Analyst, Risk Management

Conning is a leading global investment management firm with a long history of serving the insurance industry.

We develop customized investment strategies that address our clients' unique objectives, requirements and tolerance for risk. We develop solutions by leveraging Conning's risk management tools and utilizing a highly disciplined investment process that relies on fundamental analysis.

Position Summary

The Risk Management Analyst provides first‑line analytical support across Conning's global risk framework, splitting focus evenly among operational‑risk control testing, investment‑risk analytics, and enterprise risk reporting. In this hybrid role you will (1) execute key control tests and incident tracking that underpin the Firm's operational‑risk program, (2) Run Market Risk analytics stress‑test, and exposure analyses on discretionary portfolios to inform investment‑risk oversight, and (3) serve as the data conduit between Conning, its subsidiaries, and the parent company-aggregating risk metrics, validating data integrity, and producing timely dashboards and Board‑level reports. Success in the position requires rigorous quantitative skills, meticulous attention to detail, and the ability to translate complex risk data into clear, actionable insights for senior stakeholders worldwide.

Responsibilities

Risk Data Aggregation & Report Production

• Consolidate risk data from Conning's global subsidiaries and affiliates to create Board, ERM‑Committee, and parent‑company dashboards and heat‑maps
• Maintain the central repository of risk policies, registers, KRIs, and governance artefacts; track remediation action items end‑to‑end.
• Assist the Third‑Party Risk‑Management program: collect vendor due‑diligence questionnaires, update KRI dashboards, and escalate issues

Investment Risk Analytics Support

• Run stress tests and scenario shocks across discretionary portfolios using Bloomberg, MSCI, or Aladdin risk engines.
• Reconcile model outputs to benchmark figures; investigate variances and draft summary notes for senior analysts.
• Assist in documenting model assumptions, version control, and evidence files needed for periodic validations.

Operational‑Risk Control Testing & Incident Tracking

• Update the enterprise risk register with new events; log likelihood/impact scores and control owners.
• Track loss/incident data and produce monthly operational‑risk metrics and trend analysis for senior management
• Coordinate SOC 1 and other regulatory‑exam evidence requests and client due‑diligence responses, logging control gaps and follow‑up

Process Automation & Continuous Improvement

• Build or enhance Tableau/Power BI views and simple Python/R scripts to reduce manual reporting effort.
• Recommend small process tweaks (SOPs, checklists) that speed turnaround without changing governance design.

Requirements

Bachelor's degree in Finance, Mathematics, Engineering, or another quantitative field.

0‑2 years' experience in risk, portfolio analytics, or audit.

Working knowledge of Bloomberg, MSCI RiskManager, Aladdin, or similar platforms (preferred).

Familiarity with BI/visualization tools (Tableau, Power BI) and basic Python/R SQL scripting.

Strong attention to detail, organization, and written communication.

Proven analytical and problem‑solving aptitude; comfortable juggling multiple deadlines in a global setting.

Decision Making Level/Position Latitude

Authority: Primarily execution‑focused. Makes routine decisions on data validation, report formatting, and scheduling tasks. Material risk conclusions, methodology changes, or policy exceptions must be escalated to the VP or Director of Risk.

Controls & Oversight: Works from established procedures, risk policies, and report templates. Receives day‑to‑day guidance from a Senior Analyst/VP; weekly review of deliverables and priorities. Errors may lead to inaccurate risk metrics in management packs; therefore, all outputs undergo peer review and spot‑checks before release. Impact of Errors: Data mis‑classification or incorrect stress‑test parameters could distort portfolio risk figures and misinform investment committees. Prompt escalation and a documented remediation process help contain financial and reputational exposure.

Conning is an equal opportunity employer. Our company embraces the principles of and inclusion; our employees can bring the best version of themselves to work every day. We thrive in an environment where everyone's voice is heard, every idea counts, and the differences of our employees are valued. We provide reasonable accommodations to those who need them.

If you are unable to complete this application due to a disability, contact us to ask for an accommodation or an alternative application process.

We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class.

Applicants must exhibit a strong commitment to meet compliance obligations reflecting Conning's core values of honesty and integrity; must accept responsibility for compliance in each role and comply with all applicable rules, regulations, and legal requirements.