Junior Risk Analyst at Invesco in Downers Grove, Illinois

Job description

• Job Description

Responsibilities

• · Produce and support daily/weekly performance measurement for assigned equity index and ETF portfolios, including benchmark comparisons, return decomposition, and tracking difference monitoring
• · Support index-relative attribution and diagnostics (sector/industry, factor, and security contributions) and translate results into clear narratives for stakeholders
• · Perform daily monitoring of attribution outputs and triage/clean up anomalies (e.g., missing/misaligned identifiers, stale or incorrect benchmark mappings, corporate action timing impacts, return outliers); coordinate with Technology, Operations, and Data teams to remediate root causes and document resolutions
• · Assist in producing daily, weekly, and ad-hoc risk, performance, and tracking reports for passive strategies and ETFs, with a focus on accuracy, repeatability, and timeliness
• · Help identify, validate, and explain changes in active risk, tracking error, and tracking difference, including key implementation drivers (rebalance timing, corporate actions, cash management, and trading costs)
• · Monitor and reconcile holdings vs. benchmark, index events, and corporate actions; investigate breaks that impact performance, attribution, and risk outputs; coordinate fixes and confirm resolution
• · Prepare analysis and materials for portfolio reviews, risk forums, and governance routines supporting the passive/ETF platform
• · Assist with monitoring compliance with internal risk limits and product guidelines (e.g., tracking error thresholds, concentration/issuer limits where applicable) and documenting alerts or breaches
• · Collaborate with portfolio managers, traders, ETF capital markets, and internal partners to support effective risk oversight and issue resolution
• · Respond promptly to complex performance, attribution, and risk queries from portfolio managers, Sales, Product, and Risk leadership
• · Maintain and enhance processes for risk, tracking, and performance exception monitoring, escalation, and documentation (including clear commentary for alerts, breaches, and material attribution outliers)
• · Contribute to process improvements and automation of performance/attribution and risk analytics and reporting using Python (and other approved tools), improving timeliness, controls, and data quality
• · Partner with Technology, Operations, Trading, and Data teams to resolve data breaks, support system enhancements, and improve inputs (e.g., benchmark files, corporate actions, index rebalances)
• · Provide ad-hoc analytics to support Equity Passive/ETF initiatives, new product reviews, index changes, and cross-department priorities as needed

Requirements

• · 1+ years of relevant experience (internships included) in investment risk, performance measurement/attribution, portfolio analytics,
• trading/markets, or a related asset-management function; exposure to index/passive or ETFs is a plus
• · Strong analytical and quantitative skills, with interest in benchmarking, performance measurement, and attribution, as well as portfolio risk (e.g., factor exposures, volatility, drawdowns, tracking error, sector/industry exposures)
• · Strong Python skills for data analysis/automation (SQL experience a plus)
• · Experience with risk and performance/attribution systems and data workflows; FactSet and/or MSCI Risk Metrics experience a plus (index, benchmark, corporate action, and ETF data experience preferred)
• · Intellectual curiosity and interest in global equity markets, index investing, and ETF mechanics
• · Strong written and verbal communication skills
• · Well-organized, dependable, proactive, and detail-oriented (comfortable working with large datasets and repeatable processes)
• · Ability to manage multiple priorities, exercise sound judgment, and communicate clearly with portfolio managers and partners; comfort presenting concise findings and raising issues early
• · Collaborative mindset with a desire to learn from senior investment and risk professionals and partner effectively with trading, operations, product, and technology teams
• · Bachelor’s degree in finance, economics, mathematics, statistics, engineering, or a related field (advanced degree a plus)
• · Progress towards CFA, CIPM, or FRM is desirable

Skills

Preferred

• SQL experience
• Exposure to index/passive or ETFs
• Progress towards CFA, CIPM, or FRM

Benefits

• Our people are at the very core of our success. Invesco employees get more out of life through our comprehensive compensation and benefit offerings including:
• Flexible paid time off
• Hybrid work schedule
• 401(K) matching of 100% up to the first 6% with a discretionary supplemental contribution
• Health & wellbeing benefits
• Parental Leave benefits
• Employee stock purchase plan
• The salary range for this position in Downers Grove, IL is $85,000-105,000 Base/year. The total compensation offered for this position includes salary and incentive pay and will vary based on skills, experience and location