Job title: Risk Manager
Job type: Permanent
Emp type: Full-time
Industry: Asset Management
Salary type: Annual
Location: Luxembourg, Luxembourg
Job published: 2020-02-14
Job ID: 32179

Job Description

For the AIFM Management Company of a globally renowned and in Luxembourg well-established PE house we are searching for an experienced and broadly versed (quantitative and qualitative (regulatory)) Risk Manager.


The inhouse Risk Management function is responsible for looking at the risks of the AIF as well as the risks at portfolio companies level and of the AIFM. The Risk & Regulatory Manager role is to support the Conducting Officer Risk Management and Manager Risk & Valuation in meeting the objectives of the Risk Management function. The role is reporting to the Manager of Risk & Valuation.


Your responsibilities:

Risk Policies and Governance

  • Support the Manager of Risk & Valuation in the implementation and execution of the risk management reporting and relevant governance measures as required by the CSSF
  • Assist the periodic updating of the AIFM’s and the AIFs’ risk and liquidity management policy and implementing procedures, processes, techniques and measurement
  • Assist with the review and update of the AIFs’ risk profiles
  • Interact with relevant service providers (e.g. third-party internal auditors)
  • Preparation and drafting of monthly risk report and update for the Management Committee (details below)
  • Preparation and drafting of quarterly risk report and update for the AIFM board (details below)
  • Contribute to the preparation of annual risk report for the AIFM board (details below) and for the CSSF
  • Maintain the AIFM risk register including additions and updates


Risk Monitoring & Reporting

  • Production of materials used in the risk reporting including risk measurement and benchmark against risk limits
  • Contribute to the risk-related components of the annual reporting required by the CSSF
  • Assist the Manager of Risk & Valuation in monitoring and ensuring that assets of the AIF remain in the thresholds from the constitutive documents and applicable legal provisions
  • Support the Manager of Risk & Valuation in obtaining relevant financial and other metrics, required for the production of risk reporting at the level of the AIFM
  • Assist in updating key metrics generated by other departments used in quarterly risk reporting for the AIFs (GPE IX-A, GPE IX-D, GPE IX-E, GPE IX Strategic Investors, AGT-A, LAPEF VII, LAPEF VII-A, LAPEF VII-B & LAPEF VII-C):
  • Market risk metrics
  • Credit risk metrics
  • Funding risk analysis
  • Liquidity risk analysis
  • Operational risk analysis
  • Regulatory and legal risk analysis
  • Support the Manager of Risk & Valuation in preparing of the annual risk report for the AIFM board


Investment Approval Process:

  • Ensure that investment restrictions are properly captured and documented in the risk criteria and dedicated tracking spreadsheet


New Product Process:

  • Support in the review and update detailed risk profiles and risk appetite for the AIFs under management
  • Assist in establishment and monitoring of risk profiles and risk appetite for the AIFs under management


General Support

  • Ad hoc support to the team


Your profile:

  • Fluent English speaker
  • Good quantitative skills
  • Good listening skills
  • Excellent verbal and written communication skills, with the ability to build relationships across the business, operating with all levels of management
  • Team player with a positive attitude, able to build effective working relationships
  • Highly organized, with good personal time management
  • Prior experience in similar role would be welcomed
  • Dependable and discreet
  • Ability to deliver high quality work, on time, each time
  • Ability to work autonomously on own tasks, whilst working in a team environment
  • Ability to work under pressure with flexibility to adapt to shifting expectations
  • Familiarity and experience with MS Office (Outlook, Excel, Word and Power Point)
  • 5-7 years of experience


Could this be the right opportunity for you? Please do not hesitate to send your CV to David Kitzinger to be considered for this recruitment process. Your application will be treated with the utmost discretion.