Investment Risk Manager

Lord Abbett • Jersey City, NJ

7d

About The Position

We are seeking a highly skilled and experienced Investment Risk Manager to join our Investment Risk Management team. The ideal candidate will have a deep understanding of fixed income investment risk, including liquidity analysis, counterparty risk, and valuation support. With approximately 10 years of experience in the field, the Investment Risk Manager will play a critical role in ensuring the firm's investment strategies are aligned with our risk appetite and regulatory requirements. We’ll trust you to: Risk Management Framework: Develop and enhance the firm's risk management framework, incorporating advanced risk assessment tools and methodologies. Promote a risk-aware culture throughout the organization, providing training and guidance to staff on risk management practices. Quantitative Analysis: Utilize Python for quantitative analysis to enhance risk modeling and valuation techniques. Implement statistical analysis to improve risk assessment processes and investment decision-making. Portfolio Oversight: Conduct thorough portfolio analysis to ensure compliance with risk parameters and investment guidelines. Monitor performance, liquidity, and leverage metrics to identify potential risk exposures. Liquidity Analysis: Evaluate the liquidity of investments, ensuring the firm's ability to meet its short-term obligations without incurring significant losses. Develop and implement liquidity risk management strategies to optimize asset allocation and enhance financial stability. Counterparty Risk Management: Assess and monitor the creditworthiness of counterparties, minimizing the risk of loss from counterparty failure. Implement robust risk assessment methodologies and engage in due diligence to ensure counterparty reliability. Valuation Support: Provide expert support in the valuation of complex securities and derivatives. Work closely with the investment and accounting teams to ensure accurate pricing and valuation of assets, adhering to industry standards and regulatory requirements.

Requirements

• Bachelor's degree in Finance, Economics, Mathematics, or a related field; an advanced degree or professional certifications (e.g., CFA, FRM) is highly preferred.
• Minimum of 10 years of experience in risk management, with a strong focus on fixed income.
• Proficiency in Python for financial modeling and analysis; knowledge of other programming languages or statistical tools is a plus.
• Deep understanding of the regulatory landscape for mutual funds and institutional accounts.
• Strong analytical and problem-solving skills, with the ability to think critically and offer solutions to complex challenges.
• Excellent communication skills, with the capability to articulate risk management concepts and strategies to a broad audience.
• Proven leadership abilities and experience in a collaborative team environment.

Nice To Haves

• advanced degree or professional certifications (e.g., CFA, FRM)
• knowledge of other programming languages or statistical tools is a plus.

Responsibilities

• Develop and enhance the firm's risk management framework
• Promote a risk-aware culture throughout the organization
• Utilize Python for quantitative analysis to enhance risk modeling and valuation techniques
• Implement statistical analysis to improve risk assessment processes and investment decision-making
• Conduct thorough portfolio analysis to ensure compliance with risk parameters and investment guidelines
• Monitor performance, liquidity, and leverage metrics to identify potential risk exposures
• Evaluate the liquidity of investments
• Develop and implement liquidity risk management strategies to optimize asset allocation and enhance financial stability
• Assess and monitor the creditworthiness of counterparties, minimizing the risk of loss from counterparty failure
• Implement robust risk assessment methodologies and engage in due diligence to ensure counterparty reliability
• Provide expert support in the valuation of complex securities and derivatives
• Work closely with the investment and accounting teams to ensure accurate pricing and valuation of assets, adhering to industry standards and regulatory requirements

Benefits

• Lord Abbett is committed to offering a competitive total rewards package to all eligible employees.
• Offerings include competitive total compensation, retirement plans, competitive health and well-being plans.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level