Janus Henderson Investors Investment Risk Analyst in United States
Janus Henderson Global Investors is a leading independent global asset manager, dedicated to delivering the best outcomes for clients through a broad range of actively managed funds.
We provide our institutional, retail and high net-worth individuals with access to skilled investment professionals representing a broad range of asset classes including, equities, fixed income, multi asset and alternatives.
We are a team of independent thinkers who work tirelessly to help our clients achieve their goals – and we do it by fostering an energetic and collaborative culture that ensures our people love the place they work.
Headquartered in London, Janus Henderson is a truly global asset manager with a diverse geographic footprint, managing assets from 27 offices globally and employing more than 2,000 staff.
Corporate Title: Investment Risk Analyst
Department: Investment Risk
Reporting Line: Senior Portfolio Risk Manager
Revised Date: 22 November 2018
In-scope of Knowledge & Competence (MiFID II): No
The Investment Risk team which is part of the front office market risk function support the portfolio managers in ensuring the fund risk profile reflects the investors’ expectations. The team is also involved in helping the fund manager in achieving their objectives and/or improving their risk return profiles. The team meets its objectives by measuring, analysing and monitoring risk and performance measures and ensuring it is consistent with client expectations. Furthermore, as part of the process, understanding the fund manager views and convictions are crucial to ensure alignment with the fund aim and risk profile.
The team uses an array of tools to calculate risk metrics which calculation we try to automate as much as possible so that our team members spends more of their time understanding the risks in the portfolios which may not be captured by standard risk models. This includes ad hoc analyses and sometimes the development of analytics tools either used by the team or deployed to the fund manager for their own use.
The team is located physically close to the majority of fund managers which is designed to maximise the benefits of communication/interaction with the fund managers on an ongoing basis. There are strong formal oversight and escalation mechanisms in place with regular risk meetings with fund managers chaired by senior investment or risk personnel and a monthly Investment Performance and Risk Committee attended by senior investment and risk personnel.
Overview of the Role
Ultimately the aim of the role is to support the Senior Portfolio Risk Manager in ensuring fund risk profiles reflect client expectations and to support the fund manager in continuously improving the risk / return profile delivered to investors. This will include but not limited to: ownership of the relationship with the fund manager, ownership of the identification of visible and hidden risks in the portfolios covered, ownership of escalation and resolution of issues when identified, drive forward the development of analytics and/or automation of existing analytics on the desk, etc.
This role is mid-level role which will report into a senior member of the team to oversee a broad group of funds. While the role will have an asset class focus, we make every effort to cross fertilise between the asset classes within the team.
There is a requirement to escalate concerns and highlight the levels/split of risk to senior management including the Senior Portfolio Risk Manager and / or Global Head of Investment Risk and Analytics. The nature of the role demands a quantitative mindset, programming ability and good knowledge of derivatives.
A strong understanding of fund risks and risk systems as well as the strengths and weaknesses of them will be a significant advantage. Strong candidates will possess good communication/ interpersonal skills, a good understanding of risk models and different investment processes combined with self-sufficiency and initiative.
Area of Control
Your core duties fall within the remit of the Investment Risk team.
Duties and Responsibilities
Be responsible for ensuring the creation / analysis of regular risk attribution reports for assigned funds for use by the Fund Managers, Global Head of Investment Risk, CIO, CRO, and other interested users of the data such as senior management, marketing, and compliance
Work with the Senior Portfolio Risk Manager in covering all aspects of investment risk, performance and other relevant metrics to help manage the portfolio in the client’s best interest.
Partner with investment teams on fund structuring and portfolio optimisation strategies.
Build and maintain relationship between the Risk team and other business support teams within Janus Henderson.
Support implementation and development of quantitative solutions for risk management.
Enhance the infrastructure supporting the generation of risk reports across different asset classes.
Carry out additional duties as assigned
Technical Skills and Qualifications
Recognized degree in a quantitative subject (Mathematics, Physics, Engineering)
Sound knowledge of financial instruments and good grasp of risk and performance related concepts are required.
5-6 years’ experience in a similar buy side market risk role ideally, market risk role on the sell side considered.
Some knowledge of Bloomberg, RiskMetrics, UBS Delta, Barra or similar systems beneficial.
Strong Programming skills (Python or other object oriented languages)
Strong analytical and organization skills with acute attention to details
Strong communication (verbal and written) skills
Excellent interpersonal skills
Ability to “think outside the box”
Ongoing competence in the role to be assessed by:
Annual Performance Appraisal
Completion of all assigned Compliance training
Annual Attestation (Knowledge and Competence in-scope roles only)Compliance RequirementsAt a minimum the role will require you to:
Place the interest of Janus Henderson’s Clients first and always 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 you would like further explanation or direction regarding this
Understand and abide by all Janus Henderson policies applicable to your role, and ask for the support/guidance of the policy owner if you are unsure at any time
You are ultimately accountable for your actions and responsible for seeking further information on any or all of the above as necessary.
Janus Henderson Investors (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 Investors at its sole discretion).
All applicants must be willing to comply with the provisions of Janus Henderson Investors' 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 Investors 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.