About this role
Senior Risk Officer Responsibilities (how we will measure success) As a Senior Risk Officer, you work in autonomy with the clients and funds that have been allocated to you and you supervise the deliveries of Junior Risk Officers and Risk Officers. That means: - You master the risk management framework: policies, procedures obligations of the risk management function; - You know when and how any potential breaches, conflicts, complains shall be escalated to your line manager. Tasks (what does the role do on a day-to-day basis) • Implement, maintain and improve the policies and procedures pertaining to the risk management function, covering all types of risks the managed funds are exposed to. • Assist in identifying applicable risk types, proposing measurement methodologies and limits. • Support the development, monitoring, and updating of risk profiles for all AIFs under management, ensuring alignment with investment strategies and regulatory standards. • Perform pre-trade investment compliance controls. • Monitor and regularly review the adequacy of risk indicators. • Prepare and review quarterly risk management reports for the AIFs. Report material risk issues, breaches, and emerging risks to senior management, risk committees, and governing bodies, and ensure appropriate remediation actions are taken. • Collaborate with the onboarding team to assess risks of new products and projects, ensuring business growth aligns with the firm's risk appetite. • Review Annex IV (AIFMD) reporting and ensure timely filing. • Advise internal and external stakeholders on complex risk management matters and regulatory developments affecting Luxembourg investment funds. Key behaviours we expect to see In addition to demonstrating our Group Values (Authentic, Bold, and Collaborative), the role holder will be expected to demonstrate the following: • Team spirit • Communication skills • Action oriented • Customer focus Requirements • Master/Bachelor in Finance or an equivalent degree • 3+ years professional experience in a Risk Management related function • Profound knowledge in Annex IV Reporting will be considered as a plus • Entrepreneurial mindset • Good communication skills • Writing and analytical skills • Understanding of the Luxembourg fund industry and regulations • Strong understanding of various illiquid investment strategies (Private Equity, Real Estate, Infrastructure and Private debt) • Good knowledge of an IT language considered as an asset (VBA, SQL, Python, …) • Fluent in English; additional language would be considered as an asset