Risk Manager

  • Competitive
  • London, England, United Kingdom London England GB
  • Permanent, Full time
  • Non-disclosed
  • 10 Jul 18 2018-07-10

Based in the City of London, we are a long established and prestigious Sovereign Wealth Fund with substantial global assets under management. We are currently seeking a Risk Manager. Reporting to the President & CEO, the job holder will be responsible for all elements of risk including but not limited to Operational Risk, Market Risk and Investment Risk and Enterprise Risk.

Principal responsibilities will include:

Business Objectives

Investment Funds

  • Support the Investment Committee in the monitoring and mitigating of market risks and investment risks.
  • Provide advice to the Investment Committee on the active use of risk budgets.

Corporate Governance

  • Create policy framework and organisational arrangements in order to provide guidance to the Management Committee on Operational Risk and Enterprise Risk.
  • To oversee investment risk exposure monitoring across the Offices investments and ensure management information is provided in an accurate and timely manner.

Reputation

  • Provide advice to the Management Committee on potential external reputational risks and suggested measures to mitigate any risk exposure.

Investment Risk

  • Advise the Investment Committee on risk tolerances and exposure monitoring across all asset classes.
  • Analyse the risk characteristics of the current portfolio and the underlying assets.
  • Assess the risk of potential investment projects.
  • Research, analyse and report the relevant risk events which have impact on the Office.
  • Develop and maintain risk models.
  • Work with the Middle Office department to identify and correct data issues impacting portfolio analytics.
  • Assist the Investment Teams with ad-hoc portfolio analysis.

Market Risk

  • Responsible for and managing the monitoring, analysis and reporting of trading risk and positions.
  • Production of risk / VaR reports and sensitivity analysis.
  • Lead the development, improvement and implementation of market risk procedures and methodologies in co-operation with other departments.
  • Analyse the use and suitability of market risk models/parameters, systems and procedures and implementation of new models/parameters and procedures.
  • Produce periodic market risk analysis and reporting for senior management and committee review.

Operational Risk

  • Perform periodic risk assessment on business processes and define key controls to mitigate the risks identified.
  • Assist with the coordination of incident mitigation and take responsibility of ensuring appropriate and clear documentation of incidents and associated actions.
  • Ensure appropriate risk mitigation measures and risk indicators are in place for risks identified and monitored.
  • Responsible in advising of new controls & procedures across the business.
  • Responsible for the delivery of high quality risk reports.
  • Coordinate with internal and external audits as and when required.
  • When required, work closely with key stakeholders to provide oversight on risk initiatives and due diligence.

Enterprise Risk

  • Oversee, review and maintain the existing enterprise risk framework, including but not limited to reputational risk, key man risk, data security and scenario planning.
  • Maintain awareness of regulatory requirements and best practice.
  • Oversee the establishment, maintenance and enhancement of robust risk management policies, procedures and processes.

Successful candidates will have:

  • A Bachelor’s degree with an additional qualification in relevant professional qualifications.
  • At least 10 years’ experience in Risk of commercial and/or investment institutions.
  • Strong understanding of investment operations and controls.
  • Strong understanding of non-investment operational processes and controls.
  • Experience of working in a Risk capacity within Financial Services.
  • Strong understanding of risk and controls and how to implement and refine frameworks.