KR Recruitment is delighted to be recruiting a Risk Manager for this established Private Equity House based in Luxembourg City. This role will manage the launch of a new AIFM fund in 2017.
Development of fund risk frameworks, limits and parametersMaintain risk related policies, procedures and documentationMonitor and review risk reporting (liquidity, stress tests, VAR reporting etc.), research and escalate breaches working closely with the portfolio management teams, as neededPrepare reporting on risk monitoring and results for use by the management committees, boards of directors and other governance structuresProvide support (including preparation of materials) to the Conducting Officer and board functions of the Luxembourg Management Company, and similar work to assist the Board and Management Committee the company.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 CBIMonitor industry developments on risk managementLead/participate in projects and working groups on risk related changes and issues
At least 4 years demonstrated career progression in investment risk management, across all asset classes and financial instruments. Extensive knowledge of risk measures e.g. Value at Risk (VaR), related stress and back tests and simulationsDemonstrated aptitude with at least one of the following programming languages: SAS, R, VBA, Matlab, C, or SQLSome experience in Private Equity is desirableWorking knowledge of the CSSF and CBI requirements for funds and the related management companiesAttention to detail and outstanding analytical skillsAn undergraduate degree, ideally with a mathematical or statistical biasFluent in English. French is good to have.Ability to multi-task, identify, research and resolve unfamiliar issuesStrong organizational skills with ability to prioritize multiple projects/issuesSelf-starter with the ability to work with minimal supervision
KR Recruitment is a leading executive resourcing company based in the 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