Consultant Risk - Regulatory Compliance

Luxembourg, Luxembourg
An attractive salary + package
Aug 15, 2019
Sep 14, 2019
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
As a Medior / Senior Consultant you (a) implement new strategic developments and / or (b) improve current processes in the area of Regulatory Compliance.

You work as a member of our team of talented individuals with a broad range of analytical and technical skills.

Your responsibilities may include various stages in the project cycle, a.o.:
  • Quality management of the data
  • Optimizing the production process of regulatory reports
  • Testing the results produced and checking the coherence a.o. from a risk perspective
  • Aligning the business, regulatory, methodological and technical requirements in the model design
  • If appropriate, after an in-depth analysis, communicating / interpreting the results to the business and the technical members of the team
  • Suggesting tailored suggestions, taking into account the client's environment, its internal expertise and prevailing rules

Your Profile :
  • You have an MA or MSc in economics, physics, mathematics, IT or related fields.
  • An advanced degree in finance and/or a certification like CFA, FRM, PRM is a distinct advantage;
  • You already have 3+ to 10 years of experience in risk and a good understanding of how risk models (PD, LDG & EAD), data and processes interact in risk management;
  • You are experienced with the most recent regulatory developments:
    • EU Banking Reform: CRR 2 & CRD V
      • Market Risk: Fundamental Review of the Trading Book (FRTB), including the review of the standardized / internal models approach
      • Counterparty credit risk (on top of the standardized approach)
      • Balance sheet management: Interest Rate Risk in the Banking Book (IRRBB), along with the Liquidity Coverage Ratio (LCR) and the Net Stable Funding Ratio (NSFR).
    • Forthcoming Basel changes (standardized approach to credit risk)
    • Reporting requirements
    • IFRS 9, with a focus on (a) data sourcing for supporting the forward expected losses and (b) model development (c) capital planning with stress testing
    • COREP / AnaCredit (data sources and process)
    • EMIR
    • PRIIPs, etc.
    • Markets in Financial Instruments Directive (MIFID II), Markets in Financial Instrument Regulation (MIFIR) & European Markets Infrastructure Regulation (EMIR).
  • You are an advanced user of risk-centric software e.g. of Moody's, SAS, Wolters Kluwer (OneSumX for Finance), combined with several years of practical experience;
  • You are able to work autonomously in a result-oriented environment;
  • You have good communication, writing and presentation skills with the ability to explain sophisticated issues in a simple but professional way;
  • You are a quick learner and you enjoy having to find innovative solutions to new problems;
  • You are open to travel inside Western Europe, knowing that Luxembourg will remain your primary location;

We offer you:
  • An excellent working environment, offering you the opportunity to define your own specialisation and career within our flexible structure
  • Travel opportunities inside European Countries
  • Training programs tailored to your personal needs
  • The opportunity to take initiatives and responsibilities in a fast growing company


French, German or Luxemburgish as native language, a perfect command of English (spoken and written), a third European language as distinct advantage.

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