Associate Director, Investment Risk | London, UK

Job Description

Associate Director – Investment Risk

IFM Investors is a private markets manager, with a focus on infrastructure and capabilities in unlisted and listed equity, private equity and debt. IFM manages AU$218.3bn across all asset classes on behalf of 717 institutional clients (at 30 June 2024). We have 230+ investment specialists across our capabilities. We\’re based on four continents, operating from offices in Melbourne, Sydney, London, Berlin, Zurich, Amsterdam, Milan, New York, Houston, Hong Kong, Seoul and Tokyo. We have a global network that helps us uncover opportunities. Our reach, reputation and relationships mean we can access deal flows that few other managers can.

IFM was founded by pension funds. It\’s still owned by pension funds today. Our clients are stewards of capital too, with the same duty to deliver value over decades. We share a multigenerational vision: to invest, protect and grow the savings of millions of people. We do this by investing, owning and financing the assets our clients and their beneficiaries rely on to live their lives. Where we own assets, our engineers and sector experts join their boards and management committees, with the aim of becoming pivotal to their success.

From Vienna Airport to the Indiana Toll Road, from energy storage to data storage, we invest in what matters: real assets that will serve society\’s needs for decades to come and seek to deliver for clients the positive outcomes they need. For more information, visit ifminvestors.com.

The Role

The Associate Director role in the Investment Risk team is a newly created position, proportional to IFM\’s growth and further strengthening the wider risk capabilities of the firm. The role will be responsible for the ongoing evolution of Counterparty, Liquidity, and Investment Risk frameworks, working closely with portfolio management and treasury teams to embed appropriate risk management systems, models, and refine policies and frameworks. The role will provide an independent challenge to ensure the risk taken is consistent with clients\’ expectations and risk tolerance, and provide appropriate risk measurement, scenario analysis, stress testing, and reporting to the relevant Management and Risk Committees on key investment risk types.

This position requires a highly collaborative approach with key stakeholders and a knowledgeable investment risk professional with extensive experience in managing risks across private and public market fund structures and a comprehensive understanding of techniques and methodologies used to measure and report on risk. It also requires someone who embraces change with a strong understanding of implementing new ideas in a growing firm with a global remit.

Key Responsibilities

1. Monitor, review and communicate the impact to the risk profile of future initiatives, including new product assessment and major business changes.
2. Present to and report to IFM senior executives, IFM Risk Management Committee on credit, market, liquidity risk matters.
3. Support and ensure a healthy risk culture.
4. Embrace change and actively participate in strategic projects for IFM Investors as required.
5. Provide specialist input into strategic planning, providing evaluations of risks and solutions in order to drive continuous improvement.
6. Drive a program of continuous improvement to ensure that the investment risk team has the strategy, structure, skills and systems that will be required to support scale, complexity and diversity of the firm into the future.
7. Stay abreast of current industry standards.
8. Support the delivery and ongoing evolution of Aladdin/eFront risk management tools.
9. Develop and maintain technical knowledge of systems and data to ensure optimal use for technology.

Your Background and Experience

1. Minimum of 10 years of financial (credit, market and liquidity) and investment risk management experience preferably at a global (private markets focused) funds management firm.
2. Understanding and experience of risk identification, assessment, and continuous monitoring of both Public and Private market (Infrastructure, Private Credit, Private Equity & Real Estate).
3. Demonstrated ability to develop and implement risk management frameworks, controls and reporting for fund level Counterparty, Liquidity and Market Risks.
4. Demonstrated ability to develop and implement risk models, liquidity modelling, scenario analysis and stress testing programs across the investment risk spectrum.
5. Proven track record of implementation of strategic change initiatives, delivery success and service excellence.
6. Experience using risk & portfolio management systems (Aladdin and eFront).
7. Experience in sustainability risks is an advantage.
8. Strong ability to balance the need to both \”do things right\” and also determine the \”right thing to do\”, i.e. – to balance design with execution.

Qualifications

1. Tertiary qualifications in business, economics, finance, mathematics, engineering or statistics related field.
2. Postgraduate or Professional Qualifications would be highly regarded.

Technical Knowledge

1. Contribute to the overall effective operation of the company and the corporate services team by delivering a consistently high standard of work in a timely manner.
2. Understanding of the principles relating to the delivery of administrative services, e.g., confidentiality, protocols, etc.
3. Understanding of or keen willingness to learn about the stakeholders, operations and business of IFM Investors.

Business Knowledge

1. Detailed understanding of the markets in which IFM operates.
2. Thought leadership and capacity to share and influence such ideas.
3. Strong understanding of the complexity of operating in a global organisation with multi-jurisdictional laws and regulations.

Technical Knowledge

1. Deep understanding of best practice risk management standards and regulatory requirements in the Private Markets fund management industry (AIFMD).
2. Demonstrated ability to develop and implement risk models, liquidity modelling, scenario analysis and stress testing programs across the investment risk spectrum.
3. Thought leadership and capacity to share and influence such ideas.
4. Client, shareholder and regulator relationship management.

IFM Investors is committed to promoting a diverse and inclusive culture where all employees are valued and recognised for their unique qualities, backgrounds, and perspectives. We champion all groups regardless of race, gender, religion, sexual orientation, age, disability, or family status. We are committed to providing individuals with disabilities reasonable adjustments to participate in the job application or interview process. Please contact us if you require specific support at any stage of the recruitment process at #J-18808-Ljbffr