Portfolio Risk Analyst

Job Description

Risk Management in GenAM is in charge of risk management activities including risk identification and mitigation activities.

In particular, the Mark to Market Portfolio Risk Management structure is responsible for assessments and analysis aimed at ensuring efficient management of portfolio risk, through the definition of methodologies and processes for analyzing and monitoring the performance and main risk factors for the portfolios managed according to the Mark to Market approach.

The final candidate will perform the following activities:

• Performance analysis - portfolio attribution and contribution
• Risk analysis - calculation and interpretation; limit setting and monitoring alerts
• Knowledge of Market Risk, Credit Risk, Liquidity Risk and Concentration/Counterparty Risk
• Knowledge of main latest European Regulations concerning UCITS, AIFMD or MMF, EMIR, PRIIPs and any other related to the asset management business will be a plus
• Liaise with and support stakeholders - explaining calculations, fulfill ad hoc requests and delivering analytical presentations for internal (Board of Directors, Management Committee etc.) and external clients
• Process optimization - developing best practices, increasing efficiency, enhancing capabilities, and mitigating risks

Requirements

Our ideal candidate will meet the following requirements:

• University education in Economics, Finance area or related field required
• Fluent in English (spoken and written), other languages and in particular German and/or French are considered an advantage
• It is expected the job holder to have an average of 2/3 years existing knowledge and experience in the Risk Management area of Asset Management Company or Financial Advisory for Institutional Investors
• Possess strong knowledge of financial products, business processes, and industry best practices and regulatory requirements for model risk management
• Knowledge of Private Assets is considered an advantage
• Knowledge of statistical techniques and their applications
• Knowledge and expertise of tools and software such as Bloomberg and Microsoft Office
• Experience with RiskMetrics tool and/or SimCorp will be a plus
• Knowledge and expertise of programming languages such as VBA, SQL and Phyton is required; other main databases and statistical tools for finance is a plus and would be appreciated skills

Nice to Have

• Knowledge of Solvency II and LDI solutions would be an additional appreciated skill

Soft Skills

• Well-developed organizational skills, flexibility, problem solving, ability to deal with different departments within the organizational framework
• Availability for business trips
• A strong team orientation, strong communication and creative-thinking skills
• Focused on continuous improvement, quality and delivery

Company Profile

Generali is a major player in the global insurance industry - a strategic and highly important sector for the growth, development and welfare of modern societies. Over almost 200 years, we have built a multinational Group that is present in more than 60 countries, with 470 companies and nearly 80,000 employees. Our Group aims to become the standard bearer and industry leader in the European retail insurance market, building on our existing base of 50 million retail clients, out of an overall total of 72 million.

Generali Asset Management is part of Generali Investments (GIH), a platform of asset management firms operating in more than 20 countries, offering distinctive strategies in public and private markets and expert insights to help investors achieve long-term performance. With more than €670 billion in assets under management and over 2,200 investment professionals, Generali Investments is the asset management arm of the Generali Group, one of the world's largest insurance and asset management players. Generali Investments supports each firm to innovate and grow with investment autonomy, ensuring they're set up to develop sustainable and innovative solutions. GenAM has several Offices (Milan, Trieste, Rome, Frankfurt, Cologne, Paris and Madrid), and almost 500 professionals.

Generali is proud to be an inclusive employer that considers applicants regardless of gender, gender identity, sexual orientation, ethnicity, disability, religion, political views, marital status or philosophy of life. If you have a disability or special need that requires accommodation or assistance we will support you during the selection process.