Search for a Risk Conducting Officer – ManCo, Luxembourg – Exclusive Mandate
A well-established Management Company in Luxembourg were seeking an experienced Conducting Officer for their risk function – the company chose to engage Barclay Simpson on an exclusive basis following the successful placement of a Compliance Manager in the preceding year.
The company had been experiencing a slightly raised level of attrition across multiple functions, in line with the rest of the local market, as the demand for candidates from Brexit-led growth reached its peak. The organisation was in itself growing and had recently embarked on developing wider global distribution of their alternatives funds, in particular PE and Private Debt. As part of their search requirements, a deep proven understanding of these products was essential. The team at Barclay Simpson were able to provide a strong shortlist of local candidates and, using our wide global reach, the team identified a small number of candidates with relevant, recent experience of the Luxembourgish market but who were currently working overseas.
After completing a set of interviews, our client sought to proceed with one of the internationally based candidates returning to Luxembourg who brought with them direct experience from one of their core target Asian markets. Our client commented that this additional experience has proved pivotal for the risk team and in supporting the wider governance functions.