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Senior Risk Officer

Date Posted: Jun 15, 2021

Location: Dublin, IE

Company: MetLife

Job Title: Senior Risk Officer, MetLife Investment Management Europe Limited

Job Location: Dublin

 

Metlife, Inc (“Metlife”) has helped generations of people around the world protect their families and finances. We are one of the world’s leading financial services companies, providing insurance, annuities, employee benefits, and asset management to our individual and institutional customers.

 

MetLife Investment Management (MIM) is a wholly owned subsidiary of MetLife​ and is one of the largest institutional investors and asset managers in the world, with over $650 billion in combined managed assets, and has consistently generated superior returns for both policyholders and shareholders. MIM has more than 900 dedicated professionals with extensive experience and expertise across public and private fixed income and private assets, including real estate. Visit us at www.metlife.com/investments to learn more.

 

MIM has created MetLife Investment Management Europe Limited (“MIM Europe”) to serve its customers in the European Union.

 

MIM Europe will be located in MetLife’s existing Dublin Office, located in the City Centre. This is the Insurance Operational Headquarters for our Western and Central Europe Region; in addition a significant number of our colleagues are focused on supporting our broader EMEA and Global functions. It’s home to our Actuarial, Audit, Compliance, Finance, IT, Legal, Operations, Risk and Treasury Teams.

 

Role Value Proposition: 

The Senior Risk Officer for MIM Europe will report directly to the US-based Head of Portfolio & Risk Analytics. The Portfolio & Risk Analytics team is an independent function within MIM that identifies, monitors and oversees investment risks in institutional client accounts and funds across the MIM platform. The team seeks to enhance the portfolio construction process through ex-ante and ex-post risk report monitoring of aggregated exposures to market risks to ensure that client accounts and funds reflect the intended positioning of the Portfolio Management team and is appropriate for the strategy.

 

The role will hold the regulatory responsibility of the Central Bank of Ireland (“CBI”) PCF 14 – Head of Risk and PCF 39C – Designated Person for Fund Risk Management and will be responsible for leading the risk program for MIM Europe. The successful candidate will ensure that adequate risk management systems, reports and procedures are in place to effectively identify, monitor and manage risks relating to the management of MIM Europe and its client accounts and funds in accordance with the various requirements of the CBI, AIFMD, UCITS and MiFID.

 

The Senior Risk Officer will need to offer credible challenge, escalation of issues and reporting, as appropriate, working closely with the Investments team and functional peers in Risk, Legal, and Internal Audit throughout Europe and the US to implement controls and guidelines while ensuring compliance with global and regional policies, procedures and standards, laws, rules, and regulations.

 

Key Responsibilities:

  • Support the Portfolio & Risk Analytics team’s mission of identifying, measuring and monitoring quantitative portfolio risk measurements to ensure that the Head of Portfolio & Risk Analytics, the CEO of MIM Europe and other senior members of the MIM team are well informed of the risks taken on behalf of clients
  • Generate reports and monitor the risk profiles of each client account and fund to ensure they remain consistent with risk limits and the expected risk profile as per their governing documents; liaise with fund service providers and portfolio management staff to ensure issues are identified and resolved
  • Enhance existing reporting and develop new tools to better understand and communicate portfolio risks
  • Communicate investment risk insights through impactful presentations with members of the risk and investment team
  • Produce the regulatory packs and provide regular reports and analysis to MIM Europe’s CEO and the Board
  • Oversee operational risk to ensure that all applicable risks to the client accounts, funds and the company are identified, monitored and managed, including outsourced services, IT incidents, fraud and customer complaints
  • Develop strong links with the US and UK risk teams to align MIM Europe’s risk culture to the Group’s and to ensure that all Group risk policies and procedures are appropriately adopted
  • Fulfil the regulatory requirements of the roles as defined by the CBI, i.e. PCF 14 and PCF 39C
  • Assist with responses to RFPs for assigned asset classes as needed, and serve as the representative for Portfolio and Risk Analytics in meetings with current and potential clients


Essential Business Experience and Technical Skills:

Required:

  • Minimum of 7 years’ experience in investment markets, preferably with a CBI authorised investment management firm, preferably with strong knowledge of fixed income
  • Knowledge of UCITS, AIFMD and MiFID and the responsibilities of Designated Persons of a Super ManCo
  • Advanced degree in a quantitative subject area
  • Ability to prioritize, manage and execute on multiple projects in a high performance, collaborative environment
  • Ability to build trusted internal relationships, listen to other people and be confident communicating and presenting to the Board and external stakeholders
  • Strong experience in reporting, data analysis and coding in Excel required; experience with Bloomberg and BlackRock Aladdin
  • Attention to detail

Preferred:

  • Experience in multiple fixed income asset classes (public fixed income, private placements and/or real estate)
  • Experience working with colleagues in different countries
  • Experience in VBA, SQL and/or Python a plus


MetLife is proud to be an equal opportunity employer.  We are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce. It is the policy of MetLife to ensure equal employment opportunity without discrimination on any basis protected by law. We welcome applications from candidates of all backgrounds, ethnicities, genders, religions and sexual orientations.  We strive to find the best candidate for all positions and a diverse range of applicants ensures we widen our talent pool in order to achieve this.  Any applicants with disabilities and neurodiverse conditions, please do let us know about your reasonable adjustments to ensure that we can best meet your needs.

MetLife is proud to be an equal opportunity employer.  We are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce.  It is the policy of MetLife to ensure equal employment opportunity without discrimination on any basis protected by law.

In order to apply for this position, you need the proper work authorization to work in the country where the position is located and not require relocation assistance.

For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.

Requisition #: 117395