Why work for us?

A career at Janus Henderson is more than a job, it’s about investing in a brighter future together. 

Our Mission at Janus Henderson is to help clients define and achieve superior financial outcomes through differentiated insights, disciplined investments, and world-class service. We will do this by protecting and growing our core business, amplifying our strengths and diversifying where we have the right.

Our Values are key to driving our success, and are at the heart of everything we do:

Clients Come First - Always | Execution Supersedes Intention | Together We Win | Diversity Improves Results | Truth Builds Trust

If our mission, values, and purpose align with your own, we would love to hear from you!

Overview of the role

Investment Risk Team works with portfolio management teams, providing timely challenge and advice in ensuring portfolio construction, risk taking, and the drivers of risk and return align with the intended approach and client expectation. The team provides insightful & value-add services to enhance investment decision making and implementation to the benefit of both risk and return.

Your role will be responsible for measuring, monitoring and challenging investment risk across firm’s fixed income portfolios, including mutual funds, ETFs, and institutional mandates. You will partner closely with Portfolio Managers, Traders and Senior Leadership to ensure that risk taking is intentional, transparent and aligned with client objectives. You will support the Portfolio Managers in continuously improving the risk / return profile delivered to investors. This will include but is not limited to working closely with relevant Portfolio Managers, identifying all sources of risk in the portfolios covered, and taking ownership of escalation and resolution of issues when identified. You will also help Portfolio Managers analyze return attribution to quantify and understand drivers of performance.

The nature of the role demands a quantitative mindset, programming ability and good knowledge of derivatives. You will possess good communication/interpersonal skills, a good understanding of risk models and different investment processes combined with self-sufficiency and initiative.

Your opportunity 

• Continuously monitor and analyze portfolio risk exposures, including aspects such as duration, convexity, yield curve positioning, spread duration, DTS, and factor exposures.
• Assess Value at Risk (VaR), tracking error, and results from scenario analysis and stress tests, offering interpretation and actionable insights.
• Lead regular risk oversight meetings with investment teams, risk management, and senior leadership, preparing thorough materials and ensuring follow-up actions are completed.
• Constructively challenge portfolio managers on their risk positions, performance drivers, and adherence to investment guidelines.
• Support the firm's Risk Committee by preparing clear and concise risk reports and dashboards.
• Develop, enhance, and validate risk models for fixed income and derivative instruments.
• Design, monitor, and evaluate hedging strategies to manage market risk associated with the firm's seed capital investments in new or existing funds.
• Collaborate with traders to implement hedge instruments such as Treasury Futures, CDX, and FX forwards that align with product exposures.
• Measure and report on hedge effectiveness, P&L attribution, and residual risk on seed capital holdings, maintaining documentation of hedging rationale, execution, and risk impact for internal governance and audit purposes.
• Utilize risk analytics platforms like BlackRock Aladdin, Bloomberg PORT, and MSCI BarraOne to produce and interpret portfolio risk metrics.
• Employ programming tools (Python, R, SQL) to extract, process, and visualize large datasets.
• Develop automated reporting tools and dashboards using PowerBI or Tableau.
• Prepare client-ready risk commentary for quarterly reviews and due diligence requests.
• Analyze performance attribution reports to identify key risk and return drivers, linking performance outcomes to portfolio positioning and market factors.
• Collaborate with investment teams on fund structuring and portfolio optimization strategies.
• Respond to direct requests from portfolio managers and engage with them proactively.
• Escalate issues to senior management when necessary.
• Produce ad-hoc reports addressing risk issues in current market conditions.
• Support the implementation and development of quantitative solutions for risk management.
• Perform additional duties as assigned.

