Risk Manager

About SummitTX
SummitTX Capital, L.P., is an institutional hedge fund manager founded in 2015. It employs an open architecture, multi-portfolio manager, and multi-strategy equity-oriented business model and manages ~$3 billion for global investors. SummitTX is headquartered in Fort Worth, Texas, and maintains a significant presence in New York. With a long-standing track record of success in the fundamental investment industry, SummitTX continues to evolve and expand its capabilities. We are currently growing our Risk team, an opportunity to join a dynamic, innovative group within a respected and scaling firm. This role offers a unique chance to help shape a cutting-edge quantitative risk platform from the ground up, while leveraging the infrastructure and insight of a firm with deep market expertise. 

Position Summary
SummitTX is seeking a seasoned Risk Manager to contribute to the firm’s enterprise risk management. This individual will work closely with the Chief Risk Officer (CRO) to monitor investment and firm-wide risk exposures, develop risk analytics, and help shape the risk culture across the platform. As a senior member of the Risk team, the Risk Manager will focus on delivering robust and scalable risk oversight processes. 

Key Responsibilities

Portfolio & Market Risk Oversight
•    Monitor exposures across all strategies to ensure alignment with investment guidelines and the firm’s risk appetite
•    Analyze concentration, liquidity, leverage, tail, and cross-portfolio risks
•    Review and challenge portfolio construction, hedging approaches, and scenario assumptions

Risk Analytics & Infrastructure
•    Design and enhance risk infrastructure including P&L attribution, Value-at-Risk (VaR), stress testing, and real-time exposure tracking
•    Leverage internal tools and third-party systems to refine risk measurement and visualization
•    Build and maintain risk dashboards and reporting for investment and senior management teams

Governance & Control
•    Support the CRO in managing risk policies, limits frameworks, and escalation protocols
•    Contribute to risk reviews of individual PMs, trading books, and new strategy proposals
•    Provide a risk perspective during onboarding/offboarding of managers and new strategies

Qualifications
•    Minimum 10 years of experience in risk management at a hedge fund, multi-manager platform, or sell-side risk group
•    Master’s degree in a STEM field such as Mathematics, Physics, Computer Science, or Engineering preferred
•    Bachelor’s or Master’s degree in a quantitative discipline such as Finance, Economics, Mathematics, or Engineering
•    Strong understanding of equities and equity derivatives; familiarity with portfolio construction, risk budgeting, and factor risk models
•    Proficiency with quantitative tools and programming languages (e.g., Python, R, SQL)
•    Ability to collaborate with other quantitative research members as well as the senior portfolio manager