An international bank, in full transformation, is hiring a Chief Risk Officer to lead the Bank's Risk Management efforts. You will ensure the entity operates within acceptable risk parameters while adhering to regulatory requirements and industry best practices in line with the watchdog in Luxembourg.
As CRO, you will endure the overall responsibility to deliver a high quality of service, concerning all activities related to the Risk Management Department, by identifying key risks of the bank.
Responsibilities
- Develop and implement a comprehensive risk management strategy aligned with overall objectives and risk appetites.
- Build and maintain effective relationships with internal and external stakeholders such as regulators, auditors, and counterparties.
- Analyze and monitor outsourced activities, and provide a risk assessment on third-party outsourcing, new businesses, or new fund services products.
- Prepare reports, and present the results to the Management Committee.
- Prepare the draft of the ICAAP & ILAAP report concerning the Bank's situation of risks and internal capital.
- Prepare an annual executive summary report of the risk management function in compliance with CSSF circular 12/552 to be addressed to the CSSF.
- Constantly review the existing risk framework to ensure regulatory and internal compliance in close cooperation with the Head Office Risk Management Department.
- Organize and run the annual performance review meetings with the team members, assess their competencies, discuss potential competency gaps, and identify training needs.
- Supervise the daily controls and periodical reports produced by the Fund Compliance team as well as the Risk Management team.
Requirements
- A minimum of 10 years of experience in Luxembourg in the Risk Management area.
- Solid experience in being the direct contact of the regulator.
- Fluent in English or any other language is a plus.
Offer
- This role offers you a unique challenge and the chance to get on board a bank that has very ambitious plans for the future.
- You will manage the overall risk strategy of the bank, leading the team and producing risk management efforts.
- Achieve defined goals by acting as the risk ambassador of the bank and coordinating the evaluation, scheduling, and implementation of those projects.
- A remuneration package well in line with the market.
By applying to Edward Mount vacancies your profile might also be considered for other roles if you have the necessary skills and experience.
