Senior Risk Analyst - Portfolio & Model Risk

Generali; Lombardia; Hybrid; EUR 45,000 - 55,000; Full time

Benefits offered by this job

Health insurance

Pension scheme

Hybrid/Smart-working

Group products access

Training programs

Mobility opportunities

Job summary

Generali Asset Management in Lombardy seeks an experienced Risk Analyst to monitor and analyze key risk factors across markets, credit, liquidity and counterparty risks. The role reports to the Risk Factor Analysis Manager and emphasizes independent risk assessment and data-driven insights.

You will develop models, conduct stress tests, and prepare risk reports for senior management while collaborating with Portfolio Managers, Risk Advisory and Investment Control to strengthen risk oversight.

Qualifications

• Bachelor's degree in Economics, Finance or related field.
• 5–7 years of relevant risk analysis experience.
• Strong quantitative modelling and mathematical background.
• Proficiency in Python, SQL, Power BI; AI-enabled tools appreciated.

Responsibilities

• Monitor and analyze market, credit, liquidity, concentration, and counterparty risks.
• Develop and enhance risk models and internal tools used for risk measurement.
• Conduct stress testing, scenario analysis, and what-if analyses for asset resilience.
• Assess risk on illiquid investments and provide independent opinions.
• Prepare high-quality risk reports and presentations for senior management and committees.
• Collaborate with Portfolio Managers, Investment Teams, Risk Advisory and Investment Control functions.
• Support regulatory requirements related to UCITS, AIFMD, Solvency II.
• Drive data analytics, automation, and advanced risk management techniques.
• Participate in model validation and continuous improvement of risk framework.
• Promote a strong risk culture across the organization.

Skills

Quantitative risk methods

Python

SQL

Power BI

AI tools

MSCI RiskMetrics

Education

Bachelor's in Economics/Finance

Tools

MSCI RiskMetrics

Bloomberg

MSCI LiquidityMetrics

Job description

Generali Asset Management in Lombardy seeks an experienced Risk Analyst to monitor and analyze key risk factors across markets, credit, liquidity and counterparty risks. The role reports to the Risk Factor Analysis Manager and emphasizes independent risk assessment and data-driven insights.

You will develop models, conduct stress tests, and prepare risk reports for senior management while collaborating with Portfolio Managers, Risk Advisory and Investment Control to strengthen risk oversight.