Investment Risk Manager (LDI), Vice President, Hybrid

at  State Street

Who we are looking for
As an Investment Risk Manager within State Street Global Advisors’ (SSGA) Enterprise Risk Management (ERM) team, based in London, you will directly oversee the Liability Driven Investments (LDI) mandates. In addition, you will assist in the oversight and mentoring of investment risk professionals in the region. The role requires strong working knowledge of fixed income investment strategies and financial derivative instruments, gained from experience in institutional investment management, or risk management organization.
You will need the ability to influence and engage senior stakeholders, as well as to adapt to rapidly changing market events with leverage, liquidity or investment risk implications. You will need the ability organize both qualitative and quantitative information in a meaningful way to develop and implement plans to mitigate risks to SSGA’s clients and funds.
This role can be performed in a hybrid model, where you can balance work from home and office to match your needs and role requirements. In this role you can anticipate substantive interaction with several global business functions, including Investment, Trading, Product, Legal and Compliance, and will need to communicate effectively with a wide range of people. You will also work closely with our Technology Risk partners to drive improvement in productivity via automation and centralization of risk reporting, to execute our digital transformation strategy. You will drive a risk-aware culture throughout the organization by challenging the status quo and providing objective thought leadership to our organization and the financial industry
Who we are:
State Street Global Advisors is the asset management arm of State Street Corporation, one of the world’s leading providers of financial services to institutions. Institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are critical to our continued success. The Global ERM team consists of over 60 risk professionals based in Boston, Stamford, London, Dublin, Krakow, Bangalore and Sydney. As a combined group, we are responsible for identification, control, and reporting of operational, investment, liquidity, credit, and model risk globally.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best. Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for

As Investment Risk Manager within ERM you will:

• Lead the oversight of SSGA’s Liability driven investments portfolios, actively examining, measuring, monitoring and communicating risk exposures and changes in the risk profile of investment funds and respond to ad-hoc requests from various business groups and senior management
• Assist in the local oversight, mentoring and coaching of Investment Risk professionals in the region
• Provide oversight to senior management and business divisions through communication of key investment risk highlights, emerging risk and themes
• Ensure appropriate risk management information is produced and reviewed at appropriate intervals
• Participate in client due diligence and regulatory meetings to articulate the firm’s risk oversight program
• Maintain and improve the investment risk management framework and processes
• Collaborate with colleagues within the global organization to develop and implement policies, procedures and processes for the investment risk program
• Develop methodologies for improving portfolio risk analytics and undertake unsupervised research on areas of risk management
• Build a collaborative working relationships with investment professionals and promote a shared vision of the benefits of risk-aware decision-making
• Support a culture of risk transparency and effective challenge
• Maintain the highest standards of conduct and integrity and ensure compliance with accepted industry practice, company policies, statute and regulatory requirements
• Work on improvements to methodologies used for risk analysis and undertake independent research

Education, Preferred Qualifications and Skills

The following skills and experience will help you succeed in this role

• 8+ years of relevant investment and/or liquidity risk experience in a financial services organization, buy-side experience is preferred
• Bachelor’s degree in finance, economics, mathematics or business-related field, or equivalent experience; having CFA or FRM is a plus
• Proven relevant industry experience (data analysis, risk management, risk models)
• Experience with risk concepts and database tools are required, with specific skills in BlackRock Aladdin, Bloomberg’s PORT, MSCI BarraOne and MSCI RiskMetrics considered a plus
• Ability to manage multiple tasks, prioritize effectively, meet deadlines and deliver high quality, error-free work in a dynamic and fast-paced environment
• Collaborative by nature with the ability to inspire, motivate and coach global team members and to help others achieve more, including the flexibility to work within global deadlines
• Ability to work with senior management and to build relationships with others throughout the organization
• Capable of taking responsibility for independent projects with limited direct supervision
• Excellent written, oral and interpersonal communication skills
• Programming skills (Tableau, VBA, Access, R, Matlab) is a plus
• A deep knowledge of market and liquidity risk drivers and the potential mitigates, as well as of key regulatory developments in the LDI market.
• Experience of engaging with senior business leaders, fund company boards and regulators within EMEA
• Analysis including stress testing process development and implementation

Are you the right candidate? Yes!
We truly believe in the power that comes from the diverse backgrounds and experiences our employees bring with them. Although each vacancy details what we are looking for, we don’t necessarily need you to fulfil all of them when applying. If you like change and innovation, seek to see the bigger picture, make data driven decisions and are a good team player, you could be a great fit

• 8+ years of relevant investment and/or liquidity risk experience in a financial services organization, buy-side experience is preferred
• Bachelor’s degree in finance, economics, mathematics or business-related field, or equivalent experience; having CFA or FRM is a plus
• Proven relevant industry experience (data analysis, risk management, risk models)
• Experience with risk concepts and database tools are required, with specific skills in BlackRock Aladdin, Bloomberg’s PORT, MSCI BarraOne and MSCI RiskMetrics considered a plus
• Ability to manage multiple tasks, prioritize effectively, meet deadlines and deliver high quality, error-free work in a dynamic and fast-paced environment
• Collaborative by nature with the ability to inspire, motivate and coach global team members and to help others achieve more, including the flexibility to work within global deadlines
• Ability to work with senior management and to build relationships with others throughout the organization
• Capable of taking responsibility for independent projects with limited direct supervision
• Excellent written, oral and interpersonal communication skills
• Programming skills (Tableau, VBA, Access, R, Matlab) is a plus
• A deep knowledge of market and liquidity risk drivers and the potential mitigates, as well as of key regulatory developments in the LDI market.
• Experience of engaging with senior business leaders, fund company boards and regulators within EMEA
• Analysis including stress testing process development and implementatio