Intern: Investments – Risk Management
The 10 week Summer Internship Program is designed to provide an introduction to the alternative investment industry. Interns receive real-world experience that will foster professional development while complementing their studies. Internships in the Investments department are geared towards rising seniors pursuing a career in the investment management industry.
The Risk Management Team partners with the Research and Portfolio Management teams to perform quantitative assessments of investment strategies, investment managers, hedge funds and portfolios. The team also conducts the qualitative and quantitative analysis of existing and potential investments in hedge fund managers and develops new methods for manager and portfolio risk assessment and sizing. The Risk Management Team spends significant time working with GCM Grosvenor’s Software Development Team to build, test and serve as business-user experts of both GCM Grosvenor’s proprietary systems and third-party solutions.
Listed below are some of the duties that you may perform during the summer intern program as a quantitative risk strategist:
- Develop and utilize quantitative risk analytics and models for manager assessment and portfolio management
- Use and enhance existing risk management applications that help identify risks in Grosvenor’s managed portfolios and approved hedge fund investments.Design and deliver new reporting used for risk and performance monitoring and analysis and investment skill assessment.
- Perform monthly monitoring of Grosvenor’s managed portfolios and approved hedge fund investments for compliance with risk reporting triggers and guidelines.
- Track, analyze, and interpret trends in specific strategies and the related capital markets.
- Assess new investment strategies and monitor current conditions within existing strategies utilized by the firm.
- Participate in weekly department and investment team meetings.
- Participate in special projects as needed.
- Familiarity with Bloomberg or other capital markets industry tools is a plus.
- Pursuing a Bachelor’s Degree in Computer Science or equivalent degree, preferably with coursework in Finance, Economics, and/or Mathematics and a superior grade point average.
- Experience programming, preferably in Python, C# and/or R. Other acceptable languages include Ruby, Java, Matlab, and Hadoop.
- Familiarity with automated testing frameworks in Python, C# and/or R, pytest, NUnit, and/or testthat , within classroom projects or outside job experience is a strong plus.
- Exposure to full testing lifecycle management and SDLC; namely Agile SDLC processes.
- Interest in and knowledge of the investment industry, particularly the alternative investment industry.
- Demonstrated initiative and ability to work in a fast paced, changing environment.
- The ability to articulate your thoughts in a clear and concise manner to both clients and staff through written correspondence, presentations and/or meetings.
- The ability to take control and manage tasks independently to closure.
- Attention to detail and concern for quality of final product (and ability to balance that concern with deadlines).
- Excellent work ethic. High degree of integrity and the ability to recognize the requirements of confidentiality.
- Team player, self-starter, and independent thinker.
- The ability to manage multiple tasks simultaneously in a cross functional team environment.
- Outstanding decision making and problem solving