Portfolio Risk Manager

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • One Ten Associates
  • 17 Dec 17 2017-12-17

A new role with a boutique Asset Management business as they embark on their next phase of growth. This will be a pivotal role in providing sound and commercial input to the business with respect to finance, risk and compliance. A fantastic and broad role for a commercially-minded accountant to do more than the day-to-day!

The role is a key new appointment which forms part of the next stage of growth for the  business, and will involve working closely with the CFO as well as alongside the client-facing investment team.  Your principal responsibilities will be firstly, to establish a robust and scalable risk management system to govern the monitoring of investments made by the  funds, identifying early warning signs and escalating to senior management as appropriate; secondly, to ensure the operation of robust governance processes for a number of investee companies; and thirdly, to monitor and report compliance for the funds and associated companies.

You will need to be organised, disciplined and tenacious, and be comfortable working with both financial and non-financial information.  The ability to maintain a level of professional scepticism and to remain robust in the face of challenge are key success factors in this role.  As the role involving interaction across the business, as well as with investee management teams and external service providers, you will need to be a confident communicator with counterparts of all levels.

Reporting into the CFO and Heads of the Investment Desk, this will be a high-profile role in the business, offering the potential to make a name for yourself and forge out a promising career at this fast-growing boutique asset manager.

Responsibilities

Risk management system

  • Establish robust and scalable risk management procedures for the monitoring of investments made by the funds
  • Collate covenant and information requirements for live deals and ensure these are being collected and reviewed on a regular basis
  • Use professional judgement to escalate potential warning signs to investment desk / CFO as required
  • Build open and honest relationships with management teams at investee companies
  • Take a lead role in preparing monthly deal review pack, tabled at the Monitoring Committee
  • Assist with distressed investments on an ad hoc basis as required

Fund governance

  • Ensure robust corporate governance procedures for investee companies are being conducted correctly
  • Maintain online audit trail of agreed procedures to evidence compliance to potential internal or external audiences
  • Oversee preparation of board minutes for investee companies to ensure appropriate detail is being captured
  • Identify potential process weaknesses, recommending and implementing improvements
  • Contribute to a culture of continuous improvement with regard to the conduct of financial processes

Compliance with HMRC rules

  • Monitor compliance with HMRC financial and non-financial rules for VCTs and investee companies
  • Ensure investee companies are adhering to HMRC advanced assurance applications
  • Develop and maintain reports for senior management evidencing compliance with requirements, highlighting deadlines and potential risk areas as appropriate
  • Maintain constant vigilance about potential breaches of HMRC rules and guidance

 

Candidate Requirements

  • Strong academic record
  • 5+ years qualified with a recognised accounting qualification (CFA, ACA or ACCA preferred)
  • Experience in a credit or risk role in a regulated lending environment
  • Experience of SME or property lending; development finance experience especially sought
  • Organised and rigorous
  • Personable and professional, with the confidence to earn respect of internal and external stakeholders
  • Tough, independent thinker
  • Strong written and numerical skills