Director, Investment Risk Management Equities
About The Position
We're looking for a Director, Investment Risk Management to join our Asset Management Risk team. In this role, you'll support the Public Equities platform in the execution of the second line global investment risk management program that meets business objectives and regulatory needs. Conduct on-going analysis and monitoring of portfolios across a variety of risk categories and metrics while communicating risk profiles and areas of potential exposure to support investment team's risk-based decision making, portfolio construction, active positioning, and risk/return profile of portfolios Collaborate with investment teams and senior leaders to proactively assess and communicate emerging portfolio risks, integrating forward-looking insights and competitive market and industry trends into the investment risk framework Provide expert guidance and strategic consultation to portfolio managers, CIOs and other business leaders, delivering actionable risk intelligence and fostering informed decision-making across funds, accounts, and strategies Design and deliver investment risk analytics, dashboards, and reports at portfolio, asset class, and firm levels using internal and external models to support daily monitoring, escalation, and mitigation of risk Communicating and presenting investment risk overviews and insights to variety of internal and external stakeholders Provide ad-hoc quantitative analysis to support strategic projects and new or updated products, as needed Principal Asset Management is the global investment solutions business for Principal Financial Group (Nasdaq: PFG), managing about $580 billion in assets and over 60 years of experience. Principal Asset Management has been recognized as a "Best Places to Work in Money Management" for 13 consecutive years! Check us out at www.principalam.com!
Requirements
- Bachelor's Degree
- 10+ years related work experience in the asset management industry via risk management or portfolio management with expertise in public equities
- Broad knowledge of financial and investment risk management practices and in-depth experience with risk tools like Barra, Aladdin, Bloomberg, Axioma
- Strong technical understanding of equity risk factors, performance and risk attribution, concentration risk, liquidity risk, scenario analysis, stress testing, and VaR/tracking error methodologies
- Must have proven and strong abilities and skills in the areas of written and verbal communication, presentations, attention to detail, critical thinking, analytical, problem solving, decision making, consulting, influencing, and relationship building skills
Nice To Haves
- CFA, FRM or advanced degree in Finance, Econometrics, or Statistics
- Proficiency with programming languages such as Python, R, MATLAB; machine learning is a plus.
- Comfortable presenting to senior leadership, committees, boards, clients and other external stakeholders
Responsibilities
- Conduct on-going analysis and monitoring of portfolios across a variety of risk categories and metrics while communicating risk profiles and areas of potential exposure to support investment team's risk-based decision making, portfolio construction, active positioning, and risk/return profile of portfolios
- Collaborate with investment teams and senior leaders to proactively assess and communicate emerging portfolio risks, integrating forward-looking insights and competitive market and industry trends into the investment risk framework
- Provide expert guidance and strategic consultation to portfolio managers, CIOs and other business leaders, delivering actionable risk intelligence and fostering informed decision-making across funds, accounts, and strategies
- Design and deliver investment risk analytics, dashboards, and reports at portfolio, asset class, and firm levels using internal and external models to support daily monitoring, escalation, and mitigation of risk
- Communicating and presenting investment risk overviews and insights to variety of internal and external stakeholders
- Provide ad-hoc quantitative analysis to support strategic projects and new or updated products, as needed
Benefits
- Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don't accrue a bank of time off under FTO and there is no set number of days provided.
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What This Job Offers
Job Type
Full-time
Career Level
Director
Industry
Funds, Trusts, and Other Financial Vehicles
Number of Employees
5,001-10,000 employees
