The role seeks to monitor, advise and report to Senior Management (and appropriate boards and committees) that risks are being effectively managed and that the business is compliant with relevant regulation.
To this end, the role provides relevant and timely risk information for consideration within the business and advice on the same as necessary and to ensure that Risk systems and data that produce these reports are accurate and reliable.
Portfolio Risk Reporting and restriction monitoring, including:
UCITS IV and Absolute Exposure Reporting
Production of other Client Specific Portfolio Risk Reporting
VaR Back-testing, analysis with subsequent data cleaning and model enhancement where necessary.
Development and maintenance of procedures for the above activities, including "VaR Policy Document"
Escalation of monitoring queries to line management, fund managers, client directors, operations staff or system support as appropriate.
Respond/investigate to enquiries/queries regarding above
User Acceptance Testing for fixes/enhancement to various risk systems.
Risk Control Committee secretariat.
Providing support and assistance to the Head of Investment Risk
Supporting the development of enhancements to risk reporting analytics.
Develop understanding of Xenomorph and OTC pricing in general
Provide technical support to Market Data Analyst as required.
Produce certain regular and adhoc client reporting.
Knowledge, skills and experience required:
Technical Skills / Specialist knowledge
Experience within a market/investment risk role within an asset management or sell-side company would be preferable although not essential.
Good mathematical knowledge, obtained through undergraduate degree in maths, physics, engineering or maths focused economics.
FRM or PRM or similar qualification; or interest/willingness to study for said.
Good "end user" computer programming skills e.g. Excel VBA macros, Access, SQL.
Interest in and a good understanding of financial markets and products, in particular Derivatives.
Practical experience of applying concepts to real instruments/portfolios.
Good problem solving and analytic skills required.
Knowledge of the financial risk aspects of UCITS and/or AIFMD would be helpful.
Needs to be able to explain complex concepts and data to multi-disciplinary audiences
Morgan McKinley is acting as an Employment Agency in relation to this vacancy.
Please note that any references to salary or pay rates in this advertisement and in the salary refinement section are indicative only and should only be used as a guide.