Interim Director of Investment Risk - £Exc
This leading investment firm is seeking an Interim Investment Risk Director to join their Investment team. This will be a key role providing Investment risk leadership across the investment division and wider firm, supporting the business with risk insights and attending senior investment and risk committees. The role holder will be responsible for ensuring high quality investment risk analytics and reporting as well as the development of systems and models to the support the monitoring of investment risk within the firm.
Roles & Responsibilities
Oversee all flavours of Fund Investment Risk (Liquidity, Price & Credit, Counterparty, External Fund Manager Operational Risk, Sustainability, Regulatory & Investment Compliance,) ensuring that the delegated investment managers, funds and portfolios adhere to agreed risk limits and investment guidelines a strategy, fund and portfolio level.
Line management responsibilities for the Investment Risk team of c.10 individuals.
Lead the design and development of analytical models for use in managing fund and portfolio risks, including liquidity, as well as associated risk reporting.
Own and develop the Investment Risk Governance process, policies, procedures and toolkit, and contribute to the development of the broader Investment Governance Process.
Provide a proactive and supportive risk lens into decisions being made in relation to rigorous stress testing, credibility of decision making, performance and reporting as well as supporting the CIO and investment teams by offering risk insights.
Oversee and direct the development of data analytics systems necessary to support the monitoring of investment risk within the firm.
Chair the Investment Risk Committee who are responsible for assessment and coordination of remediations, mitigations and escalations of fund risks, incidents, or issues escalated or discovered by it.
Present to Senior committees and Boards, including attending as a member of the Investment Committee, Fund Boards and Group Risk Committee.
Represent the Investment division at a Group Risk level, attending as a member of the Group Risk Committee and collaborate with Group Risk Function on strategic risk matters relating to Investment Risk & Compliance.
Develop and embed a strategic Investment Risk culture into all aspects of the investment processes, providing support to the Investment, Product and Operations teams.
Experience & Qualifications
Proven experience of leading an Investment Risk function for a global Asset Manager / Wealth Manager.
Proven experience of transformation within investment risk.
A deep understanding of investment risk models and analytics and strong analytical background of financial risk management and financial mathematics.
A sound understanding of financial instruments and portfolio construction across asset classes, including OTC derivatives, with knowledge of illiquid alternatives and private markets desirable.
An understanding of the compliance & regulatory framework governing unitised funds in the UK.
Experience of major risk systems, with experience of changing or implementing new risk systems an advantage.
Experience investment risk management in the of context of delegated investment management an advantage, including operational risk management of delegated investment managers.
Professional qualifications such as CFA an advantage.
Excellent communication skills with an ability to successfully present technical information to a non-technical audience.
Please note: that due to the high volume of applicants responding to our adverts we are regrettably not able to feed back on all applications; only successful candidates will be contacted.