Investment Risk Director

Role Summary

1. Investment Risk Framework & Governance

• Develop and maintain the firm’s investment risk framework across asset classes (Private Markets, Credit, Real Estate, Structured Products, etc.).
• Define risk appetite statements, portfolio concentration limits, and exposure thresholds.
• Establish risk policies covering underwriting, valuation, impairment, and exit risk.
• Chair or co-chair Investment Risk Committee.

2. Transaction & Deal Risk Assessment

• Independently review investment proposals prior to IC approval.
• Challenge underwriting assumptions (IRR, DSCR, leverage, exit multiples, sensitivities).
• Assess counterparty risk, sponsor quality, covenant strength, and structuring risks.
• Review downside cases and stress scenarios.
• Provide formal written risk opinions to the Investment Committee.

3. Portfolio Risk Monitoring

• Monitor portfolio exposures (sector, geography, sponsor, asset class).
• Develop early warning indicators for deteriorating assets.
• Oversee watchlist process and restructuring risk reviews.
• Assess liquidity risk and funding mismatches.
• Report portfolio risk metrics to management.

4. Market & Liquidity Risk Oversight

• Monitor interest rate, FX, and credit spread exposure.
• Assess macroeconomic impact on portfolio valuations.
• Oversee hedging effectiveness (if applicable).
• Evaluate exit market conditions for private assets.

5. Valuation & Model Risk

• Challenge valuation methodologies (DCF, comparables, NAV models).
• Ensure independent model validation processes.
• Oversee stress testing frameworks.
• Review third-party valuation reports where applicable.

6. Regulatory & Compliance Alignment

• Ensure alignment with local regulatory frameworks.
• Support ICAAP, stress testing, and capital adequacy exercises (if regulated).
• Interface with regulators during reviews and audits.

7. Risk Reporting & Board Engagement

• Prepare quarterly Board risk reports.
• Present risk trends and emerging threats.
• Develop dashboards covering:
• VaR (if applicable)
• Exposure limits
• Concentration ratios
• NPL / impairment trends
• Liquidity metrics

8. Leadership & Team Management

• Lead and mentor investment risk analysts.
• Foster a culture of independent challenge.
• Coordinate with Investment, Treasury, Compliance, and Finance teams.

Experience

• 10–15+ years in Investment Risk, Credit Risk, or Portfolio Risk.
• Experience within:
• Investment Bank
• Asset Manager
• Private Equity platform

• Development Finance Institution

• Sovereign / Institutional platform
• Strong exposure to private markets and illiquid asset risk.

Technical Skills

• Deep understanding of:
• Financial modeling
• Stress testing
• Valuation techniques
• Portfolio analytics
• Structured credit
• Experience reviewing complex term sheets and legal structures.
• Strong Excel / risk analytics capabilities.
• Familiarity with risk systems and reporting tools.

Education

• Bachelor’s degree in Finance, Economics, Mathematics, or Engineering.
• CFA / FRM preferred.
• MBA advantageous.

Personal Attributes

• Independent and strong challenger mindset.
• Commercially aware — not a “box-ticking” risk officer.
• Strong communication skills with Board-level presence.
• High integrity and governance mindset.