Junior Risk Officer

Job Description

Responsibilities (how we will measure success)

As a Junior Risk Officer, you demonstrate commitment and engagement to learn the Luxembourg alternative investments’ landscape, alternative investment strategies and the risk management framework. You are able to produce the key deliveries of the function under supervision.

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;
• Define, implement and maintain the risk profile for each managed funds in line with the risk management policies and procedures;
• Ensure prompt reporting to any relevant parties of actual or potential breaches of risk limits identified and ensure appropriate corrective actions are taken;
• Ensure on a timely basis the proper key risk metrics calculation and regulatory reporting (such as Annex IV) and regularly assess the adequacy for those risks indicators;
• Produce and present the risk analysis and reporting to your team, or any other instances should it be required such as risk committees, investment advisors and governing bodies (i.e. board of directors, senior management, etc);
• Support and give advices to our clients and delegated investment managers for matters related to risk management and regulations applicable to Luxembourg investment funds;
• Ensure the risk review of illiquid investments is implemented prior to the transaction;
• Assist the onboarding team in assessing the risks of new contemplated products and projects, ensuring business growth is in line with the risk appetite;
• Actively contribute to analyzing impacts of new regulations on the risk management activities for funds and for the company.
• Review, challenge, and ensure consistency of the assets’ valuation of the managed funds with the internal valuation policy and prepare the valuation committee accordingly.