Associate Director, Investment Risk Oversight, Asia

  • Negotiable
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Fidelity International
  • 23 May 18 2018-05-23

The primary function of the role is to provide oversight all aspects of investment risk, across Fidelity's global fund range with a focus on local fund ranges offered in Asia including those in Hong Kong, Japan, Korea, Australia.

Department Description

Global Risk:

The risk team in Fidelity covers the management oversight of Fidelity's risk profile including key risk frameworks, policies and procedures and oversight and challenge processes. The team partner with the businesses to ensure Fidelity manages its risk profile within defined risk appetite.

The team is strong, and growing, covering all facets of risk management including investment, operational, enterprise, and technology risk. The function is currently being strengthened to enhance global risk type coverage across FILs regions.

Investment Risk Oversight:

The Investment Risk Oversight team forms part of Global Risk and is responsible for the framework and governance of all aspects of Investment Risk including market risk, derivatives risk, sub-advised risk, fund liquidity risk and counterparty risk. The team also provides oversight of the Operational Risk associated with the Investment Process.

The team works closely with the Investment Risk Analytics team which also forms part of Global Risk team.

Purpose of your role

The primary function of the role is to provide oversight all aspects of investment risk, across Fidelity's global fund range with a focus on local fund ranges offered in Asia including those in Hong Kong, Japan, Korea, Australia.

The individual will be expected to focus on the implementation of the relevant investment risk frameworks in the region and the work closely with colleagues in UK and Continental Europe to develop effective frameworks and ensuring best practice and knowledge sharing across the group.

In addition to risk frameworks the individual will be responsible for oversight of operational risk within the investment process and thematic reviews in the region.

The individual will be expected to work effectively as part of a matrix organisation with a direct reporting line into the UK and local reporting line in Asia.

Key Responsibilities

  • Support the head of the department with establishing and implementing risk and governance framework for the oversight of investment management risk.
  • Provide relevant management information including the escalation of material issues to senior management, including materials for oversight committees
  • Follow up and tracking of risk mitigation plans and actions
  • Attend regulatory and client meetings, and from time to time may also be required to attend investment oversight committee, Board and Audit & Risk Committee meetings
  • Stakeholder management at all levels across the organisation including the investment team and fund managers
  • To develop and maintain a strong external professional network to keep abreast of external developments and ensure they are introduced to the organisation as and when appropriate. This includes attending Industry Forums
  • To establish and maintain highly effective working relationships with all key internal stakeholders for example the heads of the first line of defence teams and other second line of defence heads

Experience and Qualifications Required

  • Proven risk expertise of risk within an asset management or financial services firm.
  • Understanding of the key aspects of investment risk in fund management
  • The ability to work independently, within limited management supervision and to tight deadlines.
  • Excellent written and verbal communication skills with the ability to communicate effectively with stakeholders and senior management
  • Strong analytical and problem-solving skills with a solution focused mindset.
  • Dedicated to maintaining high standards including attention to detail.
  • Educated to degree level or equivalent
  • Expert skills in Excel
  • Ideally a good knowledge of both Equity, Fixed Income and Multi-Asset products.