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- Tasks: Shape and enhance the firm's risk management framework while leading insightful risk reporting.
- Company: Join a dynamic alternative asset manager focused on robust risk management and regulatory compliance.
- Benefits: Enjoy a collaborative work environment with opportunities for professional growth and development.
- Why this job: Be a key player in driving a strong risk culture and making impactful decisions.
- Qualifications: Proven experience in risk management, strong initiative, and ability to operate autonomously.
- Other info: Opportunity to lead projects and influence strategic growth within the firm.
The predicted salary is between 54000 - 84000 £ per year.
An experienced Risk professional is required to join the UK team as Associate Director, Risk.
The role holder will be expected to take a proactive, independent role in shaping, enhancing, and embedding
the firm’s risk management framework across all business areas. Beyond maintaining existing processes,
the individual will be expected to challenge, refine, and design improvements to ensure risk management
remains robust, scalable, and aligned to FCA and AIFMD requirements.
This role requires a self-starter with strong initiative who can operate with autonomy, anticipate risks arising
from growth and regulatory change, and partner effectively with senior management to drive a strong risk
culture that is aligned with the needs of the business.
Key responsibilities / accountabilities
ERM Risk Framework
Take ownership of the Enterprise Risk Management framework, ensuring it is not only up to date but
also continuously improved to reflect the growth and complexity of the business.
Proactively identify gaps and design new processes to strengthen risk identification, monitoring, and
reporting.
Partner with the Senior Management Team to embed a consistent approach to risk ownership across
the business.
Reporting
Lead preparation of concise, insightful risk reporting for the Board and other entity boards
Innovate and enhance reporting formats to ensure clear communication of emerging and strategic
risks.
AIFMD Risk Committee (fund risks)
Manage the quarterly AIFMD Risk Reporting process, including coordination, analysis, and
presentation of data.
Drive improvements in the quality and consistency of risk information provided to the Committee.
Investment & Business Risk
Collaborate with the other European entities to ensure investment
risks (e.g. liquidity, counterparty, stress testing) are effectively captured and escalated.
Proactively identify new risks arising from acquisitions, new products, or regulatory change, and
develop appropriate monitoring processes.
Projects & Change
Lead risk workstreams on projects, including acquisitions, new systems, and regulatory initiatives.
Act as a change agent, building and refining risk tools and processes to keep pace with the firm’s
strategic growth.
Horizon Scanning & ESG
Anticipate regulatory developments, particularly in ESG, and design frameworks to
integrate them into the business.
Ensure ESG risks are fully documented, monitored, and incorporated into overall risk management.
Regulatory Capital / IFPR
Partner with the business to ensure compliance with regulatory capital and IFPR requirements,
embedding them into wider risk frameworks.
Completion of, and regular review and update of, the Firms ICARA
Incident and Breaches
Lead the Incidents and Breaches Committee, ensuring accurate reporting and, resolution, of any
incidents or breaches identified.
Risk Manager- Associate Director - Alternative Asset Manager employer: Morgan McKinley
Contact Detail:
Morgan McKinley Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Manager- Associate Director - Alternative Asset Manager
✨Tip Number 1
Network with professionals in the risk management field, especially those who have experience in alternative asset management. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in the sector.
✨Tip Number 2
Familiarise yourself with the FCA and AIFMD regulations, as well as any recent changes that may impact risk management practices. This knowledge will not only help you in interviews but also demonstrate your proactive approach to staying updated in the field.
✨Tip Number 3
Prepare to discuss specific examples of how you've identified and mitigated risks in previous roles. Highlight your ability to innovate and improve existing processes, as this aligns closely with the responsibilities of the Associate Director position.
✨Tip Number 4
Showcase your leadership skills by discussing experiences where you've led teams or projects, particularly in risk management contexts. Emphasising your ability to partner with senior management will resonate well with the expectations for this role.
We think you need these skills to ace Risk Manager- Associate Director - Alternative Asset Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly in areas like enterprise risk frameworks and regulatory compliance. Use specific examples that demonstrate your ability to identify and mitigate risks.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your proactive approach and experience align with the responsibilities outlined in the job description, especially in shaping risk management frameworks.
Highlight Relevant Skills: Emphasise skills that are crucial for the role, such as analytical thinking, communication, and project management. Provide examples of how you've successfully led risk initiatives or improved reporting processes in previous roles.
Showcase Your Knowledge of Regulations: Demonstrate your understanding of FCA and AIFMD requirements in your application. Mention any relevant certifications or training that showcase your expertise in regulatory compliance and risk management.
How to prepare for a job interview at Morgan McKinley
✨Understand the Risk Management Framework
Familiarise yourself with the Enterprise Risk Management framework and be prepared to discuss how you would enhance and embed it across various business areas. Highlight your experience in identifying gaps and designing new processes.
✨Showcase Your Reporting Skills
Be ready to talk about your experience in preparing risk reports for senior management. Discuss how you can innovate reporting formats to ensure clear communication of risks, especially emerging and strategic ones.
✨Demonstrate Proactive Risk Identification
Prepare examples of how you've proactively identified risks in previous roles, particularly in relation to acquisitions or regulatory changes. This will show your ability to anticipate challenges and develop monitoring processes.
✨Highlight Your Change Management Experience
Discuss your experience leading risk workstreams on projects and how you've acted as a change agent. Be specific about the tools and processes you've refined to keep pace with strategic growth.