Senior Risk Analyst on Asset Management Activities

Within the Group CRO function, we are looking for a talented and proactive resource to join the Group Risk Operating Framework (Group ROF) Unit, whose main mission will be the setting-up of specific controls on AM activities. Key responsibilities of the role will include: * Conceive and develop a dedicated framework aiming at monitoring the overall performance of Group asset managers, including the tracking on the evolution of the assets under management and the performance of the underlying funds * Structure the analyses to be performed through the identification of the relevant Key Performance Indicators (KPIs) to be monitored at fund level, e.g. YTM, TR, etc. depending on the specific asset classes being considered * Resort to market best-practices and techniques in setting-up performance attribution analyses and benchmarking against indexes and/or alternative investment opportunities * Liaise with the relevant stakeholders inside and outside the Group CRO function to gather the necessary information needed for the setting-up of the entire framework * Understand the implications on the Insurance portfolios to which funds have been allocated and develop the subsequent impact analyses in terms of P&L, etc * Take responsibility for the automation of the entire monitoring, including the tracking of the historical performances and analyses performed. * Conceive and automate the reporting to Senior Management and/or to relevant Administrative Management or Supervisory Boards Furthermore, the candidate would work in connection with other Team members to the following enhancement of the Investment Risk framework: * Map the AuM managed by Group AM Companies, distinguishing between Generali Portfolios (Own, Shared, Customer Risk) and Third-Party * Take part to the definition of appropriate risk-adjusted KPIs, considering the risk indicators adopted to monitor investment risks within the Insurance Portfolios * Contribute to the enhancement of the monitoring and reporting of the riskier asset classes, such as Private Debt, Private and Infrastructure Equity * Follow-up on effective performance / distribution of specific investment initiatives vs approved proposals Our ideal candidate will meet the following requirements: * Bachelor degree in Economics, Finance or Quantitative disciplines * At least 7-10 years of relevant working experience in asset management and/or in financial institutions, preferably in Investments and/or Risk Management (or other similar experience, e.g. Business Consulting) * Understanding of Asset Management industry practices and regulation, of financial markets and related risks (market, credit, counterparty, liquidity, sustainability, valuation, operational and reputational), and familiarity with risk management methodologies * Working knowledge of investments in private assets instruments (e.g. Private Debt, Private Equity, Real Estate), risk-return profiles, valuation methodologies, etc * Familiarity with Risk Management softwares (e.g. Risk Metrics, Liquidity Metrics) and/or Alternative Assets data providers (e.g. Preqin, Quantyx) is a plus * Working knowledge of VBA, Matlab (or other equivalent programming language) Soft skills: * Proactive approach with strong learning ability and collaborative mindset * Excellent interpersonal skills to interact with different stakeholders * Ability to gather information, re-organize it, analyze it and report it in an effective way * Resistance to stress and reactive to tight timelines and deadline requirements * Second European foreign language such as French, German or Spanish will be considered a plus J-18808-Ljbffr

Location: Milano, Lombardia, IT

Posted Date: 8/14/2025