Conducting Officer (CO) - Risk

Coller Capital, founded in 1990, is one of the world's leading investors in the secondary market for private assets. The firm provides liquidity solutions to private markets investors worldwide, acquiring interests in private equity, private credit, and other private markets assets. In January 2021, the firm closed Coller International Partners VIII, with committed capital (including co-investment vehicles) of just over $9 billion and backing from over 200 of the world’s leading institutional investors. In February 2022 the firm closed Coller Credit Opportunities I, with committed capital (including co-investment vehicles) of c.$1.4 billion and backing from over 30 institutional investors.

Working with fellow COs in Luxembourg and reporting to the Board of Managers, you will foster strong relationships with a wide range of stakeholders, both within the Coller Capital group and externally, to deliver best in class supervision, oversight and reporting in respect of all risk management arrangements for the AIFs managed by the AIFM.

This role has a broad a broad remit. In collaboration with the AIFM’s other COs, you will be responsible for the set-up, and ongoing management of the newly formed AIFM. The role ensures the Risk function is set up and organised to provide oversight of the AIFs managed by the AIFM through all stages of their lives; ensuring that relevant risk areas are identified, documented, monitored, tested, and mitigated. Your role will also entail managing operational risks of the AIFM itself, as well as oversight and ongoing management of the AIFM’s IT and Finance functions. While you will be based in Luxembourg, your role will involve working collaboratively with functions and teams in Coller Capital’s London head office. Specific tasks will include the following:

Set-up

• Drafting and review of risk management policies and procedures, both in relation to AIFs managed by the AIFM, and operational risks at AIFM level.
• Designing a risk management framework for AIFs managed by the AIFM; this includes documenting significant risk areas/limits, as well as defining and carrying out appropriate ongoing testing.
• Identifying and setting up appropriate risk management systems as appropriate in light of the AIFs’ and the AIFM’s risk profiles, including implementation of consistent KPIs across AIFs.
• Working closely with the AIFM’s Investment Advisor and the AIF’s external Administrators to agree information flows and form oversight review procedures.
• Developing, preparing and performing reporting to the AIFM’s Board of Managers, the Boards of Managers of the AIFs’ GPs, the CSSF, and the AIFM’s Investment Advisor, as applicable.
• Working with Coller’s Group IT and Finance functions to establish suitable support operations for the AIFM.

Ongoing operation

• Ongoing identification, testing, documentation and mitigation of all risks; assessing their likelihood and impact.
• Supervise and monitor implementation of best practice, and continuous improvement.
• Awareness/testing of any changes to AIF risk profile, including any changes to law/regulation and ensuring that changes are implemented at the AIF to manage same.
• Key point of contact for all Risk related matters; producing required reporting to the CSSF.
• Implementation of the decisions of the Board; implement improvements to the Portfolio Management function.
• Coordination with other COs of all work within the AIFM, particularly around valuation and compliance risks, and ongoing reporting to the Board of Managers.
• Ongoing oversight and liaison with the Coller group around the IT and Finance at the AIFM.

Essential experience:

• Post graduate degree in Finance, Economics or similar field from university or business school.
• At least 7-10 years of relevant experience within a private equity asset manager, or AIFM.
• In depth knowledge of AIFMD, private equity transactions, and fund lifecycles.
• Direct experience in Risk Management, ideally within a Fund of Funds type strategy.

Desirable experience:

• Experience in one of the Top 10 firms or within a PE firm/Asset Manager
• Experience working within a secondaries, or Fund of Fund environment or for debt / credit funds.
• Experience working alongside regulators, administrators and other third-party providers.

Competencies:

• Excellent interpersonal skills; able to create, develop and maintain strong business relationships with internal and external stakeholders
• Ability to work collaboratively in a growing, fast-paced environment and manage multiple priorities within deadlines
• Ability to take responsibility for significant areas of work and deliver with minimal supervision showing an accountable and proactive approach
• Demonstrate an ability to assimilate and adapt quickly to new knowledge and concepts
• Ability to problem solve and bring solutions to influence decision-making
• Ability to identify efficiencies and work collaboratively to drive change
• Demonstrates a positive attitude; places value on and contributes to a collaborative and supportive team culture

We are widely acknowledged as an innovator at the complex end of secondaries and with offices in London, New York, Seoul and Hong Kong, Coller has truly global reach. We are committed to advancing ESG initiatives and driving change across the private markets sector. Coller Capital has been awarded an A+ rating by the UNPRI across the board since 2018 and achieved climate neutral status in 2019. The Firm is a signatory of FAIRR, the Farm Animal Investment Risk and Return Initiative created by the Coller Foundation. Coller Capital was a founding signatory on ILPA’s Diversity in Action initiative and we actively partner with Out Investors. We are committed to fostering a diverse and inclusive environment where individuals can develop their talent and express themselves as part of a high achieving team. As investors, we value diverse perspectives, backgrounds and experience and actively look for these qualities in candidates. Our investment team alone benefits from over 20 different nationalities.

Please let us know if we can make any reasonable adjustments at interview in order to fully support and promote your talent.