Senior Investment Risk Analyst

TN United Kingdom; Reading; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

An exciting opportunity for a Senior Investment Risk Analyst at a leading investment platform in the UK. In this role, you will provide independent oversight of investment management activities and collaborate with stakeholders to enhance risk management processes. The position offers a competitive salary, generous benefits, and a hybrid working model, ensuring a supportive and inclusive environment.

Benefits

Generous holiday allowance of 26 days

Holiday buy and sell scheme

Pension schemes with matched contributions up to 7%

Discretionary bonus scheme

Annual free share awards scheme

Health Cash Plan

Discounted private healthcare scheme

Free gym membership

Enhanced maternity, paternity, and shared parental leave

Personal development programmes

Qualifications

• Experience within the investment management industry.
• Operational/Enterprise Risk Management experience beneficial.
• Educated to degree level in a quantitative discipline preferred.

Responsibilities

• Provide independent oversight of investment products and services.
• Represent risk at internal investment and client forums.
• Develop insightful reports and analysis to monitor risk exposures.

Skills

Analytical skills

Attention to detail

Communication

Interpersonal skills

Planning

Organisation

Time management

Commercial awareness

Education

Degree in Finance, Mathematics, or Economics

Professional qualifications such as IMC or FRM

Job description

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An exciting opportunity has arisen for an Senior Investment Risk Analyst to join our second-line Risk Team at AJ Bell. In this key role, you’ll provide independent oversight of AJ Bell’s discretionary investment management activities, including the AJ Bell fund range and Model Portfolio Service (MPS).

Beyond oversight, you’ll work closely with the investments business area, helping embed our risk management framework and improving risk management processes. This role requires strong analytical skills, attention to detail, and the ability to collaborate with stakeholders at all levels.

Access to training and support will be available where required.

What are the key responsibilities?

Investment Oversight

• Provide independent oversight of investment products and services across the Group.
• Represent risk at internal investment and client forums, offering expert insights.
• Challenge and support portfolio positioning and risk management activities.
• Provide guidance on investment governance and regulatory compliance.
• Review and approve investment mandate changes, ensuring the IPS Register is up to date.
• Develop insightful reports and analysis to monitor ex-ante risk exposures.
• Monitor and review ex-post portfolio risk & performance metrics, ensuring alignment with investor expectations.
• Prepare and present Management Information (MI) and risk reports for committees and forums.
• Stay informed on industry developments and best practices in risk management.
• Support ad-hoc projects and initiatives, ensuring risks are effectively mitigated.
• Deputise for the Head of Risk when required.

Operational / Enterprise Risk Management

• Act as a risk business partner to the Investments Team, supporting risk identification, assessment, and management.
• Review Risk Events reported by the business, identifying and addressing control gaps and deficiencies.
• Conduct control testing as part of the annual Control Effectiveness Review (CER).
• Support the Internal Capital Adequacy and Risk Assessment (ICARA) process, including facilitating scenario workshops.

What you'll have:

Knowledge & Experience

• Experience within the investment management industry (decision-making responsibilities beneficial but not essential).
• Operational/Enterprise Risk Management experience is beneficial but not essential.
• Educated to degree level—a quantitative discipline (Finance, Mathematics, or Economics) is preferred.
• Professional qualifications such as IMC or FRM are advantageous.

Skills & Attributes

• Self-motivated with a genuine interest in investment management.
• Strong understanding of equity and fixed-income asset classes and associated risk drivers.
• Excellent communication and interpersonal skills.
• Meticulous attention to detail with strong analytical capabilities.
• Effective planning, organisation, and time management skills.
• Commercially aware, with an understanding of the broader business landscape.

Academic research indicates that some candidates can be reluctant to apply for vacancies unless they meet every individual criterion. If the job description sounds interesting, and you feel like you could be a good fit, then please don’t let this put you off applying!

About us:

AJ Bell is one of the fastest-growing investment platform businesses in the UK offering an award-winning range of solutions that caters for everyone, from professional financial advisers to DIY investors with little to no experience. We have over 593,000 customers using our award-winning platform propositions to manage assets totalling more than £90.4 billion. Our customers trust us with their investments, and by continuously striving to make investing easier, we aim to help even more people take control of their financial futures.

Having listed on the Main Market of the London Stock Exchange in December 2018, AJ Bell is now a FTSE 250 company.

Headquartered in Manchester with offices in central London and Bristol, we now have over 1,500 employees and have been named one of the UK's 'Best 100 Companies to Work For’ for six consecutive years and in 2024 named a Great Place to Work.

At AJ Bell you can expect a friendly working environment with a strong sense of teamwork, we have a great sense of pride in what we do, and this is reflected in our guiding principles.

What we offer:

• Generous holiday allowance of 26days, increasing up to 31 days with length of service
• Holiday buy and sell scheme
• A choice of pension schemes with matched contributions up to 7%
• Discretionary bonus scheme
• Annual free share awards scheme
• Buy As You Earn (BAYE) Scheme
• Health Cash Plan – provided by SimplyHealth
• Discounted private healthcare scheme and dental plan
• Free gym membership
• Employee Assistance Programme
• Sick pay+ pledge
• Enhanced maternity, paternity, and shared parental leave
• Loans for travel season tickets
• Charitable giving opportunities through salary sacrifice
• Calendar of social events, including monthly payday drinks, annual Christmas party, summer party and much more
• Personal development programmes built around you and your career goals, including access to personal skills workshops
• Ongoing technical training
• Peer recognition scheme, with rewards including restaurant and shopping vouchers or time off
• Monthly leadership breakfasts and lunches
• Casual dress code
• Access to a range of benefits from our sponsorship deals

At AJ Bell, our people are the heart of our culture. We believe in building strong connections by working together. That's why we offer a hybrid working model, where you’ll spend a minimum of 50% of your working time per month in the office. For new team members, an initial period will be full-time in the office to help you immerse yourself in our business and build valuable relationships with your colleagues.

AJ Bell is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and all employees are empowered to bring their whole self to work.

We do not discriminate on the basis of race, sex, gender identity, sexual orientation, age, pregnancy, religion, physical and mental disability, marital status and any other characteristics protected by the Equality Act 2010. All decisions to hire are based on qualifications, merit and business need.

If you like the sound of the above, or just want to know more about the company and the role, we'd love to speak to you.