ROLE DESCRIPTION AND PURPOSE
The Delegated Solutions team combines our expertise in open
architecture, and comprises qualitative and quantitative research, risk due
diligence and sub-advisory. Over the past years, we have demonstrated our skill
in selecting third party investment funds for our clients, and we have created
BNPP AM’s dedicated sub-advisory platform - AMSelect, to bring this expertise
to our clients in a profitable way. The Delegated Solutions team strengthen our
ability to create value for our clients, BNPP AM and BNPP Group.
The Risk Due Diligence Team is a key, independent function, which operates separately to the Delegated Solutions team in order to control our manager selection process. Our Risk Due Diligence team analyses and assesses all the operational risks within a firm. This analysis aims to gain a clear picture of a firm's culture and policies, evaluating risks related to trading, operations and compliance systems, human resource policies and infrastructure.
KEY RESPONSIBILITIES
Team Activity:
· Risk and Operational Due Diligence on the funds and
firms selected by the Research Analysts
Contribution to the Due Diligence process on external funds and managers including:
· Structural, legal and operational analysis of the
targeted Investment Management firm
· Analytical review of the internal processes, corporate
and legal structures, tools etc. (Corporate governance, trade process, profitability
and compliance)
· Market practices in the Asset Management industry
· Analysis of the greenwashing risks
· Analysis of consistency and compliance of the
investment strategy deployed by the managers (instruments traded, leverage, liquidity,
portfolio diversification)
· Scheduling, preparation and involvement in the
Investment Management firm visits
· Contribution to the evolution/improvement of the
ranking criteria’s and ranking tools
· Compiling and writing the Risk Due Diligence reports
· Presentation of the Due Diligence findings during the
monthly short list committee
· Participating to the follow-up/monitoring of the delegated funds and the review of the existing Due Diligence
Contribution to the improvement of the Risk Management and Risk Monitoring tools:
· Quantitative risk monitoring tools, stress testing etc.
· Passive monitoring of the market risks and impacts on the various FQA
· Monitoring of the regulatory environment and operational risk issues that may arise on the suggested funds
ROLE REQUIREMENTS
ESSENTIAL SKILLS/COMPETENCIES
· Strong knowledge of financial instruments
· Knowledge of the collective investment schemes structure
· Understanding of the various investment strategies applicable to different asset classes
· Analytical ability to understand Company balance sheets
· Able to respond to situations using rational decision-making, problem-solving, and conflict resolution skills.
· Autonomous and pro-active
· Team player
· Rigorous and accurate
· Great writing skills
· Strong written and verbal communication skills, with ability to articulate views clearly to Portfolio Managers and Management
Specific other role requirements:
· Fluency in written and spoken English language
CONDUCT
· Be a role model, supporting and fostering a culture of good conduct
· Demonstrate proactivity, transparency and accountability for identifying and managing conduct risks
· Consider the implications of your actions on colleagues, partners and clients before making decisions and escalate issues to your manager when unsure
ESSENTIAL QUALIFICATIONS & EXPERIENCE
The
successful candidate will have extensive demonstrable skills and experiences
including the following:
- Bachelor Degree/BSc Degree, business school or equivalent in Mathematics, Statistics, Engineering or related discipline
- Significant investment industry experience, specifically in Risk
· Experience in audit and/or risk in an Asset Management environment is advantageous
- Good knowledge of the following tools: Pack Office, VBA and Bloomberg; Microsoft Office capabilities, specifically PowerPoint and Excel
