Senior Risk Analyst Vacancy, based in Luxembourg
Role Definition :
To ensure the activity of Aberdeen Standard Investments S.A. ( ASIL ) are conducted ensuring full risk management coverage of the Luxembourg UCITS funds and Fixed Income, Multi Assets and Equity AIFs managed by ASIL domiciled in other European countries, which are subject to the risk management requirements of the Alternative Investment Fund Managers Directive
The Senior Risk Analyst will assist the Risk Manager to ensure that ASIL has a fully functioning risk management framework and is compliant with all risk management principles, policies and rules and other applicable risk management regulations.
Assist the risk Manager on ensuring that the Management Company’s Risk Management Process ( RMP ) addresses all risks to which the funds are exposed and that the document is maintained and up to date;
Assist the risk Manager on defining the risk profile of each UCITS / AIF, which takes into account all risks that may be material to the UCITS / AIF, and maintaining a system of internal limits consistent with this risk profile;
Database management, code and build the necessary macros to ensure that the data from the group data warehouses and other service providers feeding into our reports is accurate and complete
Responsible for the production of the daily investment risk reporting from Sungard APT risk system and RiskMetrics , performing commonality checks, limit-based checks for the funds and investigation of any report issues detected and liaison with the Investment Risk team, where required;
Oversight of the backtesting reports and any follow up on discrepancies or issues that may arise;
Oversight of the stress test reports and any follow up on discrepancies or issues that may arise;
Oversight of Liquidity risk and liquidity stress test reports and any follow up on discrepancies or issues that may arise;
Working with the Investment Risk team on development and evolution of appropriate stress test scenario testing for the funds;
Assisting the Risk Manager on the development of new Investment Risk reporting for the funds and also development of risk reporting to the Board of Directors of the Management Company and the Boards of the funds;
Assisting the Risk Manager on the production of regulatory reporting in relation to the UCITS / AIFs managed by AGS
Monitoring operational risks impacting both the funds and ASIL and support the Management Company on its Risk and Controls Self-Assessment (RCSA)
Acting as a helpdesk for both internal and client related queries relating to Investment Risk on the Luxembourg funds, responding to risk-related RFPs and assistance on ISDA due diligence reviews;
Event reporting including root cause analysis and significant event report drafting for the Management Company Reporting;
To represent Aberdeen in local industry forums and associations and when required to liaise with external parties on any matters arising from the above duties and responsibilities, such as legal advisors, business partners, auditors or regulators.
Role Specific Skills and Knowledge :
2-4 years’ experience working on investment risk and knowledge on Fixed income, Equity, Multi-asset strategies subject to UCITS and AIFM regulations
Solid understanding of investment funds, with a focus on UCITS across different types of asset classes.
Strong IT and analytical and detail oriented skills;
Proficient in Microsoft Excel. Development experience in VBA and SQLFamilarity with, or knowledge Bloomberg Terminal. Knowledge of MSCI RiskManager would be an advantage.
Team player; ability to work in a multi-cultural / international environment;
Ability to set priorities and respect deadlines;
Able to work independently but also flexible and adaptive to a changing work environment;
Fluent in English. Other languages would be an additional benefit .
University degree or similar education;
GARP Financial Risk Manager (FRM) or equivalent (e.g. CFA) would be an additional benefit.