Risk Lead

TCW; Los Angeles (CA); On-site; USD 200,000 - 250,000; Full time

Benefits offered by this job

Comprehensive benefits package

Job summary

TCW is seeking a Risk Lead in Los Angeles, CA, to drive its Portfolio Risk Management function. This role involves overseeing the identification and management of portfolio-level risks, collaborating on risk analytics, and mentoring a team of risk professionals.

Candidates should have over 10 years of experience in portfolio risk within asset management and strong analytical skills. Compensation ranges from $200k to $250k, along with bonus eligibility and comprehensive benefits.

Qualifications

• 10+ years of experience in portfolio risk management within an asset management environment.
• Proven ability to manage risk across multiple asset classes.

Responsibilities

• Lead TCW’s portfolio risk management function and ensure adherence to risk appetite.
• Define and maintain portfolio risk metrics and methodologies.
• Manage and mentor a team of risk professionals.

Skills

Portfolio risk management

Communication skills

Leadership

Quantitative techniques

Education

Advanced degree in Finance, Economics, Mathematics

Tools

SQL

VBA

Python

Job description

Position Summary

The Risk Lead will direct the TCW's Portfolio Risk Management function within the Investment Risk & Quantitative Research (IRQR) department. Reporting to the Global Head of Investment Risk, this individual will oversee the identification, measurement, and management of portfolio-level risks across all strategies, ensuring robust governance and alignment with TCW’s fiduciary obligations. The role encompasses market, liquidity, credit, and concentration risks, with full accountability for defining portfolio risk metrics and models.

Location

Los Angeles, CA

Essential Duties

• Lead TCW’s portfolio risk management function, ensuring adherence to the firm’s risk appetite and governance framework.
• Chair or actively participate in risk review meetings with portfolio managers and senior leadership.
• Define and maintain portfolio risk metrics, methodologies, and models, including stress testing and scenario analysis.
• Ensure systematic monitoring of liquidity, concentration, credit, and factor exposures across portfolios.
• Drive innovation in portfolio-level risk analytics and reporting, leveraging advanced quantitative techniques.
• Collaborate with Model Control and Analytics on integration of security-level insights into portfolio risk views.
• Uphold TCW’s Three Lines of Defense model and elevate risk breaches through established protocols.
• Ensure compliance with regulatory requirements and client mandates.
• Manage and mentor a team of risk professionals, fostering a culture of excellence, collaboration, and continuous improvement.
• Partner with senior investment leaders to integrate risk insights into portfolio construction and investment decision‑making.
• Contribute to firm‑wide risk policy evolution and best‑practice adoption.

Experience

Required Qualifications

• 10+ years of professional experience in portfolio risk management, preferably within an asset management environment.
• Proven track record of managing risk across multiple asset classes (fixed income, equities, derivatives).

Technical Expertise

• Strong knowledge of portfolio risk analytics, including VaR, stress testing, and factor risk decomposition.
• Familiarity with regulatory frameworks and industry best practices.

Leadership Skills

• Demonstrated ability to lead and develop high‑performing teams.
• Excellent communication skills to articulate complex risk concepts to senior stakeholders.

Education

• Advanced degree in Finance, Economics, Mathematics, or related field preferred.

Professional Skills Qualifications

• Strategic thinker with strong judgment and flexibility.
• High integrity, ownership, and initiative.
• Ability to influence and build relationships across all organizational levels.
• Commitment to continuous improvement and innovation in risk management.

Desired Qualifications

• Knowledge of SQL, VBA, and/or Python strongly preferred.

Estimated Compensation

Base Salary: For CA based position, the base salary range is $200k to $250k. This is an anticipated range only.

Other Compensation: Eligible to be considered for an annual discretionary bonus.

Benefits: Eligible for TCW’s comprehensive benefits package.