One of our clients, an international Bank, based in Luxembourg, is looking for an Operational Risk Associate to join the Risk Management Department.

You will take part in the development and implementation of the Operational Risk Management Framework.

The position is suitable for a candidate that has at least 3 years’ experience within an Operational Risk, Enterprise Risk, Internal Control position either in the Banking or Fund industry in Luxembourg.

Our client offers a professional and stable international working environment with a long-term perspective.

Your Responsibilities

• Analyse the operational risk incidents
• Reporting on the status of the operational risk of the bank
• Support in the preparation of the ICAAP report
• Take part in projects related to the Risk department

Your profile

• Degree in Finance / Economics
• At least 4 years’ experience within an Operational Risk, Enterprise Risk, Internal Control position either in the Banking or Fund industry in Luxembourg.
• Fluent in English, written and spoken
• You have good analytical and reporting skills
• Good knowledge MS Office applications
• You have excellent written and verbal communication skills
• You have the ability to work in an international professional team, looking for a long-term commitment in a stable environment

On occasion, an offer of employment may be subject to a verification check. In this case, a potential employer may ask you to provide documentation to support your application, this can include copies of educational achievements, international criminal record checks, reference checks, employment history etc.

Could this be the right opportunity for you? Please do not hesitate to send your CV to Saskia van Rijswijk at saskia.vanrijswijk@andersonwise.com to be considered for this recruitment process. Your application will be treated with the utmost discretion.  

We take your privacy as our utmost concern and we manage your data with the highest degree of confidentiality.

Before applying to any of our opportunities, we invite you to read our privacy policy, available on our website.

Our Client is a trusted provider of independent depositary services to authorised fund managers, They are seeking an experienced professional to help lead regulatory strategy and technical risk oversight across their growing Depositary and Funds business.

Your areas of responsibility:

• Collaborate with CRO, CCO, senior management, and the board to develop and implement a comprehensive regulatory risk strategy and framework.
• Lead the Company’s approach to complex regulatory matters, maintaining proactive communication with local regulators.
• Represent the Company at industry forums, advocating for key regulatory positions and business interests.
• Take an active role in client meetings, discussing regulatory strategies and market developments.
• Support client engagement initiatives and contribute to the development of new product offerings and regulatory change implementation.
• Interpret regulatory developments, advise on compliance, and communicate updates effectively across the business.
• Oversee discretionary matters in Luxembourg, including investigations, breaches, and suspension events in coordination with the EDD team.
• Provide regulatory support and training to internal teams, helping implement change and uplift projects.
• Lead a second-line risk team, with a focus on improving regulatory controls and delivering robust oversight.
• Develop and manage key regulatory metrics (KRIs, RAS) and ensure consistent governance reporting to risk committees and joint depositary forums.

Your profile:

• Strong experience in the funds industry, with a deep understanding of collective investment schemes.
• Proven expertise in regulatory frameworks and depositary bank responsibilities.
• Strategic thinker with excellent analytical and problem-solving capabilities.
• Strong communication skills with the ability to engage confidently with clients, stakeholders, and regulators.
• Proven ability to build collaborative internal and external relationships.
• Resilient under pressure, able to manage multiple initiatives while maintaining high standards.
• Committed to knowledge sharing and supporting the development of regulatory understanding across the business.

Could this be the right opportunity for you? Please do not hesitate to send your CV to Andrew Notter at andrew.notter@andersonwise.com to be considered for this recruitment process.

Your application will be treated with the utmost discretion.

When using our services, our clients require that we introduce candidates already in possession of a valid Luxembourg work permit. If this is not your case, we regret to inform you we will not be able to consider your application.

We take your privacy as our utmost concern, and we manage your data with the highest degree of confidentiality. Before applying to any of our opportunities, we invite you to read our privacy policy, available on our website.

We are an equal opportunity recruitment firm and welcome candidates from all backgrounds to apply