Junior 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.

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.

Responsibilities:

· 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.

Education:

A minimum of a 3rd level Degree in Finance, Business or other similar field is required. A master’s degree in a Finance or Mathematical field or a related professional qualification would be desirable but is not a requirement.

Experience

· 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.

· 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.

· The role involves detailed use of Excel and is a quantitative role so an aptitude and comfort working with numbers and spreadsheets is preferred.

· Any experience of using Bloomberg and SQL would be beneficial as they are used on a daily basis.