RISK ANALYST - FTC 6 months

DO Recruitment Advisors is an award-winning boutique recruitment firm based in Luxembourg, connecting talented professionals with leading financial services and corporate clients. We take a personalised approach to understand you and your ambitions, offering tailored guidance, exclusive opportunities, and long-term career support in environments where you can grow and thrive.

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We are delighted to represent a well-known, well-established asset manager in their search for a Risk Analyst for a 6 months contract. You will provide independent oversight and challenge across financial and non-financial risks, ensuring alignment with the company’s global risk framework and local regulatory requirements:

• Develop, review, and enhance risk policies, procedures, and frameworks in line with regulatory requirements and best practices.
• Contribute to governance committees and escalation processes, ensuring clear and effective risk communication.
• Ensure alignment with the global FT risk framework and local regulatory expectations.
• Define and monitor key risk indicators (KRIs), limits, and risk profiles across asset classes.
• Perform in-depth portfolio risk assessments, including for illiquid and private assets.
• Review valuation approaches and key assumptions, ensuring robustness and consistency.
• Conduct risk analysis using appropriate methodologies (e.g. VaR, stress testing, scenario analysis).
• Provide independent challenge to portfolio management and support investment decision-making.
• Identify emerging risks and translate findings into actionable insights.
• Design and execute testing of key controls within the risk framework.
• Support internal and external audits, ensuring timely and high-quality responses.
• Enhance risk models, processes, and reporting capabilities.
• Identify opportunities to streamline workflows and improve efficiency.
• Support the use of data and visualisation tools (e.g. Power BI) to strengthen risk insights.

• Bachelor’s degree (or higher) in economics, finance, or a quantitative discipline.
• 3-5 years’ experience in the fund industry in Luxembourg, ideally in a risk management role.
• Strong understanding of Luxembourg and EU regulatory frameworks (UCITS, AIFM).
• Solid knowledge of risk management concepts, asset management, and financial markets.
• Experience with valuation methodologies and risk models (e.g. DCF, multiples, VaR, stress testing).
• Understanding of private/alternative asset classes (Real Estate, Private Equity, Private Credit).
• Strong analytical mindset with the ability to interpret and communicate complex topics clearly.
• Ability to engage constructively with teams and stakeholders and provide independent challenge.
• Proficiency in English (written and spoken); French is an advantage.
• Familiarity with data and risk systems/tools (e.g. Power BI, eFront, Aladdin).
• Professional certifications (CFA, FRM, CAIA) are an advantage.

Application process:

As an equal opportunity employer, we embrace diversity and welcome applicants from all backgrounds. Please note, however, that candidates must possess a valid Luxembourg work permit. As we represent our clients, we are required to submit only those who meet this requirement. Unfortunately, if you do not have a valid work permit, we will not be able to consider your application.

If you are selected for the position, you will be asked to provide supporting documentation, such as copies of your diplomas, proof of prior employment, and a standard criminal record check, as part of the final steps in our recruitment process.

We appreciate your interest in our company and look forward to the possibility of working together.