Itau
Fiduciary Risk Manager | Miami
Itau, Miami, FL
The Risk Manager controls market, liquidity, and portfolio compliance risks of IUAM funds and products, provides operational and risk due diligence for new third-party target funds, and assists the Asset Management on issues relating to improvements in processes aimed at lowering fiduciary risk and enhancing controls of the investment process.
Duties & Responsibilities
Assess market, liquidity, and portfolio compliance risk for all IUAM funds and products
Utilize current systems and propose new solutions to minimize risks
Interpret feedback from headquarters on risk management and portfolio compliance issues
Propose methodologies, budgets, limits, and solutions related to identification, evaluation, measurement, management and control of market, liquidity, and portfolio compliance
Generate and compile reports and presentations related to risk
Provide operational and risk due diligence for new mutual funds, hedge funds and private equity funds
Monitor, analyze, and review trading and portfolio activity to ensure continuous compliance with client, regulatory, and internal business guidelines, and rules
Conduct independent testing for potential risk, regulatory, and compliance issues; produce appropriate reporting to portfolio management and senior management
Support the development, implementation, and ongoing maintenance of portfolio management rules to ensure continuous compliance of all accounts and funds
Ensure the following activities are performed and any breaches analyzed and logged: pricing methodology of assets in IUAM funds and products, investment compliance, analysis of performance attribution and performance fee, analysis of market, liquidity, and portfolio compliance risks of funds and products
Compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules and regulations, as well as Itau's related policies and procedures.
Qualifications
Bachelor's degree in business administration or related field.
Minimum 5 years of experience in Risk Management with demonstrated success preferably in the financial services industry
Solid knowledge of MS Office and Windows-based computer applications
In-depth knowledge of equities and fixed income instruments, fund of funds, derivatives, and pricing models
In-depth knowledge of Portfolio Management and Investment Products, especially hedge funds, private equities, and mutual funds
Experience with both U.S. and non-U.S. investment fund regulations (i.e., '40 Act and UCITs rules)
Strong leadership skills
Demonstrated ability to work cooperatively with multiple constituencies in diverse geographical jurisdictions
Superior oral and written communications skills
Demonstrated ability to manage multiple projects simultaneously with a high degree of efficiency
Strong problem-solving skills with the ability to exercise mature judgment
Fluency in English
Fluency in Portuguese is desirable
Duties & Responsibilities
Assess market, liquidity, and portfolio compliance risk for all IUAM funds and products
Utilize current systems and propose new solutions to minimize risks
Interpret feedback from headquarters on risk management and portfolio compliance issues
Propose methodologies, budgets, limits, and solutions related to identification, evaluation, measurement, management and control of market, liquidity, and portfolio compliance
Generate and compile reports and presentations related to risk
Provide operational and risk due diligence for new mutual funds, hedge funds and private equity funds
Monitor, analyze, and review trading and portfolio activity to ensure continuous compliance with client, regulatory, and internal business guidelines, and rules
Conduct independent testing for potential risk, regulatory, and compliance issues; produce appropriate reporting to portfolio management and senior management
Support the development, implementation, and ongoing maintenance of portfolio management rules to ensure continuous compliance of all accounts and funds
Ensure the following activities are performed and any breaches analyzed and logged: pricing methodology of assets in IUAM funds and products, investment compliance, analysis of performance attribution and performance fee, analysis of market, liquidity, and portfolio compliance risks of funds and products
Compliance with Anti-Money Laundering and Bank Secrecy Act related principles, laws, rules and regulations, as well as Itau's related policies and procedures.
Qualifications
Bachelor's degree in business administration or related field.
Minimum 5 years of experience in Risk Management with demonstrated success preferably in the financial services industry
Solid knowledge of MS Office and Windows-based computer applications
In-depth knowledge of equities and fixed income instruments, fund of funds, derivatives, and pricing models
In-depth knowledge of Portfolio Management and Investment Products, especially hedge funds, private equities, and mutual funds
Experience with both U.S. and non-U.S. investment fund regulations (i.e., '40 Act and UCITs rules)
Strong leadership skills
Demonstrated ability to work cooperatively with multiple constituencies in diverse geographical jurisdictions
Superior oral and written communications skills
Demonstrated ability to manage multiple projects simultaneously with a high degree of efficiency
Strong problem-solving skills with the ability to exercise mature judgment
Fluency in English
Fluency in Portuguese is desirable