Junior Associate / Associate - Investment Risk

Waystone leads the way in specialist services for the asset management industry.

Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.

With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn. Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

JOB PURPOSE

 The Junior Associate / Associate – Investment Risk will be an integral part of the Waystone team and will play a pivotal role in proactively managing and supporting their clients and funds from a commercial and governance perspective as well as representing Waystone at external events.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

Monitoring of portfolio risks

• Monitoring of portfolio investment risks.
• Investment restrictions controls (regulatory and/or investment policy related).
• Monitoring of leverage AIFMD and understanding of its drivers.
• Assessing and monitoring the liquidity profile of each portfolio.
• Understanding of the different portfolio strategies and their implementation through the different instruments employed.
• Identify key risk drivers for the different investment products and strategies and to define appropriate stress testing and monitoring methodologies.
• To follow up on client requests or related internal queries
• Compile meaningful risk reporting and timely escalate critical observations.

Set-up of new client portfolios

• To assess investment strategies and identify the relevant instruments/investments.

• To assess risk profiles and propose relevant risk monitoring methodologies and portfolio stress tests.

• To ensure correct mapping of the portfolio instruments.

• To liaise internally with other departments and externally with clients, to set up the production of investment risk monitoring.

• To ensure the smooth start-up of daily and monthly reporting processes.

Other tasks

• Assist actively with the implementation of risk framework enhancements and systems changes.
• Actively participate in knowledge transfer within the organisation.

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential  functions.

Your Profile

• Hold a master’s degree in finance, risk management, business engineering, or mathematics.

• Familiarity with Luxembourg’s fund industry and portfolio risk oversight framework for alternative investment funds.

• Understanding, analyzing, risk monitoring and reporting of:

  • Real estate investments
  • Private debt / direct lending operations
  • Syndicated loans
  • Multi-credit portfolios

• Fluent in English with very good writing and verbal communication skills. Any other language would be considered an asset.

• Experience in Python and/or VBA would be considered as an advantage.

Within our growing Group, this is a role where you can prove yourself and build a long-term career. We offer a competitive package and a friendly environment, where you will join a competent, dynamic, and multicultural team.

Please also note that in accordance with the law of July 23, 2016, the selected candidate will be requested to provide a valid criminal record (section 3) in due time.