Support investment risk oversight facilitation process through comprehensive independent measurement and analysis of portfolio performance, activity, process and position risk along with leadership in design of reports and on analytical projects.
Key Responsibilities and Duties:
1 Monitor adherence to process/mandate and client expectations as directed for specific portfolios
2 Perform risk analysis on portfolios as well as benchmarks, reporting on market, liquidity and concentration risk. Typical measures will include forecast tracking error, downside risk and Value-at-risk (incl. back-testing and stress-testing)
3 Decompose and explain forecasted portfolio risk at granular level
4 Conduct custom analysis to support the risk oversight process for the relevant portfolios
5 Design custom computer programs/macros, as needed, to facilitate portfolio analysis and direct junior risk staff on implementing such design
6 Design/develop/improve existing quantitative models/tools to help monitor and manage risk as well as explain performance.
7 Build and maintain excellent knowledge of products, investment processes, trading strategies, market characteristics and good knowledge of regulatory requirements/environment
8 May work independently on complex risk related projects (e.g. market risk, credit risk)
9 May conduct and/or direct junior staff on performance attribution analysis using multiple attribution models to assess portfolio manager skills
10 May conduct and/or direct junior members on research/quantitative/qualitative analysis of portfolios
11 Partner with the Portfolio Analytics Staff to deliver tools to facilitate risk understanding across the department.
1 Proficiency in Access Database/SQL and Excel VB and/or various programming languages is desirable
2 Experience in statistical software or Matlab
3 Knowledge of analytic systems such asFactset, Northfield/BARRA/StatPro Risk Management (SRM), Bloomberg, Data Stream
4 7 years financial industry experience with 5 years investment, portfolio or risk analysis experience are desirable
1 Excellent understanding of financial markets and instruments
2 Excellent understanding of option pricing model
3 Excellent understanding of risk models/methodologies
4 Independent research capability
1 Masters degree in quantitative subject such as Statistics, Financial Engineering, Computer Science and Economics
2 At least one of CFA, FRM/PRM and/or MBA (Finance)
Other Personal Attributes Required:
1 Effectively operate in a team-oriented and collaborative environment
2 Highly motivated/self-starters
3 Excellent Communication skills
4 Ability to lead projects
Invesco - 20 months ago
As one of the largest independent global investment managers, Invesco Ltd. is dedicated to helping investors worldwide achieve their...