Risk Officer – Enterprise Risk Management & Investment Risk
$125,000–$125,000 year
On-siteChicago, Illinois, United States
Job Summary
Maintain and continuously improve the firm's Enterprise Risk Management (ERM) framework while facilitating firm-wide risk assessments and managing the enterprise risk register. Identify, evaluate, and monitor strategic, operational, financial, regulatory, technology, vendor, and reputational risks, then develop and monitor Key Risk Indicators and risk appetite metrics. Prepare quarterly risk reports for executive management and the Board, coordinate periodic assessments with business units, and oversee incident management and risk event reporting processes. Provide independent oversight of investment risks across strategies by monitoring portfolio exposures, leverage, liquidity, counterparty, concentration, market, and currency risks. Develop investment risk reporting dashboards, review portfolio risk relative to client guidelines, perform stress testing and scenario analysis, and evaluate new investment products from a risk perspective.
Required Qualifications
- Bachelor's degree in Finance, Economics, Accounting, Risk Management, Business, Mathematics, or a related field
- 5-10 years of experience in enterprise risk management, investment risk, operational risk, or a related field within asset management, banking, insurance, or financial services
- Strong understanding of institutional asset management and investment products
- Experience with Enterprise Risk Management frameworks
- Knowledge of portfolio risk measurement techniques
- Excellent analytical, communication, and presentation skills
- Strong project management and organizational abilities
- Ability to influence stakeholders across multiple business functions
Desired Qualifications
- Master's degree (MBA, MS Finance, or related field)
- FRM (Financial Risk Manager)
- CFA (Chartered Financial Analyst)
- PRM (Professional Risk Manager)
- CRM or equivalent risk management certification
- Experience with foreign exchange, derivatives, overlay strategies, or multi-asset portfolios
- Experience implementing or administering Governance, Risk & Compliance (GRC) platforms
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