RISK MANAGER ASSET MANAGEMENT (AIFs) (M / F)
DO Recruitment Advisors is representing a large asset manager in their search for a Risk Manager with experience on alternative investment funds.
THE ROLE :
Reporting to the CRO & Conducting Officer, your principal accountabilities will be :
Review and update the risk management process and policy of the AIFs including liquid and illiquid assets.
Responsible for the AIFM / AIFs regulatory risk reporting.
Review of fund documents, legal agreements from risk perspective to make sure they are in line with AIFM law, product law and asset management.
Support the Conducting Officer responsible for risk management in the day to day duties.
Produce, review and analyse market, liquidity, counterparty, credit and operational risks reports on a regular basis.
Escalate issues / concerns to senior management and report such results.
Provide oversight of the Investment Managers (IMs), local risk teams in relation to the regular risk reporting, including validation of the IMs compliance with the risk policy and Luxembourg regulations applicable to AIFs.
Provide support to the Conducting Officers in their day to day management.
Support the growth agenda of the asset manager.
Identify and manage risks introduced through change, including new investment fund products and new projects / initiatives.
Briefing of senior executives including assessment of material risks to the business and adequacy of mitigation / remediation plans in respect of those risks
Implement risk management policies and procedures
Produce and review the risk reports on market, credit, counterparty, liquidity, operational and compliance risk for liquid and illiquid AIFs.
Escalate issues, breaches, excesses, inconsistencies.
Enhance the oversight on the local IM and the monitoring performed in terms of risk management.
Implement a sound and robust risk management framework for AIFs.
Monitoring of the investment restrictions limits oversight. Follow up with the IM for the regularization of breaches.
THE CANDIDATE PROFILE :
University / master degree in Business / Economics / Finance / Risk Management.
A minimum of 5 years' relevant professional experience in Funds industry or in a Management company with focus on Risk Management.
Candidates must have strong Investment Risk experience with exposure to Alternative Investment Funds.
Very good technical skills in financial risk management and financial instruments.
Strong analytical, communication and relationship skills.
Knowledge of alternative investment funds risk management and local / European risk regulatory requirements.
We value experience in private debt, private equity and real estate.
Knowledge of the Luxembourg fund industry including the AIFM environment and risk regulatory requirements.
Well organised and able to work independently.
Forward looking and business orientated.
Good IT skills.
Fluency in English is mandatory, both written and spoken. Other languages would be an advantage.
OUR CLIENT :
Our client is a large asset manager, based in Luxembourg
At the final stages of the recruitment process, the successful candidate can be asked to provide supporting documentation such as, for example, copies of diplomas or proof of previous jobs, and a standard criminal record check might also be requested.