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Senior Risk Manager

Senior Risk Manager

Apex Group LtdAbu Dhabi, Abu Dhabi Emirate, United Arab Emirates
14 منذ أيام
الوصف الوظيفي

FundRock LRI is a licensed Super ManCo (UCITS and AIFM) with over three decades of experience in structuring and managing traditional and alternative investment strategies. Based in Luxembourg, we offer a broad spectrum of structuring solutions that are ideally suited to the investment strategy and its commercial goal. The concept also considers individual regulatory, tax and accounting factors.

We structure and set up traditional investment funds for asset managers and institutional investors such as banks, family offices, insurance companies and pension funds.

Role : Senior Risk Manager

Role Location : Abu Dhabi

Employment Type : Permanent

Reporting line : Reports into the SEO of FundRock Investment Management Services (ME) Ltd

FundRock Investment Management Services (ME) Ltd (“FundRock ME”), is based in the Abu Dhabi Global Market (“ADGM”), one of the world’s fastest growing financial centres. As a fully authorised ManCo for Qualified Investor Funds and Exempt Funds, we are an ideal partner for asset managers, institutional clients and family offices who wish to establish funds and distribute them within the ADGM.

FundRock ME’s ADGM license permits the following activities :

  • Managing a Collective Investment Fund
  • Arranging deals in investments
  • Managing assets
  • Advising on investments or credit

Being part of Apex Group, our clients have access to the broadest range of industry solutions across the value chain from a single source.

Role summary

The successful applicant will lead the Risk team within the FundRock ME Manco and his / her primary responsibility will be managing, organising and developing the Risk Management function and activities for the FundRock (ME) Ltd entity. As this is a relatively new entity, the requirements of the role will develop as the business entity grows. Initially the focus will be on procedural documentation, risk framework, due diligence of our delegates, liaising with second line risk and ensuring a strong risk management ethos within the business. Thereafter, you will be the senior lead on investment related risk by chairing the investment committee and maintaining oversight of our delegates by approving invesmtent decisions presented by our clients / advisors to the committee. This would require a strong investment background as well as thorough understanding of closed ended and open ended funds as well as the behavour of each underlying asset class.

Key responsibilities

  • Responsible for all facets of risk in the organization with a strong focus on investment risk and operational risk.
  • Lead on investment related breaches and ensuring risk metrics are relevant to the strategy employed on a fund.
  • Preparation of ad-hoc Risk analysis reports to the executives;
  • Monitoring / Review breach classification;
  • Review of daily Risk production (market, liquidity, credit…);
  • Onboarding : Fund Risk profiling, Prospectus review, operational setup, project management;
  • Technical queries;
  • Support the Senior Executive Officer ( SEO ) on business strategy and execution.
  • Assist with projects and the implementation of strategic initiatives.
  • Scoping out the investment risk framework on open ended funds.
  • Team management – initially team will be small due to a growing business.
  • Review of founding documents of the fund to ensure that all risks have been identified or put in place as a preventative measure.
  • Lead on investment committee and the ability to approve / reject invesmtnet decisions presented by clients / advisors to the committee.
  • Participate in service review meetings.
  • Prepare documents for various internal committee meetings
  • Engaging with the Apex Fund Administrator (such as Fund Accounting, Investor Services, Custody) as well as external counterparties (such as auditors, custodians, , clients and the FSRA) in a professional and collaborative manner.
  • Query management : resolve errors and queries timeously through engagement with various internal and external parties.
  • Maintain portfolio and investor marketing material and ensure investor forms meet regulatory requirements and internal policies.
  • Engaging with the Operations and Compliance team on various issues impacting the Manco.
  • Engage with counterparties and review, draft, finalise and implement policies and processes.
  • Knowledge / experience required

  • 1st experience in Market Risk;
  • Master degree in Finance, Engineering or Economics or CFA Charterholder
  • Knowledge of MSCI / Riskmetrics, Bloomberg, or other Data providers is an advantage;
  • Strong quantitative orientation and analytical skills;
  • Extensive knowledge of all financial instruments (vanilla, derivatives, OTC, structured products), risk analysis / models (VaR, Back-test, Stress test) and valuation models of financial products;
  • Experience with Abu Dhabi Global Market (ADGM) and ADGM rules will be advantageous.
  • As a vital team member and in return for your expertise, inclusive approach and commitment, we'll provide a favourable salary and the chance to join a passionate and welcoming team. Benefits As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.

    Disclaimer : Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct souring model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

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    إنشاء تنبيه وظيفي لهذا البحث

    Senior Risk Manager • Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates