Business Risk Manager

About the Role

We are seeking an experienced Risk Manager to join our Depositary Services team in Luxembourg. While this role is fundamentally a risk management position, we are especially interested in depositary managers who are keen to step into this risk manager role. In this position, you will be responsible for identifying, assessing, and mitigating a diverse range of risks, including operational, regulatory, financial crime, market, credit, liquidity, and change management risks. You will implement a robust risk framework, ensure compliance, and develop strategic action plans tailored to our depositary services.

Key Responsibilities
  • Assess and manage key risks, ensuring they align with business objectives.
  • Lead risk and control assessments, strengthening mitigation strategies.
  • Develop and maintain a comprehensive risk assurance programme.
  • Define risk appetite statements and oversee associated action plans.
  • Drive remediation efforts when identified risks exceed acceptable thresholds.
  • Promote a strong risk culture and a mindset of continuous improvement.
  • Implement the Enterprise Risk Management Framework across the depositary function.
  • Conduct assurance reviews to enhance internal control measures.
  • Analyze risk reports and data to support informed decision-making.
  • Train and support teams in best practices for risk management.
  • Collaborate with stakeholders across multiple functions.

Skills & Experience Required
  • Proven experience in risk and control management.
  • Strong knowledge of risk assessment methodologies.
  • Background in financial services or related sectors.
  • Excellent communication and stakeholder engagement skills.