Chief Investment Officer - Market Risk (Associate)

Role

As a Market Risk Associate in the Chief Investment Office and Corporate Treasury (CTC) Risk team, you will support Portfolio Managers to enable risk/return decisions, reduce volatility in operating performance, and ensure transparent market risk reporting to senior management, the Board of Directors, and regulators.

Key Responsibilities

• Develop expertise in fixed income markets and CTC portfolios; produce bespoke analytics for portfolios, pre-trade reviews, and limit updates.
• Monitor daily market risk positions to identify material exposures and concentrations.
• Highlight and present changes in top risks and conduct deep-dive analyses for CTC Risk and senior risk management.
• Synthesize research topics relevant to investment portfolios and analyze macroeconomic impacts on financial projections.
• Evaluate and implement updates to financial models used in market risk management, perform impact assessments, and coordinate implementation timelines.
• Drive efficiencies, process improvements, and participate in technology initiatives.
• Improve risk transparency, methodologies, and reporting by collaborating with quantitative teams (e.g., Quantitative Research, Model Review Group).
• Contribute to CTC Risk standards and best practices; represent CTC Market Risk in cross-functional initiatives and deliver on project timelines.
• Respond to urgent ad-hoc requests from senior risk management.

Requirements

• Minimum 3+ years of experience in risk management and/or fixed income.
• Strong understanding of fixed income markets, particularly rates products (UST, TIPS, STRIPS, interest rate swaps, swaptions, repo, FX swaps, cross-currency basis swaps).
• Knowledge of risk governance and controls, including VaR, stress testing, various return measures, and stress construction.
• Excellent written and verbal communication skills; ability to explain technical concepts to diverse audiences.
• Demonstrated ability to work independently and cross-functionally with strong attention to detail under pressure.
• Willingness and ability to challenge portfolio managers’ positions and support allocation of risk and capital.
• Self-motivated, diligent, accountable, and strong at follow-up.
• Strong technical skills in Excel, VBA, and Bloomberg; ability to learn Python and “vibe coding”; familiarity with core business and risk systems.
• Excellent academic record and an undergraduate degree required; advanced degree in finance or quantitative field, MBA from a top-tier school, or professional qualifications (FRM/CFA/Accountancy) desirable.

Team & Context

Part of Risk Management and Compliance, the role sits within CTC Risk managing the retained portfolio from CIO, Global Treasury, and corporate businesses (pension, insurance programs, mortgage servicing rights). The team collaborates closely with quantitative groups and senior risk governance stakeholders.