Investment Risk Analyst, Multi-Asset

Working within the Multi Asset team, a position has been identified to support the embedded Investment Risk team. The principal focus of the role is to take responsibility for developing and supporting Investment Risk and Performance Attribution process used in Multi-Asset, maintain and enhance the current Product Investment Committees, assist in the development of tailored reporting of the different Fund Management and Product requirements and closely work with the Fund Managers to understand the sources of risk in the portfolios and assist them in the design and monitoring of new products. In addition, liaise with the various stakeholders, i.e. Multi Asset Risk, Group Investment Risk, Data Management, IT amongst others, to ensure efficient delivery of requirements and reporting improvements.

The role is primarily focused in supporting the embedded Investment Risk requirements of Multi-Asset.

Overview of role

The following tasks will be expected of the role holder:

• Provide Investment Risk analysis for all Multi Asset mandates
• Work with the Investment team to understand the sources of portfolio risk, how these change over time and the impact of possible trading and hedging strategies
• Monitor the use of risk budget and any Investment Risk limits agreed internally or with the clients
• Assist the Investment team in designing new investment strategies
• Work with the Product team to develop new products to meet client needs
• Take ownership of ensuring the risk parameters generated from the risk system are fit for use by Fund Managers and Product
• Design effective and succinct Investment Risk reporting tailored to the requirements of the Fund Managers, Product and Senior Management in Multi-Asset
• Work closely with Risk Data Assurance team, IT and Projects to resolve issues and implement enhancements to the Investment Risk process
• Perform ad-hoc risk analysis for fund managers / product managers / Risk Managers (e.g. evolution of a risk measure over time, stress testing and scenario analysis).
• Work with colleagues and with risk system providers to improve instrument and asset class coverage
• Investigating queries on risk numbers and explaining how the risk models work
• Work with the Investment Risk teams elsewhere in the Group to achieve consistency of approach wherever possible
• Assist Group Risk functions in their oversight process wherever necessary
• Work with the rest of MA (Risk, Performance, Product and Fund Managers) to set up a performance attribution framework using the Performance Attribution database being built

Essential Skills

• Degree educated
• Strong numerical and analytical skills
• Excellent Excel / Database skills
• High calibre individual
• Previous experience using a multi-asset/cross-asset investment risk system
• Good understanding of over-the-counter derivative instruments such as credit default, interest rate and total return swaps.
• Ability to work accurately and in an organised manner
• Team player with good communication skills
• Willingness to be flexible in order to meet deadlines
• Good understanding of investment processes, security types and financial market data/ Analytics

Desirable Skills

• Previous Experience of Risk Models, particularly Aladdin, BarraOne, RiskMetrics
• Good understanding of performance attribution techniques
• Experience using Bloomberg
• Prior experience with derivatives
• VBA programming skills
• Tableau and Alteryx desirable
• CFA desirable