Risk Manager

Risk Manager - Investment Risk for Global Alternative Strategies

**Join us. Let's care for tomorrow.**

At Allianz Capital Partners our people enjoy motivating, fulfilling careers. If you are looking for a fast-paced working environment, you are resolved to cultivate and expand your talents and relish a challenge, then join us now We are committed to giving our people - experienced and energetic professionals alike - the opportunities and experiences they seek to thrive and gain personal fulfilment. We will work with you to craft your own career, develop your personal growth, and align your achievements with your ambitions.

**Join us. Let's care for tomorrow.**

At Allianz Capital Partners our people enjoy motivating, fulfilling careers. If you are looking for a fast-paced working environment, you are resolved to cultivate and expand your talents and relish a challenge, then join us now We are committed to giving our people - experienced and energetic professionals alike - the opportunities and experiences they seek to thrive and gain personal fulfilment. We will work with you to craft your own career, develop your personal growth, and align your achievements with your ambitions.

**Job Purpose/Role**

We are hiring a forward-thinking and results-oriented Risk Manager with expertise in illiquid alternatives to join our team and work with various Portfolio Management teams across different Private Markets investment strategies in Europe, the US and Asia. The position will be based in our Luxembourg office, where the Risk Manager will have primary responsibility for investment risk for select illiquid strategies globally, and particularly Luxembourg-domiciled Alternative Investment Funds. The Risk Manager will report to the Head of Private Markets Risk.

**What you do**
- Provide investment risk coverage for European, US and other global strategies, vehicles and investments (including, Luxembourg-domiciled AIFs)
- Undertake internal credit ratings/rating validations for new private debt transactions
- Conduct regular reviews of existing internal ratings
- Perform stress-testing and portfolio risk monitoring activities
- Prepare risk reports for select illiquid portfolios and presentations for senior management and external investors
- Conducting risk assessments of investment proposals and provide an independent 2nd vote in investment committees for investments in Europe, US and Asia
- Assess portfolio risk along various dimensions of risk, including concentration risk, liquidity risk, sustainability risk, etc.
- Support the build-out of the private markets platform by providing analysis and advice to management and by further enhancing the oversight framework on an ongoing basis
- Maintain effective and cooperative communication with all relevant investment, middle and back-office teams
- Keep abreast of overall market developments in relevant asset classes using internal and external networks
- Serve as expert resource for inquiries from clients, distributions, legal and compliance teams on risk profile and overall characteristics of covered strategies
- Support ad-hoc projects and initiatives as required to support the evolving risk oversight framework

**What you bring**
- Master's degree in business, economics, law, math (or other quantitative discipline) with a strong finance orientation, or information technology.
- Experience as credit or rating analyst in a bank, rating agency, or other financial institution with a focus on investment risk management would be a strong advantage
- Some credit analysis experience in infrastructure or energy sectors, a plus
- CFA, CAIA, FRM or a similar designation is an advantage
- Experience with any of the following are considered an asset: assessing ESG and climate change factors, using risk systems (e.g. MSCI Risk Metrics) and financial modelling
- Excellent verbal and written communication skills to successfully explain complex financial topics, as well as a highly proactive client service focus
- Ability to work independently, think out-of-the-box, and provide analysis and recommendations with credibility and confidence
- Experience with reporting and related tools (e.g. Microsoft BI)

**What we offer**
- Flexible working from home and abroad according to internal guidelines (hybrid model/ flexible working hours/cross-border remote work)
- Company pension plan with death and disability insurance and employee contribution scheme
- Company share purchasing plan
- Mental health and wellbeing programs
- Career opportunities within the entire Allianz Group
- Self-guided learning & development
- ... and so much more

**About Allianz Global Investors**

Allianz Global Investors is a leading global active asset manager.

We invest for the long term and want to create value for clients every step of the way. We do this by being active - in how we partner with clients and anticipate their needs, and build solutions based on capabilities across public and private marke