Senior Portfolio Risk Analyst

Job Description Summary

Aegon Asset Management (Aegon AM) is a leading global investor. Our 350 investment professionals manage and advise on assets of US $384 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.

We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas.

We are an international business: Our 1,125 employees work from 14 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.

Position Overview:

Join our Portfolio Risk Management team as a Senior Portfolio Risk Analyst, where you’ll oversee investment risk across AAM’s US fixed income platform. This role covers the full value chain of risk management—from risk identification and measurement to active engagement with portfolio management and risk reporting. You will help develop effective risk management measures, shared methodologies and reporting tools that support both our general account and third-party clients.

You will thrive in a dynamic, collaborative environment, working closely with colleagues in Risk Management, Portfolio Management and across the business functions. This is a second-line position, ideal for individuals who enjoy applying their technical expertise to improve the outcomes for our clients and business.  This role reports directly to the US Head of Risk Management.  

Job Description

Key Responsibilities:

• Deliver second-line market and credit risk analysis and oversight across a broad range of fixed income strategies.

• Apply and interpret quantitative models to analyze portfolio positioning and its implications for risk and performance.

• Provide independent perspectives and ensure exposures remain within established risk parameters.

• Conduct tracking error, duration, and volatility analysis, back testing, and tail risk assessments, including value-at-risk (VaR), market, and liquidity stress testing.

• Stay informed about financial markets and proactively assess how market events may impact portfolio performance and risk.

• Complete ad-hoc risk analysis projects as requested by prospects, clients, front office and other internal users.

• Engage proactively with stakeholders and contribute to the ongoing improvement of risk methodologies, models and controls.

• Collaborate with the front office to review portfolio risk, raise risk awareness through regular discussions and respond to information requests.

• Support team activities and contribute to achieving the global team plan.

Qualifications:

• Bachelor’s degree with 8+ years of investment risk experience, including work with fixed income portfolios.

• Solid understanding of financial markets and instruments, and investments concepts.

• Sound communication, statistical, and mathematical modelling skills.

• Practical understanding of quantitative analysis tools.

• Coding skills, including VBA, and a professional certification such as CFA, FRM or PRM, is a plus.

Preferred Qualifications:

• Commitment to fostering a robust risk culture with a focus on continuous improvement.

• Intellectual curiosity and a drive to innovate for better risk mitigation.

• Effective stakeholder management and the ability to provide constructive challenge in a constructive manner.

• Experience with Blackrock Aladdin. 

Why Join Us:

• Be part of a team that values diversity, collaboration, and continuous learning.

• Work in an environment where your ideas and perspectives are welcomed and respected.

• Contribute to meaningful projects that have a real impact on our clients and business. 

**Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws. It is estimated based on what a successful candidate might be paid in certain Company locations.**

The salary for this position generally ranges between $137,000 - $170,000 annually. This range is an estimate, based on potential qualifications and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, the position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

Compensation Benefits:

• Competitive Pay

• Bonus for Eligible Employees

Benefits Package:

• Pension Plan

• 401k Match