Mission
The Senior Risk Manager Alternative / Illiquid Investment Strategies is responsible for developing and maintaining tools and methods used to measure, monitor and control applicable risks in particular with respect to Illiquid Investment Strategies (such as but not limited to private equity, real estate, infrastructure, private debts, etc.), consistent with the firm’s overall investment philosophy, top-down decision-making and capital allocation process. Investment process control analysis and reporting includes the definition of product-specific risk frameworks (i.e., investment objectives, guidelines and limits), due diligence on each transaction, analysis and reporting of adherence to risk frameworks on a pre- and post-trade basis (and definition of corrective actions to be taken if necessary) and transaction and portfolio-level risk analysis. Additionally, the Risk Manager is responsible for performing ongoing risk monitoring as needed (including credit, market, performance, operational risk, and sustainability risk, etc.).
Main responsibilities
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Design and implement risk management policies, procedures, and controls for illiquid asset investments.
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Evaluate the risk profile for each illiquid investment/deal proposed to clients by evaluating each potential risk, credit risk, market risk, liquidity risk, operational risk, sustainability risk, and regulatory risk, including the definition of product-specific risk frameworks.
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Review and challenge investment and operational due diligence, providing independent risk assessments, and participating in investment committees.
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Analyze and report adherence to established guidelines and restrictions on a pre- and/or post-trade basis (and definition of corrective actions to be taken if necessary).
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Continuous monitoring of transaction and portfolio-level market risk analysis (via monitoring log and quarterly certifications) and presentation of findings to management.
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Transaction and portfolio-level liquidity analysis and forecasting.
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Weekly / monthly key risk indicators reporting (market risk, liquidity risk, sustainability risk, counterparty risk, due diligence activity, investment compliance, new product activity and valuation risk).
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Monitor the performance of existing investment and assess their ongoing risk exposure. Identify emerging risk and recommend appropriate actions to mitigate it.
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Operational risk assessments, including Valuation risk.
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Production of the regular risk report for senior management and group risk management, highlighting key risk exposures, mitigation efforts, and emerging trends. Communicate effectively with stakeholders to provide transparency and support decision-making processes.
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Foster a strong compliance and risk-aware culture within the organization by promoting best practices, providing training, and encouraging open communication about risk-related issues.
Additional Duties and responsibilities
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Prepare process benchmarking memos and update operating procedures, as needed.
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Remain abreast of industry developments and regulatory matters.
Your Profile / Qualifications
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Bachelor’s degree in finance, risk management, or a related field. Advanced degree (e.g., MBA, CFA) preferred.
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At least 5 years of experience in risk management, particularly for illiquid assets.
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Experience with risk modeling, stress testing, and scenario analysis.
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Strong analytical skills, with ability to assess complex financial data and make sound judgements under uncertainty, and strong written and verbal communication skills.
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High level of independency, initiative, reliability, innovation and integrity.
Experience with relevant software and tools for risk management, and advanced IT skills.
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Core Competencies : Adherence to the company’s values: Dedication, Conviction, Agility and Responsibility - Compliance with regulations and internal directives