Investment Risk Analyst
Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients. POSITION
The Risk Analyst, Fixed Income (Risk Analyst) position is part of the Global Risk & Analytics (GRA) team. GRA is the global investment risk function for Wellington and sits within the firm's Investment Science (iSci) department alongside these other key functions: Execution Research Analytics (XRA), Quantitative Investment Group (QIG), and Investment Data Science (IDS). The primary focus of GRA is leading Wellington Management's portfolio oversight, risk measurement, and security analytics processes across our broad multi-asset, hedge fund, equity, fixed income and research strategies. The Risk Analyst will work with our fixed income investment teams across the Americas, Europe and Asia, helping them use quantitative tools to inform their portfolio construction and investment processes.
The Risk Analyst will engage closely with Risk Managers and the portfolio teams they cover to better understand their investment processes and the investment risks inherent to those processes. A successful Risk Analyst will leverage Wellington's risk modeling and analysis platform to enhance the engagement of the Risk Managers with the Portfolio Management teams. S/he will also continually work to enhance the risk platform itself, to better meet the evolving needs of investors. The Risk Analyst will create or enhance clear, engaging reporting that emphasizes material portfolio risk sources from a variety of different angles, while ensuring that reporting is both accurate and relevant to the portfolio processes covered. Rapid response times and quick turnarounds commensurate to the dynamic demands of the investors are important. The Risk Analyst should be sufficiently confident in their analyses to interpret the outputs of their work, explaining or defending their conclusions within the Risk Management team or to the investment teams as appropriate. Risk Analysts are expected to be vocal, self-starting members of the team, challenging colleagues and independently reviewing risk-related data in their areas to highlight potential areas of concern or focus to Risk Managers for further review and potential follow-up.
The Risk Analyst role requires a strong knowledge of fixed income risk analysis gained from meaningful experience in institutional investment management and risk management. S/he should be continually apprised of investment trends to determine the risk implications and communicate the resulting risks within the group. The successful candidate will bring technical skill and knowledge, be adept at building collaborative working relationships with colleagues, and take proactive ownership for the quality of their work. RESPONSIBILITIES
Responsibilities for this position will include the following:
- Ensure reports, dashboards, or other tools of the Risk Management process are properly executed and reviewed for accuracy, with outliers or areas of concern highlighted to team members of the team;
- Engage with Risk Managers and other investment professionals on a daily basis, to ensure transparent measurement and reporting of risks in portfolios;
- Participate actively in the daily Risk Meetings and other dialogues on risk concerns and measurements;
- Actively engage on enhancing the Risk reporting infrastructure, including design of exhibits and reports to support the risk oversight process;
- Conduct ad-hoc research and analysis to address investor questions and support the engagements of Risk Management;
The ideal candidate will have a solid analytical foundation coupled with an analytical curiosity, strong organizational skills, passion for financial markets, be motivated by a team environment, and have the ability to learn about new analytical applications and investment products. He/she will have experience working with technology resources on implementation, particularly when combining risk concepts with data analysis. Demonstrated capability to work independently with primary data in mathematical packages is key, with experience in SQL and Python preferred (although other tools such as R or MatLab are also acceptable). Specific skills with risk models and/or data visualization tools are considered a plus.
Additional key qualifications include:
- 4+ years' experience in risk management within long/only and long/short fixed income portfolios. This may have been gained on the Buy-side, the Sell-side or Consultancy;
- Proven ability to partner with investment talent effectively;
- Demonstrable fixed income derivatives knowledge;
- Previous experience as a risk taker would be advantageous.
- Strong academic credentials: post-graduate degree preferred.
The Risk Analyst, Fixed Income will be based in Wellington's Global Headquarters in Boston, MA. SKILLS JOB TITLE
Investment Risk Analyst LOCATION
As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law . If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMCANINQ@wellington.com .