Risk Management Analyst MUR143 Greenfield is pleased to be representing an investment management company. To support their local Team, they are looking for a Risk Management Analyst will be responsible for Risk Management activities for the AIFM in Luxembourg.
The person will be part of the permanent risk management function, under the responsibility of a conducting officer in charge of risk management.
They will participate in developing and providing the Risk oversight framework, together with the related execution of Risk programs in support of the International business and the overall Risk function while ensuring an effective communication with the conducting officers and the board of directors on a regular basis.
This is a great opportunity for someone willing to join a dynamic Private Equity house, willing to broader their skills on the risk area.
The ability to engage and deliver on key risk initiatives is critically important. The Role : Finalising the design of the risk management framework (as now determined by Circular 18 / 698), under the responsibility / supervision of the conducting officer in charge of risk managementPartake in effectively implementing the Risk Management framework, policy and Risk Management processes for private equity funds and the AIFM;
Receive and analyse certain financial, risk and performance data from other parts of the group and third-party service providers, such as central administrators;
e.g. EMIR, potentially AML)Undertake regular risk and control reviews on all funds to assess compliance with their risk profile;
Assessing risk profile of each fund’s investment strategy and where relevant or appropriate, propose risk limits, to be approved by the Board of the fundsMonitor risk parameters against established limits, and research and escalate breaches;
Implement the annual risk management plan and thematic risk reviews;Collecting information on the assets (e.g. from portfolio manager and portfolio companies, etc.
Computing and monitoring KRIs and investment restrictionsPerform regular stress testing on AIFsAssist in ensuring compliance with regulatory and legal standards (at Luxembourg and European level) in the field of risk managementEnsure that each investment position of the funds and their overall effect can be properly identified, measured, managed and monitored on an ongoing basis;
Manage the operational risk issue and incident management process, take action and prevent reoccurrence;Partake in providing reporting on risk monitoring results to the management committees and boards;
Reporting to the board of directors of the AIFMPreparation of Risk Reports for the Management Committee and assisting with the preparation of reporting for the AIFM Board;
Facilitate the embedding of a culture of risk management within the office; Fostering a compliance culture and optimizing relations with regulatorsAct as the point of contact for the Luxembourg Regulator (CSSF) and be responsible for the preparation and despatch of all required risk related reports to the CSSF Your Profile : Five years of relevant work experience and demonstrated career progression in risk management;
Proficient understanding of financial markets and fund operations;Strong previous exposure to day-to-day monitoring;Sound grasps of Private Equity and AIFMD regulations, and of CSSF and requirements for funds and management companies;
Extensive knowledge of risk measurement systems and conceptsExcellent verbal and written communication skills in English, French and / or German;
Strong fit with the firm’s cultural tenets of inclusivity, collaboration, accountability, and collegiality If you are interested in this position or would like to discuss other roles that we are currently recruiting for, please forward your CV in English to Muriel Newton by applying online.
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