To perform regulatory reporting activities and related data provisioning in relation to investment risk exposures across multiple regulatory regimes;                                    

To perform risk assessment and rating of benchmark and absolute return portfolios – and to provide oversight of such outsourced activities - across multiple investment strategies, in line with regulatory and / or internally defined methodologies.

Risk Measurement

• Design and maintain a scalable and effective process around the calculation of risk ratings and indicators; including data feeds, definition of appropriate measurement methodology and calculation solution.
• Maintaining an effective relationship with Middle Office, Back Office 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 and data providers and knowledge of their products and development plans.
• On-going maintenance and improvement of the risk processes with a focus on standardisation and automation.

Risk Reporting

• Assist with developing/maintaining the regulatory risk reporting, especially in relation to LGIM’s AIFMD and UCITS funds.
• Provision of regulatory risk reports and portfolio risk data to support on-going and ad hoc regulatory reporting.
• Provision of risk ratings for absolute return and benchmark funds and oversee third party providers of such services.
• Maintain a good relationship with the Compliance team and the Regulatory Reporting team, in order to keep abreast of any new requirements and regulations.
• Timely escalation and resolution of risk issues.

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.
• Provide periodic oversight of outsourced risk assessment and risk rating services.
• Advocate risk awareness and provide effective challenge.

Value-Add

• Provide support to the product teams with regards to their requirements about risk disclosures at the time of new fund launches or when any material changes are being implemented in a fund.
• Support LGIM’s distribution and product development initiatives through the provision of high-quality risk information and participation in due-diligence and other client interaction.
• Participation into the development and execution of the Investment Risk strategy.
• Contributing to the maintenance of the overall Investment Risk Framework.

Professional Requirements

• Sufficient understanding of VaR, risk sensitivity and stress scenarios.
• Knowledge of ex-post risk measures especially for UCITS funds (Volatility, SRRI).
• Good experience of risk management or similar.
• Basic knowledge and understanding across a range of markets and products  including derivatives.
• IT literate (experience using VBA, SQL etc an advantage).
• Detailed understanding of third party risk and performance data services.
• Extensive knowledge of regulatory reporting requirements with regards to investment risk: exposure, leverage, volatility, stress testing, liquidity profile across multiple regulatory regimes (UCITS and AIFMD in particular).

Personal Characteristics

• Excellent interpersonal skills - including verbal and written communication skills.
• 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, at least 22 days’ (with potential to rise to 25 days) holiday, 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.