Janus Henderson Investors Risk Manager in London, United Kingdom
We are a leading independent global asset manager, dedicated to delivering the best outcomes for our clients through a highly diversified range of actively-managed products. We are truly global, supporting our individual and institutional investors across a range of products, encompassing equities, fixed income, multi-asset and alternatives. Our high-energy and collaborative culture at Janus Henderson helps our client achieve their goals and ensures that our people love the place they work.
Our culture is the foundation for how we interact with clients and one another as part of our unique, people-focused work environment. We support a flexible hybrid working model that allows teams to build a strong and positive culture by inspiring innovation and increasing collaboration. Currently our hybrid working model allows employees to work 2 or more days in office and the remaining time remotely.
Employees and Managers will discuss and determine what schedule works best for them and the team, with additional flexibility available based on the role, business needs, and individual circumstances.
JHI Workplace Practices is subject to change as the future of work within our organization evolves.
Janus Henderson offers expertise across all major asset classes, with investment teams situated around the world. These dynamic teams are structured and operate in ways that are best suited to their asset classes and manage products designed to meet a range of investor needs globally. We do not impose top-down house views; instead we allow an appropriate level of flexibility within a controlled environment and encourage the sharing and debate of investment ideas. Our Investment teams are grouped under: Equities, Fixed Income, Multi-Assets and Alternatives.
Overview of the role
You will support the Portfolio Managers in continuously improving the risk / return profile delivered to investors. This will include but is not limited to working closely with relevant Portfolio Managers, identifying all sources of risk in the portfolios covered, and taking ownership of escalation and resolution of issues when identified. You will also help Portfolio Managers analyze return attribution to quantify and understand drivers of performance.
You will also help ensure portfolio risk profiles reflect client expectations.
The nature of the role demands a quantitative mindset, programming ability and good knowledge of derivatives. You will possess good communication/interpersonal skills, a good understanding of risk models and different investment processes combined with self-sufficiency and initiative.
Duties and responsibilities
Design processes to ensure that accurate risk analytics are available on a timely basis.
Analyse risk attribution reports for use by the Portfolio Managers, Global Head of Investment Risk, Asset Class Heads and other interested users of the data such as senior management, marketing, and compliance.
Work with Portfolio Managers regularly in one-on-one meetings in addition to oversight risk meetings covering all aspects of investment risk, performance and other relevant metrics to ensure portfolios are managed in the client’s best interest.
Partner with investment teams on fund structuring and portfolio optimisation strategies.
Respond to direct requests from Portfolio Managers and proactively interact with them.
Contribute to the development of portfolio risk analysis by determining creative approaches to decompose risk and performance or create new, insightful analysis on funds.
Escalate issues to senior management.
Produce ad hoc reports for the business, focused on risk issues in the prevailing markets.
Support implementation and development of quantitative solutions for risk management.
Assist with management of seed capital hedging as directed
Work closely with other members of the team, providing mentoring and technical support, as appropriate.
Carry out additional duties as assigned.
Has responsibility for supporting portfolios within the Fixed Income Asset Class.
Technical skills and qualifications
Educated to degree level or equivalent
CFA or other professional qualification is an advantage
Strong quantitative skills
Previous experience in a risk management role
Good knowledge of capital markets
Knowledge of derivatives (types, valuation/pricing, risks)
Good knowledge of risk models and concepts such as tracking error, VaR, and stress testing methodologies together with an appreciation of their limitations
Working knowledge of Bloomberg, RiskMetrics, UBS Delta, Barra or similar systems is beneficial
Advanced Excel/VBA is required, knowledge of Python is very beneficial
In addition to putting clients first, acting like an owner, and succeeding as a team, the competencies for this role include:
Excellent communication skills, both written and spoken
Ability to plan and organise workload to perform both routine and ad hoc tasks
Proactive and self-sufficient
Ability to build strong working relationships with internal clients
Ability to work closely with external software providers as and when required
Ability to use initiative and influence a variety of stakeholders across all levels of the business
Excellent attention to detail
Ability to build relationships with key personnel such as Portfolio Managers and the Distribution team
Ability to assimilate knowledge quickly with a desire to improve knowledge of all Janus Henderson products/funds
A flexible approach with the ability to think laterally
Excellent analytical skills, with the ability to present detailed analysis in a clear and concise manner
Ongoing competence in the role to be assessed, in line with applicable regulatory requirements, by:
Annual performance appraisal
Completion of all assigned compliance training
At a minimum the role will require you to:
Place the interest of Janus Henderson’s Clients first, act in accordance with TCF (Treating Customers Fairly) principles
Understand and follow laws and regulations applicable for your role, seeking the help of your supervising manager or Compliance if additional guidance is required
Understand and abide by all Janus Henderson policies applicable to your role, and seek support/guidance of the policy owner guidance when required
You are ultimately accountable for your actions and responsible for seeking further information on any or all of the above as necessary.
Janus Henderson (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employee’s job functions (as determined by Janus Henderson at its sole discretion).
All applicants must be willing to comply with the provisions of Janus Henderson Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities. Applicants’ past political contributions or activity may impact applicants’ eligibility for this position. Janus Henderson is an equal opportunity /Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. All applications are subject to background checks.