Operational Risk Manager M/F
Published on 06/11/2024
Amundi Investment Solutions
Amundi, the leading European asset manager, ranking among the top 10 global players*, offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets. This offering is enhanced with IT tools and services to cover the entire savings value chain.
A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €2.15 trillion of assets.
With its six international investment hubs, financial and extra-financial research capabilities and longstanding commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi clients benefit from the expertise and advice of 5,500 employees in 35 countries.
Amundi Luxembourg is looking for its Risk Department for a
Operational Risk Manager – CDI, full-time (m/f/d)
In this role:
The Risk Manager will primarily cope with risk related tasks in relation to our UCITS and AIFMD fund business to ensure compliance with the regulatory and internal guidelines, in order to identify, monitor and report on an ongoing basis all risks related to our funds. The Risk Manager has to perform the daily business tasks in accordance with the current practice, assist in project related tasks and deal with special requests/tasks. The goal is to ensure a high quality across the whole risk measurement process and to identify, report and implement areas for improvement.
For this particular role, the main area of involvement and expertise required is in the area of operational risk. The successful candidate will work closely with the various business units to:
- identify, monitor and mitigate the company’s operational risk,
- coordinate and perform effective oversight on outsourced essential services,
- engage in the resolution and root-cause analysis of operational incidents.
Additionally, the role involves providing support to the daily monitoring of investment compliance guidelines as well as coordinate audit related matters such as the fund’s external audit process and any due diligence request for clients or custodians.
Duties and responsibilities:
- Support the Head of Risk Management and the other team members as required
- Ensure correct execution of the daily business and the risk reporting
- Monitor the funds’ risk in line with regulatory and Group internal requirements (UCITS, AIFMD)
- Ensure accurate documentation of processes and reporting to Senior Management, Board of Directors and Regulator
- Ensure adequate reporting of all Risk Management related topics to the Board of Directors, relevant Committees, Senior Management and local Regulator.
- Perform risk analyses in all areas covered by the Risk department
- Support the development, implementation and maintenance of efficient controls in all areas covered by the risk management department
- Support projects and ad-hoc requests/tasks in the area of Risk Management
- Support due diligence activities on delegated risk management activities
- Liaise with internal and external Auditors
Profile:
- Good understanding of the various operations performed and interaction between business-units within a Management Company.
- Good communication, problem solving and analytical skills
- Capable to support the implementation and effective execution of short- and medium-term plans
- Ability to work under pressure and to cope with multiple deadlines in an efficient and structured way
- Practical problem-solving attitude
- Strongly motivated and intellectually curious
- Good business understanding
Qualification:
- University Degree (finance, mathematics or similar) and relevant professional experience
- Minimum of 2-5 years of experience in the banking/financial sector
- Good knowledge of the Luxembourg fund industry as well as the local UCITS & AIFMD regulation
- Knowledge of professional risk management systems and best market practice regarding standard risk measures & models
- Fluent in English, with any other major European language being an advantage
- Excellent practical knowledge of MS Office suite (Excel, Access, Word, PowerPoint)
If you are interested in a challenging job at a dynamic international company, do not hesitate to send us your English application (detailed curriculum vitae and motivation letter).