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Head of Fund Risk

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Amundi

1mo ago

  • Job
    Full-time
    Senior Level
  • Dublin
  • Quick Apply

AI generated summary

  • You need 8+ years in risk management, asset management experience, senior-level interaction, knowledge of equity/fixed income/derivatives, MS Excel proficiency, CP86 familiarity, and a relevant degree.
  • You will oversee financial risk frameworks, set risk limits, monitor portfolios, prepare reports, conduct reviews, liaise with regulators, and collaborate on group risk efforts.

Requirements

  • - 8+ years’ experience with a proven track-record in the risk management field, ideally from an Asset Management background.
  • - Experience of dealing with senior management and interacting at Board level.
  • - Knowledge of financial services operations including equity, fixed income and derivative instruments.
  • - Proficient MS Excel user.
  • - Familiarity with CP86 requirements for Fund Risk Management.
  • - Prior PCF39 approval.
  • - Experience in valuation of financial instruments.
  • - Data Mining experience.
  • - VBA and SQL an advantage.
  • - Bachelor Degree / BSc Degree or equivalent.
  • - FRM or CFA qualification.

Responsibilities

  • Responsible for the financial risk framework for Investment products in AIL
  • Provide oversight and reporting for DP Fund Risk Management under CP86 requirements
  • Define and present to the Board the correct financial risk appetite of products developed in AIL or under management of AIL
  • Translate the risk appetite in tangible limits (exposures, VAR, TE, liquidity, etc..) to be assigned to each product
  • Define stress scenarios (liquidity and market risk) to each portfolio
  • Monitor the limits, escalate and follow up violations according to the Amundi escalation procedure
  • Review monthly financial risk reports received by external managers and liaise with external risk managers to resolve violations/ issues
  • Conduct regular portfolio reviews of portfolios under his/her responsibility
  • Prepare regular and ad hoc reports on violations and other financial risk matters to the Board, Risk Management Committee, Clients and Senior Manager
  • Liaise with the local regulator on financial risk matters
  • Collaborate with Risk Management teams in Amundi in developing the group risk framework

FAQs

What is the primary responsibility of the Head of Fund Risk?

The Head of Fund Risk is responsible for assessing financial risks of Amundi funds/mandates and advising Senior Management and the Board of Directors on the appropriate financial risk appetite for these products.

What qualifications are preferred for this position?

Preferred qualifications include 8+ years’ experience in risk management, knowledge of financial services operations, proficiency in MS Excel, familiarity with CP86 requirements, and a Bachelor’s degree or equivalent, along with FRM or CFA qualification.

Is experience interacting with senior management required?

Yes, experience dealing with senior management and interacting at the Board level is required for this role.

What kind of educational background is sought for the Head of Fund Risk?

A Bachelor’s degree/BSc degree or equivalent is required, along with relevant qualifications such as FRM or CFA.

What skills are valued for the Head of Fund Risk role?

Valued skills include being a team player, initiative, problem-solving ability, strong analytical/quantitative skills, and the ability to motivate team members.

Does the Head of Fund Risk role involve liaising with external parties?

Yes, the role involves liaising with external risk managers and local regulators on financial risk matters.

Are there opportunities for professional development in this position?

Yes, Amundi offers a range of development programs to help employees reach their full potential.

Is a comprehensive benefits package provided?

Yes, we provide a competitive and comprehensive benefits package that includes flexible work options and mentorship opportunities.

What is the importance of risk management within Amundi Ireland?

Risk management is crucial to ensure that the financial and operational activities do not expose Amundi Ireland or its clients to potential or unexpected losses beyond their risk tolerance levels.

Are there initiatives focused on inclusion and diversity at Amundi Ireland?

Yes, Amundi Ireland emphasizes equal opportunity, diversity, and inclusion, and has employee networks such as the Women’s Network and Mental Health Champions to support these values.

Amundi

Trust must be earned

Finance
Industry
5001-10,000
Employees
2010
Founded Year

Mission & Purpose

Amundi, the leading European asset manager, ranking among the top 10 global players* , offers its 100 million clients - retail, institutional and corporate - a complete range of savings and investment solutions in active and passive management, in traditional or real assets. This offering is enhanced with IT tools and services to cover the entire savings value chain. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €1.9 trillion of assets**. With its six international investment hubs***, financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape. Amundi clients benefit from the expertise and advice of 5,400 employees in 35 countries. Amundi, a trusted partner, working every day in the interest of its clients and society * Source: IPE “Top 500 Asset Managers” published in June 2022, based on assets under management as at 31/12/2021 ** Amundi data as at 31/12/2022 *** Boston, Dublin, London, Milan, Paris and Tokyo