Investment Risk AnalystBoston, MAPioneer Investments is a distinguished investment franchise within Victory Capital Management, with a long history of delivering disciplined, research-driven investment strategies. Our front office Investment Risk team plays a critical role in the investment process - partnering directly with Portfolio Managers to ensure risk is understood, measured, and managed with precision.
General Summary and Purpose:We are looking for an Investment Risk Analyst who brings both analytical rigor and intellectual curiosity to the table. This is not a back-office compliance role - it is a seat at the front office table, where your work directly shapes how our portfolio managers understand and navigate risk.
You will maintain and enhance sophisticated risk models, synthesize complex quantitative outputs into clear investment insights, and serve as a trusted analytical partner across Portfolio Management, Institutional Marketing, RFP, and senior investment committees. If you are someone who gets energized by hard problems, thrives in a fast-paced investment environment, and wants your work to matter, this role was built for you.
You Will:Core Risk Analytics & Reporting- Maintain, validate, and continuously enhance front office investment risk models used by Portfolio Managers across strategies
- Maintain, validate, and continuously enhance front office investment risk models used by Portfolio Managers across strategies
- Prepare and distribute comprehensive investment risk reports covering market risk metrics (VaR, tracking error, stress testing), liquidity analysis, factor exposures, and other key risk indicators
- Deliver risk attribution analysis and portfolio diagnostics on demand, supporting both pre- and post-trade investment decisions
- Translate complex quantitative outputs into clear, actionable narratives for investment teams and senior stakeholders
Cross-Functional Partnership- Collaborate directly with Portfolio Managers on ad hoc quantitative research, special projects, and portfolio construction questions
- Serve as a key analytical resource for RFP, Institutional Marketing, and Performance teams on investment risk inquiries
- Support the global investment risk team across multiple regions, providing consistent and timely analysis for retail and institutional clients
- Partner with investment management to build risk literacy - helping portfolio teams understand risk results, interpret model outputs, and apply insights to their decision-making
- Present findings clearly and confidently to senior audiences including the Investment Committee and Risk Committee
You Have:Education & Experience- Bachelor's degree in quantitative discipline: Finance, Mathematics, Statistics, Data Science, Computer Science, or Engineering
- 3-5 years of professional experience in investment management, risk analytics, or quantitative research
Investment & Risk Knowledge- Solid understanding of investment fundamentals across equities, fixed income, derivatives, and portfolio construction
- Working knowledge of risk metrics including tracking error, VaR, beta, factor exposures, drawdown, and Sharpe ratio
- Hands-on experience with industry risk platforms such as Bloomberg PORT, FactSet, or MSCI RiskMetrics
Skills & Attributes- Strong written and verbal communication skills - ability to translate quantitative outputs for non-technical stakeholders
- A builder's mindset: intellectually curious, with a natural drive to automate, improve, and innovate
- Proficient in Microsoft Excel and VBA; comfortable managing both structured projects and fast-turnaround ad hoc requests
- Self-directed and organized, with the ability to prioritize competing demands in a dynamic environment
Ideal candidate will also have- Experience with Python or SQL for data analysis and automation
- Familiarity with Performance Attribution methodologies
- Progress toward a CFA or Master's degree a plus
Our Benefits:Victory Capital Management offers excellent Medical, Dental, Vision plans, Flexible PTO, Family Medical and Disability Leaves, Education Tuition Reimbursement and a 401k plan with a generous employer match.
Target Compensation:The target base salary range for this position is $75,000 to $90,000
Salaries are determined based on internal equity, internal salary ranges, market data/ranges, applicant's skills and prior relevant experience, certain degrees, and certifications.
Victory Capital Management operates a pay-for-performance compensation philosophy and total compensation may vary based on role, location, department and individual performance.
Victory Capital Management's total compensation package includes the opportunity for annual compensation bonuses and/or commissions and a generous benefits package.
