At a Glance
- Tasks: Lead investment risk oversight and ensure compliance across Alternative Investment Funds.
- Company: Join Standard Life, a leader in retirement solutions with a customer-first approach.
- Benefits: Enjoy a competitive salary, 38 days annual leave, and flexible working options.
- Other info: Embrace a culture of curiosity and accountability with excellent career growth opportunities.
- Why this job: Make a real impact on financial futures while developing your career in a supportive environment.
- Qualifications: Experience in investment risk and strong knowledge of AIFM requirements is essential.
The predicted salary is between 60600 - 60600 £ per year.
Here at Standard Life, we guide millions of people through some of life’s biggest decisions. We’re searching for an AIFM Investment Risk Manager who shares our commitment to putting customers first, aiming high and working together to join the Authorised Fund Management team within Retirement Solutions and Asset Management (RS&AM) function.
Job Type: Permanent
Location: This role could be based from our Edinburgh, London, Telford or Birmingham office with time spent working from home and from the office. Flexible working: All roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.
Salary and benefits: From £60,600 depending on experience plus bonus, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
Who are we? We’re Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone’s journey to and through retirement can be better, and for more than 200 years, we’ve been helping our customers plan and prepare for their financial futures.
The role: The Alternative Investment Fund Manager (AIFM) Investment Risk Manager will provide independent investment risk oversight across the in-house regulated fund range, initially focused on AIFM risk management requirements for SLFM funds, with scope to expand to broader policyholder assets. The role will support the firm in meeting its regulatory obligations under AIFMD and FCA rules, while contributing to robust risk management, governance, and delivery of good policyholder outcomes.
Key Responsibilities:
- Lead risk oversight across Alternative Investment Funds (AIFs), including leverage, liquidity, stress testing and regulatory compliance.
- Monitor investment risk exposures across a broad range of asset classes, identifying emerging risks, trends and breaches.
- Oversee delegated investment managers, ensuring adherence to mandates, risk limits and governance requirements.
- Produce high-quality risk reporting for regulatory submissions, governance forums and senior stakeholders.
- Support the development and enhancement of investment risk frameworks across AIFs, UCITS, NURS and segregated mandates.
- Maintain risk registers, controls and governance documentation, escalating risk events and control weaknesses where required.
- Represent the AIFM/AFM in governance forums and support responses to regulatory reviews and enquiries.
- Partner with Portfolio Management and wider stakeholders to support fund oversight, manager reviews and strategic initiatives that deliver positive policyholder outcomes.
What are we looking for?
- Significant experience in investment risk, fund risk oversight or portfolio management within an FCA-regulated environment.
- Strong knowledge of AIFM requirements, AIFMD and broader investment risk management frameworks.
- Experience across a range of asset classes, including multi-asset portfolios, derivatives and alternative/private market investments.
- Strong understanding of portfolio risk analytics, including leverage, liquidity risk, stress testing and scenario analysis.
- Knowledge of fund structures such as AIFs, UCITS and NURS, with an understanding of associated governance and risk considerations.
- Experience of portfolio construction, asset allocation and investment manager oversight, including multi-manager or fund-of-funds structures.
- Ability to translate complex risk information into clear, actionable insights that support investment performance, decision-making and positive customer outcomes.
We want to hire the whole version of you. We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you. If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best. We’re reviewing applications as they come in, so apply early to avoid missing out.
AIFM Investment Risk Manager in Birmingham employer: Phoenix Group
Phoenix Group is an excellent employer, offering a dynamic work environment in the heart of Edinburgh where you can thrive as an Investment Operations Analyst. With a strong emphasis on flexibility through a hybrid work model, employees benefit from a supportive culture that prioritises operational excellence and collaboration with diverse stakeholders. Additionally, the company provides comprehensive benefits, including a competitive salary, bonuses, and generous leave, ensuring that team members are well-rewarded for their contributions.
StudySmarter Expert Advice🤫
We think this is how you could land AIFM Investment Risk Manager in Birmingham
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Phoenix Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace AIFM Investment Risk Manager in Birmingham
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Phoenix Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Phoenix Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Phoenix Group
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Phoenix Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Phoenix Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Phoenix Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
