Risk Manager

Prudential’s purpose is to be partners for every life and protectors for every future. Our purpose encourages everything we do by creating a culture in which diversity is celebrated and inclusion assured, for our people, customers, and partners. We provide a platform for our people to do their best work and make an impact to the business, and we support our people’s career ambitions. We pledge to make Prudential a place where you can Connect, Grow, and Succeed.

KEY ACCOUNTABILITIES

• Maintain and continuously enhance the Risk and Valuation Framework in line with regulatory developments, supervisory expectations and market best practices.
• Operate and strengthen the Permanent Risk Management Function in accordance with Luxembourg and EU regulatory requirements.
• Produce and continuously enhance investment risk reporting covering commitment, VaR, liquidity risk, counterparty exposure, credit risk, concentration risk and sustainability risk.
• Monitor compliance with regulatory, prospectus and internal risk limits; assess breaches, determine materiality and coordinate escalations or regulatory notifications where required.
• Maintain and update Risk Profile Documents, Risk Management Processes, Risk Management Policy and various related policies.
• Support new fund launches, prospectus changes, regulatory filings and ongoing product governance requirements.
• Maintain the Operational Risk Framework including RCSA, incident management, risk registers, KRIs, BCM and resilience reporting.
• Review and monitor ICT, cyber security and outsourcing risks, including key third-party and cloud service providers.
• Support valuation oversight through the preparation and participation in Manco Valuation Committees, review of stale prices, illiquid assets, pricing matters and NAV error cases.
• Contribute to ICT and operational resilience oversight, including outsourcing risks, cyber risk topics and key regulatory requirements (e.g. DORA).
• Prepare risk reporting, dashboards and papers for Management Committees, Lux Risk Committees and Boards.
• Coordinate with regulators, auditors and internal control functions on risk-related matters and support remediation of findings where relevant.
• Contribute to committee meetings through preparation of analyses, presentations and decision-useful risk insights.
• Represent the Permanent Risk Management Function in interactions with Group stakeholders and cross-functional governance forums where required.

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EXPERIENCE / QUALIFICATIONS

• Degree in Finance/Economics or equivalent
• Minimum 3-5 years of relevant experience working in a Manco/Asset Manager/UCITS, AIF environment
• A previous experience in risk management role would be considered as an asset.
• Strong knowledge of the Manco business in Luxembourg and its various actors.
• CFA, CAIA, FRM (or similar) qualifications would be a strong advantage
• Ability to engage in good working relationships with a range of stakeholders including clients, internal teams, and service providers.
• Excellent organizational, prioritization and written communication skills.
• Autonomous, rigorous, result-oriented, and flexible.
• Professional level of English (spoken and written) is a must; the knowledge of an additional language as French or German is a strong asset.
• Excellent modelling skills in MS Excel as well as skills in Power Point and Word, Copilot.
• Previous exposure to Aladdin tool is an advantage
• High level of responsibility and flexibility, ability to take initiative, learn quickly and strive for results

Prudential is an equal opportunity employer. We provide equality of opportunity of benefits for all who apply and who perform work for our organisation irrespective of sex, race, age, ethnic origin, educational, social and cultural background, marital status, pregnancy and maternity, religion or belief, disability or part-time / fixed-term work, or any other status protected by applicable law. We encourage the same standards from our recruitment and third-party suppliers taking into account the context of grade, job and location. We also allow for reasonable adjustments to support people with individual physical or mental health requirements.