Assistant Risk Manager

il y a 2 jours

Luxembourg, Luxembourg DO Recruitment Advisors Temps plein

ASSISTANT RISK MANAGER (M/F)

DO Recruitment Advisors is delighted to assist our client, a multinational company, in the recruitment of an Assistant Risk Manager for its Luxembourg office, joining a diverse and inclusive team in an international and informal environment.

This is a challenging and exciting opportunity to join the corporate office of leading UK based financial services group providing a wide range of banking and financial services, passionate about personal and commercial customers.

We have an outstanding opportunity, a diverse and inclusive team based in Luxembourg, and to work in an international and informal environment.

Note that this Assistant Risk Manager role is embedded within the business and will report to the Chief Operating Officer based in Luxembourg.

The role includes all aspects of the management of Regulatory/Prudential, Conduct and Operational risks for the run-off of the business, including periodic reviews of recurrent activities and oversight of non-recurrent projects.

You will be responsible for the delivery of a broad range of high quality support to the company in the area of internal control and risk management.

You will proactively promote the risk culture through which business management will recognise and apply effective risk management as an essential busniess process.


THE JOB :

  • Be the supporting the overall owner of the risk management function for both conduct (including AML-CTF) and non financial (including operational) risks,
  • Contribute to the development of a risk culture that demonstrates our values and awareness of the importance of aligning with our risk appetite framework, policies and statements, meets and exceeds our goals for treating customers and all other stakeholders fairly, facilitates the delivery of customer, shareholder and colleague objectives,
  • Report into COO (with a dotted line into Chief Risk Officer ("CRO") to ensure your independence in performing your risk management function and, where necessary, to contribute to the drafting of prudential reports) and assist them in:
  • Manage and support project activities, including risk identification, assessment and management in order to ensure they are delivered on time, within budget and scope and to quality expectations,
  • Implement and improve the Risk Management Framework ("RMF"),
  • Monitor overall adherence of the companyto this RMF, corresponding risk management policies / statements and associated requirements,
  • Provide timely and accurate core and dynamic risk reviews / enquiries,
  • Oversee, monitor and challenge risk control self assessments (including Continuous Product Monitoring of Customer Fair Value in the context of the Product Risk Evaluation Process), use test surveys, etc, both within and outside the Company / Group,
  • Give the company and the group colleagues of the Insurance, Pensions and Investments Business Unit ("IP&I") feedback on risk management performance within the company's operations and outsource providers by sample checking self assessments, risk events/losses and promoting the timely and accurate reporting of risk data,
  • Analyse the data received on both dynamic and emerging risks that you help identify,
  • Undertake and lead the preparation and delivery of monthly and quarterly reports to Management Committee and Board of Directors to provide them with early warnings on issues and risks identified,
  • Interpret upcoming regulations and internal Group requirements in order to support the development of appropriate strategies to manage, monitor and control risk,
  • Contribute to monitor and maintain compliance on a continuous basis with Economic Crime Policy, understanding risk exposure of and how the legal, regulatory and internal policy AML/CTF and financial sanctions frameworks apply to the company and subcontractors, as well as other operational risk management policies across the company and subcontractors, ensuring continuous compliance with associated regulations and internal requirements,
  • Where necessary, liaise with and notify the Company's CRO and relevant IP&I colleagues,
  • Suggest and deliver, where appropriate, practical actions to protect the company's business at all times as well as advice and guidance to remedial actions and associated implementation schedules,
  • Improve risk management and control standard processes, so as to ensure an appropriate balance between profitability and risk (proportionality principle), promote the effective and efficient / optimum use of Group resources, and allow management to oversee the effective implementation of the proposed solutions,
  • Assess, challenge and oversee when required new specific business proposals, providing critical analysis and recommendations to support decision making by senior management,
  • Enable the Board and Management members to discharge their duties

THE CANDIDATE PROFILE :

  • Detail/process oriented person with experience in database management, carrying out checks and general administration
  • Bachelor/Masters degree in Economics, Finance, Risk management or similar fields.
  • Around 4 years of relevant experience in Luxembourg and / or other EU jurisdictions (preferably within another life insurer, bank, investment or consulting company),
  • Good understanding of the economics and functioning of Luxembourg life insurance undertakings, including Solvency II Pillar II requirements, European and Luxembourg insurance risk management frameworks, Financial crime legal, regulatory and statutory requirements,
  • Understand the nature of emerging risks and the rationale and potential impacts for the company of upcoming laws / regulations,
  • Willingness to act as a point of reference on technical and procedural issues to ensure conduct and prudential risk management requirements are satisfied on a continuous basis, and to manage and recommend changes to systems, processes and working practices in order to achieve operational improvement,
  • Openness to learn and improve relevant processes and procedures in own areas of responsibility, including interpretation and application of best practices,
-
Proficient/Fluent in English is essential, any other language would be a plus (French, German, Luxembourgish or Italian)

