Vice President, Investment Risk Management

Khazanah Nasional Berhad; Kuala Lumpur; On-site; MYR 80,000 - 150,000; Full time

Job summary

An established industry player is seeking a highly skilled Investment Risk Manager to enhance risk governance within its dynamic investment environment. This pivotal role involves leading risk management efforts across multiple portfolios, developing quantitative risk models, and fostering a strong risk culture. You will engage with internal and external stakeholders, ensuring effective risk assessment and policy development. If you possess a deep understanding of financial markets and a passion for risk management, this opportunity offers a chance to make a significant impact while advancing your career in a growth-oriented setting.

Qualifications

• 10+ years in financial or asset management, with focus on investment risk.
• Proven experience in stress testing methodologies and risk model validation.

Responsibilities

• Lead risk management for Public Market and Treasury portfolios.
• Develop and maintain quantitative risk models for asset classes.
• Engage with stakeholders to address investment risk concerns.

Skills

Investment Risk Management

Quantitative Risk Analysis

Financial Markets Knowledge

Analytical Skills

Communication Skills

Education

Bachelor's Degree in Finance

Master's Degree (advantageous)

Professional Certifications (FRM, CFA)

Tools

Risk Management Tools

Quantitative Risk Models

Job description

About Khazanah Nasional (“Khazanah”)

Khazanah is Malaysia’s sovereign wealth fund that was established in 1994 with mandate to invest and deliver sustainable value for Malaysians. We strive to find balance between growing financial returns with appropriate risk-adjusted financial returns and developmental investments that delivers identified socio-economic impact to benefit future generations.

By joining us, you will be working in an environment that upholds core values of professionalism, diligence, teamwork, integrity, and mutual respect. We offer a dynamic, intellectually rigorous, and growth-oriented environment for your personal and professional growth.

Position Overview

We are seeking a highly skilled, focused, and motivated Investment Risk Manager to join our Governance, Risk, and Compliance (GRC) team at Khazanah Nasional Berhad.

As the Financial Quantitative Risk Analyst (Investment Risk) Vice President (VP), you will play a pivotal role in strengthening investment risk management across the Public Market portfolio, Dana Impak mandate, and Treasury portfolio.

In this role, you will:

• Support the first line of defense in identifying, assessing, and managing investment risks to enhance portfolio resilience and increase the likelihood of achieving strategic objectives.
• Leverage existing risk management tools to ensure key portfolios are well-monitored and effectively managed.
• Act as a key member of the second line of defense, proactively engaging with internal and external stakeholders to implement a comprehensive investment risk framework.
• Continuously explore and integrate innovative risk management tools to enhance decision-making and mitigate potential exposures.
• Foster a strong risk culture across the organization, embedding risk awareness and best practices into daily operations.

This role offers an exciting opportunity to drive risk excellence and enhance risk governance within a dynamic and strategic investment environment.

Key Responsibilities

1. Risk Management:

• Lead and supervise the team in supporting the first line of defense in managing investment risks for the Public Market, Dana Impak, and Treasury portfolios.
• Oversee the review and assessment of risks for new investment proposals, conducting thorough analyses to support informed decision-making.
• Ensure annual reviews of risk controls for Public Market, Dana Impak, and Treasury portfolios, identifying areas for improvement and implementing necessary enhancements.
• Oversee the execution of annual stress testing exercises for Public Market portfolios to assess their resilience under different market conditions.

2. Risk Analysis & Modelling:

• Develop, implement, and maintain quantitative risk models across multiple asset classes, including public equities, private equity, and quantitative mandates.
• Establish quant risk capabilities within the team to effectively support Public Market quantitative strategies.
• Conduct in-depth risk assessments, including risk-return analysis, downside risk evaluations, and tail risk management to quantify risk exposures.
• Contribute to the development of proprietary risk models to monitor and manage portfolio risks more effectively.
• Mentor and train junior staff, enhancing their technical knowledge and skill sets to become proficient in quantitative risk management.

3. Stakeholder Engagement:

• Maintain proactive engagement with the Public Market and Dana Impak deal teams through regular discussions, addressing risk-related concerns and providing strategic insights.
• Participate in deal team meetings, contributing expertise where the investment risk team's presence is required.
• Conduct virtual engagements or site visits to external EFMs (External Fund Managers) on investment risk matters, fostering and maintaining strong working relationships.

4. Policy Development:

• Assist in the development and maintenance of risk management policies and guidelines, ensuring alignment with industry standards and regulatory requirements.

5. Reporting and Audit:

• Develop comprehensive investment risk reports, utilizing relevant risk analysis tools to provide senior management with actionable insights.
• Oversee and resolve audit findings related to investment risk management for Public Market, Dana Impak, and Treasury operations, demonstrating a commitment to continuous improvement.

Qualifications and Experience

• Bachelor's degree in Actuarial Science, Finance, Accounting, Economics, Statistics, Engineering, Computer Science or a related field is required. While a Master's degree or professional certifications such as FRM (Financial Risk Manager) or CFA (Chartered Financial Analyst) would be advantageous, they are not mandatory.
• Minimum of 10 years of experience in the financial or asset management industry, with at least 7 years focused on investment risk management.
• Deep understanding of financial markets, investment products, and risk management methodologies.
• Proven experience with stress testing methodologies and risk model validation.
• Strong analytical and problem-solving skills, with meticulous attention to detail.
• Exceptional written and verbal communication skills, with the ability to clearly and concisely convey complex concepts.
• Demonstrated ability to collaborate effectively in a team-oriented environment and manage multiple priorities simultaneously.

We encourage and value applications from all backgrounds, identities, and experiences whereby all qualified candidates will be assessed in a fair and equitable manner. Our employment decisions are based on merit, business needs, and job requirements.