Manager - Investment Risk

About Waystone  Waystone is a leading asset-servicing solutions provider of institutional governance, administration, risk and compliance services to financial institutions. With over 25 years’ experience and a comprehensive range of specialist services to its name, Waystone helps our clients structure, operate and grow through our expertise, innovation and digitisation, backed by the operational scale to support global expansion. 

The Senior Analyst will support the Investment Risk function through risk, liquidity, valuation and compliance oversight for regulated funds. The role will focus on the production and review of risk analytics, daily investment compliance monitoring, liquidity stress testing, fair value pricing assessments, regulatory reporting and support for product development activities from an investment risk perspective. A sound knowledge of fund regulations and an understanding of the operating environment of UCITS and AIFs are essential to the role.

DUTIES AND RESPONSIBILITIES

• Analysing key market, liquidity, leverage and concentration risk indicators across client portfolios.


• Conducting liquidity stress testing in accordance with fund policies and regulatory requirements.


• Undertaking daily investment compliance monitoring, investigating breaches and exceptions, and ensuring appropriate escalation, remediation and reporting.


• Monitoring compliance with regulatory, prospectus and investment management agreement restrictions.


• Investigating investment guideline and regulatory breaches and supporting escalation through appropriate governance channels.


• Assessing valuation events and proposing fair value prices for impacted securities, including documenting the rationale and supporting valuation governance processes.


• Preparing risk and compliance reporting for review by Waystone's Investment Risk & Performance Committee.


• Providing oversight and challenge to delegated investment managers on portfolio risks, liquidity, leverage, valuation matters and investment restrictions.


• Supporting product launches, fund changes and other product development initiatives by assessing investment risk, liquidity, leverage, valuation and investment compliance implications.


• Supporting the preparation and review of regulatory reporting, including Annex IV submissions.


• Supporting the implementation of regulatory developments and enhancements to risk and compliance monitoring frameworks.

REQUIREMENTS

Experience:

• Minimum of three years' experience in investment risk, investment compliance, fund oversight, risk management or a related funds industry role.


• A degree plus a professional qualification (accounting / FRM/ CFA charterholder or candidate)


• Strong knowledge of AIFMD or UCITS regulations


• Experience interpreting and monitoring UCITS, AIFMD and prospectus investment restrictions would be advantageous.


• A high level of proficiency with Microsoft applications including Excel, Powerpoint and Word is required while experience in Bloomberg or similar systems would be beneficial


• Strong stakeholder management skills and the ability to engage effectively with investment managers and other service providers.


• Clarity of analysis and of expression, both written and oral


• A commitment to on-going professional and personal development

Education:

• A minimum of a 3rd level Degree in Finance, Business or 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.