Senior Investment Risk Manager

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Location: London - Lombard Street Office

Workplace Type: Hybrid

Employment Type: Permanent

Seniority: Mid-Senior Level

The Senior Investment Risk Manager sits within the Investment Risk & Insights team, part of the Investment Directorate, and plays a key role in delivering independent investment risk oversight for SJP Unit Trust Group (UTG), one of the UK's largest UK-domiciled AFMs. Operating as a 1.5 line‑of‑defence function, the team acts as a proactive challenge partner to Investment teams while providing critical investment risk insight, oversight and escalation to senior stakeholders, governance committees, and ExCo/Board.

This role applies deep technical investment risk expertise across a broad range of asset classes and delegated investment structures, supporting the Head of Investment Risk and strengthening SJP's overall investment risk framework and governance.

• Support the Head of Investment Risk in delivering effective investment risk oversight across SJP funds and delegated managers.
• Identify, monitor and assess key investment risks (including market, liquidity and counter party risk) across funds, portfolios and strategies.
• Oversee delegated investment managers, ensuring adherence to SJP investment guidelines, risk frameworks and regulatory requirements, including regular due diligence and portfolio reviews.
• Produce high‑quality investment risk reporting, analysis and insight for senior stakeholders, including CIO, CRO, Investment Committees and governance forums.
• Act as a constructive challenge partner to Investment teams, providing informed risk advice aligned to SJP's risk appetite.
• Apply advanced risk tools and analytics (e.g. Bloomberg PORT/LQA, Aladdin or equivalent) across equities, fixed income, multi‑asset, alternatives and private markets.
• Review and quality‑assure work produced by less experienced team members, providing technical guidance and mentoring.
• Support new product development by assessing investment risk, liquidity and regulatory considerations within the AFM framework.

We are looking for an experienced investment risk professional with strong technical capability, sound judgement and the confidence to engage credibly with senior investment stakeholders. The ideal candidate will bring deep cross‑asset investment risk experience within a delegated management and AFM environment, combined with a collaborative mindset and the ability to act as a trusted challenge partner. You will be comfortable operating in a highly regulated environment, influencing decision‑making through clear analysis and insight, and contributing to the development of both people and processes within Investment Risk.

• Extensive experience in investment risk management, including market, liquidity and derivatives risk, within an asset management or AFM environment.
• Strong working knowledge of multiple asset classes within a delegated investment framework, including third‑party managed segregated accounts.
• In‑depth understanding of UCITS investment risk requirements, including liquidity risk management for daily‑dealing funds.
• Proven experience using sophisticated multi‑factor investment risk tools (e.g. Bloomberg PORT/LQA/MARS, Aladdin, MSCI Barra, Axioma or similar).
• Broad cross‑asset expertise spanning equities, fixed income and alternative investments, with experience conducting investment risk due diligence on external managers.

• Experience with multi‑asset portfolio construction and risk management within multi‑manager structures.
• Knowledge of portfolio protection strategies (e.g. tail hedging, CTAs,…