Risk Manager

Seniority level: Mid-Senior level | Employment type: Full-time | Industries: Investment Management

Risk Manager

About ArcticBlu Capital

ArcticBlu Capital is a digital-first Asset Management firm focused on connecting frontier markets with global opportunities. We develop and manage institutional-grade, actively managed multi-asset portfolios. Headquartered in Tbilisi, ArcticBlu Capital is licensed and regulated by the National Bank of Georgia.

The Role

ArcticBlu Capital is seeking a Risk Manager to maintain and apply the firm's risk management framework across its managed funds. Working within an established framework and under the guidance of senior management, the Risk Manager will monitor and measure market, credit, liquidity, concentration, currency, and operational risks, track risk limits, run stress tests, and support risk reporting to management, the Investment Committee, and the National Bank of Georgia.

Key Responsibilities

Risk Framework Support

Support the implementation and maintenance of the firm's risk management policies and procedures

Contribute to the development and monitoring of the Risk Appetite Statement

Apply and monitor internal control mechanisms in day-to-day operations

Keep risk documentation current and aligned with the firm's funds and activities

Risk Profile & Limits

Monitor each fund's risk profile against its size, portfolio structure, investment strategy, and objectives

Assist in setting and calibrating quantitative and qualitative risk limits

Apply the firm's rules for calculating risk limits

Monitor compliance with limits defined in the fund prospectus

Investment Risk Monitoring

Monitor and analyze market risk

Assess credit risk for counterparties and issuers

Monitor liquidity, concentration, currency (FX), and operational risks

Limit Monitoring & Stress Testing

Conduct regular monitoring of risk limits and flag breaches

Run regular stress tests on the investment portfolio

Assess the sensitivity of NAV and liquidity profile to stress scenarios

Operational Risk & Compliance

Conduct Risk and Control Self-Assessments (RCSA)

Support NBG compliance, including capital adequacy monitoring

Track regulatory changes and support their adoption

Reporting

Prepare risk dashboards for management

Support risk reporting to the NBG and Investment Committee

Promptly escalate any breach of financial requirements

Qualifications

2-3 years of experience in risk management, financial analysis, or audit within asset management, banking, or financial services

Solid understanding of market, credit, liquidity, concentration, currency, and operational risk

Familiarity with stress testing, sensitivity analysis, and fund structures (open-ended, closed-ended, interval)

Familiarity with the NBG regulatory framework is a plus

Fluency in English (C1/C2)

Proficiency in Excel and AI research tools; Python is a plus

Progress toward CFA, FRM, or PRM is a plus

Diligence, integrity, accuracy, and attention to detail

What We Offer

Supportive, collaborative, and fair working environment

Clear guidance in task execution

Inspiring atmosphere as part of a growing institutional asset manager

25 Shavishvili Street, Tbilisi, Georgia | Full-Time | 40 hrs/week

Application Deadline: June 30, 2026

Send CV (English) to jobs@arcticblucapital.com with subject line "Risk Manager" - or apply via LinkedIn Easy Apply