BMI I a wholly owned subsidiary of Banque Internationale à Luxembourg ("BIL") the oldest oldest bank in Luxembourg.
Founded in 1856, BIL is a key player in Wealth Management, Corporate Banking and Treasury and Financial Markets.
BMI is able to draw on the global presence and substance of the bang to support its operations and those of its clients.
Risk Analyst (M / F) Mission Define, implement, monitor and review the overall firm risk management framework and systems of the management company.
Responsibilities : The Risk Analyst will develop, implement, document and review the risk management framework and policies adapted to various fund vehicles (AIF, UCITS, Part II, SIFs, SICARs) invested in a wide diversity of financial asset classes (equity, fixed income, loans, structured products, derivatives, private equity, real estate, private debt).
In relation to risk management he / she will : Identify and analyze risks both at the fund and the management company level Define and implement quantitative and / or qualitative risk limits addressing global exposure, market, credit, liquidity, counterparty and operational risks together with required bespoke risk reporting Ensure compliance with established risk limits on an ongoing basis Monitor and review on a periodical basis the implementation of such framework and policies Contribute to tasks in relation to our risk engine (Riskmetrics) o Production of VaR and Stress Tests o Implementation of validation framework for all figures produced with the tool o Performance of regular backtests Produce regular oversight and escalation reporting for senior management and Boards on the effectiveness of the risk management process Oversee the valuation function and implement adequate tracking on valuation risk (in particular linked to model-based valuations e.g.
OTC derivatives, illiquid instruments or asset-based assets) Liaise with investment managers, administrators and other service providers for risk and investment limits monitoring Contribute to the production of regulatory reports (AIFMD Annex 4, Annual reports, UCITS semi-
annual risk report) and investor reports (PRIIPS, KIIDS) In relation to investment compliance monitoring : Define investment rules in line with investment restrictions / policy of the fund prospectus After validation internally and at Fund Board Of Directors (BoD) level, implement rules in our compliance tool (Linedata) Monitor and escalate potential breaches at appropriate level (internal committee, Fund BoD, Fund auditor, CSSF) Maintain data quality over the necessary fields to feed UCITS diversification rules Your profile requirements : University degree in Finance, Mathematics or comparable education At least 3 years of relevant experience in risk management Entrepreneurial minded Ability to communicate technical topics in a clear manner Solution oriented and hands-
on Team player Good knowledge of AIFMD, UCITS Excellent command of English and French Good understanding of financial products (e.g.
debt, derivatives, structured product) Knowledge of Access, Linedata, RiskMetrics, Bloomberg would be appreciated Previous exposure to illiquid asset class (Real Estate, Private Equity, Infrastructure) would be an asset Education level : Master's Degree Work experience : 5-
7 years Start contract date : 11-02-19 Contract duration : Undefined