Risk Manager (f/m)

  • Competitive
  • Frankfurt am Main, Hessen, Germany Frankfurt am Main Hessen DE
  • Permanent, Full time
  • Invesco Asset Management Deutschland GmbH
  • 04 Jun 18 2018-06-04

Invesco is a leading global asset management firm with more than $937B* in assets under management. We provide our retail and institutional clients a diverse and comprehensive range of investment capabilities to help people get more out of life. Invesco is publicly traded on the New York Stock Exchange (IVZ) and has about 7,000 employees in over 20 countries. (*As of December 31, 2017)

Job Purpose (Job Summary):
Risk manager of the German Company and integral part of the EMEA Independent Risk Function

Key Responsibilities / Duties:

  • Be part of the EMEA Independent Risk Function and participate in various aspects of the design and operation of the risk management framework (documentation, development, analysis, validation, implementation, etc.)
  • Be the appointed person responsible for the operations of the risk control function at the level of Invesco Asset Management Deutschland GmbH
  • Ensure appropriate implementation of the Risk Management Framework, Policy and Process (RMP)
  • Monitor the effectiveness of the Risk Management Policy and procedures
  • Maintain oversight of risk measurement arrangements (VaR, back-testing, stress testing, liquidity, scenario analyses) and of the risk monitoring programme in respect to risk limits and risk profiles of the portfolios
  • Assist in carrying out risk reviews of new products and investment strategies or material changes thereto
  • Keep abreast of new trends and regulations on risk management and provide advice on new products and services
  • Participation in client due diligence and other risk-based presentations
  • Responsible for identifying and fulfilling regulatory requirements applicable to the role
  • Promote a positive risk culture
  • Build effective relationships with fund managers/front office through regular engagement around risk appetite, risk limits and significant new trades, and document related meetings
  • Produce and present regular oversight reporting on portfolios to make risk profiles transparent to senior management and the Board
  • Conduct regular due diligence on risk data, analytics and systems sourced internally or externally
  • Review portfolios reports on market, liquidity and counterparty risk analysis, highlighting exceptions to tolerance levels and proposing actions to remediate the issue

Work Experience / Knowledge:

  • Demonstrable knowledge of Asset Management regulatory framework (at German and European level), in particular with regard to risk management requirements
  • Solid experience within Financial Services; ideally, experience within Risk Management
  • Strong knowledge of financial products (Equities, Fixed income, FX, derivatives) including pricing/valuation methodologies
  • Strong programming skills and experience (VBA, SQL)
  • Fluent in German and English (written and spoken)

Skills / Other Personal Attributes Required:

  • Clear thinking, good business sense and judgment. A creative and pragmatic approach is essential with a capability of meeting client needs
  • Energetic and solutions-based team player who is willing to help and support colleagues along with being self-motivated and detail oriented. The ability to manage projects is also important
  • Resilient, self-managing & highly organised with a team oriented mindset
  • Strong verbal and written communication skills
  • Demonstrable experience of driving continuous business process improvement

Formal Education: (minimum requirement to perform job duties)

  • Bachelor or Master’s degree in a quantitative subject (e.g. Finance, Mathematics, Computer Science, Statistics, Economics)
  • FRM/CFA certification or equivalent would be an advantage

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this role. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job. The job holder may be required to perform other duties as deemed appropriate by their manager from time to time.