Senior Market Risk Manager, Manco

FundRock is a Pan-European leading independent UCITS management company and AIFM (Alternative Investment Fund Manager). Our clients are established blue-chip companies and leaders in their domestic market.
We invest in our people, enabling you to develop your skills and build on your experience.
If you like the idea of working for an ambitious and growing company, as part of a multicultural team, we are the place for you.

Description

FundRock Management Company (Manco) is a Collective Investment Schemes (CIS) hosting platform for both hedge funds and unit trusts.

The successful Risk candidate will form part of the risk management team within the Manco, where the role forms an integral part in fulfilling risk monitoring and reporting requirements.

Job specification
 

Key responsibilities:

• Support the Head of Risk for the Manco and Risk team in order to deliver and report on various Manco requirements, providing training as may be required.
• Liaison and point of contact on risk and mandate related queries with Investment Managers and Compliance.
• Ensure all day-to-day risk tasks and breach management issues are attended to timeously within client SLA timelines.
• Engage with internal teams (such as Fund Accounting, Investor Services, Custody, Risk and Compliance) as well as external counterparties (such as prime brokers, Trustee, custodians and investment managers) in a professional and collaborative manner.

• Manage outsourced relationships.
• Act as point of escalation for risk issues.

• Continual review and development of risk mitigating controls, procedures and policies.

• Liaison with industry bodies such as ASISA on technical matters as required.

• Report back and attend the FundRock Manco Risk & Compliance Committee as required.
• Engaging with internal teams (such as Fund Accounting, Investor Services, Custody) as well as external counterparties (such as prime brokers, Trustee, custodians, LISPs, investment managers and the FSCA) in a professional and collaborative manner.

• Resolve errors and queries timeously through engagement with various parties.
• Engaging with the Compliance team on various issues impacting the Manco.
• Continual enhancement of CIS knowledge.

• Deliver on Risk reporting requirements such as Monthly and Quarterly risk report distribution to FSCA and investors in a timely manner.
• Reconcile data between accounting system and risk system.
• Verification of both regulatory and mandate compliance breaches
• Review of administrator NAV reporting for various funds
• Review of Minimum Disclosure Documents/ Fund fact sheets
• Fulfilling various regular and ad-hoc Manco operational tasks.
• Manage risk team members (directly or indirectly) and provide guidance as may be required.

Skills and experience required

• An accounting or business degree (minimum B.Comm or equivalent)
• Qualifications with specialization in accounting or investment management preferred. Other qualifications such as CFA, CAIA, FRM would be an advantage.
• 4-6 years relevant industry experience
• Experience in previous Fund Accounting preferable.
• Experience in the Collective Investment Scheme (CIS) industry with a deep understanding of requirements.
• Strong knowledge of quantitative analysis and calculation of various risk measures.
• Excellent Microsoft Excel skills and ability to interrogate and sort data essential.
• Detail oriented and able to identify shortcomings in processes and procedures.
• Strong communications skills to engage at all levels and develop internal and external business relationships.
• Problem solving. Quickly understand business issues and data challenges to develop a solution.
• Confident, positive, self-motivated individual and able to work under pressure.
• Experience in managing a team and nurturing the talents of the people in the team.
• Be a team player.
• Need to remain calm under pressure and to act with urgency on pressing matters

As a vital team member and in return for your expertise, inclusive approach and commitment, we'll provide a favourable salary and the chance to join a passionate and welcoming team. Benefits As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct souring model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.