Investment Risk Analyst
Date Posted: 20/02/2024
Job Type: Full timeApply Now
About the role
As Just’s investment activities continue to grow we are seeking to expand our second line oversight capability. The majority of the Analyst’s time will be dedicated to reviewing credit rating methodologies and associated models across a wide variety of assets. This includes ensuring all risks have ben captured by the methodology and highlighting any gaps, validating the models associated with the methodologies and ensuring the ratings produced by Line 1 are consistent with the methodology.
In addition, the successful applicant will have the opportunity to get involved in the wider activities of the Line2 Investment Risk Management function.
Identify, assess, and monitor credit risk within the company's investment portfolio.
Work closely with investment teams to understand and manage the credit risk associated with their investment decisions.
Validate credit rating methodologies and rating models across a variety of assets
Validate the credit approach taken by fund managers
Provide key risk input into investment decisions, ensuring that risks are effectively identified, measured, and managed.
Oversee of any back testing of credit ratings by Line 1
Oversee portfolio risk by regularly analysing portfolio exposures, evaluating risk concentration, and assessing potential portfolio impacts of market events. This includes the use of stress testing and scenario analysis to anticipate potential portfolio impacts.
Prepare and present regular risk reports to the Head of Investment Risk and other senior stakeholders. These should include detailed portfolio risk assessments, including sector, geography, and counterparty exposures, as well as other key risk metrics.
Lead or participate in risk committees or working groups to discuss and manage portfolio risks.
Skills & Experience
Experience in a Credit Rating Agency or the Credit Function of a financial services company
Strong focus on risk identification across sectors and asset classes
Basic knowledge of the SII framework for insurers would be seen as a strong positive
Strong excel capabilities are essential for the role
Team spirit and collaboration are essential
Credit Rating Agency experience or equivalent gained in a financial services company is desirable
CFA (or progression towards) is desirable
Good knowledge of rating agencies’ approaches and ability to use their rating methodologies to perform internal ratings
Accuracy, autonomy, attention to details, intellectual curiosity, strong verbal and writing skills and deliverability under tight deadlines are very valuable attributes to have in order to be successful in this function
A Competitive Salary, Pension Scheme and Life Assurance
Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
Private Medical Cover and Income Protection, just in case
A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
Opportunity to progress within your career both in-role and within the company
FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
A variety of Employee Funded Benefits available to you via our Online Benefits Portal
Plus, several additional purchase options available for you and your loved ones