Associate Director, Private Assets Investment Risk Management

Associate Director, Private Assets Investment Risk Management — Hong Kong (via Oliver James)

Oliver James is recruiting for a well-established International Insurance and Investment Management Group seeking a high-calibre Investment Risk professional. The role oversees investment risk across both liquid markets and private strategies, with a strong emphasis on alternatives covering private equity, private credit, infrastructure, real assets, and other illiquid investments.

Key Responsibilities:

- Act as an independent second-line risk advisor, partnering with investment and regional risk teams to provide oversight, challenge, and governance across the investment lifecycle

- Provide independent oversight of alternative investments including private equity, private credit, real assets, and infrastructure — with focus on concentration, liquidity, leverage, valuation, and exit risks

- Deliver objective review and challenge on investment proposals covering mandates, fund and investment manager selection, new strategies, and significant portfolio decisions

- Monitor the alternatives portfolio on an ongoing basis, identifying emerging risks and performance trends

- Support the evolution and alignment of risk frameworks for private market investments

- Assess and challenge first-line processes relating to valuation and credit analysis

- Design and perform stress testing and scenario analysis

Requirements:

- Experience in investment risk management with a focus on private assets / alternatives

- Strong understanding of private equity, private credit, infrastructure, and real assets

- Excellent analytical and governance skills

- Prior experience in a second-line risk function preferred