The Associate Director will oversee investment risk for real asset portfolios, including property, infrastructure, private debt, and private equity. Responsibilities include challenging delegated investment managers, monitoring liquidity, valuation, leverage, concentration, and regulatory risks, reviewing valuation methodologies, supporting governance and regulatory reporting, conducting manager due diligence, and contributing to product launches and risk framework enhancements. The role also provides technical guidance to junior team members and presents findings to boards, committees, clients, and service providers.