Risk Analyst Asset Management activities

Within the Group CRO function, we are looking for a talented and proactive resource to join the Group Risk Operating Framework (Group ROF) Unit, whose main mission will be to support the setting‑up of specific controls on AM activities.

• monitoring the overall performance of Group asset managers, including the tracking on the evolution of the assets under management and the performance of the underlying funds
• identifying and analysing the relevant Key Performance Indicators (KPIs) to be monitored at fund level, e.g. YTM, TR, etc. depending on the specific asset classes being considered
• applying market best‑practices and techniques such as performance attribution and benchmarking analyses in comparing alternative investment opportunities
• liaising with the relevant stakeholders inside and outside the Group CRO function to gather the necessary information
• supporting the analyses of the impacts on the Insurance portfolios to which funds have been allocated in terms of P&L, etc.
• supporting the automation of the entire monitoring, including the tracking of the historical performances and analyses performed
• supporting the development of the reporting to Senior Management and/or to relevant Administrative Management or Supervisory Boards

Furthermore, the candidate would support the following enhancement of the Investment Risk framework:

• mapping of the AuM managed by Group AM Companies, distinguishing between Generali Portfolios (Own, Shared, Customer Risk) and Third‑Party
• partaking to the definition of appropriate risk‑adjusted KPIs, considering the risk indicators adopted to monitor investment risks within the Insurance Portfolios
• following up on effective performance / distribution of specific investment initiatives vs approved proposals

Our ideal candidate will meet the following requirements:

• Bachelor's degree in Economics, Finance or quantitative disciplines
• At least 3‑5 years of experience in asset management and/or in financial institutions, preferably in Investments and/or Risk Management (or other similar experience, e.g. Business Consulting)
• Understanding of Asset Management industry practices and regulation; understanding of financial markets and related risks (market, credit, counter party, liquidity, sustainability, valuation, operational and reputational), and familiarity with risk management methodologies
• Working knowledge of investments in private assets instruments (e.g. Private Debt, Private Equity, Real Estate), risk‑return profiles, valuation methodologies, etc...
• Familiarity with Risk Management softwares (e.g. Risk Metrics, Liquidity Metrics) and/or Alternative Assets data providers (e.g. Preqin, Quantyx) is a plus
• Working knowledge of VBA, Python, Matlab (or other equivalent programming language) and Power Bi as a nice to have

• Proactive approach with strong learning ability and collaborative mindset
• Excellent interpersonal skills to interact with different stakeholders
• Ability to gather information, re‑organize it, analyze it and report it in an effective way
• Resistance to stress and reactive to tight timelines and deadline requirements
• Second European foreign language such as French, German or Spanish will be considered a plus

Generali is a major player in the global insurance industry - a strategic and highly important sector for the growth, development and welfare of modern societies. Over almost 200 years, we have built a multinational Group that is present in more than 60 countries, with 470 companies and nearly 80,000 employees. Our Group aims to become the standard bearer and industry leader in the European retail insurance market, building on our existing base of 50 million retail clients, out of an overall total of 72 million.