Junior Risk Analyst

Invesco Ltd. • Downers Grove, IL

1d • $85,000 - $105,000 • Hybrid

About The Position

As one of the world’s leading independent global investment firms, Invesco is dedicated to rethinking possibilities for our clients. By delivering the combined power of our distinctive investment management capabilities, we provide a wide range of investment strategies and vehicles to our clients around the world. If you're looking for challenging work, intelligent colleagues, and exposure across a global footprint, come explore your potential at Invesco.

Requirements

• 1+ years of relevant experience (internships included) in investment risk, performance measurement/attribution, portfolio analytics, trading/markets, or a related asset-management function; exposure to index/passive or ETFs is a plus
• Strong analytical and quantitative skills, with interest in benchmarking, performance measurement, and attribution, as well as portfolio risk (e.g., factor exposures, volatility, drawdowns, tracking error, sector/industry exposures)
• Strong Python skills for data analysis/automation (SQL experience a plus)
• Experience with risk and performance/attribution systems and data workflows; FactSet and/or MSCI Risk Metrics experience a plus (index, benchmark, corporate action, and ETF data experience preferred)
• Intellectual curiosity and interest in global equity markets, index investing, and ETF mechanics
• Strong written and verbal communication skills
• Well-organized, dependable, proactive, and detail-oriented (comfortable working with large datasets and repeatable processes)
• Ability to manage multiple priorities, exercise sound judgment, and communicate clearly with portfolio managers and partners; comfort presenting concise findings and raising issues early
• Collaborative mindset with a desire to learn from senior investment and risk professionals and partner effectively with trading, operations, product, and technology teams
• Bachelor’s degree in finance, economics, mathematics, statistics, engineering, or a related field (advanced degree a plus)
• Progress towards CFA, CIPM, or FRM is desirable

Nice To Haves

• exposure to index/passive or ETFs is a plus
• SQL experience a plus
• FactSet and/or MSCI Risk Metrics experience a plus
• index, benchmark, corporate action, and ETF data experience preferred
• advanced degree a plus

Responsibilities

• Produce and support daily/weekly performance measurement for assigned equity index and ETF portfolios, including benchmark comparisons, return decomposition, and tracking difference monitoring
• Support index-relative attribution and diagnostics (sector/industry, factor, and security contributions) and translate results into clear narratives for stakeholders
• Perform daily monitoring of attribution outputs and triage/clean up anomalies (e.g., missing/misaligned identifiers, stale or incorrect benchmark mappings, corporate action timing impacts, return outliers); coordinate with Technology, Operations, and Data teams to remediate root causes and document resolutions
• Assist in producing daily, weekly, and ad-hoc risk, performance, and tracking reports for passive strategies and ETFs, with a focus on accuracy, repeatability, and timeliness
• Help identify, validate, and explain changes in active risk, tracking error, and tracking difference, including key implementation drivers (rebalance timing, corporate actions, cash management, and trading costs)
• Monitor and reconcile holdings vs. benchmark, index events, and corporate actions; investigate breaks that impact performance, attribution, and risk outputs; coordinate fixes and confirm resolution
• Prepare analysis and materials for portfolio reviews, risk forums, and governance routines supporting the passive/ETF platform
• Assist with monitoring compliance with internal risk limits and product guidelines (e.g., tracking error thresholds, concentration/issuer limits where applicable) and documenting alerts or breaches
• Collaborate with portfolio managers, traders, ETF capital markets, and internal partners to support effective risk oversight and issue resolution
• Respond promptly to complex performance, attribution, and risk queries from portfolio managers, Sales, Product, and Risk leadership
• Maintain and enhance processes for risk, tracking, and performance exception monitoring, escalation, and documentation (including clear commentary for alerts, breaches, and material attribution outliers)
• Contribute to process improvements and automation of performance/attribution and risk analytics and reporting using Python (and other approved tools), improving timeliness, controls, and data quality
• Partner with Technology, Operations, Trading, and Data teams to resolve data breaks, support system enhancements, and improve inputs (e.g., benchmark files, corporate actions, index rebalances)
• Provide ad-hoc analytics to support Equity Passive/ETF initiatives, new product reviews, index changes, and cross-department priorities as needed

Benefits

• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan

What This Job Offers

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