Vice President, Risk Management
Variant Investments, LLC is an asset manager that manages two alternative income funds with approximately $3.0 billion in AUM. Both funds target investments in niche private credit opportunities and one has an impact investing mandate. The firm is headquartered in Portland, Oregon with remote employees in New York, Greenwich, Chicago, Boston and Charleston.
Variant is looking for a resourceful candidate for a position as a Vice President in Risk Management. In this role, the person will be responsible for managing the risk management programs of the funds, with a particular focus on liquidity risk management. The specific responsibilities are detailed below.
Responsibilities
- Direct the firm’s liquidity risk management program.
- Manage the firm’s daily cash forecasting tool.
- Oversee the build of a new tool for modeling the liquidity profiles of individual investments.
- Provide scenarios analysis and stress tests for both portfolio liquidity and investment loss.
- Identify and assess portfolio level risks across investments.
- Enhance the firm’s deal-level risk assessment process, creating common frameworks for comparison across investments
- Lead enhancements to the firm’s assessment of foreign country risks.
- Direct the effort to build a new asset class and sub-asset class schema.
- Establish risk constraints and monitor for compliance.
- Identify and implement risk mitigation strategies.
- Develop risk reporting tools for a variety of audiences and purposes.
- Manage performance attribution tools for the funds.
- Assist the Investor Relations team in answering risk-related questions from clients and prospects.
- Reporting out to various internal and external stakeholders on risk management matters.
- Participate in the firm’s Investment Committee, leading discussions on liquidity and risk management.
- Serve as a voting member on the firm’s Valuation Committee
- Work with the team’s investment data task force to ensure data integrity and lead structure and process improvements.
Job Requirements
- Minimum bachelor’s degree
- At least 5 years of relevant work history
- Preference for candidates with experience in private credit and structured finance
- High level of expertise with Excel
- Experience or aptitude in Powerbi and Salesforce.
- Experience with database management, structuring and reporting tools
- Candidate must be detail oriented with strong quantitative and modeling skills
- Ability to act independently in a leadership role
- Strong written and oral communication skills
- Ability to analyze situations in a time-sensitive manner and execute appropriate responses
- Comfortable operating in an entrepreneurial environment
Variant provides a competitive base salary with an annual bonus and other monetary rewards corresponding with the firm’s growth. The firm covers 100% of health benefits and offers a 401k program with a company match. If interested, please send resume to jobs@variantinvestments.com.
