Thriving global investment firm is seeking a Principal, Investment Risk at their headquarters in Los Angeles, CA. This position will work closely with Investment Risk teams in carrying out the strategic functions by developing and enhancing investment risk and strategic asset allocation procedures and processes, as well as reporting and analytics tools, with the goal of identifying, monitoring, communicating and managing major asset and fund risk concerns.
PRIMARY RESPONSIBILITIES:
- Take the lead and be hands on in identifying, measuring, and communicating market (and non-market) risks across the portfolio to leadership
- Build private market asset allocation model (using Black-Litterman or other modern approaches) to assist in making asset allocation decisions.
- Direct development of analytical tools to enable ad-hoc risk analysis at both the portfolio and company level such as but not limited to: factor exposures, beta, VaR, attribution and scenario analysis including return sensitivities
- Enhance framework for monitoring market, exposure and company-specific risks across the portfolio
- Assist in evaluating complex, large transactions potentially with highly granular credit-like collateral
- Interact with clients during diligence or other significant market events to help instill confidence in the risk management process
- Coordinate with risk management teams to maintain a consistent risk framework across the organization
- Build long-term productive working relationships with key stakeholders in investment management, finance & control, regulatory, legal and compliance
- Participate in and contribute to regular committee and department meetings
- Assist with additional ad-hoc projects and requests as needed
Qualifications & Experience
- At the minimum, Bachelor’s degree in sciences, math, engineering, or economics
- MBA, Advanced degree in quantitative finance, and/or CFA preferred
- 8-10 years of professional or academic experience with a focus on risk management and/or quantitative asset allocation; 3+ years of senior level experience
- Thorough knowledge of alternatives and broader fixed income markets
- Proven success in developing, building, and overseeing risk management processes
- Strong working knowledge of various inputs to the credit investment process, including but not exclusive to portfolio management, research, trading, and risk.
- Experience across global/country/sector credit cycles including evaluation at a name and portfolio level including experience analyzing risk for portfolios of illiquid investments