AddressDate: Feb 21, 2024
Location: London, United Kingdom, GB
Company: ACA Group
The Opportunity
Responsible for the risk management oversight of a portfolio of clients trading across strategies and asset classes. Contribution to regulatory reporting processes (including Short Selling Regulation, Large Shareholding Reporting, Market Abuse Monitoring, Annex IV). The Risk Officer will be responsible for developing, implementing, and maintaining the clients’ risk management framework. The role requires strong analytical skills, attention to detail, and the ability to communicate effectively with stakeholders at all levels.
What you’ll do:
- Demonstrated professional integrity.
- Dependable, flexible, and adaptable to new ACA initiatives and changing client needs.
- Ability to exercise discretion and make independent judgments on matters of significance.
- Ability to work in a fast-paced small team environment.
- Ability to establish and maintain effective working relationships with colleagues and clients.
- Highly motivated and goal oriented; pro-active in one’s own education and career progression; volunteers for and shows initiative on both internal and external projects and tasks.
- Dedicated to upholding ACA’s high-quality standards and customer service focus.
- Strong organizational and problem-solving skills with attention to detail.
- Strong oral and written communication skills.
- Proficient with Microsoft Office applications and comfortable working in a tech enabled environment.
To qualify for the role you must have:
- Educated to degree level in a related discipline (e.g.: Risk Management, Mathematics, Statistics, Finance, Banking, etc.) or relevant professional qualification (e.g.: Investment Management, Law, Compliance, etc.) also welcome
- At least three years’ relevant experience with a solid understanding of financial instruments, hedge fund strategies and operations
- Proficient with Microsoft Office and Bloomberg
- Proven experience in risk management, preferably in a similar role within the financial services industry Experience with using Power BI would be considered an asset
Skills and attributes for success:
- Risk and operational oversight of clients' portfolio to be performed in accordance with industry
- standards and regulatory principles, (predominantly MiFID and AIFMD).
- Deep understanding of the risk metrics produced by the client firm to enable independent risk management, verification and oversight of the client’s activity.
- Monitoring of client trading activity and investment limits to ensure compliance with risk and investment guidelines and limits including identifying trends, timely escalation of breaches and communication of the ongoing monitoring performed on trading books.
- Internal and external reporting of risk statistics, exposures, controls and regulatory data, ensuring that these tasks are completed within specific deadlines.
- Continuous evaluation of processes and procedures to identify further efficiencies, make recommendations for improvements, and obtain stakeholder buy-in, and implement improvements.
- Perform other ad-hoc work/special projects as necessary
- Prepare and present regular risk reports to senior management and relevant stakeholders, highlighting key risk exposures, trends, and mitigation activities.
- Develop and maintain risk management policies, procedures, and guidelines to ensure consistency and effectiveness in risk management practices.
- Supervision, mentoring and training of junior team members.
What working at ACA offers:
We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. Our Total Rewards package includes medical and dental coverage and 401(k) plans, and a wide range of paid time off options as well as a flexible work environment. You’ll also be granted time off for designated ACA Paid Holidays, Summer Fridays, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being. We also offer unique benefits such as Student Debt Forgiveness and Pet Insurance.
About ACA:
ACA Group is the leading governance, risk, and compliance (GRC) advisor in financial services. We empower our clients to reimagine GRC and protect and grow their business. Our innovative approach integrates consulting, managed services, and our ComplianceAlpha® technology platform with the specialized expertise of former regulators and practitioners and our deep understanding of the global regulatory landscape.
What we commit to:
ACA is firmly committed to a policy of nondiscrimination, which applies to recruiting, hiring, placement, promotions, training, discipline, terminations, layoffs, transfers, leaves of absence, compensation and all other terms and conditions of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.
