Investment Risk Manager

Join LGPS Central at a pivotal moment — where operational excellence powers long-term investment impact.The Investment Risk Manager is in the contributes to ensuring that the LGPS Central Investment Risk Policy is being followed across Public and Private Markets and embedded into the Company’s investment management activity. The postholder takes initiative to ensure that the policy and it sub-policies remain relevant and exploring any opportunities to further strengthens LGPS Central approach to Investment Risk Management. The role seeks to have experience across Public and Private Market Investment Risk Management.The Investment Risk Manager will be a “can do” person who will work towards a high standard with a limited amount of supervision and a good understanding around governance, deputising for the Senior Investment Risk Manager when required.What you'll be doing:Contributes and supports the Investment Risk Policy and the LGPS Central Investment Risk UniverseTakes the lead to ensure that BAU risk reports are being produced accurately and in timeExplores and collaborates on opportunities to improve current approach to risk reportingSupports independently the Senior Investment Risk Manager on any new fund (or mandate) launches or any changes to existing funds and mandatesPromotes investment risk to make investment risk a value add across to company and main stakeholdersWrites with minimal supervision papers for approval and noting to the Investment Committee and other CommitteesTakes part Investment Risk team development and training via informal and continuous professional developmentDeputise for the Senior Investment Risk Manager as requiredSupports on implementing a continuous oversight process in Private MarketsTakes active part on any audit topics in the Investment Risk Management TeamTakes the lead of understanding and developing any quantitative risk modelsBe an ambassador for investment risk, quant topics, technology and automationSupports the Senior Investment Risk Manager of providing the investment teams with market and portfolio risk insights across Public and Private MarketsAbout UsLGPS Central (LGPSC) Ltd is the FCA regulated asset manager for eight local authority pension funds across the Midlands. LGPSC is jointly owned on an equal shares basis by those Partner Fund, and it is responsible for managing £45bn+ of their assets. It is one of eight Local Government Pension Scheme (LGPS) asset pools in the UK.LGPS Central's Partner Funds are:Cheshire Pension FundDerbyshire Pension FundLeicestershire Pension FundNottinghamshire Pension FundShropshire Pension FundStaffordshire Pension FundWest Midlands Pension FundWorcestershire Pension FundThe Company is committed to responsible investment and has made responsible investment a core part of the investment process in every asset class.LGPS Central offers a friendly and diverse, hybrid working environment with a range of employee benefits. The Company moved to new premises at i9, Wolverhampton Interchange in January 2022, close to local transport links.Our objective is to be a leading investment management company working with and for our Partner Funds. With a focus on value for money and performance we want to aspire to be one of the best because this is how we will deliver the superior investment returns and low costs for our Partner Funds.RequirementsPrevious experience in an Investment Risk Management Function at least at analyst level having demonstrated to be ready for a manager positionAbility to deal with very large data sets from multiple sourcesExperience in Power BI, Tableau or similar preferredSome experience in writing Policies and Committee papersGood understanding of various Public Markets and Private Markets assetsSome experience in investment risk management risk models Familiar with market, credit and liquidity risk managementGood knowledge on investment risk metrics, stress testing etc Able to communicate complex and highly-technical matters in a way which is understandable and relevant.Strong reasoning and problem-solving skills, able to develop pragmatic solutions to complex problems.Strong presentation, report-writing and verbal communication skillsAchiever mentality with a collaborative and compassionate mindset Qualifications:Relevant degree, a quantitative, scientific or financial discipline preferredFirst experience in managing an analyst or similarFRM, CQF and CFA preferredFulfil criteria for SMCR certificationWhat do we offer?We are proud to provide our people with a premium and exclusive benefits package and we are continually improving the rewards we offer. Here are a few of the valuable rewards that you will enjoy:Competitive salaryAn enhanced and generous Pension Scheme30 days' paid holiday plus bank holidays2 days paid volunteering daysAn extra paid Company Day in addition to paid holidaysExcellent Learning & Development OpportunitiesWelfare and Family friendly policiesEnhanced pay for new parentsAccess to our Employee Assistance Programme 247 Health & Wellbeing SupportVitality Private Medical InsuranceHybrid WorkingCompany Service AwardsCycle to Work SchemeCompany Electric Vehicle SchemeNominees of the Family Friendly Employer of the Year 2022 Personnel Today Awards 2022Winner of the Cultural Awareness Initiative of the Year FT Advisors Diversity in Finance Awards 2023Winner of Diversity and Inclusion Award LAPF In Investments Award 2023