Fiduciary Risk Manager, VP

Fiduciary Risk Manager, VP

The Risk Manager controls market, liquidity, and portfolio compliance risks of IUAM funds and products, provides operational and risk due diligence for new third-party target funds, and assists the Asset Management on issues relating to improvements in processes aimed at lowering fiduciary risk and enhancing controls of the investment process.

Responsibilities

• Assess market, liquidity, and portfolio compliance risk for all IUAM funds and products
• Utilize current systems and propose new solutions to minimize risks
• Interpret feedback from headquarters on risk management and portfolio compliance issues
• Propose methodologies, budgets, limits, and solutions related to identification, evaluation, measurement, management and control of market, liquidity, and portfolio compliance
• Generate and compile reports and presentations related to risk
• Provide operational and risk due diligence for new mutual funds, hedge funds and private equity funds
• Monitor, analyze, and review trading and portfolio activity to ensure continuous compliance with client, regulatory, and internal business guidelines, and rules
• Conduct independent testing for potential risk, regulatory, and compliance issues; produce appropriate reporting to portfolio management and senior management
• Support the development, implementation, and ongoing maintenance of portfolio management rules to ensure continuous compliance of all accounts and funds
• Ensure the following activities are performed and any breaches analyzed and logged: pricing methodology of assets in IUAM funds and products, investment compliance, analysis of performance attribution and performance fee, analysis of market, liquidity, and portfolio compliance risks of funds and products
• Compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules and regulations, as well as related policies and procedures.

Qualifications

• Fluency in Portuguese is desirable
• Bachelor’s degree in business administration or related field.
• Minimum 5 years of experience in Risk Management with demonstrated success preferably in the financial services industry
• Solid knowledge of MS Office and Windows-based computer applications
• In-depth knowledge of equities and fixed income instruments, fund of funds, derivatives, and pricing models
• In-depth knowledge of Portfolio Management and Investment Products, especially hedge funds, private equities, and mutual funds
• Experience with both U.S. and non-U.S. investment fund regulations (i.e., ‘40 Act and UCITs rules)
• Strong leadership skills
• Demonstrated ability to work cooperatively with multiple constituencies in diverse geographical jurisdictions
• Superior oral and written communications skills
• Demonstrated ability to manage multiple projects simultaneously with a high degree of efficiency
• Strong problem-solving skills with the ability to exercise mature judgment
• Fluency in English