Senior Investment Risk Manager

St. James's Place; City Of London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading investment firm in London is seeking a Senior Investment Risk Manager to enhance its investment risk framework. This role involves overseeing investment risks and providing critical analysis to senior stakeholders. The ideal candidate will have extensive experience in investment risk management within an asset management setting and proficiency in using advanced investment risk tools. The position offers a hybrid working model with competitive benefits including private medical insurance and generous parental leave.

Benefits

Annual bonus scheme

28 days annual leave plus bank holidays

10% non-contributory pension

Private medical insurance

Qualifications

• Extensive experience in investment risk management within an asset management environment.
• Strong working knowledge of multiple asset classes within a delegated investment framework.
• In-depth understanding of UCITS investment risk requirements.

Responsibilities

• Support the Head of Investment Risk in delivering effective investment risk oversight.
• Identify, monitor and assess key investment risks across funds.
• Produce high-quality investment risk reporting for senior stakeholders.

Skills

Investment risk management

Market risk

Liquidity risk

Derivatives risk

Cross-asset expertise

Tools

Bloomberg PORT

Aladdin

MSCI Barra

Axioma

Job description

Senior Investment Risk Manager

St. James's Place, London, United Kingdom

Are you ready to chart your own career path? With our refreshed strategy, we're building on our heritage and transforming our business to be more scalable and efficient, unlocking capabilities needed for future success. This includes investing in technology, streamlining the way we work and creating an environment where colleagues feel engaged, empowered and accountable; where they can show up, speak up and perform – because we believe in the difference our work makes.

Overview

• Location: London – Lombard Street Office
• Workplace Type: Hybrid
• Employment Type: Permanent
• Seniority: Mid-Senior Level

What you'll be doing

The Senior Investment Risk Manager sits within the Investment Risk & Insights team, part of the Investment Directorate, and plays a key role in delivering independent investment risk oversight for SJP Unit Trust Group (UTG), one of the UK's largest UK-domiciled AFMs. Operating as a 1.5 line-of-defence function, the team acts as a proactive challenge partner to Investment teams while providing critical investment risk insight, oversight and escalation to senior stakeholders, governance committees, and ExCo/Board. This role applies deep technical investment risk expertise across a broad range of asset classes and delegated investment structures, supporting the Head of Investment Risk and strengthening SJP's overall investment risk framework and governance.

Key Responsibilities:

• Support the Head of Investment Risk in delivering effective investment risk oversight across SJP funds and delegated managers.
• Identify, monitor and assess key investment risks (including market, liquidity and counterparty risk) across funds, portfolios and strategies.
• Oversee delegated investment managers, ensuring adherence to SJP investment guidelines, risk frameworks and regulatory requirements, including regular due diligence and portfolio reviews.
• Produce high-quality investment risk reporting, analysis and insight for senior stakeholders, including CIO, CRO, Investment Committees and governance forums.
• Act as a constructive challenge partner to Investment teams, providing informed risk advice aligned to SJP's risk appetite.
• Apply advanced risk tools and analytics (e.g. Bloomberg PORT/LQA, Aladdin or equivalent) across equities, fixed income, multi-asset, alternatives and private markets.
• Review and quality-assure work produced by less experienced team members, providing technical guidance and mentoring.
• Support new product development by assessing investment risk, liquidity and regulatory considerations within the AFM framework.

Who we're looking for

We are looking for an experienced investment risk professional with strong technical capability, sound judgement and the confidence to engage credibly with senior investment stakeholders. The ideal candidate will bring deep cross-asset investment risk experience within a delegated management and AFM environment, combined with a collaborative mindset and the ability to act as a trusted challenge partner. You will be comfortable operating in a highly regulated environment, influencing decision-making through clear analysis and insight, and contributing to the development of both people and processes within Investment Risk.

Skills & Experience:

Essential

• Extensive experience in investment risk management, including market, liquidity and derivatives risk, within an asset management or AFM environment.
• Strong working knowledge of multiple asset classes within a delegated investment framework, including third-party managed segregated accounts.
• In-depth understanding of UCITS investment risk requirements, including liquidity risk management for daily-dealing funds.
• Proven experience using sophisticated multi-factor investment risk tools (e.g. Bloomberg PORT/LQA/MARS, Aladdin, MSCI Barra, Axioma or similar).
• Broad cross-asset expertise spanning equities, fixed income and alternative investments, with experience conducting investment risk due diligence on external managers.

Desirable

• Experience with multi-asset portfolio construction and risk management within multi-manager structures.
• Knowledge of portfolio protection strategies (e.g. tail hedging, CTAs, managed futures).
• Prior experience mentoring or managing junior investment risk professionals.
• Experience with illiquid assets, hedge funds or liquid alternatives, and/or working knowledge of Python (ideally within Bloomberg BQuant).

What’s in it for you?

We reward you for the work you do, whether that's through our discretionary annual bonus scheme that reflects both personal and company performance, competitive annual leave allowance (28 days plus bank holidays, with the option to purchase an additional 5 days), or online rewards platform with a variety of discounts. We also have benefits to support whatever stage of life you are in, including:

• Competitive parental leave (26 weeks full pay)
• Private medical insurance (optional taxable benefit)
• 10% non-contributory pension (increasing with length of service)

Reasonable Adjustments

We’re an equal opportunities employer and want to ensure our recruitment process is accessible and inclusive for all. If you require reasonable adjustment(s) at any stage please let us know by emailing [e-mail]

Research tells us that applicants (especially those from underrepresented groups) can be put off from applying for a role if they do not meet all the criteria or have been on an extended career-break. If you think you would be a good match for this role and can demonstrate some transferable experience please apply, regardless of whether you tick every box.

What’s next?

If you're excited about this role and believe you have the skills and experience we're looking for, we'd love to hear from you! Please submit an application by clicking “apply” below and our team will be in touch. As a business regulated by the FCA we would advise you to familiarise yourself with the conduct regulations and in particular consumer duty obligations prior to an interview with SJP.

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