Investment Risk Analyst

Business Unit:Compliance, Risk and Internal Audit

Reporting To:Director, Investment Risk

Shift:EMEA (1:30 pm - 10:30 pm IST) (India)

About Russell Investments, Mumbai: 

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 88-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm has over $1 trillion in assets under advisement (as of December 31, 2023) and $302.7 billion in assets under management (as of March 31, 2024). Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai, and Mumbai.

Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.

Job Description:

Investment Risk team is responsible to build, enhance, and run the Enterprise Risk Management System (ERMS). It works closely with portfolio managers and research to provide risk insights into the investment strategies. The insights are derived from multiple sources including proprietary quantitative models and vendor risk tools. These insights include various performance and risk metrics, attribution analysis, Value at Risk, Stress Testing etc.

The Investment Risk team in Mumbai is an extension of Seattle team. This position will work closely with peers in Seattle, as well as with portfolio management and research teams globally. The successful candidate will be responsible for development, maintenance and operation of the ERMS, and will report to the Director, Investment Risk in Mumbai.

Key Responsibilities

Some of the key responsibilities include (but not limited to) :

• Design and develop robust processes for calculation, aggregation and reporting of performance and risk analytics.

• Contribute to development and implementation of new risk models to capture risk efficiently, and maintain existing models currently deployed in production.

• Liaise with investment division and technology teams to onboard products, strategies or portfolios on ERMS platform and integrate them with calculation and reporting frameworks.

• Provide ongoing support to the daily production process and controls to verify completeness, accuracy and timeliness of various risk metrics produced. Identify and remediate any issues in a timely manner.

• Enhance the risk reporting infrastructure by automating periodic and regulatory tasks.

• Handle ad-hoc requests that support effective risk management.

Years of experience

2-5 years of experience in a similar profile, preferably in banking or asset management firms.

Qualifications

• Bachelor’s or a master’s degree from Tier 1/Tier 2 colleges in Computational Finance, Computer Science, or related fields with strong focus on mathematics or statistics.

• Knowledge of various financial instruments and/or pursuing (or completed) any relevant certifications like CFA, FRM etc. is considered a strong plus.

Candidate Requirements

• Demonstrated programming skills in python or any object oriented programming language.

• Solid understanding of data structures and algorithms.

• Experience designing and setting up production-grade systems is a strong plus.

• Good knowledge of basic mathematics and statistics concepts like regression, probability distributions, time-series analysis etc.

• Basic knowledge of SQL is required. Experience with any relational database is preferred.

• Basic understanding of investment strategies, capital markets, securities etc. is preferred. Consideration will be given to a highly technical candidate with desire to get into finance.

• Strong analytical and problem-solving skills with attention for detail.

• Excellent communication skills (oral and written). Ability to articulate complex issues.

Core Values

• Strong interpersonal, oral, and written communication and collaboration skills with all levels of management.

• Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines.

• Demonstrated proactive approach to problem-solving with strong judgment and decision-making capability.

• Highly resourceful and collaborative team-player, with the ability to also be independently effective and exude initiative and a sense of urgency.

• Exemplifies our customer-focused, action-oriented, results-driven culture.

• Forward looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.

• Ability to act with discretion and maintain complete confidentiality.

• Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigor.

Visit us: https://russellinvestments.com/us/careers