Risk Manager - Investment Risk for Global Illiquid Alternative Strategies

Job Level:  Professional
Location: 

Senningerber g, LU, L-2633

Area of Expertise:  Asset & Investment Management
Unit:  Allianz Global Investors
Employing Entity:  ACP GmbH / LU Branch
Job Type:  Full-Time
Remote Job:  Hybrid working
Employment Type:  Permanent
ID:  51228
Position Cluster:  n.a.

Join us. Let’s care for tomorrow.

 

At Allianz Capital Partners our people enjoy motivating, fulfilling careers. If you are looking for a fast-paced working environment, you are resolved to cultivate and expand your talents and relish a challenge, then join us now! We are committed to giving our people – experienced and energetic professionals alike – the opportunities and experiences they seek to thrive and gain personal fulfilment. We will work with you to craft your own career, develop your personal growth, and align your achievements with your ambitions.

 

 

Job Purpose/Role

 

We are hiring a forward-thinking and results-oriented Risk Manager with expertise in illiquid alternatives to join our team and work with various Portfolio Management teams across different Private Markets investment strategies in Europe, the US and Asia. The position will be based in our Luxembourg office, where the Risk Manager will have primary responsibility for investment risk for select illiquid strategies globally, and particularly Luxembourg-domiciled Alternative Investment Funds. The Risk Manager will report to the Head of Private Markets Risk.

 

 

Key Investment Risk Responsibilities

 

  • Provide investment risk coverage for European, US and other global strategies, vehicles and investments (including, Luxembourg-domiciled AIFs).

  • Undertake internal credit ratings / rating validations for new private debt transactions.

  • Conduct regular reviews of existing internal ratings.

  • Perform stress-testing and portfolio risk monitoring activities.

  • Preparation of risk reports for select illiquid portfolios and presentations for senior management and external investors.

  • Conducting risk assessments of investment proposals and providing an independent 2nd vote in investment committees.

  • Assess portfolio risk along various dimensions of risk, including concentration risk, liquidity risk, sustainability risk, etc.

  • Support the build-out of the private markets platform by providing analysis and advice to management and by further enhancing the oversight framework on an ongoing basis.

  • Maintain an effective and cooperative steady communication with all relevant investment, middle and back-office teams.

  • Keep abreast of overall market developments in relevant asset classes using internal and external networks.

  • Serve as expert resource for inquiries from clients, distributions, legal and compliance teams on risk profile and overall characteristics of covered strategies.

  • Support ad-hoc projects and initiatives as required to support the evolving risk oversight framework.

 

 

Key Requirements/Skills/Experience

 

  • Master's degree in business, economics, math (or other quantitative discipline) with strong finance orientation

  • Experience as credit or rating analyst in a bank, rating agency, or other financial institution with a focus on investment risk management, preferred CFA, CAIA, FRM or a similar designation is an advantage

  • Experience with any of the following are considered an asset: assessing ESG and climate change factors, using risk systems (e.g. MSCI RiskMetrics) and financial modelling

  • Excellent verbal and written communications skills to successfully explain complex financial topics, as well as a proactive client service focus

  • Ability to work independently, think out-of-the-box and provide analysis and recommendations with credibility and confidence

  • Experience with reporting and related tools (e.g., Microsoft BI)

 

51228 | Asset & Investment Management | Professional | n.a. | Allianz Global Investors | Full-Time | Permanent

 

About Allianz Global Investors 

 

Allianz Global Investors is a leading global active asset manager.

 

We invest for the long term and want to create value for clients every step of the way. We do this by being active – in how we partner with clients and anticipate their needs, and build solutions based on capabilities across public and private markets. Our focus on enhancing our clients’ assets leads naturally to a commitment to sustainability for positive change. Our goal is to enhance the investment experience for clients, whatever their location or goals.

 

Putting our clients' needs first, behaving in a transparent way and treating people fairly means acting with integrity. We encourage a collegial culture, that supports individual responsibility. We invest in the development of our employees to maximize the power of innovation.

 

We at Allianz believe in a diverse and inclusive workforce, we are committed to the principles of Equal Employment Opportunity and to helping applicants with any disabilities. We encourage you to bring your whole self to work, no matter where you are from, what you look like, who you love or what you believe in. We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, disability or sexual orientation. Great to have you on board.

 

If you feel inspired to promote the active asset management experience, this is the place for you. Join our diverse, international, technology-enabled, and agile environment. Simply upload your CV in English to apply for this position! If you need support to navigate our websites or at any stage during your application, please send an email with your request to recruiting@allianzgi.com

 

 

To Recruitment Agencies:

 

Allianz Global Investors has an in-house recruitment team that sources great candidates directly. Therefore, Allianz Global Investors does not accept unsolicited resumes from agency or search firm recruiters.

 

When we do work with recruitment agencies, that engagement is formalized by a contract. Fees will only be paid when there is a contract in place.

 

Without a contract in place, we will not accept invoices on unsolicited resumes, even if the candidate was ultimately employed by Allianz Global Investors.

 

Finally, please do not contact hiring managers directly.