  • Excellent analytical, organisational and communication skills,
  • Excellent time management and prioritizing skills required to address a large number of requests within set deadlines,
  • Good command of MS Office tools (Word, Excel, Powerpoint, Outlook, etc.)
and Adobe, Access is a plus,

  • Openness to discover, learn and use specific IT Tools for risk management or other purposes,
  • Able to demonstrate key behavioural capabilities including ownership, proactivity, teamwork, agility.
  • Must have a valid work permit/right to work in Luxembourg at the time of application

THE CLIENT:
Our client is a reputable insurance company, part an international group that is located in Kirchberg, Luxembourg.

At the final stages of the recruitment process, some of our clients could ask the successful candidate to provide supporting documentation such as, for example, copies of diplomas or proof of previous jobs, and a standard criminal record check might also be requested.

  • Operations Risk Analyst

    il y a 2 semaines

    Luxembourg, Luxembourg Redstone Legal, Risk and Compliance Search Temps plein

    Job Reference:RS0990Job Reference:RS0990Job Title:Operations Risk AnalystLocation:EuropeArea:Other, Softs&AgricultureRole:Operations&Logistics, Risk ManagementRedstone Legal, Risk & Compliance Search focus on offering 360° search solutions across the globe for our prestigious client base. With our competitive coverage of Banks, Private Banks, Boutiques,...

  • Threat Manager

    il y a 2 semaines

    Luxembourg, Luxembourg AT-RISK International Temps plein

    DESCRIPTIONThe Workplace Incident Management (WIM) Threat Manager is part of the Corporate WIM team and is responsible for supporting Corporate WIM across Europe, the Middle East. The Threat Manager will assess physical security threats and conduct workplace investigations related to threats of violence, suicidal ideation, physical and verbal assault,...

  • IM Risk Management Assistant Manager

    il y a 4 semaines

    Luxembourg, Luxembourg Deloitte Luxembourg Temps plein

    With more than 120 partners and 2,300 employees, Deloitte Luxembourg is one of the Grand Duchy's largest, strongest and oldest professional services firms. For 70 years, our talented teams have been serving clients in various industries delivering high added-value offerings to national and international clients in audit and assurance, consulting, financial...

  • IM Risk Management Assistant Manager

    Il y a 2 mois

    Luxembourg, Luxembourg Deloitte Luxembourg Temps plein

    With more than 120 partners and 2,300 employees, Deloitte Luxembourg is one of the Grand Duchy's largest, strongest and oldest professional services firms. For 70 years, our talented teams have been serving clients in various industries delivering high added-value offerings to national and international clients in audit and assurance, consulting, financial...

  • Assistant Manager-market Risk

    il y a 2 semaines

    Luxembourg, Luxembourg Bank of China (Europe) S.A. Temps plein

    M- Posted by Mengxing Li RecruteurAs part of Risk Management Department, the Market & Liquidity Risk team is responsible for assessing and monitoring the financial risks such as:Interest Rate Risk in the Banking Book (IRRBB) and Credit Spread Risk in the Banking Book (CSRBB);Liquidity Risk (2rd Line of Defence) ;Market Risk in Trading Book;Counterparty...

  • Assistant Manager/manager in Governance, Risk and

    il y a 2 semaines

    Luxembourg, Luxembourg KPMG Temps plein

    Find your purpose at KPMG LuxembourgWe see a world of opportunity. From uncovering ways to digitalize, to enabling new sectors to take off, to building sustainability and resilience into economies, we know insights reveal new opportunities for all.We are diverse and dedicated problem solvers, part of the worldwide network of high-quality audit, tax and...

  • Assistant Liquidity Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg Bank of China Luxembourg Temps plein

    Company DescriptionAs a Luxembourg-incorporated bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg has been successfully operating and continually developing its business over the years, and has contributed to the local and worldwide economic and social development. With 45 years of expertise and experience in...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg abrdn Temps plein

    Job DescriptionJob Title: Risk Manager UCITS /Financial AIFsLocation: LuxembourgDepartment / Team: Risk Management LuxembourgBusiness Unit / Division: Investment RiskReports to: Senior Risk Manager LuxembourgROLE DEFINITION:The Risk Manager will form part of the Risk Management team and will assist the Senior Risk Manager to ensure that aILSA has a fully...

