Risk Manager

il y a 1 semaine


Luxembourg, Luxembourg LRI Invest S.A. Temps plein

Location:
Luxembourg city, Luxembourg

Date Posted:
Apr 11, 2023

Description
Job description

Role summary:


The Risk and Control Manager (R&CM) is a regional member of the Risk Function, responsible for the local implementation of, and compliance with, the APEX Risk Management Framework.


The role is a collaborative business partner, supporting the Managing Director and respective Risk Country Head, in proactively managing risk by identifying, assessing and reporting both risk and controls (adequacy and effectiveness).

The R&CM provides timely, accurate and insightful risk MI and briefings to senior management in the region that enables the business to effectively manage their material risks to within the Group's risk appetite.

The role reports directly to the Regional Head of Luxembourg, Business Risk Management.

Key responsibilities:

  • Manage BRC / client risk acceptance by providing fair evaluation, deep analysis and recommendation;
  • Review and challenge client risk assessment where necessary onboarding of a new Client / Fund and the impact to market reputation, financial performance, ESG, liability and / or credibility risk Etc.
  • Conduct deep risk assessments to define and analyze possible risks;
  • Monitor, analyse and report financial and nonfinancial risks;
  • Ensure effective implementation of the ERM framework;
  • Risk monitoring and Review of the Local Risk Registers;
  • Review the various risks identified via the multiple trackers by the local office;
  • Oversee risks associated with people, processes, systems and external events;
  • Monitor sound practices to help ensure risk is managed and measured in an effective and consistent manner;
  • Develop risk management controls and systems;
  • Design processes to eliminate or mitigate potential risks;
  • Review appropriate policies and procedures in alignment with the Group policies and procedures, have been defined, documented and adhered to;
  • Evaluate existing policies and procedures to find weaknesses;
  • Manage Risk Committee, improve Local/Group Risk reporting and the automation;
  • Incident Reporting and effective Oversight;
  • Involve on Enterprise risks tool solution and on transversal projects;
  • Evaluate employees' risk awareness and train them when necessary;
  • Outsourcing monitoring and effective oversight to develop and enhance;
  • Regulatory watch.
Job requirements

Skills / experience:

  • Proven experience as Risk Manager in Fund industry, administration and/or Management company with 5 years at least;
  • Knowledge of risk assessment, methodology and control;
  • Strong risk analysis background;
  • Familiarity with SPF industry standards and Risk regulations;
  • Comprehensive understanding of Risk Management tools and techniques, with experience in Risk roles. A relevant industry recognized qualification or membership is preferable;
  • Proven record in implementing Risk Management tools and techniques in a pragmatic way to suit that of the business, ensuing a global approach can be implemented locally;
  • Proven record of providing support, guidance, oversight, and challenge to both Senior Management and junior staff, with the ability to adjust communication and influencing skills accordingly;
  • Ability to build relationships at all levels and be flexible;
  • Selfmotivated and delivery focused able to balance the needs of Risk Management goals with those of a growing, commercially focused business;
  • Knowledge and experience of applicable laws, regulations and business practice is desirable;
  • Strong computer and research skills knowledge of analysis software is preferred (e.g. SAS, Python, macro,etc.);
  • Analytical mind with problemsolving aptitude;
  • Excellent communication, professionalism and presentation skills;
  • Enthusiasm Being positive, facing challenges with solutions and interacting with others positively;
  • Accountability Takes responsibility and ownership for their actions in all matters relating to both clients and teams.
  • As Apex Group is a financial organisation, all new employees will be required to undergo a criminal record check._

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