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Associate Director, Private Assets Investment Risk Management

  • Alternatives Investment Risk Management
  • Private Equity, Private Credit, Real Estate, Infrastructure Focus
  • Leading International Group

Our client is a well-established International Insurance and Investment Management Group. With increasing investment activities and interests in the Private Markets space, the group is now seeking a high-calibre Investment Risk professional to join the Risk Management function playing a key role in overseeing investment risk across both liquid markets and private strategies. The position has a strong emphasis on alternatives, covering areas such as private equity, private credit, infrastructure, real assets, and other less liquid investments.

The key responsibilities for this position are as follows: 

  • Act as an independent second-line risk advisor, partnering with investment and regional risk teams to provide robust oversight, challenge, and governance across the investment lifecycle.
  • Provide independent second-line oversight of alternative investments, including private equity, private credit, real assets, and infrastructure, with focus on key risk exposures such as concentration, liquidity, leverage, valuation, and exit risks.
  • Deliver objective review and constructive challenge on investment proposals, covering mandates, fund and investment manager selection, new strategies, and significant portfolio decisions.
  • Monitor the alternatives portfolio on an ongoing basis, identifying emerging risks and performance trends while escalating material issues where relevant.
  • Support the evolution and alignment of risk frameworks for private market investments, ensuring consistency across regions through a pragmatic, principles-led approach.
  • Assess and challenge first-line processes relating to valuation and credit analysis, ensuring methodologies, assumptions, and governance standards are robust and consistently applied.
  • Design and perform stress testing and scenario analysis, translating insights into actionable recommendations and risk mitigation measures.
  • Enhance risk disciplines across identification, monitoring, and escalation processes, supporting sound decision-making and strengthening overall portfolio resilience.
  • Contribute to senior management and regulatory reporting, while engaging closely with investment teams and regional risk partners to promote strong risk governance and a disciplined risk culture.

Successful applicants will have the following skills and experience: 

  • University degree with 10+ years’ experience in investment risk, alternatives risk, portfolio risk oversight, investment manager due diligence with strong exposure to Private Market assets
  • Industry experience gained from Private Equity, Asset Owner and / or Insurance firms
  • Exposure to China-based investments would be highly advantageous
  • Strong communication skills to present insights clearly and facilitate discussions effectively
  • Proven ability to engage and influence stakeholders, building strong relationships across senior leadership and cross-functional teams
  • Sound judgement, analytical thinking, and problem-solving capabilities, with attention to detail while maintaining a strategic perspective
  • Self-motivated and able to work independently, with the agility to manage shifting priorities and perform effectively under pressure
  • Fluency in English and ideally Mandarin Chinese