Risk Manager – UCITS & AIF

Risk Manager – UCITS and Liquid AIF

Luxembourg

EUR 75,000 – 85,000 + Bonus

Introduction:

Our client is a leading global Asset Management and 3rd Party Fund Management firm with a large established super ManCo in Luxembourg.

Job description: 

Be part of the Risk Management team of the Management Company, reporting directly to the Conducting  Officer in charge of Risk Management
Ensure that the Risk Management Process addresses all risks to which the funds are exposed
Perform initial and ongoing risk assessments for each fund managed
Assist in performing the day-to-day risk monitoring, including the calculation of risk-based exposures and limits, as well as stress testing and back testing (when applicable)
Participate in producing regular and ad-hoc risk-related reports to regulators, for Senior Management and Board of Directors of the Management Company, outlining the current level of various risks incurred by each and any actual or foreseeable breach to their limits
Participate in various projects focused on implementing/enhancing risk measurement tools used in the Management Company and setting up reports for internal and external usage
Support the monitoring of investment compliance of the funds under management
Keep track of and follow up on incidents linked to UCI Administrators
Assist in undertaking both initial and ongoing due diligence on UCI Administrators and Depositary, including review of documentation received and reporting of findings
Assist in the review of the quality of service received, including, without limitation, independent checks on  the accuracy of NAV calculations and funds’ financial statement review, and ensure that issues are  appropriately identified and addressed
Ensuring follow-up on the detected improvement points and proper escalation to the governing bodies if needed
Assist in the organisation of the various Committees necessary within the framework of the Management Company’s activity (UCI Administration Oversight, Pricing & Valuation, Fund Financial Statement Review): meeting requests, preparing the agenda and gathering supporting documentation, drafting minutes, and follow-up on the action points
Assist in the preparation of reports to the Board of Directors of the Management Company and the Funds’ Board  of Directors
Assist in the preparation of invoices for services rendered to the funds
Participate in proactive identification of potential risks in processes/structures
Support more junior members of the team by providing them guidance, coordinating their work and  sharing knowledge
Assist in the analysis and implementation of regulatory changes (CSSF Circulars, UCITS, AIFMD, ESMA  guidelines)
Be involved in various internal projects.

Candidate Profile:

Academic degree in finance, economics, mathematics or equivalent
Professional qualifications (CAIA, CFA, FRM) would be considered an advantage
3-5 years of experience in the Luxembourg fund services industry, preferably within an Asset Management Company (UCITS V and AIFM)
Experience in UCI Administration (TA, FA, Pricing & Valuation, Investment Compliance, Fund Financial Statement preparation/review) and Depositary/Custody activities would be a significant advantage

Tagged as: investment funds, risk manager, ucits