Banque Internationale à Luxembourg (BIL) is one of the largest banks in the Grand Duchy and offers retail, private, corporate and institutional banking as well as treasury and financial market services.
We are focused on Luxembourg and select international markets, and on a long-term value creation by empowered individuals and teams.
Most of BIL's 2000 employees work at the headquarters in Luxembourg city : the centralized setup promotes swift , agile decision-making and enabling BIL to offer clients innovative solutions for their changing needs.
BMI is a market-leading independent management company domiciled in Luxembourg, providing a one-stop regulatory solution for global investment managers.
Staffed by highly experienced portfolio and risk managers, BMI is best positioned to provide premium 3rd party AIFM services for the financial, real estate, infrastructure and private equity asset classes.
BMI is looking for a highly motivated individual with knowledge in the Luxembourg fund industry to strengthen its Risk Management team and reporting to the chief risk officer.
As a senior risk manager, you will be responsible for a wide range of activities :
Implement, maintain and improve the policies and procedures pertaining to the risk management function, covering all types of risks the managed funds are exposed to;
Define, implement and maintain the risk profile for each managed funds in line with the risk management policies and procedures;
Ensure prompt reporting to any relevant parties of actual or potential breaches of risk limits identified and ensure appropriate corrective actions are taken;
Ensure on a day to day basis the proper implementation of the global exposure calculation;
Perform the measurement, monitor and regularly assess the adequacy for all risks indicators (VaR, leverage, stress testing, liquidity risk, etc);
Produce and present the risk analysis and reporting to risk committees, investment managers and governing bodies (i.e. board of directors, senior management, etc);
Support and give advices to our clients and delegated investment managers for matters related to risk management and regulations applicable to Luxembourg investment funds;
Prepare the risk review of real assets’ investments to be presented to the investment committee;
Assist the onboarding team in assessing the risks of new contemplated products and projects, ensuring business growth
Actively contribute to analyzing impacts of new regulations for the risk management function.
Must Have Requirements
Your profile :
Master’s degree in finance / economics or similar fields;
A minimum of 5 years of relevant experience in similar role;
Strong understanding of the Luxembourg fund industry, the UCITS and AIFs regulations;
Strong understanding of Private Equity / Real Estate asset classes;
Good knowledge of an IT language considered as an asset (VBA, SQL, )
Fluent in English. Any additional language will be considered as an asset.
Personal Skills :
Ability to be autonomous and rigorous
Flexibility in working on multiple tasks
Nice To Have Requirements
Any other language is seen as an advantage