Non-Financial Risk Manager (f/m/d)
Published on 02/09/2024
Clearstream, part of Deutsche Börse Group
Your area of work:
Clearstream Fund Centre Risk Management is responsible for measurement, controlling and reporting of operational, business, liquidity, market, and credit risks of the Clearstream Investment Funds Services (“CFS”) Segment. In your primary role as Non-Financial Risk Manager, you will drive and participate in the non-financial risk identification, measurement, controlling and reporting process. You will coordinate non-financial risk activities such as Outsourcing and Information Security with other 2nd LoD units. You will report the non-financial risk profile of the different entities within the CFS Segment as well as in a consolidated view to the CRO. Furthermore, you will be constantly looking for possibilities to optimize and automatize processes within the risk management function covering all legal entities in scope.
Your responsibilities:
- Supporting the identification, measurement, monitoring and reporting of the non-financial risks which CFS may be exposed to including its participants and their clients as well as other financial parties and systems
- Lead the execution of the yearly risk assessment process for CFS
- Supporting the business units with the development of risk scenarios and corresponding risk indicators, as well as with review and reporting of the risk profile.
- Developing, maintaining, and enhancing risk concepts, policies, and procedures
- Provide trainings to employees regarding risk culture and risk concepts
- Periodic and ad hoc reporting of the non-financial risk exposure as well as related losses and issues
- Contributing to the implementation and execution of relevant regulations (Basel III, CSSF, CRR, etc.)
- Conducting the risk assessment and advising the business units regarding the implementation of new products and services, outsourcing arrangements, and IT-Risk matters
- Explaining complex concepts to experts and non-experts using analytical skills, creativity, critical thinking, and the ability to see the big picture
Your profile:
- University degree in Finance, Business Administration, Risk Management, or related field.
- Minimum of 3 years of experience in risk management, with a focus on non-financial risk.
- In-depth understanding of Luxembourg and EU laws and regulations related to risk management.
- Knowledge of local and European risk management principles, regulations, and standards.
- Strong analytical and conceptual skills, with the ability to identify problems and propose solutions.
- Strong team player with the ability to work independently on complex projects.
- Enjoy working in an international and diverse team environment.
- Proficiency in written and spoken English; additional language skills are an asset.
