• Permanent, Full time
  • DO Recruitment Advisors
  • 19 Jun 18

Head of Risk and Finance Europe (m/f)

  • Luxembourg
  • Negotiable
  • Full time

We are currently recruiting for a Head of Risk & Finance Europe for a company planning to set up an office in Luxembourg.

Head of Risk & Finance Europe (m/f)

THE JOB


We are currently recruiting for a Head of Risk & Finance Europe for a company planning to set up an office in Luxembourg.

The Head of Risk & Finance Europe has primary responsibility for establishing and maintaining a strong control environment in the Company and across its EU27-based branches and representative offices, including:

  • Acting as an Authorised Manager in accordance with the CSSF's requirements;
  • Protecting and maintaining the Company's reputation with clients and regulatory bodies;
  • Promoting a strong control culture;
  • Ensuring that the Company, its branches and representative offices are compliant with Luxembourg laws and regulations and the company's Global Risk & Control Framework;
  • Establishing and maintaining the three lines of defence model;
  • Ensuring appropriate Board and local governance is in place;
  • Assisting the GM/CEO in the apportionment of controlled functions between the Authorised Managers, in accordance with CSSF regulations;
  • Providing assurance to Board and senior management on the adequacy of the design and operation of the Company's systems and controls;
  • Acting as the main contact with regulators - in particular the CSSF;
  • Ensuring production of clear MI on a timely basis which measures all key risks and supports a 'no surprises' culture;
  • Establishing and maintaining a financial control, planning and reporting framework which complies with all relevant laws and regulations, making effective use of the Group Finance teams and outsourcing technical activities as required;
  • Working closely with the GM/CEO to ensure delivery of the Company's strategic plan and budget;
  • Supporting the GM/CEO to make the right pricing decisions;
  • Ensuring cash management remains a priority within the global business.


THE CANDIDATE

  • Fluency in French and English.
  • In-depth knowledge of the Luxembourg financial services and regulatory framework.
  • 10-15 years working at a senior level within a regulated environment.
  • Significant time in senior risk management role, ideally within a SaaS or BPO (or both) environment.
  • Excellent knowledge of CSSF and "PFS"requirements, including prudential oversight and governance, and risk management best practice.
  • Good knowledge of the Pillar 1/2/3 methodologies applicable to Luxembourg PFS for the various risk categories and prudential calculations.
  • ICAAP production and other relevant CSSF reporting.
  • Professional or industry qualification.
  • Developing and implementing management policies and processes.
  • Communicating effectively at a variety of levels within a regulated environment, both internally and externally, written and verbally.
  • Good inter-personal skills necessary to build strong relationships, influence at all levels and constructively challenge senior management where appropriate.
  • Attention to detail.
  • High level of numeracy. Ability to understand reports and accounts and basic accounting principles.
  • Leadership, with an ability to think strategically and


THE CLIENT
Our client is a provider of technology and administration services to major financial institutions in the platform and wealth management sectors

Luxembourg Luxembourg Luxembourg LU