INVESTMENT RISK MANAGER
- Recruiter
- Core-Asset Consulting
- Location
- Midlothian
- Salary
- Competitive
- Posted
- 23 May 2017
- Closes
- 30 May 2017
- Sectors
- Banking & Financial Services
- Contract Type
- Permanent
- Hours
- Full Time
Job description: Core-Asset Consulting's client, a global asset management firm, are looking for an Investment Risk Manager to join their office in Edinburgh for an initial contract of 6 months. Essential: Demonstrable experience in a similar role, ideally within the asset management industry Good undergraduate degree in a mathematical or another highly numerical discipline Knowledge of investment industry and financial markets Must have advanced Excel skills Desirable: Understanding of investment risk techniques such as VaR Working knowledge of risk model(s): RiskMetrics, APT, UBS Delta, EMA, POINT Working knowledge of investment systems: Bloomberg, Factset, Datastream Programming skills: VBA, SQL Server IMC would be advantageous Core responsibilities: Accurate and timely provision of market and liquidity risk reports for the company's portfolios. Provision of consultancy and reporting services across the wider business for risk and portfolio analytics information. Enhance the use of risk analytics tools across the company to optimise the existing investment processes and provide a competitive advantage in client propositions. Liaise with internal and external data providers to ensure accurate and complete data feeds into our risk models. Daily production of market and liquidity risk profiles of the company's portfolios, using a range of third-party and in-house developed models. Timely reporting of risk information for regulators, clients, internal customers, boards and committees. Establish and maintain robust controls and documentation around the risk measurement processes. Liaise with colleagues in investment governance, asset class managers and client directors to define exposure and risk controls for fund mandates. Liaise with colleagues in investment governance to define house limits. Independent risk monitoring of investment strategies to ensure consistency with fund objectives and regulations. Work with investment governance colleagues to ensure appropriate escalation and resolution of fund mandate limit breaches. Provide robust and credible challenge into investment governance portfolio review meetings with portfolio managers. Provide commentary of portfolio risk profile positioning and trends, for portfolio managers, board and committee packs. Assessment of portfolio risk with respect to emerging risks in financial markets. Portfolio stress and scenario testing and setting trigger points for risk reduction. Job reference: 9498 To apply for this vacancy applicants must be eligible to work in the UK in accordance with the Immigration, Asylum and Nationality Act 2006. Core-Asset Consulting offers specialist recruitment services to asset management, accounting & finance, asset servicing, legal and the wider financial services sector in Scotland.