Head of Equity Risk Management, Vice President

Overview

The Investment Risk Manager position is part of the State Street IM Investment Risk Team. The primary focus of this group is to provide independent oversight to ensure appropriate levels of risk exist across client portfolios. The Head of Equity Investment risk manager will lead and manage the investment risk oversight process for our equity book of business, both active and index products.

The risk manager will own the measurement, quantification and communication of market risk exposures and any changes to the funds/accounts risk profiles. The position will also be responsible for creating and presenting key risk summaries to senior management on an ongoing basis. Lastly, the role will involve participation in strategic initiatives and special projects, in collaboration with the first line and strategic partners.

The candidate should possess excellent analytical, managerial and communication skills, and demonstrate competencies as a team lead to inspire and manage a global team.

• The risk manager will own the measurement, quantification and communication of market risk exposures and any changes to the funds/accounts risk profiles.
• Lead and manage the investment risk oversight process for the equity book of business, including active and index products.
• Create and present key risk summaries to senior management on an ongoing basis.
• Participate in strategic initiatives and special projects in collaboration with the first line and strategic partners.
• Provide independent oversight to ensure appropriate levels of risk exist across client portfolios.

The role requires a strong working knowledge of equity strategies, gained from experience in institutional investment management, risk management and/or research organization.

The individual is responsible for suggesting methodologies for improving portfolio risk analytics and overall risk framework, as well as undertaking unsupervised research on areas of risk management.

The individual will also be responsible for the maintenance and enhancement of our equity risk management processes and collaborate with colleagues within the global organization in the design and implementation of policies, procedures and processes for the investment risk program. The individual should have a demonstrated ability to lead projects, people, and have experience with building risk processes within an asset manager.

The successful candidate will establish credibility through technical skill and stature in risk management, by building collaborative working relationships with investment professionals, and through creating a shared vision of the benefits of more risk-aware decision making.

The ideal candidate will have a solid analytical foundation and organizational skills, be motivated by a team environment, and have the ability to learn about new analytical applications and investment products. Experience with risk concepts and database tools are required, with specific skills in using fundamental factor risk models (Axioma, Aladdin, Barra…) and coding/ visualization tools (Tableau and Python…) considered a plus.

Other key qualifications include:

• MBA, MSF and/or CFA preferred
• 7-10 years of relevant industry experience (research, risk management) with solid knowledge of equity products
• Strong understanding of portfolio construction, risk analytics, and investments
• Ability to work with senior management and to develop relationships with others throughout the organization
• Capable of taking responsibility for independent projects with limited supervision
• Strong technical skills: ability to build tools and reporting for risk management and to leverage technology and systems.
• Thoroughness and attention to detail
• Ability to manage multiple tasks, prioritize effectively, meet deadlines and deliver high quality, error-free work in a fast-paced environment
• Role model, active corporate citizenship (leaders teaching leaders) and being a culture carrier.
• Excellent written, oral and interpersonal communication skills
• Programming skills (VBA, Python, R, Matlab) is a plus

Salary Range: $120,000 - $202,500 Annual

The range quoted above applies to the role in the…