Culture and Careers

Aperture believes that active management based on primary fundamental research can produce reliable outperformance over an investment cycle. Our mission, the production of outperformance by aligning our interests with those of our clients, drives everything that we do.

We don’t have illusions about this being a quick process. In fact, we think it will take many years for us to prove our model and change the industry. We are in it for the long haul. The success of our firm will be measured in 5-10 year increments, not in monthly or quarterly performance. The culture of our firm and the people we hire reflect the environment and the qualities that we believe are essential to fulfilling our mission.

We believe that four specific personality traits help us act in the best interests of our clients. These are not static variables. To different degrees, human beings self-regulate along these dimensions in different situations.

These qualities are important in every member of our team – not just our investment professionals.

Patience with Decisiveness
The ability to follow a thoughtful and rational process while also efficiently making decisions.

Clarity with Humility
The ability to form strong perspectives while also questioning assumptions, even in the face of success.

Focus with Flexibility
The ability to remain keenly aware of one’s thesis and to make changes when the facts change.

Self-Awareness
The ability to recognize behavioral biases while also defeating them when necessary.

We do not look for homogeneity in the approach to research, and we do not have a common platform. Aperture managers are encouraged to reside where they are most comfortable. Co-locating (or not) is their decision. Collaboration at the research level is encouraged. Research analysts are encouraged to challenge each other; constructive controversy is welcomed.

Management is strictly committed to producing an investment environment that allows teams to focus exclusively on their investment processes and research controversies. Business activities including legal, operations, data availability, accounting, fund structure, access to external research, marketing, client engagement and fundraising are the responsibility of the firm’s non-investment teams. Investment teams are given as much time as possible to focus on performance.

At Aperture our Team is Global

Available Jobs

Risk Manager

Job Description

The individual will be a part of risk management group at Aperture. Work will involve day to day risk management of firm’s portfolios, enhancing risk reporting and analyses, performing ad-hoc projects for senior management and portfolio managers, liaising with risk teams at our partner organizations, taking lead in regulatory filings, working with other groups at the firm on business development initiatives and participating in due-diligence meetings with clients.

Responsibilities for Risk Manager

–  Monitoring of the risk profile of the firm’s portfolios.
–  Keeping track of market developments, portfolio changes and continuously assessing their potential impacts on portfolio risk and limit usage.
–  Maintaining a regular dialogue with the portfolio teams and trading teams.
–  Assist with ongoing projects to enhance risk reporting infrastructure.
–  Provide quantitative support to portfolio managers and other areas of the firm.
–  Aid Investors Relations area to support client requests pertaining to risk.
–  Staying current with regulatory developments, in the US and Europe, as they relate to risk management.
–  Work with Operations, Technology and Compliance as needed.
–  Preparation of N-PORT Filings and other regulatory reporting as may be required.
–  Review documents like guidelines and prospectuses. Updating policy documents as needed.

Qualifications for Risk Manager

–  Multi-asset background with 5 years to 10 years of risk management experience at an asset manager, hedge fund, or sell side firm. Knowledge of vendor risk systems, equity factor models, derivatives, absolute and relative return strategies, Value at Risk, sensitivity analysis, stress testing, liquidity risk.
–  Must have interacted with portfolio managers and traders on a regular basis.
–  Demonstrated ability to prioritize tasks and meet daily deadlines for projects.
–  Advanced degree in a quantitative discipline.
–  Problem solver and team player with strong communication skills.
–  Quantitative and analytical skills with a demonstrated ability to understand new analytical concepts.
–  Prior experience of participation in due-diligence meetings and answering RFP questions.
–  Understanding of UCITS and 40-Act investment restrictions is a plus.
–  Basic knowledge of programming languages, such as SQL and Python, to automate daily tasks.
–  Presentation skills, including public speaking and presentation creation using PowerPoint or a similar program

Please send CV to [email protected] and include “Risk” in the subject header.

General Submission

If you are interested in job opportunities at Aperture but can’t find a role that fits you in our job opening, please send a cv in PDF or word format to [email protected] along with a letter of interest. If it seems like there might be a fit we will be in touch. Due to the volume of interest we unfortunately cannot respond to every inquiry; we apologize in advance and are grateful for your outreach.

Internships

If you are a student and are interested in our internship program, please send a cv in PDF or word format to [email protected] along with a letter of interest including “Internship” in the subject line. Please also state your available time in the email. We will be in touch as soon as possible and will arrange an appointment to meet should your qualifications meet our current needs.

Our objective is to produce excess returns for our investors over time, and we believe that we’ve created an incentive system for our portfolio managers that puts investor results first.

Aperture aims to always put its investors first and this philosophy carries through our business, from the way we structure our incentive system to the way that we invest. We believe that, over time, careful consideration of responsible investment factors may improve outcomes for our investors and we are committed to integrating ESG factors into the research process in a thoughtful way. Aperture is a participant in the UN Global Compact and the Investor Stewardship Group and a signatory of the UN PRI.  

Click here to learn more about our ESG efforts.

General Submission

If you are interested in job opportunities at Aperture but can’t find a role that fits you in our job opening, please send a cv in PDF or word format to [email protected] along with a letter of interest. If it seems like there might be a fit we will be in touch. Due to the volume of interest we unfortunately cannot respond to every inquiry; we apologize in advance and are grateful for your outreach.

Internships

If you are a student and are interested in our internship program, please send a cv in PDF or word format to [email protected] along with a letter of interest including “Internship” in the subject line. Please also state your available time in the email. We will be in touch as soon as possible and will arrange an appointment to meet should your qualifications meet our current needs.