Assistant Invesment Manager - Quant Risk

  • Up to £70,000
  • London, England, United Kingdom
  • Permanent, Full time
  • The Emerald Group
  • 23 Sep 16

Part of the first line of defence Investment Management Portfolio Management (PM) team, this role provides support to the Head of Investment Quant /Risk to facilitate asset class modelling, strategic and tactical asset allocation (TAA/SAA) decisions and day-to-day investment risk management

Key Result Areas

Contributes to investment risk related dialogue and provides supporting analysis that help to shape investment risk management and SAA/TAA decisions.  

Portfolio management

Data quality

  • Maintain and populate existing databases which support the investment risk tools.
  • Manage data quality checking and acceptance, which is crucial for risk management, internal model and MI purposes
  • Maintain up to date procedures and supporting documentation to provide suitable audit trails.    

Investment modelling

  • Develop and maintain risk databases and models for use in the Group-wide risk led investment process. 
  • Provide constructive challenge to the investment risk modelling process. 
  • Be an expert user of the investment risk tools
  • Provide timely and accurate input to the investment risk reports, such as the Group MI, ORSA and Swiss Solvency Test.
  • Prepare IM team reports to assist with day to day investment risk management and monitoring.
  • Assist with scenario analysis and stress testing of the portfolio
  • Carry out ad/hoc economic and market analyses as required. 
  • Assist with the development and maintenance of risk models for economic and market monitoring, and strategic tools which support the portfolio construction and risk review process

 

  • Responsible for the portfolio management of the client(s) they ‘own’, (which will rotate over time).  This will involve:
    • Adapting and implementing TAA for their client’s purposes. 
    • Make investment decisions (or recommendations, depending on the client) to implement the TAA
    • Ensuring that the SA structure is appropriate for the TAA, regulations and tax rules
    • Ensuring that risk remains within tolerance and that liquidity requirements are met
  • Liaise with the entity’s Chief Financial Officer regarding asset/liability matching.
  • Report and present to the client Board
  • Authorise direct trades and sub-advisor subscriptions/redemptions required for: cash inflows/outflows, the equity hedge programme, or to rebalance portfolios back to TAA. 
  • Execute trades pre-authorised by a Director or another AI Designate, having first reviewed the rationale for the original authorisation

 

Essential

Excellent Excel Skills

Investment Management experience

SQL, VBA, C#,