Risk Analyst

Company Profile

Cinven is a leading international private equity firm, founded in 1977, with offices in London, Frankfurt, Madrid, Milan, New York, Paris, Guernsey and Luxembourg.

Cinven focuses on leveraging its expertise to build world class companies. Cinven’s strategy is to use its more than 30 years of experience to invest in large buyouts, predominantly in Europe, and to create outperforming returns for its investors. Cinven’s approach to investing is to leverage its sector and country matrix to build origination angles, identify transformational strategies and make control investments in businesses to drive growth both in Europe and internationally. Cinven operates a partnership model both across its own organisation and with investors such that all parties are aligned in its investing success.

Funds managed by Cinven typically acquire companies that require an equity investment by a Cinven fund of €200 million or more. Cinven has a strong and consistent investment track record, focusing on six sectors: Business Services, Consumer, Financial Services, Healthcare, Industrials, and Technology, Media and Telecommunications (TMT). Cinven funds acquire successful, high-quality companies and work with them to help them grow and develop, using the firm’s proven value creation strategies. The typical holding period for an investment is between four and six years. Cinven is currently investing the Eight (€13.2bn) Fund.

We take a responsible approach towards our portfolio companies, their employees, suppliers and local communities, the environment and society.

Cinven is made up of the following teams:

• The Investment Management professionals based in Country and Sector teams;
• The Investment Specialists teams focussing on Investor Relations, Capital Markets and our Portfolio Companies, and
• The Corporate team: comprising functional professionals in Finance, Legal & Compliance, HR, Communications, IT and Operations.

Our values underpin everything we do. This is what you should expect if you work for Cinven.

• Ambition: we test the art of the possible.
• Commitment to Excellence: we set the highest standards.
• Empowerment: we develop talent.
• Partnership: collaboration is at our core.
• Respect: we achieve distinction without ego.

For further information, please visit our company website www.cinven.com

Candidate Profile

To support the growth the Cinven office in Luxembourg and the setup of a new regulated AIFM in Luxembourg, we seek to hire an experienced individual in the field of risk management who is highly motivated, comfortable working autonomously, naturally curious and has demonstrated excellence in prior endeavours. This is a unique opportunity to join an agile and growing team, working with senior executives in a dynamic environment to contribute to the success of our buy out operations and work on numerous development projects.

Principal Responsibilities

As a member of the Luxembourg based Cinven AIFM, your role will be to maintain an effective risk management framework and processes for AIFs. This involves monitoring of risk levels and risk appetite of the private equity strategies as well as reviewing and adapting our processes to meet applicable regulatory requirements. You will work closely with, assist and report to the Conducting Officer in charge of Risk Management in Luxembourg including:

• Assisting with the implementation of the risk management policy and risk management procedures in order to identify, measure, manage and monitor on an on-going basis all risks relevant to the Funds’ investment strategy to which the Funds are or may be exposed (Private Equity);
• Supporting the development, implementation, and conducting of quantitative and qualitative risk analysis for market risks, credit risks, counterparty risks, liquidity risks and operational risks and relevant stress tests;
• Setting up risk profiles for the respective alternative asset Funds;
• Understanding of risk and performance drivers, monitoring of general market and factor risks across portfolios and highlighting of areas of concern proactively;
• Provision of advice to the Board and the Management Committee in relation to the identification of the risk profile of each of the Funds;
• Ensuring that the risk profiles of the respective Funds disclosed to investors are consistent with the risk appetite set by the Board;
• Provision of periodic risk management reporting to the Board and the Management Committee with the monitoring of relevant risk indicators outlining potential actual or foreseeable breaches to the risk profiles of the respective Funds so as to ensure that prompt and appropriate action can be taken;
• Developing and maintaining documentation pertaining to the Risk Management function such as risk management policy and risk management procedures, risk register, risk profiles;
• Engaging with a wide range of internal and external stakeholders across various locations:
• Partnering with relevant stakeholders to ensure that relevant risk measures are correctly estimated and aggregated in the portfolios;
• Supporting the review and validation of the valuation of alternative assets (private equity).

Skills & Competencies

• Master’s degree in Economics, Finance, Financial Engineering or related quantitative field;
• 2 to 5 years’ professional experience in risk management / valuation in the Asset Management Industry such as investment fund management, investment banking and/or advisory / consultancy firm;
• Relevant of experience in a closely related position that may include applying global macroeconomics, financial analysis, and risk modelling to forecast and evaluate risk;
• A relevant industry recognized qualification as “FRM”, “PRM”, “CFA”, “CAIA” or similar would be beneficial;
• Good experience in MS Excel and PowerPoint is a must (Excel VBA knowledge would be a plus).
• Knowledge of the Luxembourg regulatory environment for alternative assets funds and market practices;
• Operate basics in valuation methodologies such as e.g., earning multiple models, discounted cash flow models, income models, etc.;
• Good understanding of multi-layer structures (SPVs, HoldCos) for alternative asset funds;
• Strong attention to detail and analytical skills;
• Strong self-starting, comprehension & problem-solving skills, as well as strong verbal and written communication skills;
• Ability to work independently while remaining a strong team player who works collaboratively;
• Ability to interact clearly and efficiently with senior individuals and external counterparties;
• Fluent in English (both written and spoken) – French will be an advantage.

Terms

Location Salary	– –	Luxembourg Competitive
Annual Leave	–	26 days plus 3 days over the Christmas period at the discretion of the management
Hybrid Working	–	60 days remote working per year, equivalent to one day per week in addition to a block of two weeks (10 days) which can be taken in the summer months, following probation completion
Health	–	Health Club membership
Bonus	–	Discretionary
Other	–	Lunch vouchers

Equal Employment Opportunity

Cinven recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity.

Cinven is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace.

Data Protection Disclaimer

As part of our commitment to maintaining the privacy and security of personal data, Cinven adheres to all applicable data protection laws and regulations. By applying for this position, you acknowledge and agree that we will handle confidential information with the utmost care and discretion.