Investment Risk Manager

LGPS Central; West Midlands; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

An asset management company in the UK is seeking an Investment Risk Manager to enhance compliance with risk policies across Public and Private Markets. This position requires experience in investment risk management, strong data analysis skills, and excellent communication abilities. The role offers a hybrid working environment and many employee benefits, including a competitive salary and generous pension scheme.

Benefits

Competitive salary

30 days' paid holiday plus bank holidays

Enhanced and generous Pension Scheme

Excellent Learning & Development Opportunities

Vitality Private Medical Insurance

Hybrid Working

Qualifications

• Experience in an Investment Risk Management function at least at analyst level.
• Ability to deal with very large data sets from multiple sources.
• Some experience in writing Policies and Committee papers.
• Good understanding of various Public Markets and Private Markets assets.
• Familiar with market, credit, and liquidity risk management.

Responsibilities

• Support the Investment Risk Policy and LGPS Central Investment Risk Universe.
• Ensure accurate and timely production of BAU risk reports.
• Advocate for investment risk across the company and main stakeholders.
• Deputise for the Senior Investment Risk Manager as required.

Skills

Investment Risk Management experience

Data analysis from large datasets

Communication of complex matters

Presentation skills

Problem-solving abilities

Education

Relevant degree in quantitative, scientific or financial discipline

FRM, CQF, CFA preferred

Tools

Power BI

Tableau

Job description

Join LGPS Central at a pivotal moment - where operational excellence powers long-term investment impact.

The Investment Risk Manager is in the contributes to ensuring that the LGPS Central Investment Risk Policy is being followed across Public and Private Markets and embedded into the Company's investment management activity.

The postholder takes initiative to ensure that the policy and it sub-policies remain relevant and exploring any opportunities to further strengthens LGPS Central approach to Investment Risk Management.

The role seeks to have experience across Public and Private Market Investment Risk Management.

The Investment Risk Manager will be a "can do" person who will work towards a high standard with a limited amount of supervision and a good understanding around governance, deputising for the Senior Investment Risk Manager when required.

What you'll be doing

• Contributes and supports the Investment Risk Policy and the LGPS Central Investment Risk Universe
• Takes the lead to ensure that BAU risk reports are being produced accurately and in time
• Explores and collaborates on opportunities to improve current approach to risk reporting
• Supports independently the Senior Investment Risk Manager on any new fund (or mandate) launches or any changes to existing funds and mandates
• Promotes investment risk to make investment risk a value add across to company and main stakeholders
• Writes with minimal supervision papers for approval and noting to the Investment Committee and other Committees
• Takes part Investment Risk team development and training via informal and continuous professional development
• Deputise for the Senior Investment Risk Manager as required
• Supports on implementing a continuous oversight process in Private Markets
• Takes active part on any audit topics in the Investment Risk Management Team
• Takes the lead of understanding and developing any quantitative risk models
• Be an ambassador for investment risk, quant topics, technology and automation
• Supports the Senior Investment Risk Manager of providing the investment teams with market and portfolio risk insights across Public and Private Markets

About Us

LGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.

LGPS Central's Partner Funds are

• Cheshire Pension Fund
• Derbyshire Pension Fund
• Leicestershire Pension Fund
• Nottinghamshire Pension Fund
• Shropshire Pension Fund
• Staffordshire Pension Fund
• West Midlands Pension Fund
• Worcestershire Pension Fund

The Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.

LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.

Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.

Requirements

• Previous experience in an Investment Risk Management Function at least at analyst level having demonstrated to be ready for a manager position
• Ability to deal with very large data sets from multiple sources
• Experience in Power BI, Tableau or similar preferred
• Some experience in writing Policies and Committee papers
• Good understanding of various Public Markets and Private Markets assets
• Some experience in investment risk management risk models
• Familiar with market, credit and liquidity risk management
• Good knowledge on investment risk metrics, stress testing etc
• Able to communicate complex and highly-technical matters in a way which is understandable and relevant.
• Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems.
• Strong presentation, report-writing and verbal communication skills
• Achiever mentality with a collaborative and compassionate mindset

Qualifications

• Relevant degree, a quantitative, scientific or financial discipline preferred
• First experience in managing an analyst or similar
• FRM, CQF and CFA preferred
• Fulfil criteria for SMCR certification

What do we offer

We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy :

• Competitive salary
• An enhanced and generous Pension Scheme
• 30 days' paid holiday plus bank holidays
• 2 days paid volunteering days
• An extra paid Company Day in addition to paid holidays
• Excellent Learning & Development Opportunities
• Welfare and Family friendly policies
• Enhanced pay for new parents
• Access to our Employee Assistance Programme 247 Health & Wellbeing Support
• Vitality Private Medical Insurance
• Hybrid Working
• Company Service Awards
• Cycle to Work Scheme
• Company Electric Vehicle Scheme
• Nominees of the Family Friendly Employer of the Year 2022 Personnel Today Awards 2022
• Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023
• Winner of Diversity and Inclusion Award LAPF In Investments Award 2023