Quantitative Analyst, Risk

About Man Group

Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent.

Headquartered in London, we manage $172.6 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com.

* As at 31 March 2025

Purpose of the role

The Investment Risk team at Numeric acts as the ‘second line of defense’ for the investment process at Numeric, which systematically manages assets for both equity and fixed income strategies.  With exploding volumes of data, increased customization of client portfolios, and ever-increasing nuance and complexity in how Numeric is seeking to maximize expected return and minimize expected risk, the need to scale our approach to better identify and prioritize risks that warrant close human attention has never been more apparent.

In order to provide the highest value to Numeric, the Investment Risk team engages in the following activities:

• Thinking critically about the investment process in order to provide an independent perspective about what risks are being taken in Numeric portfolios - and communicating insights that may potentially result in enhancements to the investment process in the form of sharper systematic decision making.
• Frequent interaction with the Investment Committee, regular meetings with the various investment teams, and ongoing discourse with Portfolio Managers and Researchers.
• Ongoing care and feeding of the Ultraverse - an internal platform for proprietary risk analytics, designed for the purpose of statistically analyzing the Numeric investment process and the reward to risk trade-offs being made in both signals and portfolios.

We are looking for a person with a strong computational/statistical modeling mindset, a knack for pattern recognition, and a formidable analytical toolkit to join the Numeric Investment Risk team in Boston in the role of Quantitative Analyst, Risk.

The role will report to the Numeric Head of Investment Risk.

In this role, you will:

• Maintain and evolve our Python-based analytics pipeline used daily to assess portfolio risk, factor exposures, and signal behavior
• Support stakeholder needs with thoughtful delivery of scheduled reports, board materials, attestations, and ad hoc analyses—with a strong push to automate wherever possible
• Leverage our world-class GenAI platform and centralized compute resources to accelerate throughput and reduce manual workflows
• Collaborate with central technology, investment teams, and various risk stakeholders—building relationships while staying focused on delivery of whatever gets the job done

Build tools that affords faster insight generation, including:

• Portfolio evaluation dashboards
• Risk decomposition utilities
• Interactive visualization platforms
• Web based analytics

You’ll Thrive in This Role If You...

• Have a background in Computer Science, Applied Math, Engineering, Physics, or similar
• Can write clean, modular Python and are comfortable with pandas, NumPy, file I/O, and automation
• Know how to use git and navigate a Linux/bash environment with confidence
• Love building systems that scale your own thinking
• Enjoy delivering real value quickly—and improving processes over time
• Can balance delivery of recurring tasks with ongoing project work
• Possess an intrinsic drive and an appetite for learning

The following attributes are a must:

• Interest in the ‘why’ behind the investment strategies.
• Strong communication skills – with both humans and machines.
• Ability to decompose large problems into multiple smaller ones.
• Excellent grasp of matrix algebra.
• Positive attitude.
• Growth mindset.
• Unbridled curiosity.
• Willingness to use cutting-edge AI tools.

 

 

Inclusion, Work-Life Balance and Benefits at Man Group
You'll thrive in our working environment that champions equality of opportunity. Your unique perspective will contribute to our success, joining a workplace where inclusion is fundamental and deeply embedded in our culture and values. Through our external and internal initiatives, partnerships and programmes, you'll find opportunities to grow, develop your talents, and help foster an inclusive environment for all across our firm and industry. Learn more at www.man.com/diversity.

You'll have opportunities to make a difference through our charitable and global initiatives, while advancing your career through professional development, and with flexible working arrangements available too. Like all our people, you'll receive two annual 'Mankind' days of paid leave for community volunteering.

Our comprehensive benefits package includes competitive holiday entitlements, pension/401k, life and long-term disability coverage, group sick pay, enhanced parental leave and long-service leave. Depending on your location, you may also enjoy additional benefits such as private medical coverage, discounted gym membership options and pet insurance.

Equal Employment Opportunity Policy

Man Group provides equal employment opportunities to all applicants and all employees without regard to race, color, creed, national origin, ancestry, religion, disability, sex, gender identity and expression, marital status, sexual orientation, military or veteran status, age or any other legally protected category or status in accordance with applicable federal, state and local laws.

Man Group is a Disability Confident Committed employer; if you require help or information on reasonable adjustments as you apply for roles with us, please contact TalentAcquisition@man.com.

Man Group is a global alternative investment management firm focused on pursuing outperformance for sophisticated clients via our Systematic, Discretionary and Solutions offerings. Powered by talent and advanced technology, our single and multi-manager investment strategies are underpinned by deep research and span public and private markets, across all major asset classes, with a significant focus on alternatives. Man Group takes a partnership approach to working with clients, establishing deep connections and creating tailored solutions to meet their investment goals and those of the millions of retirees and savers they represent.

Headquartered in London, we manage $172.6 billion* and operate across multiple offices globally. Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com.

* As at 31 March 2025