Investments Risk, Principal

GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $97 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.

About the role

The Investments Risk team is seeking an experienced professional to help shape investment and portfolio decisions across the firm's hedge fund activity. You will use quantitative risk analysis—including alpha decomposition, stress testing, and optimization—to inform manager evaluation, position sizing, and asset allocation. This role involves building and applying risk tools and analytics, contributing to both internal risk oversight and external investor reporting.

You will join an established Investments Risk team that has built the firm's core proprietary risk and attribution models, optimization frameworks, alpha analysis, and client reporting infrastructure. While the foundation exists, there is room to evolve, expand, and re-architect this infrastructure as the platform and strategies develop. The work is a mix of well-defined tasks and open-ended problems, requiring initiative to identify and solve issues without always having a predefined roadmap.

This role offers autonomy in approach and is ideal for a self-starter who thrives in an environment where not all assignments are fully specified. As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays, and Thursdays.

Responsibilities

• Build and maintain quantitative risk models and analytics used to evaluate hedge fund investments—including factor and alpha decomposition, stress testing, and scenario analysis—working with large, structured datasets (e.g., SQL, data lake environments) and using Python and AI-assisted tools as appropriate.
• Contribute to risk and portfolio construction analysis to support manager evaluation and investment decisions.
• Monitor and interpret risk exposures, factor trends, and capital markets conditions relevant to specific hedge fund strategies.
• Partner with portfolio managers and the Investment Committee on portfolio risk monitoring and construction decisions across GCM's hedge fund platform.
• Design and deliver risk and performance reporting for internal use and investor/client transparency requests, including polished presentation materials. Strong analytical insights and presentation skills may also create opportunities for direct investor engagement.

Requirements

• Bachelor's or Master's degree in a quantitative field (Computer Science, Mathematics, Statistics/Econometrics, Financial Engineering, or related), or equivalent technical experience or demonstrated quantitative aptitude.
• 3-7 years of experience in investment analysis, risk management, or asset allocation, ideally with exposure to hedge fund or absolute return strategies.
• Proficiency in Python and hands-on experience working with large structured datasets.
• Strong written and verbal communication skills, including the ability to translate technical analysis into clear conclusions for investment committees and clients.
• Strong presentation skills—comfortable building and delivering polished materials in PowerPoint and other reporting formats.
• High degree of ownership and initiative, with the judgment to operate effectively where direction isn't always fully specified.
• Comfortable representing Investments Risk directly in interactions with other teams and senior stakeholders—this is not a role centered on working in isolation on models and code.

Skills

• Self-motivated and energized by working amongst a group of thoughtful, smart, and successful colleagues.
• Collaborative, proactive, and able to exercise discretion and judgment.
• Strong team player with a focus on excellence.

Pay

Chicago annual pay range: $175,000—$215,000 USD. Actual base salary may vary based on factors such as individual's experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance.

Benefits

• Comprehensive healthcare coverage (medical, dental, vision, and life insurance).
• Flexible spending accounts.
• Employer-sponsored retirement plan.
• Paid time off, parental leave, short-term and long-term disability.
• Other care/wellness programs.

Schedule

Hybrid role requiring in-office presence on Tuesdays, Wednesdays, and Thursdays.