ITE Management, a leading investment manager specializing in the transportation sector, is looking for a Risk Management Associate to join its dynamic and rapidly growing team in New York. The ideal candidate will enthusiastically leverage their attention to detail, broad analytical skills and natural curiosity to help the risk management team proactively mitigate exciting challenges across all Fund verticals.
Founded in 2014, ITE targets real asset investment opportunities that are cash yielding with downside protection. ITE combines a team with deep, longstanding relationships and financial and operating expertise in rail, aviation, and intermodal with an entrepreneurial mindset and culture. Our team of professionals provide extensive experience in investments, portfolio management, risk management, data analytics, credit analysis and industry-specific operations. The new associate will be an integral part of our team and a contributor to the firm’s growth.
Today, the firm manages over $5.7 billion of industrial transportation assets with office locations in NYC, Chicago, St. Louis and Paris. Due to the firm’s dynamic and forward-thinking approach, the capital commitments have tripled in the past three years.
Responsibilities:
- Learn from and collaborate with Portfolio Managers and cross-functional teams to improve systems and tools
- Assist in the modeling and presentation of hedges and risk related trades
- Lead quantitative and qualitative risk analysis across all verticals, with a focus on interest rate risk, counterparty credit risk, commodity risk
- Track the integration and performance of hedges and their impact on the fund’s financing activities
- Monitor credit risk and ratings for all fund counterparties
- Identify and present commodity trends to senior management
- Establish and review procedures to identify and address systemic risks while improving existing processes
- Recommend, develop, and implement risk management tools and solutions
Requirements
- 2-3 years experience at either buyside asset management/hedge fund/PE or in a front-office facing risk function at a bank, institution, or trading firm
- Excellent attention to detail with a high level of accuracy
- Strong modeling skills
- Strong experience with Excel and PowerPoint; working proficiency of SQL
- Strong verbal and written communication skills with the ability to engage senior leadership
- Ability to organize and execute multiple initiatives, both independently and collaboratively
- Intermediate Python and VBA skill
Salary Range:
Estimated base salary range for this position is: $100,000 – $130,000. Employees may also be eligible for an annual discretionary incentive compensation award. Actual base salary may vary based upon, but not limited to, relevant skills, experience, qualifications, and geographic location.
Benefits
- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (401k, IRA)
- Life Insurance (Basic, Voluntary & AD&D)
- Paid Time Off (Vacation, Sick & Public Holidays)
- Family Leave (Maternity, Paternity)
- Short Term & Long Term Disability
- Training & Development
- Hybrid Workplace
- Free Food & Snacks
- Wellness Resources