Job Specification
- Provide efficient and effective investment risk management and performance attribution services to the company, in particular to the investment team
- Provide investment data/information, quantitative analyses, and other related support services to all areas within the company
- Provide meaningful risk analysis and input, and sound data analyses/tics, to support and add value to portfolio managers and investment analysts
- Ensure effective investment compliance and controls
- Maintain sound relations with all third-party service providers related to the role
- Keep abreast of developments in the Investment Risk Management, Data Analytics and related spaces to enable continuing enhancements to risk and performance analyses and processes
- Play a key role in ensuring automation of investment risk and performance attribution processes and reports
Duties/Functions Include
- Investment risk analysis and reporting
- Performance measurement, attribution analysis and reporting
- Investment and mandate compliance and monitoring
- Ensure effective investment risk controls and limits are in place and monitoring these
- Quantitative analysis relevant to function and as requested by Director of Investments, Portfolio Managers and others
- Prepare and coordinate relevant reports, presentations, etc. for the weekly Investment Risk and Portfolio Review Committee Meetings
- Maintenance and efficient use of risk and performance support systems (e.g. StatPro, Bloomberg, etc.) and relevant data and investment administration and control systems
- Play key role in annual GIPS preparations and audit, ensuring a smooth process
- Effective compilation and maintenance of composite portfolios for performance, survey and GIPS purposes
- Support with measurement and evaluation of fund manager performance
- Review as relevant new Client investment mandates, esp. aspects relating to risk and other limits, performance benchmarks and targets, regulations applicable, etc.
- Provide input toward finalising these. Monitor and ensure compliance with all mandates
- Effectively liaise and respond with requests from internal clients and third parties for relevant risk and performance information requests etc.
- Monitoring of portfolio alignment to proactively raise consistency issues and avoid performance dispersion
- Monitor portfolio exposures, risk and liquidity limits, concentration risks, etc. and be proactive in flagging/raising issues/breaches and ensuring remedy of these
- Support other areas requiring risk and performance measurement and monitoring services
- Assist with client report-backs and new business pitches (slides, graphs, charts, etc.)
- Keep abreast of market index and benchmark changes, assessing and reviewing likely impact
- Monitor broker allocation
- Take initiative to new ideas, methodologies and analytics related to investment risk, performance and portfolio analysis to remain at the cutting edge
- Ensure with the CIO (Listed Investment) an effective trading control environment
- Review post-trade compliance reports to ensure no breaches
Qualifications
- A relevant degree, preferably a post-graduate qualification in the fields of quants, math, stats, risk management, actuarial and investments/financial markets, etc.
Experience
- Ideally someone with the requisite and relevant experience in Investment Risk and Performance Analysis gained in an Asset Management company (3yrs experience)
- A good understanding and working knowledge of local and global financial markets, major asset classes (equities, bonds, cash/money market, property, commodities), securities/instruments (incl. derivatives), the relevant regulatory regime and market participants/players in the industry (including third party service providers
Computer Skills
- StatPro
- Bloomberg
- Excel based, etc.
- Full use and maintenance of support systems and tools
- Research and suggest on-going system development and automation
Key Skills and Competencies
- Thrives in an investment environment, especially to the quants and risk management aspects
- Analytical and numerate
- Grasps concepts and methodologies easily
- Lateral and forward thinker
- Reliable and honest; a person of integrity
- Dedicated/committed, Conscientious/diligent
- Management skills (work, output, planning, negotiating, resources)
- Dynamic yet disciplined
- Assertive but a team player (cooperative and supportive)
- Takes initiative (self-starter) yet operates effectively within the investment framework and to the processes
- Embrace challenges and resolving these
- Good command of languages (English in particular); writing and speaking
Employment Equity
- Preference will be given to applicants of designated group
To apply for this role please send your CV, ID and supporting documentation to operations@asearch.co.za