Senior Investment Risk to be Chief Risk Officer

Caravel Search
10 Aug 2017
13 Aug 2017
Contract Type
Our client are a relatively recemtly formed investment manager with GBP6bn AuM across a variety of stragies across fixed income, credit, equities and alternatives. As part of their continuing expansion they need to hire a Chief Risk Officer. The CRO's responsibilities will involve monitoring the management of risk and compliance throughout the company. This is an exciting opportunity that covers both enterprise and investment risk across a wide range of asset classes. This successful candidate could come from one of these backgrounds: Currently a CRO in a similar sized institution An investment risk specialist with a larger pension / investment fund who wants to step in to a bigger, more rounded role in a smaller company A senior investment risk specialist with a larger pension / investment fund who wants to join a firm with a better work / life balance Responsibilities: Design and implement firm-wide risk management framework Help select and implement appropriate systems and tools to monitor fund performance (including performance attribution) and investment risk Lead the development and maintenance of the enterprise risk register Lead in the mitigation and closing of risk in partnership and collaboration with colleagues and stakeholders Provide timely and relevant analysis and reports of the risks to the company and funds and the third party investment managers Identify ways to present data analysis in formats which draw attention to key changes and promote the assimilation of data for the target audience Manage / assist in research connected with new products or risk projects Manage / assist in the collection of data to develop analysis Ensure timely, efficient and accurate production of regular information Maintain and train stakeholders in up to date procedures Oversee regulatory reporting Provide marketing information support in relation to the company's funds Manage, develop and coach direct reports as part of continuous improvement and development Essential Skills: Strong technical knowledge in risk monitoring and management in a fund management company Experience in alternative funds environment Experience working with outsourced administrators and investment manager Excellent understanding of risk methodologies, including Factor Risk Models, VAR, and fixed income models Advanced Excel skills Comprehensive understanding of the regulatory environment - ideally AIFMD Highly methodical and process-orientated coupled with people skills Self-starter, strong work ethic, high achieve Willingness to work as part of a (relatively) small team and desire to take on increased responsibility as the team grows