Portfolio Risk & Controls Analyst

Location: New York, NY (Hybrid) Type: Full-Time Compensation: $140,000 – $185,000 total compensation (varies by employer) Portfolio Risk & Controls Analyst This role supports portfolio-wide risk monitoring, internal controls, and governance processes for investment firms. Day-to-Day Responsibilities Portfolio Risk Monitoring & Analysis Monitor financial, operational, liquidity, and covenant-related risks across portfolio companies Track portfolio exposure relative to underwriting assumptions and risk limits Identify early warning indicators and escalating risk signals Controls, Governance & Oversight Support development and maintenance of portfolio risk frameworks and control processes Assist with documentation of controls, reporting standards, and governance procedures Coordinate with finance, legal, and compliance teams on portfolio oversight matters Downside & Scenario Analysis Perform sensitivity, downside, and stress‑testing analyses at the asset and portfolio level Evaluate capital structure risks, refinancing needs, and covenant headroom Support risk assessments related to leverage, cash flow volatility, and macro exposure Investment Committee & Reporting Support Prepare risk‑focused materials for investment committee and portfolio review meetings Summarize key risk exposures, mitigation plans, and control gaps Support periodic portfolio risk reporting to firm leadership and LP‑facing teams Portfolio Company Interaction Work with portfolio company finance teams to gather risk‑related data and reporting Assist in reviewing budgets, forecasts, and covenant compliance materials Support remediation tracking for identified risk or control issues What Makes This Work Engaging Direct exposure to how private markets firms manage downside risk post‑investment Visibility into capital structures, covenants, and portfolio‑level risk aggregation Interaction with senior investors, finance leaders, and operating partners Strong foundation for careers in risk management, portfolio operations, or investing Ideal Candidate Profile Education & Technical Skills Bachelor’s degree in Finance, Economics, Accounting, Engineering, Mathematics, or related field Strong Excel and financial analysis skills; experience with scenario or sensitivity analysis preferred Solid understanding of financial statements, leverage, cash flow, and risk drivers Familiarity with controls, compliance, or governance concepts is a plus Experience (Formal or Informal) Prior internships or experience in investment banking, private equity, private credit, audit, risk, consulting, or corporate finance preferred Demonstrated interest in risk management, portfolio oversight, or investment governance Soft Skills & Mindset High attention to detail and strong analytical judgment Ability to communicate risk clearly and objectively Structured thinker comfortable assessing downside scenarios Ownership mindset with strong follow‑through Curious, coachable, and comfortable working across teams #J-18808-Ljbffr Initio Capital