Emerging Markets), Fixed Income, Structured Products, Alternatives, Commodities, and Digital Assets are identified and captured in daily risk reports.
- Identify market risks proactively during the approval process for new asset classes, product launches, and complex trades.
- Serve as a strategic risk advisor within the Investment Committee, offering detailed insight into multi-asset risk considerations.
Risk Measurement
- Design and implement a framework to measure and monitor all relevant market risks across FX, Equities, Fixed Income, Structured Products, Alternatives, Commodities, and Digital Assets—including VaR, non-VaR, stress testing, and capital risk metrics.
- Produce and validate daily exposure reports across all asset classes, ensuring data accuracy and full compliance with the fund’s internal standards.
- Enhance asset-specific measurement methodologies and implement refinements as markets, regulations, or investment strategies evolve.
Risk Control
- Enforce adherence to internal policies and market risk frameworks.
- Participate in annual and ad hoc market risk limit reviews.
- Reconcile risk exposures and PnL with traders, portfolio managers, and CIO daily.
- Investigate valuation and PnL discrepancies across units.
- Sign off on daily VaR and market risk metrics.
- Implement new controls in line with evolving regulations or business requirements.
Risk Reporting & Monitoring
- Monitor positions against defined limits (daily) and escalate breaches immediately.
- Provide daily market risk commentary and highlight key changes in risk exposure.
- Contribute to daily, weekly, and monthly risk reports (qualitative + quantitative).
- Develop risk reporting templates for new products and asset classes.
Risk Management
- Provide expert advice to the investment and trading units in optimizing risk profiles across FX, Equities (Developed and Emerging Markets), Fixed Income, Structured Products, Alternatives, Commodities, and Digital Assets.
- Conduct daily oversight and risk reviews of transactions, positions, and strategies within each of these asset classes.
- Ensure that each asset class is assessed through a robust, fit-for-purpose risk methodology and integrated into a unified risk reporting framework.
Market Risk Analysis
- Maintain active knowledge of risk exposures across all core asset classes, including macro-driven and idiosyncratic risk events.
- Understand capital and risk dynamics unique to each asset class and how they impact overall fund performance.
- Perform asset-specific risk analysis to inform strategic decisions and provide tailored insight to portfolio managers and the CIO.
Deal Oversight & Stakeholder Engagement
- Participate in product development, complex trade reviews, and change processes.
- Engage regularly with the investment and trading teams to discuss key risks.
- Help define and track Key Indicators (KIs) and lead remediation of audit findings.
- Promote market risk awareness through direct engagement, circulars, and training.
Skills Set and Values
- Analytical Thinking: Demonstrated ability to dissect complex financial instruments and risk dynamics.
- Intrapreneurship: Proactive ownership and initiative to improve systems.
- Stakeholder Management: Strong relationship-building across front, middle, and back office.
- Ethical Judgement: High integrity, discretion, and professional responsibility.
- Regulatory Acumen: Strong grasp of local and international market risk regulations.
- Calm Under Pressure: Maintains composure and clarity in high-stakes environments.
Experience and Qualifications
- 5–7 years in market risk, financial risk, or compliance within capital markets.
- Deep knowledge of FX, fixed income, equities, and digital asset risk.
- Familiarity with VaR models, stress testing, capital adequacy.
- Prior experience with risk analytics software (e.g., Bloomberg, RiskMetrics, Python/R, Excel VBA).
- Membership in professional bodies (e.g., FRM, CFA, PRMIA) is a strong advantage.
Remuneration and Perks
- Competitive salary aligned with global industry benchmarks.
- Access to premium work tools and platforms.
- Comprehensive health insurance coverage.
- Birthday and parental leave allowances.
- Full salary during leave periods.
- Exclusive staff investment opportunities.
- High level of autonomy and strategic engagement.
