We have an exciting opportunity for a Private Market Risk Manager in London on a permanent basis.
As a Private Market Risk Manager, you will make a significant and valued impact from day one. This role offers a chance to assist the Head of Private Market Risk in the ongoing development and expansion of the private market investment risk oversight framework.
The Private Market Risk function operates as a sub-team within the broader Financial Risk function, collaborating with the Public Markets Risk team on investment risk oversight. The primary goal is to identify, oversee, control, and report on private market investment risk at both the individual mandate level and across the defined benefit (DB) and defined contribution (DC) segments of the fund.
To achieve this, you will be responsible for building and maintaining processes related to analysis, oversight, reporting, and ensuring that they are effective, accurate, and timely.
Key Responsibilities
As a trusted member of the Financial Risk team, you will:
- Review and challenge transactions from a risk perspective for the Private Markets Investment Committee.
- Prepare independent risk assessments and opinions on direct, fund, and co-investment transactions across all private market asset classes (including private equity, private credit, infrastructure, and property), evaluating a comprehensive set of risks (e.g., financial, credit, operational, legal/regulatory, reputational, climate change) and assessing the risk/return profile within the portfolio context.
- Monitor the evolving risk profile of investments post-acquisition and review asset management activities (including credit rating reviews) from a risk perspective for the Portfolio Review Committee.
- Evaluate valuations of private market assets for the Fair Value Committee.
- Generate insightful management reports on the risk profile and key insights related to the private market portfolio.
- Conduct scenario analyses and stress tests to proactively identify emerging risks that could affect private market investments, proposing potential mitigating strategies at both the asset and portfolio levels.
- Support the modeling and onboarding of private market investments in risk systems such as MSCI BarraOne/RiskManager and Ortec GLASS.
- Stay informed about key trends and risks in the private market industry.
- Develop research and expertise in private asset classes to enhance risk assessment and ensure adherence to best industry practices.
For more information about this position, please apply.
