Risk Manager

Dezerv is a house of investing solutions for high-net-worth and affluent Indians. Dezerv is co-founded by Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor. They have led successful wealth management businesses and managed over USD 7 billion in assets. The Dezerv team brings together decades of investing expertise from leading global financial institutions like JP Morgan, UBS, BNP Paribas, etc. Our team of experts monitors the performance of portfolios and rebalance them if required to ensure long-term success. We are backed by marquee firms like Premji Invest, Accel, Elevation, Matrix, etc. Since inception, our clients have trusted us with over Crs of their assets.

Why are we building Dezerv?

Investing is stressful and emotional. Building & growing wealth is difficult and time-consuming. Most individuals struggle with managing their investments and money. Our goal is to help individuals grow their wealth without the stress, time, and costs involved in a traditional investment. At Dezerv, we are building a platform that leverages our decades of investment expertise to help individuals invest better for their future.

What are we trying to solve/mission?

We are passionate about helping Indians invest better. We manage investments with active oversight to help both sophisticated and new investors build long-term wealth across various market conditions.

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