Asset Management Risk Manager

The opportunity: Asset Management Risk Manager – Permanent contract

At HSBC, our purpose is opening up a world of opportunity and by joining our team, you can be part of something bigger. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible.

Here in Luxembourg, you’ll help evolve and grow our asset management activities. Are you currently holding a risk manager role in a Management Company? Are you familiar with financial risk management activities? Do you have a strong knowledge of the Luxembourg and Irish Fund industry (UCITS)?

If you answered yes to any of these questions, we want to hear from you!

What you will do:

Reporting to the HSBC Asset Management (AM) Chief Risk Officer & Conducting officer, the role holder will be responsible for managing several elements of the AM risk management activities:

• Assist in the implementation and oversight of the risk management framework for the UCITS Funds (market, liquidity, counterparty, credit and sustainability risks, amongst others).
• Review and analyse market, liquidity, counterparty, credit and sustainability risks reports on a regular basis.
• Escalate issues/concerns to senior management and report on such results.
• Ensure that all exceptions are handled in time and efficiently.
• Review and update the Risk Management processes and policy,
• Provide oversight of the Investment Advisers local risk teams in relation to the regular risk reporting, including validation of the investment advisers’ compliance with the risk policy and Luxembourg and Irish regulations applicable to UCITS Funds.
• Identify and manage risks introduced through change, including new types of investments, products and new projects/initiatives.
• Assess the eligibility of instruments in which the funds invest in
• Provide support to the HIFL Conducting Officers in their day-to-day management:

You should apply if you have:

• Good technical skills in financial risk management (e.g. VaR models, VaR back testing, stress testing, leverage, liquidity risk measures) and financial instruments
• Knowledge of the Luxembourg and Irish fund industry including the UCITS environment, risk regulatory requirements and the obligations of a Luxembourg Management Company
• Strong analytical, communication and relationship skills
• Knowledge of Tableau and/or SQL
• Good communicator (oral and written) especially of technical issues to non-specialists
• Well organized and able to work independently as well as part of a team
• Fluency in English, both written and oral.

Even if you feel you do not meet 100% of our qualifications, we encourage you to apply, if you believe this role is right for you.

What you’ll get in return:

Not only is HSBC a great place to work, but we also offer the following unique and exciting opportunities and benefits:

• We’ll help you progress your career, including access to development programmes, mentoring and coaching, as well as world-class training through HSBC University
• You can work your way and will have a say in when, where and how you and your team flexibly work together
• Our benefits will give you financial security
• We’ll give you a huge range of resources that support your mental, physical and social well-being
• You’ll have opportunities to work internationally - this can be your place to start and branch out to anywhere we have offices
• You’ll be able to join our Employee Resource Groups that bring together colleagues with shared characteristics and common interests.

HSBC has been certified “Top Employer 2025” in Europe. This recognition from the Top Employers Institute rewards our HR practices and recognises HSBC as an HR Leader in France, Germany, Italy, Luxembourg, Poland and Spain.

If you’re looking for a career where you will be respected as an individual and valued for the contributions you make, please send your application letter and curriculum vitae (in English) to: [email protected], and discover how diversity drives our success.

Please note that due to the volume of applications received, we will acknowledge your application only if we wish to proceed to interview. If you have not received a response within 4 weeks your application has not been successful.

Please also note that every selected candidate will have to provide us with a valid criminal record check in due time.

Personal data held by the Bank relating to employment applications will be used in accordance with our Privacy Statement, which is available on our website. For any GDPR request, please send it to:[email protected]

For further information on building your career at HSBC, please visit: www.hsbc.com/careers

Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. If you have a need that requires accommodations or changes during the recruitment process, please let us know.