We are not your average financial services firm and our unique culture is just one aspect that makes us stand out from the crowd. We offer a supportive environment that encourages innovation and creativity whilst maintaining a healthy lifestyle balance. You will be joining one of Europe's leading Investment Management firms where you can expect real responsibility and recognition from day one. We are large enough to offer a wide variety of career opportunities, whilst small enough to treat you as an individual and tailor training and development to your specific needs.
About M&G Luxembourg S.A.
M&G Group has had a presence in the Grand Duchy of Luxembourg since 2002. This business comprises a Real Estate AIFM and a number of Luxembourg domiciled funds. A programme is underway to convert the AIFM to a Super Management Company ("Super ManCo") responsible for managing all of M&G's EU domiciled products and services across a wide range of asset classes. A separate Luxembourg based firm will be appointed by the Super ManCo as distributor of funds and services via a network of European branches.
An opportunity has arisen for a Risk Officer to take the lead risk analysis role over specified M&G fund mandates or franchises and the provision of risk input to business wide initiatives. The role will require, inter alia, working directly with our fund managers, investment specialists and product development teams.
You will be responsible for:
* Review fund reports on market and liquidity risk analysis, highlighting exceptions to tolerance levels and proposing actions to remediate the issue. * Provide independent portfolio risk analysis, to ensure the funds are managed within the investment risk guidelines * Identify fund risks characteristics and monitor in accordance with defined limits. * Work closely with portfolio risk managers to ensure that investment positions and risk budgets are consistent with client benchmark/risk tolerances. * Support the identification, assessment and monitoring of operational risks by using, applying and developing tools such as Risk and Control Self-Assessment, Key Risk/Performance Indicators, Internal/External Loss Events and Scenario Analysis. * Produce operational risk reporting for business stakeholders, senior management and risk committees. * Deliver a clear, comprehensive risk reporting for use by various committees and Boards. * Review of risk disclosures in fund documentation * Participate in the preparation and update of CSSF submissions. * Responsible for identifying and fulfilling regulatory requirements applicable to their role * Maintaining own professional competence * To have an understanding and commitment to the principles of TCF in order to deliver the best results to customers. * Liaise with fund's stakeholders such as investment managers, administrators, auditors, etc.
What we are looking for:
It is essential for you to have a good knowledge of the Luxembourg AIFM and UCITS legal & regulatory framework, in particular with regards to the risk management requirements. Experience across Fixed Income, Equity, Multi-Asset and Real Estate business is preferable with a good level of experience in Risk Management. A Risk based qualification such as GARP's FRM or FRM or PRMIA's PRM would be an advantage as would relevant post graduate studies. You will be an energetic and solutions based team player who is willing to help and support colleagues, along with being self-motivated and detail orientated. A create and pragmatic approach is essential with a capability of meeting clients needs. Good communication and analytical skills as well as the ability to manage projects is required. It is also essential for you to have strong PC skills and knowledge of risk systems for UCITS and/or AIF. You must be fluent in English (written and spoken) and knowledge of German and/or French would be considered as an advantage.
M&G is committed to a diverse and inclusive workplace. Our role as an employer is very simple - to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.
We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.