Senior Investment Risk Manager – Nest Invest

Senior Investment Risk Manager – Nest Invest

Nest Invest

Canary Wharf, London (with hybrid working)

Nest Invest is on an ambitious journey to become one of the world’s largest asset owners. With c.£50 billion in assets under management today, we’re on track to more than double that figure by the end of the decade. This rapid growth brings exciting opportunities and increasing operational complexity. As our portfolio expands and we engage with a broader network of external managers, operational excellence becomes more critical than ever.

The role

This is a newly created role as Senior Investment Risk Manager, to own the production of performance and risk analysis for all asset classes and the overall member portfolios. The incumbent will provide independent collaborative challenge, highlighting areas of market risk concentrations and sources of returns, while affording quantitative support to the investment process. This includes embedding the Nest Invest Risk Management Framework, providing objective oversight and challenge, and enabling risk-informed decision-making aligned to Nest Invest’s strategic objectives.

The person

The successful candidate will be an experienced and hands on Senior Investment Risk Manager with:

• Experience covering both private and public market investments.
• Knowledge of risk modelling techniques for multi-asset portfolios (e.g. Aladdin).
• Knowledge of performance and attribution calculations for multi-asset portfolios.
• Good understanding of investment accounting and investment data, including accounting systems.
• Good systems and technical experience, programming capabilities desirable.

We are looking for someone who is able to think intuitively and autonomously. Possesses strong influencing skills to engage effectively with others, providing direction and challenge where required and an ability to build and maintain relationships.

Organisational Overview

Nest is an award-winning workplace pension scheme, the largest in the country.

Set up by the government to give every worker in the UK somewhere to save, our first-class responsible investment practice and governance are the backbone of what we do, supported by all the functions you’d expect to find in a thriving business. We’re committed to creating a workplace where you can be your authentic self and offer an inclusive and flexible working environment.

To apply or for an informal discussion, please contact John Rainsbury: [email protected]

Directorate/Department Overview

The Investment directorate (Nest Invest) is responsible for investing members’ contributions in order to grow their retirement pots over the long-term. The responsibilities of the team include:

• Asset allocation and portfolio risk management
• Manager selection and monitoring
• Responsible investment
• Investment communications
• Fund administration
• Investment technology and financial modelling
• Contributing to the development of the investment proposition

From December 2019, the Nest Investment team was seconded into Nest Invest Ltd (Nest Invest), the investment subsidiary of Nest Corporation.

Nest Invest is authorised and regulated by the Financial Conduct Authority (FCA). For the role holder, this means working in a regulated entity, and being required to adhere to certain rules and behaviours included in the FCA’s Code of Conduct (COCON), specifically the individual Conduct Rules defined by the FCA.

Flexible and agile working

Everyone's personal situation is different.

To make the most out of hybrid working, we've introduced different ways of working, which include (subject to role requirements):

• hybrid of office (Canary Wharf, London) and home working (there will be an expectation to attend the office, once - twice a week, or more, as required)
• reduce or vary working hours
• reduce or vary the days worked
• work compressed hours
• job share

Diversity, Equity and Inclusion

Everyone is welcome to apply for our roles and we particularly encourage applications from Black, Asian and minority ethnicity, LGBTQ+, and disabled candidates.

Everyone is welcome to apply for our roles, and we are determined to ensure that no applicant or employee receives less favourable treatment because of their age, belief, disability, gender identity, marital status, national origin, pregnancy or caring responsibilities, socio economic background, sex, sexual orientation, religion or race or any other legally protected status.

We also recognise the importance of diversity of thought and other forms of neurocognitive variation.

As a Level 2 Disability Confident organisation, we’re part of the guaranteed interview scheme. This means should you meet the minimum criteria for this role, you will automatically be put forward for an interview.

Please note that this advert may close early if we receive a sufficient number of satisfactory applications.