Role Purpose

The person in charge of the Permanent Risk Function is responsible for the independent oversight of all risks related to the AIFs under management and the Management Company. The role requires as a well strong regulatory and compliance dimension, ensuring full adherence to AIFMD, CSSF regulations, and internal governance standards. The function operates independently from portfolio management and contributes actively to the firm’s risk culture and regulatory dialogue.

Main Responsibilities

Risk Governance & Framework

• Define, implement and maintain the risk management framework in line with AIFMD and CSSF requirements

• Ensure proper segregation of duties and alignment with governance standards

• Update policies and methodologies in line with regulatory developments

Risk Monitoring & Oversight

• Identify, assess and monitor key risks: market, liquidity, credit, leverage, operational risks

• Define and track KRIs and risk limits

• Monitor breaches and escalate issues to senior management

Portfolio & Liquidity Risk

• Perform regular portfolio risk reviews

• Oversee liquidity risk management, including stress testing and redemption monitoring

• Assess risk implications of investment strategies and structures

Stress Testing & Analysis

• Conduct stress testing, scenario and sensitivity analysis

• Assess portfolio resilience and propose mitigation actions

Reporting & Regulatory Interaction

• Prepare and present risk reports to senior management and Board

• Contribute to regulatory reporting and audits

• Act as a key point of contact during regulatory inspections

Compliance & AML Support

• Work closely with Compliance on regulatory topics and governance matters

• Support AML/CFT processes from a risk perspective

Profile & skills

• 3+ years of experience in Risk and/or Compliance within an AIFM, ManCo or regulated environment

• Strong knowledge of AIFMD, CSSF regulations and risk governance frameworks

• Experience in a Permanent Risk Function or similar role is a strong asset

• Strong analytical mindset with the ability to challenge and influence stakeholders

• Excellent communication skills, including Board-level reporting

• Autonomous, proactive and detail-oriented

Recruitment Process Notice

We are dedicated to promoting a fair and inclusive hiring process, where each application is assessed solely on merit, qualifications, and professional experience. We do not tolerate any form of discrimination and aim to ensure equal opportunities for all candidates.

As part of the final steps of the recruitment process, the selected candidate will be required to provide supporting documentation, including copies of diplomas and employment certificates. In addition, a criminal record extract (bulletin no. 3) will be requested for review purposes.