Director - Investment Risk | 6 Month Contract | (Inside IR35) | Hybrid, Edinburgh | Starting ASAP
Day Rate: DOE
About this role:
The Bank follows the Three Lines of Defence risk model with the Investment Team as the First Line and the Investment Risk Team as the Second Line; this is a Second Line role, reporting to the Head of Investment Risk. You will provide independent risk assessment of potential investments and the existing investments in the Bank's portfolio through the comprehensive analysis of various investment risks in the investments. The role will ensure that the Investment Risk Team works effectively alongside Investments, Portfolio Management and other teams in the Bank whilst providing independent analysis and effective challenge into the investment decision making and portfolio management processes in the Bank.
Main Duties:
- Undertake independent assessment of potential investments and risk monitoring of the existing investments in the Bank's portfolio from second line of defence perspective, applying professional judgement, commercial knowledge and risk monitoring expertise.
- Give objective independent review and appropriate challenge to ensure investment risks, both in the potential investments and in the existing investments in the Bank's portfolio, are correctly identified, assessed, mitigated, decisioned, monitored and reported.
- Provide and present independent assessment of investment risks in potential investments to Investment Committees and other key stakeholders. Provide inputs to the Investment Team in the preparation of the investment team's papers for Investment Committee submissions.
- Assist the Head of Investment Risk in developing and enhancing investment risk policies, frameworks & processes. Implementation of credit and equity risk modelling processes and the associated risk reporting workflows.
- Create, present, and communicate high-impact data and analytical insights, providing risk reports, risk insights and make recommendations to key internal and external stakeholders as required.
- Take a highly proactive interest in all areas of the Bank's investment activity and endeavour to provide subject matter expertise in risk management where required.
Essential Skills & Experience:
- A senior risk professional with significant experience in investment risk or credit risk within a financial service regulated environment and preferably in sectors relevant to the Bank's missions.
- Good experience in risk management in private equity, venture capital, private debt or commercial lending highly desirable.
- Proven experience in modelling and reviewing all aspects of Investment Risks from an investment appraisal, investments monitoring and portfolio management perspective. Wider experience of risk assessment for equity, debt and fund investments. Experience in corporate credit analysis, equity risk, debt structuring, specialised finance risk assessment and distressed investment recovery would also be advantageous.
- Technical, problem-solving and decision-making skills, with the ability to analyse complex information to identify key issues/actions and drive resolution.
- An appreciation of the specific challenges faced by organisations working at the interface between the public and private sectors. Good knowledge of the regulatory requirements relating to UK financial services institutions and the operations of the Bank.
- Professional qualifications (FRM, CFA or similar) highly desirable.
This role has been deemed Inside IR35 by the client. Applicants must hold, or be happy to apply for, a valid Basic Disclosure Scotland. Please click the link to apply.
