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.
Development of all Risk frameworks, limits and parameters
Maintain Risk related policies(such as BCM), procedures and documentation
Identify and monitor of all 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 Business Unit and board functions of the Bank, and similar work to assist the company
Assist in the implementation of oversight controls to ensure Fund Compliance with regulatory requirements (UCITS, AIFMD etc.)
Monitor industry developments on Risk Management
Assist in projects and working groups on risk related changes and issues
At least four 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 funds and the related management companies
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
For a confidential discussion regarding this role, please send us your CV in the first instance, or call Aidan O'Sullivan on 27 85 30 29.
KR Recruitment is a leading executive resourcing company based in heart of Luxembourg city. Offering a flexible range of recruitment services, we specialise in sourcing the best talent for the Financial Services & Commercial / Industrial sectors. Visit our website at www.krrecruitment.com