Risk Management Associate

Our client is seeking an Associate to join their Europe Funds Risk Management function. This division is responsible for developing and implementing risk management processes to monitor, assess and manage risks that may have an impact on our clients European funds. The successful candidate will be an integral member and will be expected to product best-in-class materials. You will also participate in specific risk projects and in the ongoing enhancement of the risk management function. 

KEY RESPONSIBILITIES INCLUDE BUT ARE NOT LIMITED TO:

Risk Management

Support in the AIFs, SMAs and AIFM risk management duties and tasks, including:

• Supporting senior risk officers in the drafting of risk management procedures and policies, and risk

profiles

• Supporting senior risk officers in the review of AIFs’ offering documents from a risk management

perspective

• Collaborating closely with Risk Officers on risk management monitoring and reporting

• Collaborating closely with BEFM Risk Officers and local teams on the post trade investment

compliance monitoring process and reporting

• Liaising with our client’s teams to collect relevant documents, reporting and data to support the risk

management function

• Assisting in the deal review process

• Assisting in preparing risk management related presentations to the management committee and

Boards with regards to AIFs managed by our client’s Risk function

• Coordinating with both internal and external teams to deliver accurate, timely and robust risk

analyses

•Overseeing the AIFs' pre-closing asset ownership verification process

• Supporting the annual due diligence process over internal and external providers (depositary banks,

IT, etc.)

Oversight of Depositary Banks

• Assisting in the initial and periodic due diligence on Depositary Banks appointed by the AIFs

• Oversight of Depositary Banks activities including safekeeping, recordkeeping, ownership

verification of assets, cash flow monitoring and other oversight duties

Reporting

• Coordinating with both internal and external teams on regulatory reporting and review the accuracy

and completeness of provided information (AIFMD Annex IV, AIFMD annual reports, CSSF CRE,

etc.)

• Overseeing the quality of service received from external service providers, keep track of and

follow-up on incidents and implement KPIs

Qualifications and Experience:

• University degree in Finance, Economics, or similar discipline

• 3 to 5 years’ experience in the investment fund industry with a strong focus on alternative

investments and/or risk management

• Broad understanding of the different alternative asset classes and instruments

• Ability to work effectively in cross-functional collaborations

• Fluent in English, both written and oral, and any other language will be considered as an asset

• Excellent communication skills

• Team player with resourceful mindset and efficiency-driven

• Ability to multi-task and execute a wide range of assignments and strong time management skills

• Great attention to details and accountability for delivery, highly organized

• Ability to act autonomously and know when to escalate matters when appropriate