To undertake independent market risk measurement, management, oversight and reporting across LGIM’s active and passive businesses, including Equities, Fixed Income, LDI, Multi Asset and annuity businesses.

Risk Measurement

• Ensuring the measurement of all material market risks – absolute and relative – utilising LGIM’s market risk engines.  In particular:
• maintenance and on-going development of feeds/mapping from LGIM’s transaction systems;
• maintenance and on-going development of risk modelling and analytics within LGIM’s market risk engines; and
• on-going review of the accuracy and appropriateness of market risk measurement for specific funds.
• On-going maintenance and improvement of the risk processes with a focus on standardisation and automation,
• Maintaining an effective relationship with Operations, Data Management, Product Development and IT to ensure that Risk requirements are appropriately communicated and that upstream process/systems changes are well understood.
• Maintaining a strong working relationship with third-party systems providers and knowledge of their products and development plans.

Risk Management and Reporting

• Assist with developing/maintaining the risk management framework including adequacy and appropriateness of internal guidelines / limits.
• Production of timely, relevant and accurate Fund Manager risk reporting (daily, weekly or monthly as required).
• Timely escalation and resolution of risk issues and market risk limit breaches.
• Production of monthly risk reporting for LGIM’s Investment Oversight Committee, Fund Manager Oversight Committee and other oversight committees and bodies.
• Assist with regulatory compliance and regulatory reporting, especially in relation to LGIM’s UCITS / PMC and QIAIF funds.

Risk Oversight

• Assist with independent risk oversight for specific funds/businesses – maintaining a detailed understanding of underling positions, risk drivers, performance outcomes and market dynamics/volatility.
• Support Fund Managers in the risk monitoring and management of their portfolios.
• Form and maintain relationships with fund management teams and other business areas
• Advocate risk awareness and provide effective challenge

Value-Add

• Support LGIM’s marketing and client relationship initiatives through the provision of high-quality risk information and participation in due-diligence and other client interaction.
• Contributing to the maintenance of the overall Investment Risk Framework.

Professional Requirements

• A proven track record of relevant market risk management experience.
• Knowledge of VaR, risk sensitivity, scenario and risk limits.
• A Quantitative Degree
• Knowledge and experience  across a range of markets and products
• (in particular credit/fixed income and equity)
• Understanding of derivatives including pricing and risk modelling.
• Development experience using VBA, SQL etc
• Reasonable knowledge of regulatory requirements (UCITS funds)

Personal Characteristics

• Excellent interpersonal skills - including verbal and written communication skills.
• Ability to quickly gain the confidence of colleagues through considered opinions, flexibility/creativity and consistency.
• Strong communication skills – especially in relation to management, internal and external clients.
• Determined, self-motivated and resourceful to achieve objectives
• Ability to absorb, interpret, apply and communicate information effectively.
• Problem solving ability.
• Inquisitive, ability to challenge.
• Ability to influence outcomes.

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 25 days' holiday, private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.