This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
The Junior Associate – Fund Risk will support client servicing through risk monitoring, oversight and reporting. This will be completed by working closely with the supervisor and working in a supportive role within the Irish team (supporting the broader Waystone operations). The client base will include both liquid and Illiquid funds with the Analyst specializing after initial training.
Job Responsibility:
Complete daily risk reporting tasks including mapping, report creation, analysis and distribution of risk reports
Gain proficiency with systems used in the risk reporting procedure including Rabbit, a proprietary database and web application, and Bloomberg
Develop a familiarity and knowledge of UCITS and AIFMD with respect to risk management
Participate in supporting clients through risk reporting. This must be done in a timely and accurate fashion, solving and escalating issues as they arise in the appropriate manner
Follow and enhance existing procedures, to solve routine problems
Take ownership of a set of funds in order to monitor risk exposure, handle client queries, understand investment strategies and escalate appropriately
Perform daily reconciliations on a range of data, accounting, compliance checks and risk analytics
Work co-operatively with other groups in different locations and time zones
Provide adequate documentation and backup of all operational processes
Assisting team supervisor with ad-hoc client queries
Other projects and duties as assigned
Requirements:
A minimum of a 3rd level Degree in Finance, Business or other similar field is required
Ideally, the successful candidate will have worked for at least 1-2 years in a risk, regulatory-related role or other role in financial services preferably within the funds industry
Knowledge of or previous exposure to some regulatory filings, including but not limited to, AIFMD, UCITS, CPO-PQR, Form PF, Solvency II, OPERA, EMIR and PRIIPs is preferable but not a requirement
The role involves detailed use of Excel and is a quantitative role so an aptitude and comfort working with numbers and spreadsheets is preferred
Nice to have:
A master’s degree in a Finance or Mathematical field or a related professional qualification would be desirable but is not a requirement
It would be beneficial if the applicant has previous exposure to a number of risk measurements including Value at Risk, Stress Testing, Liquidity Analysis, Greeks and Back Testing in addition to some knowledge of a range of financial instruments including derivatives
Any experience of using Bloomberg and SQL would be beneficial as they are used on a daily basis