Risk Officer

Bank, Bank Operations, Compliance / Risk
Bank / Fund Administration, Private Equity / Real Estate / Asset Management
Salary negotiable
Excellent Banking environment
Contract Type:

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