Risk Manager

  • Man Group
  • Charlotte, NC, USA
  • 15 May, 2018
Experienced Hires Compliance / Legal Risk Management

Job Description

About Man Group

Man Group is a global active investment management firm, which runs $112.7bn* of client capital in liquid and private markets, managed by investment specialists based around the world. Headquartered in London, the firm has 15 international offices and operates across 25 jurisdictions. Our business has five specialist investment engines, which represent the range of our capabilities: Man AHL, Man Numeric, Man GLG, Man FRM and Man GPM.

These engines house numerous investment teams, working collaboratively within the framework of Man Group, with a high degree of investment autonomy. Each team benefits from the strength and resources of the firm's single operating platform, enabling their primary focus to be seeking to generate alpha for clients. The teams invest across a diverse range of strategies and asset classes with highly specialized approaches, with long only and alternative strategies run on a discretionary and quantitative basis in single and multi-manager formats. Our clients are at the heart of everything we do and we engage in close dialogue with our investors as strategic partners, to understand their particular needs and constraints. Man Group's investment teams are empowered and supported by our institutional infrastructure and technology, which aims to facilitate the most efficient exposure to markets and effective collaboration across the organization.

Through the Man Charitable Trust and sponsorship of the Man Booker Prizes, Man Group is committed to promoting literacy and numeracy on a global scale, and to supporting charitable causes more broadly.

Man Group plc is listed on the London Stock Exchange under the ticker EMG.LN and is a constituent of the FTSE 250 Index. Further information can be found at www.man.com.

*As at 31 March 2018. All investment management and advisory services are offered through the investment "engines" of Man AHL, Man Numeric, Man GLG, Man FRM and Man Global Private Markets (GPM).

Purpose of Role

To work within the First Line of Defense to develop and embed Man Group's risk management framework and promote Operational Risk management across GPM. This includes owning the day to day Operational Risk interface with the business for agreed areas covering functions from the Front Office through to Infrastructure and Corporate teams across the whole of Man Group, including third party service providers and internal/external audit, as necessary.

Specific Responsibilities

-Develop and oversee an operational risk management framework and supporting processes for the Global Private Markets division.

-Implement a verification program across key metrics to ensure that the processes are being followed, supporting documentation is complete, and the operations of the business are performing as designed.

-Develop regular risk reporting of issues, and help solve any shortfalls with procedures as needed.

-Provide leadership to the GPM management team and support staff to ensure a solid risk management program; work collaboratively with other risk professionals at the firm to resolve problems and share best practices.

-Design and implement Key Risk Indicators (KRI's) appropriate to GPM

-Management of the GPM risk management process:

-Manage the Man Systems and Controls process for GPM (SOC1)

-Maintain and update the GPM Risk Control Self-Assessment (RCSA)

-Coordinate with Internal Audit and other control functions

-Participate in various GPM committees

-Ensure that management is aware of issues in a timely and concise fashion

-Ah-hoc duties and project work to support the wider Business Operational Risk team, Head of Business Operational Risk and Business as a whole.