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Nuveen Investments Senior Investment Risk Analyst in Luxembourg City, Luxembourg

COMPANY OVERVIEW:

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, listed equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.nuveen.com

KEY RESPONSIBILITIES AND DUTIES:

Market Risk Sr Associate

The Market Risk Senior Associate supports senior management in the development, implementation and communication of complex market and derivatives risk management policies and processes. Under limited supervision, this job monitors market risk, implements risk management systems and processes, and consults with business unit leadership to ensure proper market risk tolerance limitations are established and upheld within the organization.

Key Responsibilities and Duties

  • Implements complex and significant market and derivatives risk management projects.

  • Monitors and analyzes market risks and derivatives exposures on a short and long term basis.

  • Develops complex market risk quantitative analysis.

  • Designs derivatives risk metrics and tools to help manage, measure and monitor market and derivatives risks.

  • Monitors the establishment of market and derivatives risk tolerance limits in consultation with business unit leadership.

  • Communicates results and analysis of market and derivatives risks to management and key internal stakeholders.

  • Researches and evaluates market risk best practices for related business activities.

Qualifications

  • 3 Years Required; 5 Years Preferred

  • University (Degree), Preferred

Additional Education Requirements

  • Bachelor's Degree

Physical Requirements

  • Physical Requirements: Sedentary Work

Preferred Education

  • University (Degree)

Career Level

7IC

Job Title: Senior Investment Risk Analyst, Nuveen Alternatives Europe

Reporting to: Risk Conducting Officer, Nuveen Alternatives Europe

Department: Risk Management

Location: Luxembourg

The Company

Nuveen is the investment management arm of TIAA. It is one of the largest global asset managers with specialist knowledge across a wide array of asset classes, including fixed income, equities and alternatives. Nuveen is driven not only by the independent investment processes across the firm, but also the insights, risk management, analytics and other tools and resources a truly world-class platform provides. As a global asset manager, our mission is to work in partnership with our clients to create outcome-focused solutions to help them secure their financial future. For more information about the firm please visit our website at www.Nuveen.com

Overview of the role

The Senior Investment Risk Analyst will join the risk team within Nuveen’s Luxembourg AIFM, Nuveen Alternatives Europe S.a. r.l. (NAE). He/she will report to the Risk Conducting Officer and will contribute to the investment risk oversight of different alternative investment capabilities.

Under the supervision of the Risk Conducting Officer, you will support in the design and implementation of NAE investment risk framework covering market, liquidity and counterparty credit risks. You will inter alia:

  • Support in the design and implementation of NAE investment risk framework for new alternative investment capabilities.

  • Ensure completeness and consistency of data across the fund range.

  • Support in building repeatable processes for investment risk reporting purpose.

  • Support in the production of the quarterly risk reports to NAE Board and fund Boards.

  • Contribute to the review, update and maintenance of NAE risk policy, risk procedure and Standard Operating Procedures.

  • Support in the preparation of regulatory risk reports.

  • Ensure ongoing consistency between fund risk profiles and limits set.

  • Organise meetings with fund managers when requested.

  • Highlight emerging risks that can impact fund performances.

  • Provide independent investment risk challenge to investment decisions. Contribute to the implementation of NAE ex-ante investment risk controls prior each investment decision. Participate in Investment Committees when requested.

  • Provide independent investment risk challenge to product development. Carry out risk assessments for new funds or investment strategies and support in the setting up of risk profiles for new funds.

  • Build sustainable relationships with regional investment risk teams, fund managers, product managers and developers, and across the business more broadly.

  • Contribute to build AIFMD investment risk awareness across the business, including regional investment risk teams, fund management and product teams.

  • Escalate risk issues or concerns to the Risk Conducting Officer, and to the business when required.

  • Conduct ongoing regulatory watch, raising relevant points and proposing solutions to the Risk Conducting Officer.

  • Support in the handling of requests from service providers and internal/external audit.

  • Work in close collaboration with more junior staff within NAE risk team on investment risk topics.

  • Carry out other ad-hoc tasks to support daily risk activities as requested.

Experience and technical skills required

  • 5+ years’ experience in an investment risk function within an AIFM or Management Company in Luxembourg.

  • Experience with alternative investment strategies such as real estate, private equity, private credit, infrastructure, farmland; candidates with fixed income experience will also be considered.

  • Strong quantitative skills and understanding of investment risk metrics within the private markets space.

  • Strong understanding of Luxembourg regulatory and governance frameworks, and of risk guidelines set by AIFMD.

  • Deep understanding of derivatives, and their impacts on fund risk profiles.

  • Ability to understand and analyse projected cash flow models from fund managers.

  • Ability to manipulate and reconcile a large set of data.

  • Experience liaising with fund managers, challenging risk profiles and raising risk concerns across a global business.

  • Fluent in English; knowledge of any other European language is an asset.

  • Strong Microsoft Office (Excel, Word, PowerPoint) skills.

  • Experience with Bloomberg.

  • Master’s degree in a quantitative discipline such as quantitative finance, applied mathematics, applied economics, econometrics or physics.

Additional competencies required

  • Strong analytical, interpersonal, communication and presentation skills.

  • Good attention to details.

  • Team player.

  • Able to take initiatives and to work autonomously.

CSSF registration required: No

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