Conducting Officer Risk Management F/M

Morgan Philips Executive Search has been exclusively retained by an established Third-Party Management Company based in Luxembourg to recruit an experienced Conducting Officer in charge of Risk Management F/M.

This is a strategic leadership opportunity, offering significant autonomy, direct exposure to senior management and the opportunity to contribute to the expansion of the Luxembourg business.

Key Responsibilities

Risk Management & Investment Oversight

• Act as the Conducting Officer responsible for Risk Management, in accordance with CSSF requirements and applicable UCITS/AIFMD regulations.
• Lead and oversee the Permanent Risk Management Function across UCITS and alternative investment funds.
• Develop, implement and maintain comprehensive risk management frameworks, policies and procedures.
• Oversee market, credit, liquidity, counterparty, operational and valuation risks across various investment strategies.
• Define and monitor risk appetite, investment limits, KRIs and stress-testing methodologies.
• Supervise risk assessments relating to new funds, investment strategies and transactions.
• Ensure effective oversight of delegated investment managers and external service providers.

Governance & Regulatory Compliance

• Act as a key member of the authorised management team and contribute to strategic decision-making.
• Prepare and present risk reports to the Board of Directors, Risk Committees and relevant stakeholders.
• Maintain effective relationships with the CSSF, auditors and external service providers.
• Ensure compliance with AIFMD, UCITS, CSSF Circular 18/698 and other applicable regulatory requirements.
• Contribute to the ongoing enhancement of internal governance, controls and regulatory reporting.
• Participate in valuation committees and other relevant governance bodies.

Strategic Development & Business Expansion

• Play a key role in the implementation of a new governance and operating model following the recent acquisition.
• Support the integration and onboarding of additional funds onto the Luxembourg ManCo platform.
• Contribute to the development of new investment activities and expansion of the company's services.
• Participate in the recruitment, structuring and development of the local Risk Management team.
• Work closely with senior management and international shareholders to support the company's growth strategy.

Your Profile

• At least 10 years of experience in Risk Management within the Luxembourg investment funds industry, preferably in a ManCo or AIFM environment.
• Previous CSSF approval as a Conducting Officer responsible for Risk Management is strongly preferred.
• Proven experience in developing and managing risk frameworks for UCITS and/or AIF structures.
• Strong knowledge of alternative investment strategies, including Private Equity, Real Estate, Private Debt and other alternative assets.
• Excellent understanding of AIFMD, UCITS, CSSF Circular 18/698 and Luxembourg regulatory requirements.
• Experience dealing with Boards of Directors, regulators and senior stakeholders.
• Strong analytical capabilities combined with a strategic and entrepreneurial mindset.
• Ability to operate autonomously and contribute to organisational development.
• Fluency in English is essential; French or German would be an advantage.
• Professional certifications such as FRM, CFA or CAIA would be considered an asset.

Why Join?

• Strategic position within a growing Management Company, backed by an established international group.
• Opportunity to actively participate in the transformation and expansion of the Luxembourg platform.
• Direct involvement in designing and strengthening the company's governance and risk management framework.
• Opportunity to build and develop a team as the business expands.
• High level of autonomy and direct exposure to senior management and shareholders.
• Attractive compensation package reflecting the responsibilities and seniority of the position.

Interested?

This position is part of an exclusive and confidential recruitment assignment managed by Morgan Philips Executive Search Luxembourg.