This department interacts with the Company's structures and the risk management functions of our client, during all phases of the products' structuration and of the investment process, analyzing and providing the parameters of risk for the managed portfolios.
The Oversight Risk Manager will be responsible for the oversight of activities performed by delegates, with a specific focus on the NAV calculation oversight. As part of the NAV Oversight activity, he/she will be required to monitor the service quality provided by the fund administrator, and to participate to regular (monthly/quarterly) meetings/service reviews with the fund administrator.
Providing her/his independent view / insights of key accounting risks affecting our client portfolios Promoting sound NAV oversight practices and enhance risk and control culture Supporting the team to ensure successful management of all the oversight risk matters Complete accounting assessments of potential new investments, identifying key risks and potential mitigating factors, in order to assess their overall impact on the funds' accounting practices Participate in the periodic review of all risk policies and procedures, ensuring compliance with the obligations laid down in the UCITS/AIFMD Review and validation of the AIFs (Real estate/Debt funds) NAV calculation Risk assessment of delegates, identification of operational and regulatory risks, incidents management, follow up and implementation of remedial actions Dealing with daily queries and/or issues from delegates, auditors, clients and Management, including the preparation of ad-hoc analyses and reporting
At least of 5 years of experience in a fund oversight function within a management company, or an experience in a managerial position within a fund administration department in Luxembourg Strong knowledge of financial products, fund accounting, alternative funds, custody and transfer agency Solid experience in operational risk Fluent in English language, both written and spoken; the knowledge of French or Italian is considered a plus Team-player with a real motivation to succeed, solutions oriented, Hands-on, curious, flexible Excellent communications skills, both verbal and written Ability to work under pressure while maintaining high qualitative standard