Head of Fund Risk

Employer
Pictet & Cie Luxembourg
Location
Luxembourg
Salary
Competitive
Posted
Feb 14, 2019
Closes
Mar 22, 2019
Job Function
Other
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors

Pictet is an investment-led service company, offering wealth management, asset management and related services. We do not engage in investment banking, nor do we extend commercial loans. We are a partnership of seven owner managers and our principles of succession and transmission of ownership have remained unchanged since foundation in 1805. With more than CHF 509 billion in assets under management or custody at 31 December 2017, Pictet is today one of the leading Europe-based independent wealth and asset managers.

Headquartered in Geneva, Switzerland and founded there, Pictet today employs more than 4,200 people. It has 27 offices in: Amsterdam, Barcelona, Basel, Brussels, Dubai, Frankfurt, Geneva, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Montreal, Munich, Nassau, Osaka, Paris, Rome, Singapore, Stuttgart, Taipei, Tel Aviv, Tokyo, Turin, Verona and Zurich.




 

Mission

 

As part of the Risk & Compliance Department, and reporting directly to its head, you will be mainly responsible for conducting risk-monitoring activities (covering market, liquidity, credit/counterparty and operational risks), as well as investment restriction controls.

 

Responsibilities

 

The team's duties include the following:

 

  • Responsibility for implementing limits for the different types of investment funds (mainly UCITS and AIF).
  • Interpreting and monitoring investment restrictions and policies as defined by law, regulations and contracts for different funds.
  • Carrying out a daily analysis and monitoring of risks of the limits fixed for risk monitoring and/or compliance with investment restrictions.
  • Involvement in producing and communicating indicators, risk analyses, possible overruns and executive summaries to the various stakeholders (FPS Europe Executive Committee, fund managers and Boards of Directors).
  • Maintaining contact with fund managers, outside management companies or internal clients as well as with auditors (both internal and external).
  • Taking part in different projects that involve the team, in particular those dealing with control tools used by the team.

 

As a team head, you will responsible for leading the team, managing its IT projects and supervising and training its staff.

 

Profile

 

Qualifications and experience:

 

  • University degree (BAC+4/BAC+5) in Finance, Economics, Risk Management and/or Mathematics/Statistics.
  • Five to seven years' proven experience in asset management or risk management in the investment fund industry or with a banking institution.
  • Proven experience of managing a team.
  • A diploma such as a CAIA, FRM or CFA would be a plus. 

     

Specific knowledge:

 

  • In-depth knowledge of the different businesses involved in the investment fund industry (custodian bank, transfer agent and fund administration), of financial products (in particular derivatives) and of financial markets, as well as of risk management techniques.
  • Knowledge of activities relating to monitoring compliance with legal and regulatory provisions and investment restrictions (CSSF procedure 2002/77).
  • Knowledge of quantitative financial concepts (Value-at-Risk, Greeks, stress testing, tracking errors, etc.).
  • In-depth knowledge of alternative strategies in private equity, real estate and infrastructure.

 

Language skills:

 

  • Written and spoken fluency in French and English.
  • Knowledge of German would be an asset.

 

As the chosen applicant you will show initiative and pay close attention to the quality of your work. You will also have outstanding interpersonal skills and be able to cope with stress. Your flexibility as far as your working hours and your capacity to work as part of a team are concerned will also be appreciated.

 

Note

 

We will not accept any CVs via agencies




Profile:

As the chosen applicant you will show initiative and pay close attention to the quality of your work. You will also have outstanding interpersonal skills and be able to cope with stress. Your flexibility as far as your working hours and your capacity to work as part of a team are concerned will also be appreciated.

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