• Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • M&G Prudential
  • 2019-04-24

Senior Equity Investment Risk Analyst

  • Full time
  • London, England, United Kingdom
  • 24 Apr 19

Senior Equity Investment Risk Analyst

Senior Equity Investment Risk Analyst

Working with M&G Prudential as a Senior Equity Investment Risk Analyst means becoming part of a brand with a global reputation and an exciting vision: to become the best loved and most successful saving & investments business.

The forthcoming planned de-merger of M&G Prudential from the Prudential Group PLC provides a terrific opportunity to create a truly international and integrated savings and investments firm. A firm built on a rich and long history and with a commitment to an innovative future centred on the needs of customers and clients. There is a genuine opportunity to drive competitive advantage with value creation through the formation of this new organisation.

If you're inspired to join us, and have the necessary qualities, then this could be the opportunity you've been looking for.

The Role:

The primary focus of this role will be on contributing towards the teams main objectives i.e.:
    • To perform independent oversight of the M&G equity portfolios and provide reassurance to senior management that funds are being managed in line with their objectives
    • Work with fund managers by providing insight into risks within their portfolios

From day one the successful candidate would be expected to lead on analysis and engagement on a number of equity funds and mandates. The Equity Risk team are an independent function reporting into the Chief Risk Officer at M&G.

Key Responsibilities:
    • Producing insightful analysis on specific equity portfolios for discussion with fund managers across a range of products and investment strategies.
    • Running risk meetings with fund managers, and engaging with the front office during and outside the formal oversight process.
    • Taking on responsibility for key relationships.
    • Presenting at internal committees (Performance and Risk, and the Liquidity Sub-Committee) to flag issues for noting or of concern.
    • Gain a deep understanding of the specific fund manager and process risks impacting performance and outcomes of each fund/manager/team and why these are important in the context of relevant fund objectives or mandates.
    • Responsible for communicating details of risk modelling methodology, understanding possible flaws in risk models, and pro-actively suggesting remediations to such flaws.
    • Work with the performance teams to link risk analysis with fund performance.
    • Participation in cross-departmental initiatives in order to foster greater collaboration with the wider investment risk team
    • Undertaking of independent research aimed at uncovering portfolio/market risk insights which can aid fund managers in improving the investment management process
    • Undertake ad hoc project analysis as necessary to support new product initiatives.
    • Undertake ad hoc risk analysis as part of the fund management team dialogue and from Sales/Client interaction.
    • Carry out pre-trade analytics on prospective investment strategies and pre-launch modelling on new fund proposals.
    • Mentoring and supporting others within the risk team and beyond as necessary

You will have:

The role is ideally suited to someone who can demonstrate:
    • Experience working in an investment facing equity market risk role, other quantitative finance role or in a position through which the candidate has been able to gain a significant understanding of equity portfolio management and equity risk models. Experience in modern portfolio theory, risk models and use of statistics within the portfolio analysis framework.
    • Extensive knowledge of equity fundamental risk models. Knowledge of BlackRock Aladdin would be a plus. Some knowledge of business applications (e.g. BlackRock Aladdin, Eikon, FactSet, Datastream)
    • Strong Excel skills, macros, VBA. Knowledge of R, Python or other software packages would be a plus.
    • Enthusiasm for statistical analysis and potentially programming too
    • Excellent communication skills. Comfortable in communicating ideas and analysis at different levels. Ability to relate quantitative output of risk models to fund managers and senior management in a manner that they can understand
    • Excellent problem-solving skills within a quant/financial framework.
    • Experience of building strong relationships with Fund managers and adding value to processes
    • Ability to work autonomously within a team, to set own priorities and deadlines and respond to requests from other business areas in a timely and professional manner
    • Motivation/Pro-activity: a self-starter who is comfortable working both individually and in a team-oriented environment.
    • Mentor/develop other team members. Strong team attitude.
    • Focus and keen interest in financial markets.
    • Knowledge of modern portfolio theory and previous experience with using Equity fundamental and statistical risk models (such as, BlackRock Aladdin risk models, Barra etc).
    • Sound understanding of equity markets and equity fundamentals; familiarity with bottom-up active equity portfolio management.
    • Demonstrable experience in building good relationships with Fund managers and adding value to processes

People who work at M&G Prudential agree that ours is a great place to work with a brilliant team spirit. It's also an innovative, high-performing, commercial environment that's totally focused on customers. As an M&G Prudential colleague you'll get all the support you'd expect, including full training and professional development. You'll receive a competitive salary and reward package. And in a fast-changing world, you'll join an organisation that's leading the way in helping customers achieve their long-term financial goals.

M&G Prudential is committed to a diverse and inclusive workplace. Our role as an employer is very simple - to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.

We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.