What to expect when you join our firm

• Hybrid working and reasonable accommodations
• Generous Holiday policies
• Paid volunteer time to step away from your desk and into the community
• Support to grow through professional development courses, tuition/qualification reimbursement and more
• Maternal/paternal leave benefits and family services
• Complimentary subscription to Headspace – the mindfulness app
• Corporate membership to ClassPass and other health and well-being benefits
• Unique employee events and programs including a 14er challenge
• Complimentary beverages, snacks and all employee Happy Hours

Must have skills

• Educated to degree level or equivalent
• CFA, FRM or other professional qualification is an advantage
• Prior Experience working at a buyside asset management firm is preferred
• Strong quantitative skills
• Knowledge of fixed income instruments, derivatives and structured products.
• Proficiency in portfolio risk metrics: VaR, tracking error, beta, correlation, factor exposures and stress testing
• Hands-on experience with at least one major risk platform (BlackRock Aladdin, Bloomberg PORT, MSCI BarraOne/RiskMetrics, FactSet, Axioma)
• Programming skills in Python, R or MATLAB; SQL for data handing; advanced Excel/VBA.
• Familiarity with data visualization tools (PowerBI, Tableau) preferred.

Competencies required

In addition to putting clients first, acting like an owner, and succeeding as a team, the competencies for this role include:

• Team orientated
• Excellent analytical skills, with the ability to present detailed analysis in a clear and concise manner.
• Effective communicator, capable for presenting complex analysis to non-technical audiences.
• Collaborative mindset, able to work across investment, operations and technology teams.
• Self-starter who can prioritize and manage multiple projects.
• Proactive and self-sufficient
• Ability to build strong working relationships with internal clients
• Ability to work closely with external software providers as and when required
• Ability to use initiative and influence a variety of stakeholders across all levels of the business
• Ability to build relationships with key personnel such as Portfolio Managers and the Distribution team
• Ability to assimilate knowledge quickly with a desire to improve knowledge of all Janus Henderson products/funds
• A flexible approach with the ability to think laterally

Ongoing competence in the role to be assessed, in line with applicable regulatory requirements, by:

• Annual performance appraisal
• Completion of all assigned compliance training

Investment areas  

Has responsibility for supporting portfolios within the Fixed Income Asset Class.

Supervisory responsibilities

• No

Potential for growth

• Mentoring
• Leadership development programs
• Regular training
• Career development services
• Continuing education courses

Compensation information

The base salary range for this position is $135,000-$145,000. This range is estimated for this role. Actual pay may be different.  This role will remain open through the end of September 2025.

Colorado law requires an estimated closing date for job postings. Please don't be discouraged from applying if you see this date has passed.

You will be expected to understand the regulatory obligations of the firm and abide by the regulated entity requirements and JHI policies applicable for your role.

At Janus Henderson Investors we’re committed to an inclusive and supportive environment. We believe diversity improves results and we welcome applications from candidates from all backgrounds. Don’t worry if you don’t think you tick every box, we still want to hear from you! We understand everyone has different commitments and while we can’t accommodate every flexible working request, we’re happy to be asked about work flexibility and our hybrid working environment. If you need any reasonable accommodations during our recruitment process, please get in touch and let us know at recruiter@janushenderson.com.

#LI-CH2, #LI-Hybrid

Annual Bonus Opportunity:  Position is eligible to receive an annual discretionary bonus award from the profit pool.  The profit pool is funded based on Company profits.  Individual bonuses are determined based on Company, department, team and individual performance. 

Benefits:  Janus Henderson is committed to offering a comprehensive total rewards package to eligible employees that includes; competitive compensation, pension/retirement plans, and various health, wellbeing and lifestyle benefits.   To learn more about our offerings please visit the Why Join Us section on the career page here.

Janus Henderson Investors is an equal opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Janus Henderson (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employee’s job functions (as determined by Janus Henderson at its sole discretion).

You should be willing to adhere to the provisions of our Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities. Applicants’ past political contributions or activity may impact applicants’ eligibility for this position.

You will be expected to understand the regulatory obligations of the firm, and abide by the regulated entity requirements and JHI policies applicable for your role.