Business (Operational) Risk Manager

The Business Risk Management Team identifies, assesses, and monitors the business (operational) risks embedded in the business processes of the institutional investment management (Asset Management of Institutional Clients) business of Vontobel as well as reviews and proposes remediation actions to mitigate risks and strengthen the process resiliencies. The team also supports the business, risk, and control owners, in maintaining an effective Internal Control System.

The duties of this role include Performance, Investment Risk & Analytics for the Quality Growth Boutique, linked with onboarding, client reporting, portfolio management analytics, and client management.

The role is embedded in Vontobel Asset Management Inc. for which this role acts as Risk Manager.

The role requires strong collaboration with internal stakeholders to standardized processes in alignment with defined global processes to improve efficiency, while tailoring for local needs when necessary.

What would your role be?

Manage the Risk Control Processes (RCSA) across functional areas and ensure delivery of requirements timely for reports and deadlines to meet internal and external controls. Run regular and ad-hoc process, risk, and controls assessments reviews. Support 1st line of defense in documenting processes, risks, controls.

• Manage reporting outputs at local management committee meetings.
• Liaise with Zurich based Performance & Risk teams in developing and implementation of aligned risk  controls / reporting requirements in the US regulatory framework.
• Incidents / Issues: Assume ownership for the incident / issue lifecycle management, ensure prompt, accurate and complete incident / issue assessment, escalation and reporting for all operational errors originating in the functional area of responsibility.
• Key Risk Indicator (KRI) reporting: Maintain, update KRIs and provide report to various functional and Legal Entity senior and top management and committees.
• Make smart usage of available technology (incl. Tableau, MySQL) to organize, analyze and display the data.
• Outsourcing: Manage the risk assessments and outsourcing KPIs for the outsourced services within the functional area of responsibility.
• RfPs / DDQ: Provide input for Requests for Proposal (RfPs) and Due Diligence Questionnaires (DDQs) as requested.
• SOC 1 Reporting: Support internal stakeholders in coordinating the SOC 1  Audit including the relevant documentation and sign off procedure as needed.
• Business Continuity Management (BCM): Review and update the annual Business Impact Analysis (BIA) and Business Continuity Strategy, support the BCM testing.
• Operational Excellence: Support the efforts to further simplify and align the business and risk processes.
• Projects / Initiatives: Support Group and Investments / Institutional Client projects and initiatives.

Data Analytics Management – Quality Growth Boutique

• Support and implement the strategic goal of achieving a globally aligned and consistent operating model for Quality Growth performance & risk data management through primary data tools and streamlined output.
• Support custom performance and risk client / consultant data reporting out of FactSet and other critical sources
• Addressing custom requests for analytics on the firm’s strategies, accounts, market data or products not currently in central databases.
• Supporting teams in reporting to client due diligence reports requiring custom data and performance.
• Quality Control management of database sources such as (FactSet, Datalab, Appian, etc.) for data accuracy and consistency.
• Liaise with key internal stakeholders for on-going development and oversight of centralized data sources and support appropriate centralized projects to ensure local needs captured while utilizing internal workflows and supporting business developers.

What are we looking for?

• Industry experience: at least 5-7 years of experience preferably in an asset management or generally in the financial services industry.
• Bachelor’s Degree or equivalent in Finance or related field, CFA a plus
• Stakeholder management experience up to senior management, ability to work cross functional and across locations.
• Knowledge of and relevant Business Risk Management experience with processes across business functions of Asset / Investment Management including Operations, Trading, and Sales activities. Experiences with Outsourcing, SOC-1, RCSA, KRI process.
• Advanced Microsoft Office Suite skills required.
• Prioritization, attention to detail, follow-up, with a sense of urgency and organizational skills are essential.
• Ability to develop and maintain working relations and collaborate effectively with