The morning usually consists of assessing how the transactions and market movements of the previous day have affected the portfolio’s risk profile on the liquidity, credit and market aspects. Does hedging effectively reduce exposure to the targeted market factor? Does the allocation change always meet the risk mandate and if not explain it? Which market scenario would most unfavorably affect the bottom line? Which component of the portfolio is the most sensitive and which product would be the most appropriate to reduce this risk?
The afternoon focuses on the development, adaptation and improvement of quantitative tools for portfolio risk analysis and investment decision support, monitoring of research evolutions Risk analysis and the analysis of macroeconomic events and / or the study of specific positions requiring more specific attention (stock suffering from a deterioration in its liquidity as a result of various events, derivative product A complex whose internal valuation differs from that of the counterparty, mostly due to different market parameters, a position that has a strong contribution to portfolio risk, etc.)
The end of the day is devoted to monitoring the evolution of the regulation / regulation, the implementation of its directives / recommendations and the assistance provided to other departments of the management company (marketing, sales, product Specialist, reporting, attribution of performance, due diligence, etc.) on risk issues and the management of cross-functional projects.
What were your motivations for applying for asset management?
The typical course of a young graduate in market finance is to move towards investment banking. Nevertheless, since the Subprime crisis and the resulting new regulations, the profitability of the sector has sharply decreased leading to the abolition of many investment activities in most banks. These activities have not disappeared, however, but have moved to institutions that are still considered “non-systemic”, such as asset management companies. So I naturally began to take an interest in this sector and more particularly in asset management shops, which reconciled my interest in the financial markets and entrepreneurship.