Senior Associate - Investment Risk

Waystone; Leinster; On-site; EUR 65,000 - 95,000; Full time

Job summary

Waystone, based in Ireland, seeks a Senior Associate - Fund Risk to support the Fund Risk function through risk reporting and oversight for regulated funds. The role focuses on market risk analytics and monitoring investment compliance limits to safeguard client portfolios.

The position requires a solid understanding of fund regulations, data analysis skills, and the ability to present risk insights to senior stakeholders.

Qualifications

• A minimum of a 3rd level Degree in Finance, Business or similar field is required.
• A Master’s Degree in a Finance or Mathematical field or a related professional qualification would be desirable but is not a requirement.
• Minimum of two years’ experience in the finance/funds/investment management industry.
• Proficiency with Microsoft applications including Excel, Powerpoint, and Word is required; experience with Bloomberg, RiskMetrics or similar systems would be beneficial.
• Understanding of computer programming languages such as VBA, SQL or Python.
• Clarity of analysis and of expression, both written and oral.
• Commitment to ongoing professional and personal development.

Responsibilities

• Reviewing fund-related reports provided by Investment Managers
• Performing due diligence on Investment Managers as part of client acceptance process
• Analysing the key risk indicators of client portfolios
• Preparing of regulatory reports such as Annex IV
• Conducting liquidity stress testing in accordance with each fund’s policy
• Preparing risk reporting for monthly review by Risk Committee
• Presenting risk analysis at external fund board meetings

Skills

Analytical thinking

Written and verbal communication

Attention to detail

Education

Bachelor's degree in Finance, Business or related field

Master's degree in Finance or Mathematics desirable

Tools

Bloomberg

RiskMetrics

Excel

PowerPoint

Word

VBA

SQL

Python

Job description

About Waystone

Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years’ experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion.

All Waystone employees are expected to demonstrate our core competencies as outlined below. The Senior Associate - Fund Risk role has unique requirements and duties; however, these responsibilities are to be executed within the organization’s framework of core values. Waystone expects all employees to be high performing, self-motivated, learners and leaders.

Summary:

The Senior Associate – Fund Risk will support the Fund Risk function through risk reporting and oversight for regulated funds. The role will predominantly center around risk reporting for ManCo clients, in particular the calculation of market risk analytics and monitoring of investment compliance limits. A sound knowledge of fund regulations, and an understanding of the environment that funds operate in, is essential to the role.

DUTIES AND RESPONSIBILITIES

• Reviewing fund-related reports provided by Investment Managers

• Performing due diligence on Investment Managers as part of client acceptance process

• Analysing the key risk indicators of KBA’s client portfolios

• Preparing of regulatory reports such as Annex IV

• Conducting liquidity stress testing in accordance with each fund’s policy

• Preparing risk reporting for monthly review by KBA’s Risk Committee

• Presenting risk analysis at external fund board meetings

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

• A minimum of a 3rd level Degree in Finance, Business or similar field is required. A Master’s Degree in a Finance or Mathematical field or a related professional qualification would be desirable but is not a requirement.

Experience:

• Minimum of two years’ experience in the finance/funds/investment management industry

• An understanding of fund operations and accuracy in examining data.

• A high level of proficiency with Microsoft applications including Excel, Powerpoint, and Word is required while experience with Bloomberg, RiskMetrics or similar systems would be beneficial.

• An understanding of computer programming languages such as VBA, SQL or Python

• Clarity of analysis and of expression, both written and oral

• A commitment to on-going professional and personal development.