Portfolio Risk & Controls Analyst

Initio Capital; New York (NY); Hybrid; USD 140,000 - 185,000; Full time

Job summary

Initio Capital is looking for a Portfolio Risk & Controls Analyst based in New York. This hybrid role involves portfolio-wide risk monitoring and controls management crucial for investment firms.

The ideal candidate has a bachelor's degree in finance or related fields, strong analytical skills, and prior experience in investment banking or risk management. The position offers total compensation ranging from $140,000 to $185,000, depending on experience.

Qualifications

• Strong understanding of financial statements, leverage, cash flow, and risk drivers.
• Experience with scenario or sensitivity analysis preferred.
• Familiarity with controls, compliance, or governance concepts is a plus.

Responsibilities

• Monitor financial, operational, liquidity, and covenant-related risks.
• Support development of portfolio risk frameworks and control processes.
• Perform sensitivity, downside, and stress-testing analyses.

Skills

Strong Excel and financial analysis skills

High attention to detail and strong analytical judgment

Ability to communicate risk clearly

Ownership mindset with strong follow-through

Education

Bachelor’s degree in Finance, Economics, Accounting, Engineering, Mathematics, or related field

Job description

Location: New York, NY (Hybrid)

Type: Full-Time

Compensation: $140,000 – $185,000 total compensation (varies by employer)

Portfolio Risk & Controls Analyst

This role supports portfolio-wide risk monitoring, internal controls, and governance processes for investment firms.

Day-to-Day Responsibilities

Portfolio Risk Monitoring & Analysis

• Monitor financial, operational, liquidity, and covenant-related risks across portfolio companies
• Track portfolio exposure relative to underwriting assumptions and risk limits
• Identify early warning indicators and escalating risk signals

Controls, Governance & Oversight

• Support development and maintenance of portfolio risk frameworks and control processes
• Assist with documentation of controls, reporting standards, and governance procedures
• Coordinate with finance, legal, and compliance teams on portfolio oversight matters

Downside & Scenario Analysis

• Perform sensitivity, downside, and stress‑testing analyses at the asset and portfolio level
• Evaluate capital structure risks, refinancing needs, and covenant headroom
• Support risk assessments related to leverage, cash flow volatility, and macro exposure

Investment Committee & Reporting Support

• Prepare risk‑focused materials for investment committee and portfolio review meetings
• Summarize key risk exposures, mitigation plans, and control gaps
• Support periodic portfolio risk reporting to firm leadership and LP‑facing teams

Portfolio Company Interaction

• Work with portfolio company finance teams to gather risk‑related data and reporting
• Assist in reviewing budgets, forecasts, and covenant compliance materials
• Support remediation tracking for identified risk or control issues

What Makes This Work Engaging

• Direct exposure to how private markets firms manage downside risk post‑investment
• Visibility into capital structures, covenants, and portfolio‑level risk aggregation
• Interaction with senior investors, finance leaders, and operating partners
• Strong foundation for careers in risk management, portfolio operations, or investing

Ideal Candidate Profile

Education & Technical Skills

• Bachelor’s degree in Finance, Economics, Accounting, Engineering, Mathematics, or related field
• Strong Excel and financial analysis skills; experience with scenario or sensitivity analysis preferred
• Solid understanding of financial statements, leverage, cash flow, and risk drivers
• Familiarity with controls, compliance, or governance concepts is a plus

Experience (Formal or Informal)

• Prior internships or experience in investment banking, private equity, private credit, audit, risk, consulting, or corporate finance preferred
• Demonstrated interest in risk management, portfolio oversight, or investment governance

Soft Skills & Mindset

• High attention to detail and strong analytical judgment
• Ability to communicate risk clearly and objectively
• Structured thinker comfortable assessing downside scenarios
• Ownership mindset with strong follow‑through
• Curious, coachable, and comfortable working across teams