Risk Manager - Multi-Asset & Quant Strategies

Dezerv is India’s first expert-led investment platform. Dezerv is co-founded by Sandeep Jethwani, Vaibhav Porwal and Sahil Contractor who have led and founded successful wealth management businesses and managed over USD 7 billion in assets. Our team brings together decades of investing expertise from leading global franchise institutions.

Why are we building Dezerv?

Dezerv is an investment management company that combines the expertise of seasoned investment professionals with advanced technology to provide comprehensive investment management solutions. Our team of experts monitor the performance of portfolios and rebalance them if required to ensure long-term success.

At Dezerv, we aim to deliver:

- Comprehensive assessment of your investment portfolio from India's leading investment experts

- Diversified portfolios to help you create long-term wealth using scientific allocation strategies

- Day-to-day active management of your portfolio and timely corrective actions as and when needed

We are a Series B funded startup and have marquee investors like Premji Invest, Accel, Elevation Capital and Matrix Partners India, as our backers along with Whiteboard Capital & Blume Founders Fund, Kunal Shah of CRED, Varun Dua of Acko, Vidit Aatrey of Meesho, Ashish Mohapatra of OfBusiness, Revant Bhate of Mosaic Wellness are also some of our early investors. Since inception in 2021, our clients have trusted us with over 10000+ crs of their assets.

About the Role

At Dezerv, we are building a next-generation investment platform rooted in robust research, systematic processes, and long-term thinking. As part of this mission, we are seeking a Risk Manager to join our Investment & Research team and lead the development of our risk framework across multi-asset portfolios and quantitative equity strategies.

This is a high-impact, cross-functional role where you will work closely with portfolio managers, quantitative researchers, and technology teams to embed risk into the heart of investment decision-making. The ideal candidate will have a strong grasp of modern portfolio theory, risk analytics, and financial markets—along with a builder’s mindset to design scalable systems, surface hidden exposures, and bring clear insight to complex, evolving market dynamics.

What You’ll Do

• Design and enhance the investment risk management framework across diverse asset classes – equity, fixed income, commodities, and alternatives – with a focus on scalability and real-time monitoring.
• Monitor portfolio-level risks including volatility, beta, drawdowns, Value-at-Risk (VaR), liquidity, and factor exposures (e.g., style, sector, macro factors).
• Build and execute stress testing frameworks and scenario analysis, including both historical and hypothetical shocks (e.g., COVID-19 crash, taper tantrum, macro stress regimes).
• Collaborate with quant researchers and portfolio managers to assess risk of new strategies, backtest performance under various market regimes, and integrate pre-trade risk controls.
• Conduct risk-adjusted performance attribution using multi-factor models and analytics across strategies, asset classes, and custom-defined exposures.
• Work closely with compliance and product teams to ensure adherence to client-specific mandates, internal risk guardrails, and regulatory norms.
• Develop and maintain internal dashboards and risk tools using Python/Excel/SQL to provide live insights on risk metrics, portfolio sensitivities, and stress test outputs.
• Present risk insights and portfolio diagnostics to the Investment Committee, contribute to portfolio construction decisions, and lead post-mortem reviews following major market events.
• Continuously improve the risk infrastructure, including data pipelines, risk models, factor libraries, and reporting automation.

What We’re Looking For

• 5–8 years of experience in investment risk management, portfolio analytics or quantitative research, ideally in a multi-asset or systematic investing setup.
• Strong understanding of risk models, factor-based investing, and portfolio construction.
• Professional certifications such as FRM (Financial Risk Manager), CQF (Certificate in Quantitative Finance), PRM (Professional Risk Manager) or CFA (Chartered Financial Analyst) are highly preferred.
• Strong working knowledge of Excel and Python (or R); experience with SQL and risk platforms like MSCI Barra, Axioma, or Aladdin is a plus.
• A structured thinker with the ability to distill complex concepts into clear, data-driven insights.
• Comfortable in a fast-paced, collaborative environment with dynamic feedback loops and iterative decision-making.
• Strong communication skills – someone who can contribute meaningfully to portfolio and strategy discussions.
• Understanding of SEBI/AMFI investment mandates and risk guidelines