Operational Risk Officer
Published on 23/11/2024
AXIS Group
Description
- Assist in day-to-day tasks, communicate effectively with team members, and provide any necessary support to ensure the smooth running of operations within the department.
- Pay close attention to detail and accuracy in executing daily business activities and reporting on risks faced by the funds, in compliance with regulatory requirements.
- Stay updated on regulatory guidelines such as UCITS and AIFMD, monitor risks faced by the funds, and ensure adherence to both external and internal risk management standards.
- Maintain accurate documentation of processes and risk reporting for transparency and accountability to Senior Management, Board of Directors, and regulatory bodies.
- Provide comprehensive and timely reports on risk management topics to the Board of Directors, relevant committees, Senior Management, and local regulators.
- Perform thorough risk assessments across all areas under the purview of the Risk department, highlighting potential threats and proposing mitigation strategies.
- Assist in developing, implementing, and maintaining robust controls to manage risks effectively within the organization.
- Contribute to ongoing projects and handle ad-hoc requests within the Risk Management domain to ensure all tasks are completed efficiently.
- Support due diligence processes related to delegated risk management activities to ensure compliance with regulatory requirements.
- Coordinate with internal and external auditors, providing necessary information, and supporting audit processes to ensure transparency and compliance.
Profile
- Good understanding of internal processes and collaboration between divisions within a management company.
- Excellent communication, problem-solving, and analytical skills.
- Ability to support the execution and successful implementation of short- and medium-term plans.
- Ability to work under pressure and handle multiple deadlines in an efficient and structured manner.
- University degree in finance, mathematics, or a similar field, along with relevant professional experience.
- At least 2 to 5 years of professional experience in the banking or financial sector.
- Good knowledge of the Luxembourg fund industry and local regulations regarding UCITS and AIFMD.
- Knowledge of professional risk management systems and best market practices concerning standard risk measures and models.
- Fluent in English, with the knowledge of another major European language being an advantage.
- Excellent practical knowledge of the MS Office suite (Excel, Access, Word, PowerPoint)
Offer
Our client is offering you a permanent contract in an international environment.