Risk Manager

The problem.

The failure that ends a proprietary firm is almost never the one it forecast. It is the one it had no limit for. Your job is second-order: not predicting the event, but making sure that when an unmodelled event arrives the firm is still there afterwards. That requires authority. The role carries it.

What you would do.

• Own the limit framework end to end: position, aggregate exposure, leverage, concentration, venue, and what each limit is actually protecting against.
• Build the real-time monitoring that enforces them. Make enforcement automatic rather than advisory.
• Run stress tests that assume correlation goes to one and the venue stops answering. Both happen.
• Hold the kill authority. You can halt trading. You do not need a meeting first.
• Review every new strategy before it is allocated capital. Say what would have to be true for you to be comfortable.

What we would want evidence of.

• You have set a limit that was later hit, and can describe what happened next.
• You have been overruled and can describe how you handled it.
• You understand tail measures well enough to say where they mislead, including the ones you use.
• You have stress-tested against an event nobody had modelled, and found something.
• You can hold authority without using it often.

What would make this a bad fit.

There is no regulator here and no outside capital, so nothing external creates the discipline. This role is a poor fit if that is what made the role work for you elsewhere.

This role is a poor fit if you are more comfortable reporting risk than stopping it. This role is the second thing.