Western Asset

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Risk Analyst - Risk Information Group

Risk Analyst - Risk Information Group

Location 
US-CA-Pasadena
Category 
Analytics & Risk Management

Opportunity Details

Overview

The Risk Analyst supports the firm’s risk management efforts in the production and development of analyses and reports that assist the risk, portfolio management, and client service staff in assessing security and portfolio risk, as well as attribution of ex post performance results.  The individual will support and maintain regular production processes that create and validate quantitative metrics and reports used by the firm and assist in the development, configuration, administration of the systems used to produce these metrics.

Producing these quantitative analyses and reports requires a keen understanding of the fixed income markets and portfolio construction as well as strong quantitative and basic programming skills. The Risk Analyst will be responsible for a mix of tasks – ensuring that the analyses are run accurately and timely (Production) as well as the development and enhancement of risk and attribution production reports and processes.

Along with the specified responsibilities and competencies, we are looking for an individual who possesses a positive, action-oriented attitude and understands the importance of taking initiative within a team environment.  The optimal candidate has an interest in a career in quantitative investment risk management and has demonstrated an interest in following the financial markets

Responsibilities

  • Production of Security Analytics, Risk & Attribution Analyses and Reports that assist Risk, Portfolio Management & Client Service in assessing portfolio and security risk and performance (75%)

                Ensure timely and accurate creation of analyses/reports on a daily basis

                Perform quality assurance on analysis results

                Thoroughly investigate and diagnose issues

                Follow up with data owners, developers, modelers and risk managers to resolve issues in a timely fashion

                Explain results including sources of performance and risk to various constituencies including portfolio managers, risk managers and client service executives

                Identify opportunities to enhance the accuracy, efficiency and scalability of analyses and participate in the implementation of automated solutions

                Administer, configure and maintain commercial and internal Risk and Attribution systems and model settings that drive production and analytical results

                Work closely with other divisions of the firm including Portfolio Management, Client Service and Risk Management to accurately and efficiently disseminate and explain results

  • Work with Information Technology and Quant team to develop and improve the team’s production engine(s) that produce risk, attribution, and reports (25%)

                Analyze, specify and test enhancements to data, models and process

                Work with Quantitative Analytics & Risk Modeling (QARM) team to support development and testing of models

                Create custom reports using Excel, SQL and/or SAS

                Modify production analysis settings and code as necessary to address issues

                Coordinate with Data Integrity teams to understand and source necessary data for risk analysis

Qualifications

  • Master’s degree in financial engineering, computational finance, or a quantitative field
  • 3 years of experience working in a relevant analytical capacity for a Financial firm (Attribution, Risk or Portfolio analysis)