Senior Risk Analyst on Asset Management Activities

Generali Italia; Italia; In loco; EUR 70.000 - 100.000; Tempo pieno

Descrizione del lavoro

A leading global insurance and asset management provider seeks a Risk Operating Framework specialist. The role involves designing a framework for performance monitoring in asset management, enhancing the Investment Risk framework, and working closely with stakeholders. Ideal candidates hold a Bachelor's in Economics, Finance, or Quantitative fields, with 7-10 years of experience in the sector and strong analytical skills.

Competenze

• 7-10 years of relevant experience in asset management or financial institutions.
• Knowledge of financial markets and regulations.
• Experience with private assets like Private Debt and Private Equity.

Mansioni

• Design and develop a framework for monitoring asset managers' performance.
• Structure analyses using relevant KPIs for performance tracking.
• Automate reporting processes to Senior Management and relevant Boards.

Conoscenze

Knowledge of Asset Management practices

Risk Management methodologies

Proficiency in VBA

Excellent interpersonal skills

Proactive approach

Formazione

Bachelor's degree in Economics

Bachelor's degree in Finance

Bachelor's degree in Quantitative disciplines

Strumenti

Risk Metrics

Liquidity Metrics

Preqin

Quantyx

Descrizione del lavoro

Within the Group CRO function, we are seeking a talented and proactive individual to join the Group Risk Operating Framework (Group ROF) Unit. The main mission will be to establish specific controls on Asset Management (AM) activities.

Key responsibilities include:

1. Design and develop a dedicated framework to monitor the overall performance of Group asset managers, including tracking assets under management and the performance of underlying funds.
2. Structure analyses by identifying relevant Key Performance Indicators (KPIs) such as YTM, TR, etc., depending on asset classes.
3. Apply market best practices and techniques for performance attribution analyses and benchmarking against indexes or alternative investments.
4. Collaborate with stakeholders inside and outside the Group CRO to gather necessary information for framework setup.
5. Assess implications on Insurance portfolios linked to funds and perform impact analyses on P&L.
6. Automate monitoring processes, including historical performance tracking and analysis automation.
7. Automate reporting to Senior Management and relevant Boards.

Additionally, the role involves enhancing the Investment Risk framework through:

1. Mapping the Assets under Management (AuM) managed by Group AM Companies, distinguishing between Generali Portfolios and Third-Party assets.
2. Defining appropriate risk-adjusted KPIs considering existing risk indicators for Insurance Portfolios.
3. Enhancing monitoring and reporting of higher-risk asset classes like Private Debt, Private Equity, and Infrastructure.
4. Monitoring the performance and distribution of specific investment initiatives against approved proposals.

Requirements

Ideal candidates will meet the following:

• Bachelor's degree in Economics, Finance, or Quantitative disciplines.
• 7-10 years of relevant experience in asset management or financial institutions, preferably in Investments or Risk Management.
• Knowledge of Asset Management industry practices, regulations, financial markets, and risk management methodologies.
• Experience with private assets (e.g., Private Debt, Private Equity, Real Estate), valuation, and risk-return profiles.
• Familiarity with risk management software (e.g., Risk Metrics, Liquidity Metrics) and data providers (e.g., Preqin, Quantyx) is a plus.
• Proficiency in VBA, Matlab, or similar programming languages.

Soft skills include:

• Proactive approach and strong learning capability.
• Excellent interpersonal skills for stakeholder interaction.
• Ability to organize, analyze, and report information effectively.
• Resilience under stress and ability to meet tight deadlines.
• Knowledge of a second European language (French, German, or Spanish) is advantageous.

Company Profile

Generali Group Head Office is the central unit of the Generali Group, a leading global insurance and asset management provider established in 1831. The Group operates in over 50 countries, with a premium income of €82.5 billion in 2023, employing around 82,000 staff serving 70 million customers. Generali emphasizes customer-centric solutions, innovation, digitalization, and sustainability to create stakeholder value and foster societal resilience.