Job Title: Risk & Compliance Specialist
Functional Area: Operations Luxembourg
Reports to: Risk Manager
Investindustrial are recruiting for a Risk & Compliance Specialist to join the operations team in our Luxembourg office. The role will be focused on ensuring effective risk management processes and reporting, including regulatory aspects. The specialist at the AIFM prepares and oversees reporting, monitors, updates and supports compliance audits, contributing to the organisation’s commitment to sound risk practises and regulatory excellence.
This opportunity would suit an individual with prior experience in a similar position (risk and/or compliance focused), with experience gained in an audit or consulting firm, fund manager or trust company.
Investindustrial is one of Europe’s leading investment groups with approximately €11 billion of assets under management, focused on taking controlling positions, predominantly in Southern European mid-market portfolio companies that are leaders in their fields. Investindustrial provides industrial expertise to accelerate value creation and international expansion for our portfolio companies.
- Experience: Prior experience in a similar position (risk and/or compliance), gained ideally with an audit/consulting firm, fund manager, or trust company.
- Education: University degree ideally in Finance, Law or Economics.
- Regulatory Expertise: In-depth understanding of AIFMD, and other relevant regulatory frameworks, with the ability to navigate and interpret financial regulations.
- Analytical Skills: Excellent analytical and problem-solving skills, coupled with meticulous attention to detail, to effectively address complex regulatory and compliance challenges.
- Financial Acumen: Knowledge of accounting principles, including LUX-GAAP and IFRS, with the ability to handle consolidation issues and work with financial statements.
- Technical Proficiency: Expertise in MS Excel for data analysis and reporting.
- Compliance Knowledge: Familiarity with AML/CTF measures and an understanding of compliance auditing processes to ensure adherence to legal and regulatory requirements.
- Communication and Coordination: Strong verbal/written communication and coordination skills to convey complex regulatory information clearly to different stakeholders and collaborate effectively with cross-functional teams.
- Adaptability: Ability to adapt to a dynamic regulatory environment, stay informed about changes, oversee the implication for the AIFM and implement adjustments accordingly.
- Documentation Skills: Strong documentation skills to maintain accurate and up-to-date records of regulatory reporting processes and compliance procedures.
- Team Player: Strong team player with the ability to collaborate with various departments and locations, including legal, finance, and operations, to address compliance concerns and ensure a cohesive approach to compliance/risk management.
- Languages: Fluency in English, with knowledge of Italian/French/Spanish considered an asset for effective communication in a multilingual environment.
- Eager to Learn: Proactive attitude towards continuous learning and staying updated on industry trends and regulatory changes.
- Self-Organization: Good self-organization skills, demonstrating the ability to work with minimum supervision and manage multiple tasks efficiently.
• Assist in managing the reporting processes, ensuring timely and accurate submission of required reports to relevant internal and external stakeholders.
• Stay updated on regulatory changes and updates, supporting the adaptation of reporting processes to meet evolving compliance standards.
• Support the development and generation of management reports providing insights into risk and compliance metrics.
• Collaborate with cross-functional teams to gather data, analyze trends, and contribute to the production of comprehensive reports.
• Monitor and analyze changes in financial regulations, directives, and guidelines affecting the AIFM.
• Assist in providing timely updates to the risk and compliance team, collaborating with other departments to implement necessary changes for continuous improvement.
• Assist in the planning and execution of audits, working closely with internal and external auditors to ensure a thorough execution of audits.
Documentation and Process Enhancement
• Maintain accurate and up-to-date documentation of regulatory reporting processes and internal procedures.
• Identify opportunities for process improvements and contribute to the enhancement of risk & compliance-related workflows.
• Collaborate with various departments, including legal, finance, and operations, to address risk & compliance concerns and ensure a cohesive approach to risk management.