Working time
Type of contract
Spoken languages
Professional experience
Educational level
Responsabilities:
- Keep up to date the Financial Risk Management Framework (Policies and Procedures for credit, market, and liquidity risks)
- Lead the implementation of new regulations (i.e. CRD VI, CRR III) and CSSF circulars, working together with the Deputy CRO, CRO and external advisors when required
- Lead the yearly Model Risk methodology review, assessing existing models for Operational/Non-Operational Deposits for LCR purposes, CVA and stress testing (credit, liquidity -incl. reverse/back testing- operational stress testing, IRRBB and CSRBB), assisted by the CRO and external advisors
- Prepare applications for the approval of credit, market and settlement risk limits. Review the system set-up and monitor the proper use of approved limits
- Produce the yearly Business Recovery Plan (BRP) Internal Capital and Liquidity Adequacy Assessment (ICLAAP), Pillar III disclosures and Risk Management Report
- Draft materials, decks and presentations for the monthly Credit & ALM Committee, drafting of minutes and getting committee member’s approvals
- Together with his/her colleagues, monitor quantitative regulatory ratios (capital adequacy, LCR, NSFR, Leverage, MREL, Large Exposures), escalating breaches and ensuring compliance with the Risk Appetite Statement
- Assist his/her supervisor on replying CSSF requests and BCL/ECB supervisory reviews
- Act as a back-up of her/his team members involved in Financial Risks monitoring
Your profile:
- University degree in Finance, Banking or Risk Management. FRM, CFA or Master degree desired.
- Minimum 10 years of experience in Financial Risk Management held in a financial institution or asset management firm in Luxembourg or in a EU country
- Strong knowledge of CSSF circulars (12/552 as amended) and EU regulation (Basel IV)
- Very good writing skills for drafting regulatory reports
- Familiar in using data and metrics derived from FINREP, COREP and ALMM reports
- Advanced profiency in the use of Excel Macros, SQL and Power BI
- Fluent in English
