Senior Performance & Risk Manager

Reference: CHNG-42189

Job Description









An exciting opportunity for a Senior Manager of Performance & Risk to be responsible for driving the strategic direction and motivation of a team of performance and risk professionals. The Senior Manager of Performance & Risk is responsible for ensuring the performance and risk outcomes from the company's investment activities are effectively monitored and communicated to management, the fund managers, and to the Chief Investment Officer. The Senior Manager Performance & Risk will manage and lead the team’s interaction with fund managers to help them improve their investment processes, and to assist them in being able to understand and explain the reasons for portfolio performance, style and risk outcomes to clients and investment consultants.

SPECIFIC ACCOUNTABILITIES
• Drive and set strategic agenda of the team with view to implement and create best practise monitoring for all aspects of investment performance and risk.
• Evaluate and review responsibilities within the Performance & Risk
• Build and maintain strong relationships with the fund managers to help them improve their investment processes
• Help drive the development and strategic direction of the Investment Services Division.
• Direct and manage all aspects of investment risk monitoring including data integrity, security and portfolio analytics, portfolio modelling, and ultimately reporting.
• Actively participate in the review, selection and implementation of a new Client Reporting system, a Performance Measurement & Attribution system, and replacement Risk systems as required.
• Oversee the preparation of written analysis of portfolio performance and risk outcomes on a monthly basis, including identifying strengths and weaknesses in the investment management process.
• Create and sustain a challenging working environment where each individual is given the opportunity to develop within a team based structure.
• Ensure performance and risk staff are adequately trained
•
PERSON SPECIFICATIONS
• Ideally the successful inidviual will have attained industry core professional qualification for that of a practicing investment professional e.g. Investment Management Certificate (IMC), Investment Administration Award (IAQ - Merit Award) Must be able to and continue to be able to demonstrate continuing competence in accordance with the FSA’s Training & Competence regime
• Must be able to work in the UK, e.g. fall within the European Economic Union, hold the necessary work permits
• Demonstrated ability to think strategically and drive process improvement
• Strong relationship building skills, with the ability to influence other teams and senior management within the Group.
•
SKILLS

• Exceptional communication skills, both written & oral.
• A deep understanding of market risk across multiple asset classes, strong analytical skills to decompose transactions and portfolios products into core risks, and the ability to quickly understand new products and their inherent risks.
• Proven competency with the use, and a fundamental understanding, of risk models such as Barra, Northfield, EM or APT.
• Exceptional quantitative skills with the ability to understand portfolio and security risks and to be able to intuitively recognise and identify data problems
• An expert knowledge of performance measurement, as well as with equity and fixed interest attribution techniques.
• Extensive experience in working with industry recognised performance attribution and risk systems. Completely conversant with the GIPS standards as well as practical, hands on experience at constructing and maintaining composites and presentations
Must be preprared to travel between Edinburgh and London

Disclaimer
Change Recruitment Group operates as a Recruitment Agency in providing permanent or contract job-seeking services and as a Recruitment Business in providing temporary job-seeking services.