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Business Risk Manager

  • Location: Luxembourg
  • Salary: €90,000 - €100,000
  • Job type: Permanent
  • Job reference: NM/A172224
  • Sector: Banking, Asset Management/Funds
Job Description

Company Description

My client is a top tier international Asset Manager looking to hire a Senior Business Risk Manager into their Luxembourg team. With over 50 years of experience, my client offers a wide range of investment services to their global clients. They service clients across Europe, Asia Pacific, the Middle East and South America. With an excellent track-record of service, they have created a trusted clientele and reputation. 

This is an exciting newly created role, and an opportunity to join a company that attracts, retains and develops the best talent in the market. 


  • Sitting in the 1st line of defence, the Business Risk Manager will be responsible for driving the Risk & Control Self Assessment Programme. 
  • Supporting the completion of the ICAAP and stress testing. 
  • Providing 1st line Business Risk Management support to the business, offering guidance and advice to senior stakeholders on all operational risk related matters. 
  • Responsible for working with the business to identify and mitigate risks. 
  • Working with the business - providing risk training and supporting the implementation of a good risk culture. 


  • Candidates must have extensive years of demonstrated experience working on operational risk framework improvement and implementation within financial services (ideally within Asset Management). 
  • Hands-on experience on all components of an operational risk framework: running RCSA's, identifying key risk indicators, business risk analysis, business risk reporting, scenario analysis,  ICAAP, and stress testing. 
  • Excellent communication skills with a proven ability of influencing across all levels of an organisation.
  • Ability to work autonomously and in a team-orientated environment. 
  • Ability to collaborate with colleagues locally and across multiple geographies. 
  • Language: Fluency in English, written and oral is essential. French is beneficial but not essential. 

This role offers: 

  • The opportunity to be part of a results orientated, and highly delivery-focused team. 
  • Opportunity to think outside the box! In an open minded culture, where all ideas are welcome! 
  • As a stand alone role, the successful candidate will have the freedom to shape this position and add tangible long-term value to the business. 
  • Sitting in the 1st line this role offers the opportunity to work with multiple stakeholders in a dynamic, fast-paced and innovative environment. 
  • Excellent work-life balance with competitive benefits on offer. 

Next Steps: 

If this sounds like you or someone you know, please get in touch by submitting your details to 



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