Senior Risk Analyst, Private Markets

at  AIMCo Alberta Investment Management Corporation

CLOSING DATE:

April 20, 2024
Opportunity
Work our way from Edmonton, Calgary, or our Toronto Offices
Posting will close Friday April 19th at 11:59pm EST
Investment Risk Management (IRM) is a department within the Risk Management division. IRM supports AIMCo’s investment decision-making processes by providing insight and independent oversight of AIMCo’s investment risks at the client total portfolio, total fund, asset class, product, and strategy levels. IRM is organized into the following teams to provide dedicated coverage of investment risks: Client Total Portfolio, Total Fund, Public Equity, Fixed Income, TAA, Private Debt & Loan, Infrastructure, Renewable Resources, Real Estate and Private Equity.
IRM is supported by the Investment Risk Analytics (IRA) department, which is responsible for the accurate modelling and the timely measurement and reporting of investment risks.
This Senior Risk Analyst, Private Markets position within the IRM team will support the risk managers in quantitative and qualitative analysis, risk monitoring and reporting for all private market asset classes (namely Private Equity, Infrastructure and Renewable Resources, and Real Estate). All risks, including investment and non-investment risks are in scope.
Highly successful Senior Analysts are self-starting, intellectually curious, highly diligent and results focused. They are relationship builders, able to interact with diverse groups of stakeholders and are comfortable putting critical issues up for discussion. Highly consultative yet confident, you will support risk related decision making and portfolio risk monitoring. You will also contribute to the broader Investment Risk Management team by identifying and assessing the risks of AIMCo’s investment strategies. Additionally, you will contribute to AIMCo’s portfolio advisory activities and private asset class risk modelling.

Responsibilities:

• Supporting portfolio risk monitoring and reporting that provides transparency into the Private Market asset classes’ risk profile and supports AIMCo in making risk-informed decisions
• Supporting identification, analysis and monitoring of investment and non-investment risks within Private asset classes in accordance with relevant Risk Management policies and methodologies
• Supporting and collaborating with risk managers in all risk assessments of new or revised products, and material transactions. This includes preparing transaction risk assessments and highlighting the total portfolio risk implications of asset class initiatives and positioning
• Developing Board and Client risk reports and supporting commentary
• Researching and recommending modeling improvements, in consultation with portfolio managers and IRA, to improve the risk measurement of exposures within the portfolio
• Advising on potential stress events or other emerging risks. Collaborating with IRM risk managers, portfolio managers and IRA to perform stress & scenario testing.

Our Ideal Candidate Qualifications:

• Bachelor’s degree or higher in a quantitative discipline (Finance, Economics, Financial Mathematics)
• Completion or working towards CFA, PRM, FRM designation
• 3+ years relevant experience
• Broad understanding of financial markets, institutional asset management and investment process. Exposure to illiquid asset classes is considered an asset
• Initiative and the ability to grasp new concepts, driven and results-oriented
• Strong attention to detail as well as ability to prioritize and manage multiple projects
• Able to influence peers and stakeholders, comfortable speaking up and providing counterbalance, while simultaneously maintaining collaboration
• Advanced written and verbal communication abilities
• Experience with SQL is an asset
• Demonstrates a strong commitment to AIMCo’s core values of excellence, transparency, humility, integrity, and collaboration, and inspires the same in others

Success Measures:
Within the first twelve months, you will have developed a good working knowledge of AIMCo’s approach to risk management, workflows and processes and have demonstrated your strong understanding of private markets risk and its impacts on investments and portfolios. You will have demonstrated a commitment to AIMCo’s core values through interactions and work deliverables.
Next Steps
We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.
Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.
ALERT - Be on the lookout for AIMCo career opportunities advertised through third parties that request an application fee or too much information. To verify, all opportunities are posted on aimco.ca/jobs
Just like our investments, our international team is stronger when we are diversified. At AIMCo, we draw upon the differences in who we are, where we come from, and the way we think to foster sophisticated solutions for Albertans. Doing business the right way means building an equitable organization inclusive of all races, genders, ages, abilities, religions, neurodiversity, identities, and lived experiences. Simply put, when you can show up as your authentic self every day, you and your team can truly thrive — all in service of our clients and their beneficiaries

• Supporting portfolio risk monitoring and reporting that provides transparency into the Private Market asset classes’ risk profile and supports AIMCo in making risk-informed decisions
• Supporting identification, analysis and monitoring of investment and non-investment risks within Private asset classes in accordance with relevant Risk Management policies and methodologies
• Supporting and collaborating with risk managers in all risk assessments of new or revised products, and material transactions. This includes preparing transaction risk assessments and highlighting the total portfolio risk implications of asset class initiatives and positioning
• Developing Board and Client risk reports and supporting commentary
• Researching and recommending modeling improvements, in consultation with portfolio managers and IRA, to improve the risk measurement of exposures within the portfolio
• Advising on potential stress events or other emerging risks. Collaborating with IRM risk managers, portfolio managers and IRA to perform stress & scenario testing