Investment Risk Manager

The Company

Titan Asset Management, formerly known as Tavistock Wealth before being purchased by the Titan Wealth Group, manages over £1bn of assets on behalf of retail clients. Our services are based on a combination of traditional values and revolutionary thinking, producing ethical and consistent net returns.

Our growing investment management team based in London are looking to take on a new team member to assist the team in the ongoing management of the centralised investment proposition comprising UCITs regulated funds and model portfolio solutions.

The role

The role is to be Investment Risk Manager for the four businesses which make up the Titan Wealth Asset Management Pillar. These businesses currently have assets under management of circa £8bn, with ambition to grow this to circa £30bn over the next 3-5 years. The role will have responsibility for designing and implementing the processes, oversight, reporting and systems for investment risk management. The four businesses are: Titan Investment Solutions Limited, Square Mile Investment Services Limited, Titan Private Wealth and Titan Alternatives.

Job responsibilities

• Identify, assess, measure, monitor, mitigate and report on market, liquidity, credit, counterparty and sustainability risks across multiple asset classes and investment structures.
• Provide an independent view of investment risk profiles to investment teams, deploying quantitative tools such as factor risk decomposition, scenario simulations and other stress tests. Ensure systems are in place to monitor mandate adherence and identify any breaches.
• Establish and monitor key risk indicators (KRIs) relating to material risks, including investment, market and liquidity.
• Assess the firm’s risk management policies and procedures, as they relate to mandates falling under regulatory regimes, such as UCITS and AIFMD.
• Ensure compliance with COL 5 requirements including but not limited to global exposure and leverage limits.
• Engage in the product development process, review new fund portfolios and advise on suitability challenges.
• Contribute towards the management of and improvement of risk modelling and risk monitoring tools.
• Develop and manage the designated risk profiles’ alignment of portfolio composition.
• Organise and manage formal risk reviews with investment teams.
• Monitor and analyse financial market trends and conditions to identify potential risks.
• Collaborate with other business functions and stakeholders on enterprise projects requiring risk input.
• Prepare and present investment risk reports for senior management and other relevant stakeholders.
• Support the Chief Risk Officer in developing and maintaining an adequate risk management framework and infrastructure that maximises efficiency whilst ensuring completeness and effectiveness.
• Ensure that best practice risk governance is in place and followed and foster a positive risk culture across the firm.
• Maintain up-to-date knowledge of relevant laws, regulations and industry best practices related to investment risk management.
• Assess business risk against the requirements of Consumer Duty to ensure we are meeting its outcomes and prepare appropriate risk reporting to measure the effectiveness of the framework.
• Work with the Research team to ensure that the investible universe for investment is robust and has considered risk from an investment perspective in the process.
• Monitor and analyse the sustainability and climate change policies and procedures in place within the investment teams.
• To carry out any other duties as may reasonably be required.
• Adhere to consumer duty.

Requirements

• Knowledge and experience of developing and managing investment risk frameworks.
• Minimum 8 years’ experience in a similar role with exposure to fixed income and equity asset classes.
• An understanding of the FCA’s risk framework requirements for investment firms.
• A degree in a scientific or numeric subject.
• Post graduate education desired but not required.
• Strong excel skills a requirement.
• Other programming languages desirable.
• Good analytical and written skills – experience of writing policies and procedures would be an advantage.
• Able to work independently and with senior stake holders to deliver multiple projects simultaneously.
• Work with teams across the firm, countries and different risk disciplines.
• Ability to identify issues, propose solutions and follow up their implementation.
• Appropriate attention to detail and a willingness to ‘roll up one’s sleeves’ and prepare reports, spreadsheets as required.

Our employees are talented people, distinguished by excellence. You will be able to demonstrate a willingness to embrace the Company values of:

Professionalism - how we treat our clients and colleagues.

Trust - embrace innovation and adapt to change.

Innovation - dare to create and don't fear failure.

Terms

Competitive salary

Hybrid working

25 days annual leave + public holidays

A range of benefits which includes private medical insurance, Group life insurance, and income protection insurance.

6% employer pension contribution

Further education and training support

Discretionary performance related bonus

Confidential Employee Assistance Programme

2 days per year for voluntary work

“Salary Extras” employee discounts

The Titan Wealth Group is firmly committed to fostering an inclusive and equitable environment for everyone who works with us, regardless of their race, age, gender, sexual orientation, religion, physical ability or disability, or political affiliation. We believe that having a diverse team allows us to create the best possible outcomes for our clients and team members. We strive to provide equal opportunities in all aspects of the workplace with respect to recruitment and career advancement, pay and benefits, training and development opportunities and other job-related activities.