  • Risk Management

    il y a 2 semaines

    Luxembourg, Luxembourg SOFITEX Temps plein

    For one of our clients, a European Institution located in Luxembourg Kirchberg, Sofitex Talent is currently looking for an: Risk Management - Operational Assistant Purpose: The successful candidate will bring operational support to the Financial Operations Unit ("FO")Operating network:The incumbent will report to the Head of the Financial Operations Unit and...

  • Risk Management

    il y a 1 mois

    Luxembourg, Luxembourg SOFITEX Temps plein

    For one of our clients, a European Institution located in Luxembourg Kirchberg, Sofitex Talent is currently looking for an: Risk Management - Operational Assistant Purpose: The successful candidate will bring operational support to the Financial Operations Unit ("FO")Operating network:The incumbent will report to the Head of the Financial Operations Unit and...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg Apex Group Temps plein

    Risk ManagerLocation: Luxembourg city, LuxembourgDate Posted: Apr 11, 2023DescriptionThe Risk Manager is a regional member of the Risk Function, responsible for the local implementation of, and compliance with, the APEX Risk Management Framework.The Role & Key Responsibilities Manage BRC / client risk acceptance by providing fair evaluation, deep analysis...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg LRI Invest S.A. Temps plein

    Location: Luxembourg city, LuxembourgDate Posted: Apr 11, 2023DescriptionJob descriptionRole 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...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg BlackRidge Group Temps plein

    Job Information:Work Experience 45 ansIndustry Financial ServicesContact NumberCity LuxembourgCountry LuxembourgProvince LuxembourgPostal Code L1911As Risk Manager, you will be reporting to the Head of Risk & Compliance. You will be responsible for maintaining and developing the Risk Management & Compliance Framework (RMCF) and its various governance...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg BCT Resourcing Temps plein

    Risk Manager - ReinsuranceLuxembourgCompany client is exclusively helping a leading independent reinsurance group to find their new Risk Manager to be based in their Luxembourg office.The Risk Manager will assist the Chief Risk Officer (CRO) with the activities of the Risk Function, providing a second line of defence oversight of the business to support the...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg IQ-EQ Temps plein

    Company DescriptionIQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide.Job Description:As a Risk Manager, you work in autonomy with the clients and funds that have been allocated to you...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg Select Luxembourg Temps plein

    Organisation and department descriptionOur client is a prominent financial institution, acknowledged for its proficiency and dedication in delivering top-notch solutions and services to clients across the globe.Job descriptionFacing a constant growth, they are looking for aRisk Manager.The role will provide opportunities to gain experience and exposure to...

  • Risk Management

    il y a 2 semaines

    Luxembourg, Luxembourg SOFITEX Temps plein

    de l'entrepriseSofitex Talent RecruitmentFort d'une expérience de plus de 30 ans dans les Ressources Humaines, Sofitex est un réseau international de Travail Temporaire et de Placement en CDI. Sofitex fonde sa dynamique et son succès sur le professionnalisme de ses équipes, sa forte réactivité et sa proximité.Description de l'offreFor one of our...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg Marks Sattin Temps plein

    Acting as the day-to-day risk support for management; Participating to the maintenance of the risk and controls selfassessment; Assisting the Risk Conducting Officer in the risk management monitoring of the AIFs managed by Luxembourg, as well as reporting to the Board of the AIFM and to the Board of the AIFs. Assisting the Risk Conducting Officer in the...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg JCW Resourcing Temps plein

    Posted:24/04/2024Salary:Location:Luxembourg,, LuxembourgJob Type:Permanent/Fixed TermKey responsibilities: Plan, design, and implement comprehensive risk management processes for the Company. Identify, monitor, and report on various risks including market, credit, operational, and cybersecurity risks. Ensure compliance with internal and external regulations...

  • Risk Manager

    il y a 2 semaines

    Luxembourg, Luxembourg PATRIZIA Real Estate Investment Management Temps plein

    PATRIZIA:A leading partner for global real assetsAs Risk Manager (M/F/d) you will play a key role within the risk management team in Luxembourg.Your responsibilities: Identify, measure, mitigate, monitor, and report all type of risks, including mainly market risk, credit risk, operational risk, and liquidity risk As part of the 2nd line of defense,...