Risk Manager/Senior Manager

Title Risk Manager/Senior Manager

Department      Luxembourg Risk Management

Location Luxembourg

Reports To       Director Risk, Luxembourg

Level Manager / Senior Manager

We're proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join the First Line Risk team and feel like you're part of something bigger.

About your team :

This role is part of the Luxembourg Risk Management function which is the business risk arm of our three lines of defense in Fidelity supporting and advising our businesses in achieving their risk and regulatory objectives. Comprising of business and risk professionals it operates globally within our Investment Solutions & Services Businesses. The function provides proactive support and guidance to management and staff across business and operational areas, to ensure that risks are effectively identified and managed in accordance with the enterprise-wide risk management framework.

The Luxembourg Risk team fits within the Global Risk function and is responsible for management of all aspects of financial and non financial risk for the local legal entities, including information security and technology risk.

About your role :

The role is to provide risk management leadership and support to the Continental European business and its senior management, ensuring effective management in accordance with Fidelity's risk management framework and within Group Risk Appetite. This role supports the oversight over all risk types (financial and non-financial) across the local entities and the local fund ranges.

• Through strong stakeholder management provide risk management support and insight to the business, helping them to fully understand their risk profile;
• Support business scenario planning exercises as required and ensure that these are carried out on a timely basis;
• Ensure risk data is effectively captured and maintained and appropriate controls, risk appetite measures and key risk indicators (KRIs) are in place;
• Coordinate major incident and events and ensure that appropriate escalation takes place and mitigation activities are actioned. Provide analytical commentary and insight including oversight and analysis of risk event reporting;
• Carry out risk-based analytical reviews and provide assurance to the business, as required. Provide advice and guidance during material change programmes to ensure that controls are embedded in processes from the outset
• Provide meaningful and value-add risk and control reporting to the regional committees and senior management which includes communication on the status of key risks and their respective remediation programs in the business and regulatory initiatives;
• Proactively review existing practices and recommend risk solutions in consideration of good customer journeys and outcomes; 
• Conduct active read across of issues, events and build standardisation and consistency in approach and outputs;
• Support risk management training and education to increase risk awareness of good risk management practices in the business.
• Actively guide and in some cases lead business thinking on major transformation programmes

About you :

• Experience in working in a Risk Function within an asset management or financial services firm. Previous experience of DORA and/or operational resilience are preferred but not a strict requirement.
• Efficient and comfortable with large data sets, strong analytical and problem-solving skills.
• Strong stakeholder engagement and communication skills with the ability to engage with internal and external stakeholders, including the regulators, to address regulatory inquiries and provide necessary information and explain risk succinctly and in non-technical terms.
• Flexible, approachable and respond rapidly to changing business needs as well as having a dedication to deliver high quality standards.
• Fluent in English, any other EU language would be a plus.

Feel rewarded :

For starters, we'll offer you a comprehensive benefits package. We'll value your wellbeing and support your development. And we'll be as flexible as we can about where and when you work – finding a balance that works for all of us. It's all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit

For more about our work, our approach to dynamic working and how you could build your future here, visit