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Investment Risk Oversight Manager

Information About This Job

Job Title: Investment Risk Oversight Manager
Contract Type: Permanent
Location: London
Contact Name: Adam Small
Contact Email:
Job Published: 27 days ago

Job Description

We are seeking an Investment Risk Oversight Manager on behalf of a leading investment management firm. This role can be based in either their London or Edinburgh offices.


About The Role

Due to a recent merger, the new Investment Risk Oversight function has been created within the company's Risk and Compliance area. The Investment Risk Oversight function will be responsible (i) for overseeing the processes and approaches taken to analyse investment risk and (ii) for monitoring the assessment of risks at each stage of the product lifecycle.

The purpose of this role is to oversee the management of investment risk exposures and performance outcomes across ASI products. The scope of the role includes oversight of risk management across individual portfolios as well as firm-level exposures.  

A core objective of the role is to assure that portfolio-level investment risk and performance issues are being identified, escalated and resolved appropriately. The role holder will work with Governance colleagues to establish and oversee appropriate stress testing frameworks and outcomes across ASI portfolios. In addition, the role holder will provide independent challenge and advice in relation to the analysis and assessment of systemic risks within the collection of portfolios being managed by ASI.

The scope of the role will include oversight of risk exposures across market risk, liquidity risk and counterparty risk.

The role holder will report into the Global Head of Investment Risk Oversight.


Key Responsibilities

  • Working with Governance colleagues to ensure appropriate escalation and resolution of portfolio risk limit breaches and portfolio performance issues

  • Drawing on risk information (such as risk event trends), with the aim of identifying potential risk areas which may need remedial process improvements.

  • Support and advise on the global financial stability agenda as it impacts ASI

  • Systemic footprint analysis; assessing the market capacity to support strategies, products and enterprise-wide holdings

  • Advise on market and liquidity stress testing agenda, and oversee and challenge stress-testing outcomes and resulting actions

  • Oversees appropriate communication of investment risk information and issues to clients, regulators, boards and internal stakeholders.

  • Tracking issues of concern to the Global Head of IRO and ASI CRO which may be tabled on the agendas of subcommittees of the ASI Enterprise Risk Management Committee so that they can be addressed in a timely and effective manner;

  • Supporting the first-line functions to address weaknesses or gaps in the risk management framework; advising on solutions and best practise.


Skills & Experience

  • Good undergraduate degree, preferably in a numerical discipline

  • Asset management industry experience

  • Strong understanding of investment risk analytics such as VaR

  • Strong knowledge of financial instruments and markets

  • Strong knowledge in equity, fixed income, credit and derivatives

  • Professional Risk Manager qualification, such as PRM, or willingness to work towards it

  • Numeracy

  • Planning & Organisation

  • Willingness to take responsibility

  • Good written communication skills

  • Team spirit / ability and desire to work as a part of a team

  • Customer Focus

  • Solution oriented

  • Collaborative

  • Analytical Thinking

  • Building strong positive relationships across stakeholders


Desirable Skills

  • Experience in a senior risk management or quantitative role

  • Good understanding of risk factors and risk models  e.g. RiskMetrics

  • Good knowledge of Private Markets

  • Working knowledge of investment systems: Bloomberg, Reuters, Factset

  • IMC/CFA would be advantageous

Ref: | Published: 20 Feb 2018