Operational Risk Manager Operational Risk Manager …

Eurolux Consulting Ltd
in Luxembourg, Luxembourg, Luxembourg
Permanent, Full time
Last application, 27 May 20
70,000 - 100,000
Eurolux Consulting Ltd
in Luxembourg, Luxembourg, Luxembourg
Permanent, Full time
Last application, 27 May 20
70,000 - 100,000
Eurolux Consulting Ltd
Our client, a global investment company, is looking to increase the competencies in their Risk Department by hiring a Manager to take responsibility for the risk and compliance functions across the business. Focusing on Alternative investments, the company will look to the “Risk Manager” to coordinate and lead risk and control self-assessments, maintain and update ‘control’ documentation, seek solutions to minimise risk and raise awareness of risk issues within all business areas.

Our client offers a collaborative environment where colleagues are encouraged to share ideas, help others, offer solutions and ideas and promote a proactive approach to the business. We have partnered with this company introducing individuals into different business units for over 3 years, so we understand their ethos and company culture, we know their senior management team and are confident to present their firm to those job seekers whom we are looking to help.

You will gain the opportunity of joining a company that genuinely cares about the wellbeing of their staff, they have a large training budget and are careful to employ the right people who will contribute positively to the atmosphere.


Summary of responsibilities:

  • Implement and maintain risk framework
  • Conduct RCSA across business units
  • Encourage department to ‘own’ the risk in their teams – provide training and risk awareness
  • Implement controls and improvements
  • Assess vendors and provide due diligence
  • Develop compliance procedures
  • Ensure teams are aware of their duties in order to remain compliant to the relevant laws and regulations
  • Liaise with external auditors and contribute to internal audit reviews


Experience Needed:

  • Business degree
  • Risk or compliance professional qualifications would be appreciated
  • Fluent business level English is essential
  • A minimum of 7 years in risk and compliance
  • Good knowledge of the Luxembourg regulations
  • Experience of risk management tools
  • Prior experience of running RCSAs is very helpful
  • Be proactive, have influence, engage with others positively, good team spirit


If you are interested in this position, please apply as a priority!   


All applications are handled in the strictest confidence, and your data is never shared with any third party without your express consent. 


EuroLux Consulting specialises in recruiting experienced professionals for the thriving Luxembourg financial and legal services market.  We have a large network of highly skilled professional candidates and we collaborate with some of the highest calibre clients in the market.

Eurolux Consulting has been working in the Luxembourg market for over a decade.  We are committed to being market-leading experts, and indeed, our director has over 18 years’ experience recruiting within the Luxembourg market. Our clients include banks, asset managers, ManCos, law firms, trust & corporate services companies, private equity firms, real estate management companies, investment companies, fintech and consulting companies, all based in Luxembourg.

We will consider each application and we will contact you if your profile may be a good fit for our client. By sending your CV, you are consenting to Eurolux reviewing and processing your data for the purpose of the recruitment process.  If you do not consent to that, do not send us your CV.  

Please note that we cannot respond to every application.   If your profile is strong but not quite right for our client’s current need, we may keep your CV on our internal database, and contact you when we have an interesting role that suits your profile and may be of interest.  If you do not want us to do that, please let us know.

Our specialities: Fund Administration/Fund Accounting, Transfer Agency, Legal, Risk, Compliance, Client Onboarding, AML/KYC, Regulatory Compliance, Client Services, Relationship Management, Internal Audit,  Financial Accounting, Investment Control, Product Development, Product Management, Business Development, Project Management, Programme Management, Business Analysis, Fund Law, Corporate Law, Finance.

Asset classes include: traditional funds, alternative funds (regulated and unregulated), hold.co.s, Lux co.s, (UCITs, UCIs, OEICs, SICAVs, SIFs, SICARs, SICAFs, RAIFs, SPVs, SPFs, SCSp, Sarl, SA…)

If you require assistance in job seeking or information about the Luxembourg job market, please get in contact via tel: +352 27 86 67 20, or please go to https://www.euroluxconsulting.com/