Risk and Fund Reporting Manager

Skills

About the Role

You will own risk management for a Luxembourg sub-threshold AIFM, oversee fund administration, and produce regulatory and fund reporting. You will verify fund data, monitor risks and limits, lead audits, challenge third-party outputs, maintain control frameworks, and help govern AI-supported reporting controls.

Requirements

• 5+ years of experience in risk management, fund accounting oversight, fund audit, or a similar technical control role in Luxembourg private equity or real estate.
• Master's degree in Accounting, Finance, Risk Management, or a related field.
• Professional accounting qualification such as ACCA, CPA, IRE, or equivalent.
• Working knowledge of AIFMD risk management requirements, AIFMD/CSSF reporting, Annex IV, and SFDR disclosures.
• Hands-on experience with stress testing and liquidity risk frameworks.
• Expert knowledge of Lux GAAP, IFRS, fund waterfalls, fee accruals, and private-equity valuation principles.
• Experience designing or running a risk or oversight framework.
• Experience overseeing fund administrators through SLAs, oversight logs, and governance.
• Experience working with engineering and AI teams to automate risk and reporting controls in a regulated context.

Responsibilities

• Own the AIFM Risk Management function and maintain risk policies, limits, and registers.
• Identify, measure, monitor, and manage market, liquidity, counterparty, operational, concentration, leverage, and ESG/SFDR risks.
• Monitor overcommitment ratios, conduct stress tests, escalate breaches, and provide risk reporting to management and the Board.
• Lead AIFMD, CSSF, investor, and fund-level regulatory reporting cycles.
• Monitor Luxembourgish and European regulatory and accounting standards.
• Lead annual audits and provide technical sign-off on accounting treatments, fee accruals, and valuation methodologies.
• Perform second-level fund administrator controls, including NAV shadowing, fee and waterfall verification, distribution reconciliation, and oversight-log maintenance.
• Independently challenge third-party providers and manage SLAs and the fund administrator oversight framework.
• Maintain internal control framework SOPs for risk and financial oversight.
• Govern AI-augmented fund controlling and reporting tools with human review checkpoints.

Benefits

• Individual growth budget of €1,500 or 2% of base salary, whichever is higher.
• 26 vacation days, increasing by one day per year of tenure up to 30 days.
• Free daily lunch in the Luxembourg office through Sodexo Vouchers.