Investment Risk Analyst

Victory Capital•Boston, MA

3d•$75,000 - $90,000•Onsite

About The Position

Pioneer Investments, a part of Victory Capital Management, is seeking an Investment Risk Analyst to join their front office Investment Risk team. This role is crucial to the investment process, partnering with Portfolio Managers to precisely understand, measure, and manage risk. Victory Capital is a global asset management firm with a next-generation business strategy, offering a wide array of investment products and services. The Investment Risk Analyst will maintain and enhance sophisticated risk models, synthesize quantitative data into clear investment insights, and act as a trusted analytical partner to various teams including Portfolio Management, Institutional Marketing, RFP, and senior investment committees. This role is ideal for someone energized by complex problems, thriving in a fast-paced investment environment, and seeking impactful work.

Requirements

Bachelor's degree in quantitative discipline: Finance, Mathematics, Statistics, Data Science, Computer Science, or Engineering
3–5 years of professional experience in investment management, risk analytics, or quantitative research
Solid understanding of investment fundamentals across equities, fixed income, derivatives, and portfolio construction
Working knowledge of risk metrics including tracking error, VaR, beta, factor exposures, drawdown, and Sharpe ratio
Hands-on experience with industry risk platforms such as Bloomberg PORT, FactSet, or MSCI RiskMetrics
Strong written and verbal communication skills — ability to translate quantitative outputs for non-technical stakeholders
A builder's mindset: intellectually curious, with a natural drive to automate, improve, and innovate
Proficient in Microsoft Excel and VBA; comfortable managing both structured projects and fast-turnaround ad hoc requests
Self-directed and organized, with the ability to prioritize competing demands in a dynamic environment

Nice To Haves

Experience with Python or SQL for data analysis and automation
Familiarity with Performance Attribution methodologies
Progress toward a CFA or Master’s degree a plus

Responsibilities

Maintain, validate, and continuously enhance front office investment risk models used by Portfolio Managers across strategies.
Prepare and distribute comprehensive investment risk reports covering market risk metrics (VaR, tracking error, stress testing), liquidity analysis, factor exposures, and other key risk indicators.
Deliver risk attribution analysis and portfolio diagnostics on demand, supporting both pre- and post-trade investment decisions.
Translate complex quantitative outputs into clear, actionable narratives for investment teams and senior stakeholders.
Collaborate directly with Portfolio Managers on ad hoc quantitative research, special projects, and portfolio construction questions.
Serve as a key analytical resource for RFP, Institutional Marketing, and Performance teams on investment risk inquiries.
Support the global investment risk team across multiple regions, providing consistent and timely analysis for retail and institutional clients.
Partner with investment management to build risk literacy — helping portfolio teams understand risk results, interpret model outputs, and apply insights to their decision-making.
Present findings clearly and confidently to senior audiences including the Investment Committee and Risk Committee.