Job description
The Financial Risk Management – Alternative Assets team is part of the Risk Management department and interacts with other teams of the risk department, the Company’s structures and the risk management functions of Generali Investments Companies, during all phases of the products’ life cycle, from structuring of the investment process, the determination of the risk profile and Key Risk Indicators, investments/disinvestments and on-going risk monitoring, analyzing and managing the risk of the funds under management.
Within the Financial Risk Management – Alternative Assets team, the risk senior manager actively and pro-actively participates to the deployment, enhancement and maintenance of all activities related to the risk management of Alternative Assets under management.
- Providing an independent view / insights of key investment risks affecting Generali Investments Luxembourg S.A. (GIL) portfolios
- Promoting sound investment risk management practices and enhance risk and control culture within GIL
- Participate in the periodic review of all risk policies and procedures, ensuring compliance with the obligations laid down in the AIFM regulatory framework (including but not limited to AIFMD 231/2013, CSSF Circulars 18/698, 19/733, 20/752)
- Contribute pro-actively to the team and risk department activities to ensure successful management of all the portfolio risk matters of GIL
- Assess, review and analyze all risks for private assets, like market, liquidity, counterparty, credit, operational, investment compliance and sustainability risk reports on a regular basis
- Perform ad-hoc analyses and reporting to help addressing real-time demands from senior management and portfolio managers
- Maintain input and data quality of the risk management systems
- Review of fund documents and legal agreements from risk perspective to make sure they are in line with regulatory requirements
- Support the internal and external audit on risk management topics
- Report to its direct solid line and help the team in its duties to support the Chief Risk Officer (CRO) and Conducting Officer responsible for the Risk Management in developing, executing the maintenance and enhancement of Generali risk management capabilities to ensure internal and regulatory compliance
- Stakeholders support – explaining calculations, and fulfilling ad hoc requests
- Process optimization – developing best practices, increasing efficiency, enhancing capabilities, and mitigating risks
- Ensuring compliance – develop, maintain, and adhere to procedures
- Project support – partner with other company units
- Presentation – delivering analytical presentations for internal and external stakeholders
- Escalate issues, concerns, breaches, inconsistencies to the direct solid line and to CRO and risk Conducting Officer, promote a culture of knowledge sharing and swift escalation to the direct report when needed
- Support internally the teams responsible for new investment fund products and new projects/initiatives
- Contribute to the preparation the Funds Risk Profiles for CRO review
- Perform pre-deal (ex-ante) Risk Management assessment and Risk Opinion
- Keep updated of industry and regulatory trends in risk management modelling tools/techniques and overall risk management process
The completion of the above tasks requires a strong cooperation with other Generali’s departments and entities such as Risk, Legal and Tax, Business Lines and Back Offices as well as other financial institutions and clients.