About the opportunity Job Description Title Associate Director, Investment Risk Oversight, UK Department Risk Location Cannon St, London Reports To Head of Investment Risk Oversight About Fidelity International Fidelity International offers world class investment solutions and retirement expertise. As a privately owned, independent company, investment is our only business. We are driven by the needs of our clients, not by shareholders. Our vision is to deliver innovative client solutions for a better future. Our people are passionate, engaged, smart and curious, and we give them the independence and the confidence to make a difference. While we take pride in the excellence of our investment solutions and client service, we know we can always do better. We are honest, respectful and make tough calls, challenging the status quo to achieve better outcomes through innovation. Above all else, we always put our clients first. Find out more about what we do, our history, and how you could be a part of our future at www.fidelityrecruitment.com/about-us Our Values All of our people must be able to demonstrate affinity with the Fidelity core values Innovation Being willing to experiment and try new and better ways to serve our clients. Integrity Taking personal responsibility for always acting in the best interests of our clients. Excellence Striving to be the best while knowing we can always be better next time. Our Behaviours All of our people must be able to operate in accordance with our behaviours Commitment We are committed to our clients and proud to work for Fidelity. We push through obstacles to make things happen; we make decisions quickly and thoughtfully. We are individually committed to building a culture of excellence. Collaboration We collaborate with colleagues, seek alternative views, invite different ideas and always challenge traditional thinking. This approach allows us to create a whole that is much greater than the sum of its parts. Client Focus We are expected to, and measured on, our ability to put our client first. We go the extra mile to understand their needs and strive to exceed their expectations. We listen carefully, we communicate clearly, and were quick to respond. Were respectful of the trust placed in us to manage their money. Department Description Global Risk The risk team in Fidelity covers the management oversight of Fidelitys risk profile including key risk frameworks, policies and procedures and oversight and challenge processes. The team partner with the businesses to ensure Fidelity manages its risk profile within defined risk appetite. The team is circa 50-strong, and growing, covering all facets of risk management including investment, operational, enterprise, and technology risk. The function is currently being strengthened to enhance global risk type coverage across FILs regions. Investment Management Risk Oversight The Investment Risk Oversight team forms part of Global Risk and is responsible for the framework and governance of all aspects of Investment Risk including market risk, derivatives risk, sub-advised risk, fund liquidity risk and (fund and corporate) counterparty risk. The team also provides oversight of the Operational Risk and Model Risk associated with the Investment Process The team works closely with the Investment Risk Analytics team which also forms part of Global Risk team. Purpose of your role The primary function of the role is to provide oversight all aspects of investment risk, across Fidelitys global fund range with a focus on local fund ranges offered in UK and Ireland. The individual will be expected to focus on the implementation of the relevant investment risk frameworks in the region and the work closely with colleagues in Continental Europe and Asia to develop effective frameworks and ensuring best practice and knowledge sharing across the group. In addition to risk frameworks the individual will be responsible for oversight of operational risk within the investment process and thematic reviews in the region. The individual will be expected to work effectively as part of a matrix organisation with a direct reporting line into the Head of Investment Risk Oversight in the UK. Key Responsibilities Support the head of the department with establishing and implementing risk and governance framework for the oversight of investment risk. Provide relevant management information including the escalation of material issues to senior management, including materials for oversight committees Follow up and tracking of risk mitigation plans and actions Design and implement risk frameworks, policies and procedures for all the entities located in the region of employment , including implementation of new regulatory requirements Assist with any ad hoc projects including request for proposals and undertake thematic risk reviews relating to investment risk management matters. Attend regulatory and client meetings, investment oversight committees and from time to time Audit & Risk Committee meetings Prepare and present risk reports and/or thematic risk reviews at board and/or authorized manager meetings Act as contact person on investment risk matters to the internal and external auditors as well as to the local regulator Stakeholder management at all levels across the organisation including the investment team and fund managers To develop and maintain a strong external professional network to keep abreast of external developments and ensure they are introduced to the organisation as and when appropriate. This includes attending Industry Forums To establish and maintain highly effective working relationships with all key internal stakeholders for example the heads of the first line of defence teams and other second line of defence heads Experience and Qualifications Required Proven risk expertise and knowledge of all/any of the key areas of investment risk Excellent communication skills with the ability to communicate with other internal functions and senior management Strong stakeholder management skills and ability to face off to senior peers and stakeholders Strong analytical and problem-solving skills with a hands-on mentality Dedicated to maintaining high standards including attention to detail. Detailed knowledge and experience of working in the financial services sector A proven understanding of Fixed Income and multi-asset products The ability to work independently and to tight deadlines Educated to degree level or equivalent About you About Fidelity International Fidelity International offers world class investment solutions and retirement expertise. As a privately owned, independent company, investment is our only business. We are driven by the needs of our clients, not by shareholders. Our vision is to deliver innovative client solutions for a better future. Our people are passionate, engaged, smart and curious, and we give them the independence and the confidence to make a difference. While we take pride in the excellence of our investment solutions and client service, we know we can always do better. We are honest, respectful and make tough calls, challenging the status quo to achieve better outcomes through innovation. Above all else, we always put our clients first. Find out more about what we do, our history, and how you could be part of our future at www.fidelityrecruitment.com/about-us Applying to this Job Role Please note you are only required to upload your CV/Resume to the application screen.