Analyst for the authorization and prudential supervision of investment fund managers (m/f)

Mission

Your main responsibility is the handling of authorization requests as well as the prudential supervision of a portfolio of investment fund managers subject to the provisions of the Law of 17 December 2010 relating to undertakings for collective investment and / or of the Law of 12 July 2013 on alternative investment fund managers (collectively “IFMs”). You apply a proactive and welcoming approach towards your counterparties in considering market realities.

Additionally, you will be required, from time to time, to participate in cross-functional working groups set up within the UCI business line and in which the topics addressed are related to the evolution of the legal and regulatory landscape impacting the IFMs, respectively deal with the improvement of internal processes in applying a risk-based approach.

Role & responsibilities

  • Processing authorisation requests (initial requests or subsequent modifications) of IFMs
  • Performing the prudential supervision of a portfolio of IFMs (analysis of various financial reportings, annual reports and management letters, as well as control reports; review of regulatory compliance and assessment of risks inherent to the organisation and activities of IFMs)
  • Being a designated contact for all queries on IFMs
  • Participation in the preparation of meetings with representatives of the IFMs and, where applicable, drafting the minutes of such meetings
  • Preparation and, where applicable, participation in on-site inspections of IFMs
  • Analysis of questions relative to the regulatory framework of IFMs
  • Drafting of analytical memos for the attention of management for decision making purposes
  • Cooperating with other CSSF departments on transversal files / subjects
  • Participation in cross-functional working groups set up within the OPC business line and follow-up of development projects
  • Contributing to the development of the regulatory framework and supervisory tools of the CSSF

Your profile

  • Four- or five-year university degree (Master level) in economics, finance, management or law
  • Minimum professional experience of 3 years within the field of UCIs and/or IFMs. A professional experience related to a key function of an IFM (control functions, portfolio management, valuation) is considered as an advantage
  • Good knowledge of regulatory and legal obligations that IFMs must adhere to. Detailed knowledge related to the MiFID rules applicable to IFM is considered as an advantage either
  • Full professional proficiency in written and spoken English. Adequate language skills in written and spoken French and, ideally, German. Knowledge of Luxembourgish will be considered as an asset
  • Ability to work autonomously, ability to work in a team, analytical skills, communication skills, excellent writing skills presenting complex matters in a condensed, comprehensive way
  • Proactive behaviour, rigorous work, flexibility, stress resistance, sense of initiative / keen to take initiatives

The successful candidate (m/f) will be hired as public employee (“employé de l’Etat”) under a permanent contract. If the candidate meets the required conditions, s/he will be asked to apply for admission to the status of civil servant (“fonctionnaire de l’Etat”).

Prior to the conclusion of the contract, the candidate must submit an extract from the criminal record (bulletin n°3), dated less than 2 months, in order to prove their conduct and integrity.

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