KR Recruitment Luxembourg are pleased to be able to assist this Luxembourg based Financial Institution in their efforts to find a Risk Manager.
The Risk Manager will manage important parts of the business, within different sections. The Risk Manager will need to challenge and mentor a team, as well as internal clients. The Risk Manager will therefore have an excellent knowledge of the Luxembourg funds and Banking industry, be quite adept at service delivery, as well as an ability to adapt to changing client needs.
Ovrsight and development of all Risk frameworks, limits and parameters
Maintain Risk related policies(such as BCM), procedures and documentation
Monitor and review Risk reporting (liquidity, stress tests, VAR reporting etc.), research and escalate breaches working closely with the Portfolio Management teams, as needed
Prepare reporting on Risk Monitoring and results for use by the different business units, boards of directors and other governance structures
Provide support (including preparation of materials) to the Investment Committee and board functions of the Bank, and similar work to assist the Board and Management Committee
Assist in the implementation of oversight controls to ensure Fund Compliance with regulatory requirements (UCITS, AIFMD etc.)
Point of contact for regulators to include the CSSF and the BCL
Monitor industry developments on Risk Management
Lead/participate in projects and working groups on risk related changes and issues
At least seven years demonstrated career progression in Risk Management(particulary Operational), across all asset classes and financial instruments. Previous supervisory experience is absolutely essential
Extensive knowledge of Risk Reporting and measures e.g. Value at Risk (VaR), related stress and back tests and simulations
Working knowledge of the CSSF and CBI requirements for all parts of the business
Attention to detail and outstanding analytical skills
An undergraduate degree, ideally with a mathematical or statistical bias
Fluent English, with any other European language constituting an advantage
Ability to multi-task, identify, research and resolve unfamiliar issues
Strong organizational skills with ability to prioritize multiple projects/issues
KR Recruitment Luxembourg are pleased to be able to assist this Luxembourg based Financial Institution in their efforts to find a Risk Officer.
The Risk Officer will closely with the Risk Manager to identify risks to all parts of the business. The Risk Officer will need to have an excellent knowledge of the Luxembourg funds and Banking industry, be quite adept at service delivery, as well as an ability to adapt to changing client needs