Investment Risk Analyst

Location
Minneapolis, Minnesota
Salary
Compensation will be commensurate with experience
Posted
22 Sep 2021
Closes
22 Oct 2021
Industry Sector
Asset Management
Employment Type
Full Time
Education
Bachelors

Job Description

Columbia Threadneedle Investments, the global asset management division of Ameriprise Financial, is seeking an Investment Risk Analyst to be based in Minneapolis, MN or Boston, MA. This role assists senior risk managers to measure, monitor, analyze, and manage investment risk across Columbia Threadneedle's collection of funds. This role will provide you the opportunity to develop and improve your technical skills and the chance to be immersed in the investment organization's culture. Are you ready for your next challenge?

We embrace diversity and equip you to reach your potential! We provide employees with competitive compensation and rewards. Our comprehensive benefits support your health and help you balance your career and personal life.

Responsibilities

  • Engage with senior risk managers and the investment teams to understand their investment processes and the underlying investment risks.
  • Review risk reports, communicate findings and raise observations to senior risk managers and business leaders, as needed; research some targeted risk issues as advised.
  • Research and investigate of ad-hoc risk issues as necessary, interacting with the investment team as needed.
  • Assist senior team members to analyze portfolio holdings and risk measures in order to measure, monitor, and manage investment risk; assist in the communication of risk analysis to fund managers.
  • Run processes for gathering fund risk data and generating risk reports for portfolios.
  • Maintain and improve risk data reporting solutions and creation of visualizations/reports to help run the investment risk process.
  • Maintain the integrity and accuracy of the data in the system, work with Technology and Operations to resolve system and portfolio data issues as necessary.

Required Qualifications

  • Degree in a quantitative field such as Finance, Mathematics, Statistics, Computer Science, Engineering, Economics, Mathematics or other relevant area of study
  • Programming/coding experience with Excel VBA, SQL Server/Access databases
  • Knowledge of financial market instruments including options and derivatives
  • Professional and/or educational experience in risk management, investments, and/or finance
  • Excellent analytical capabilities and ability to understand quantitative models
  • Good general understanding of investment management and financial risk management
  • Capable of taking initiative on broader IRM goals to improve departmental capabilities
  • Excellent written and verbal communications
  • Ability to handle several tasks, prioritize effectively, meet goals and deliver high quality, accurate work in a fast-paced environment
  • Ability to maintain good relationship with business partners

Preferred Qualifications

  • While not a requirement, possessing an advanced degree in a quantitative field (economics, mathematics, physical sciences, finance, or statistics) is preferred.
  • Preference will be given to candidates with Master of Financial Mathematics.
  • Achievement of, or progress towards professional designations such as CFA (Chartered Financial Analyst), FRM (Financial Risk Manager), or PRM (Professional Risk Manager) are relevant though not required.
  • Preference will be given to candidates with 2+ years of experience preferably in risk management, investment management, or capital markets.
  • Experience and familiarity with Blackrock Aladdin or other risk systems and Tableau is relevant but not required.
  • Statistical/mathematical programming language such as Python, R, or Matlab is preferred, but not required.

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