Risk Analytics Senior Associate

Octagon Credit Investors; New York (NY); On-site; USD 180,000 - 240,000; Full time

Benefits offered by this job

Competitive salary

Medical, dental, vision insurance

401(k) matching

Education/Designation support

Job summary

Octagon Credit Investors, LLC is seeking a candidate to scale the firm’s investment risk and portfolio analytics capabilities as it grows and broadens its asset-class offerings. You will work with risk, portfolio analytics, and trading teams to move to an insight-driven framework that supports decision-making.

A strong foundation in fixed-income analytics is essential; familiarity with CLO structures and risk dynamics is a plus.

Qualifications

• 6+ years of relevant experience at an institutional asset management firm, investment bank, or consulting firm.
• Proficiency with Python, SQL and Excel; experience with data analytics and AI tools.
• Strong understanding of data and statistics; familiarity with structured credit and CLOs is a plus.

Responsibilities

• Strengthen investment risk framework and analytical capabilities with Portfolio Managers and Risk/Analytics teams.
• Measure and monitor portfolio, credit, market, liquidity, concentration, and geopolitical risk across products.
• Develop MPT statistics, risk models, and stress-testing to model scenarios (spread widening, rate shocks, recession).
• Enhance performance attribution and link macro conditions to returns for positioning and risk-taking decisions.
• Improve data/reporting architecture and use AI-enabled tools to automate routine reporting.

Skills

Python

SQL

Excel

Data analytics

AI tools

Statistics

Cross-functional

Communication

Tools

Bloomberg

Factset

RiskMetrics

Intex

Kanerai

Job description

Octagon Credit Investors, LLC is a $32 billion asset manager specializing in broadly syndicated loans and high yield bonds (i.e., liquid credit), structured credit (CLO debt and equity), multi-asset credit, and direct lending strategies. Over our 30+ year history, Octagon has developed a rigorous investment process based on fundamental credit analysis, relative value positioning, and active risk management to generate attractive risk-adjusted returns for investors. Octagon counts major financial institutions, insurance companies, and pension funds around the globe among our largest investors. Through our various investment platforms, we seek to provide investors with differentiated access to the US below investment grade corporate credit and private credit markets.

Octagon is majority-owned by Conning, a leading global investment management firm with a long history of serving the insurance industry. Octagon and Conning are part of Generali Investments, an ecosystem of asset management firms operating in more than 20 countries, offering distinctive strategies and expert insights to help investors achieve long-term performance. Generali Investments is the asset management arm of the Generali Group, one of the world's largest insurance and asset management groups.

Currently comprising approximately 100 employees, Octagon strives to foster a team-based culture built upon communication, trust, accountability, and dedication to client partnership. Octagon believes that providing a challenging and rewarding career, combined with a supportive work environment, incents employees to remain at the firm. We also embrace the principles of diversity, equity, and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone’s voice is heard, every idea counts, and the differences of our employees are valued.

Position Summary:

Octagon is seeking a candidate to scale the firm’s investment risk and portfolio analytics capabilities as it grows and broadens its asset-class offerings. Operating as an extension of both the Risk and Portfolio Analytics teams and partnering closely with Portfolio Managers, Trading, and Credit Research, the ideal candidate will help move the firm from its current data and reporting framework to a more robust, insight-driven future state that supports decision-making.

A strong foundation in fixed-income analytics is essential; a working understanding of CLO structures and risk dynamics, or the aptitude to build it quickly, is a strong plus. Proficiency in Python, SQL, and reporting tools is expected, with the ability to analyze using both traditional and AI-enabled tools.

Essential Duties and Responsibilities:

The new hire will help the Chief Risk Officer, Portfolio Managers, and the Portfolio Analytics team strengthen the firm’s investment risk framework and analytical capabilities, with responsibility to:

• Strengthen portfolio construction through deeper analysis of position sizing, diversification, risk budgeting, and trade-offs
• Measure and monitor portfolio, credit, market, liquidity, concentration, and geopolitical risk across the firm’s product range
• Monitor CLO structural risk across the firm’s largest asset class, OC/IC coverage cushions and par build, collateral quality tests (WARF, WAS, diversity, CCC/Caa buckets), reinvestment and amortization dynamics, and tranche subordination
• Develop MPT statistics, factor-based risk models, and sensitivity analysis, and build stress-testing and scenario analysis to test firm-wide and portfolio-level performance under scenarios such as spread widening, rate shocks, industry shifts, recession, and ratings migration
• Deepen absolute and relative concentration analysis and assess how portfolios are positioned against risk limits and guidelines to surface exposures and inform positioning and risk-taking decisions
• Enhance performance attribution across the full product range, decomposing returns into their drivers (allocation versus selection, sector and rating-bucket contribution, spread and duration effects, carry versus price) and link macro and market conditions to them, to explain performance and feed insight back into positioning
• Benchmark portfolios against relevant indices and funds; surface drift and unintended exposures; and assess how peer multi-asset credit platforms are built and positioned
• Strengthen the firm’s data and reporting architecture so analytics are reliable and scalable, using AI-enabled tools to accelerate analysis, automate routine reporting, and extend coverage
• Contribute to ongoing portfolio risk assessment, producing recurring risk reporting and joining weekly and monthly discussions with Portfolio Managers
• Help keep Octagon at the forefront by tracking changes in data, tools, and market practice and staying close to how other investment risk professionals’ approach similar problems through industry research, peer networks, and conferences
• Proactively take on ad hoc projects and provide support for new business initiatives, as needed

Areas of Knowledge, Skills, and Abilities/Qualifications:

• 6+ years of relevant experience, ideally at an institutional asset management firm, investment bank, or consulting firm
• Proficiency with Python, SQL and Excel
• Experience with data analytics and AI tools
• Strong understanding of data and statistics
• Understanding of financial markets and credit instruments; familiarity with structured credit and CLOs a plus
• Flexibility to work independently and in a cross-functional environment
• Experience with Bloomberg, Factset, RiskMetrics, Intex, and Kanerai preferred
• Comfortability interacting, building relationships, and discussing and presenting complex topics across functions (including senior management) within the firm and affiliated organizations
• Exemplary attention to detail and accuracy
• Ability to multitask and respond to changing priorities in a time-sensitive environment
• Highly motivated, proactive team player with a positive attitude
• Exhibits a strong commitment to upholding Octagon's core values of honesty and integrity; must accept responsibility to comply with all applicable rules, regulations, and legal requirements

Potential Compensation and Benefits Offerings:

• Competitive salary and eligibility for year-end performance-based bonus
• Medical, dental, vision, life, and disability insurance
• 401(k) matching program
• Employee Assistance Program (“EAP”)
• Professional designation and licensure assistance
• Family support and leaves of absence

Note:

Octagon Credit Investors is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including gender, gender identity, sexual orientation, or pregnancy), marital status, national origin, disability, age, or veteran status.

Please note that Octagon does not sponsor work visas or immigration-related employment benefits. We encourage all individual applications; please, no recruiters or agencies.