Business Unit:

Compliance, Risk and Internal Audit

Reporting To:

Director, Head of Analytics Data and Technology

Shift:

India (10:00 am - 7:00 pm IST) (India)

About Russell Investments, Mumbai:

Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is the world’s sixth-largest investment adviser, with $1 trillion in assets under advisement (as of June 30, 2022) and $288.3 billion in assets under management (as of March 31, 2023) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.

Joining the new Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be one of the first to join this new team based out of Goregaon (East) in Mumbai and be a part of creating the foundation and culture for the firm’s growing operations in India. The Mumbai office operates 5-days a week from Monday to Friday with varying shifts to accommodate time zones around the world.

For more information, please visit https://www.russellinvestments.com.

Job Description:

The Investment Risk team is looking to establish a team based in India to help run the Enterprise Risk Management System (ERMS). This position will lead this team and interact closely with portfolio management and research teams to provide risk insights into the investment strategies. The insights are derived from multiple sources including reports utilizing propriety quantitative models and vendor risk tools. The Director of Investment Risk in Mumbai will serve as the main point of contact with the team and will report to the Director, Investment Risk in Seattle.

Years of Experience

10-12 years of experience in a risk management function

Qualifications

• MS degree in Computational Finance from a top school. A graduate-level degree in Mathematics, Computer Science, Physics or similar will be considered for a candidate with a strong desire to get into finance.
• Knowledge of various financial instruments is considered a strong plus.

Responsibilities

• Hire new team members and help them reach their full potential by coaching, educating, and making sure the best practices are understood and followed.
• Lead the team by example. The manager will be expected to exercise a hands-on management style, willing and eager to contribute where help is needed to get a project done on time or to get a production issue resolved.
• Ensure day-to-day responsibilities are managed, coordinated, and delivered to the core business clients.
• Foster an environment that drives tech-enabled integration, innovation, and change.
• Maintain and build a successful relationship with business leaders across core business clients.
• Effectively handle communication between Mumbai team and the Seattle office, delegating to team members where appropriate. Communicate and own responsibility for meeting project ETAs and process SLAs.
• Contribute to the development of the ERMS. This includes adding new functionality and making improvements to the existing implementation.
• Support the daily production process. Troubleshoot error conditions. Document remediation steps taken, provide recommendations for improving the process.
• Handle user questions and reported production outages during Mumbai business hours (outside of Seattle business hours).

Candidate Requirements

• Experience with, or theoretical knowledge of systems design is required.

• Clear communication. Ability to articulate complex issues and reasons for decisions.

• Ability to write code. Experience with Python is a strong plus.

• Experience leading the design and implementation of distributed, resilient, service-oriented application architectures.

• Financial experience (market risk, asset pricing) is a strong plus.

• Experience leading and managing teams.

• Familiarity with SQL.

Core Values

• Strong interpersonal, oral, and written communication and collaboration skills with all levels of management.
• Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines.
• Demonstrated proactive approach to problem-solving with strong judgment and decision-making capability.
• Highly resourceful and collaborative team-player, with the ability to also be independently effective and exude initiative and a sense of urgency.
• Exemplifies our customer-focused, action-oriented, results-driven culture.
• Forward looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.
• Ability to act with discretion and maintain complete confidentiality.
• Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigor.