In addition to leading the portfolio risk monitoring programme, the incumbent will have the opportunity to develop an appropriately expert Risk Function
Responsibilities:
* Working with the Portfolio Risk Monitoring Team to deliver independent risk monitoring covers all the activities
* Designing, developing and implementing portfolio risk metrics, limits and Key Risk Indicators that will facilitate risk-based monitoring for both individual portfolios and for enterprise-wide risk monitoring.
* Participating in discussions with new and existing portfolio managers. This includes review and sign off of portfolio risk limits, operational and other guidelines.
* Determining Valuation Policy Guidelines and monitoring how they are applied to each portfolio. Ensuring that appropriate market and liquidity stress testing is conducted for each portfolio.
* Taking overall responsibility for Enterprise Risk Management Framework, Risk Appetites Framework key risk policies and ICARA reviews and processes. Working with Head of Operational Risk to confirm that our internal control framework is operating effectively and that operational risks are appropriately managed. This includes both portfolio management the systems that they use to place orders, settle transactions and monitor portfolio market values.
Qualifications
* A degree in a related discipline or related professional qualification
* At least five years’ experience of risk management at a relevant financial institution.
* Experience of investment strategies, market risk models including algorithms, VaR models and statistically based models.
* Experience of portfolio risk management including and stress testing of all fund financial risks including market and liquidity risks.
* Good knowledge of the UK and EU regulatory environment, IFRS accounting standards (particularly IFRS 9 and the UK’s FRS 102).
* Be comfortable working in a tech enabled environment. Experience of Model BI an advantage. Good knowledge of Excel, Word and PowerPoint assumed.
* Strong oral and written communication skills.