Conducting Officer - Risk Management, IT and ESG

LFE European Asset Management Sarl (LFE) is a joint venture between Brookfield Asset Management and Oaktree Capital Management and is a regulated entity supervised by the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) which manages alternative investment funds (AIFs) pursuing PE, Real Estate, Credit, Infrastructure and Transition, amongst other strategies. Our role is to provide independent governance and oversight to Oaktree and Brookfield’s AIFs, with rigorous risk controls, working in internal partnership with the group entities to support growth in Europe.  

LFE is looking to strengthen its team and hire an experienced Conducting Officer in charge of Risk Management, IT and ESG. This position will report to the Senior Management (Head Office and the Board of Managers of the Management Company). 

Scope and Responsibilities 

 
Risk Management 

• Act as Conducting Officer in charge of Risk Management in line with CSSF regulations. 

• Ownership of, definition and review of the risk management procedures (RMPs) and risk management policy for all funds under management; 

• Design, implement and maintain the risk management framework, policies and procedures covering all relevant risk categories (market, credit, liquidity, operational, counterparty, ESG, etc.). 

• Oversee risk monitoring processes for all funds under management and ensure alignment with regulatory requirements and internal risk appetite. 

• Ownership of, definition and review of the risk management procedures (RMPs) and risk management policy for all funds under management; 

• Support onboarding new funds and investments from a risk perspective. 

• Review the investment proposals, portfolio exposures and risk limits, balancing regulatory compliance with business needs. 

• Collaborate with Group functions (risk, compliance, operations, investments) to ensure consistency in standards, methodologies and reporting. 

• Report regularly to the Board of Directors, senior management and regulators on risk matters, breaches and mitigation measures. 

• Communicate risk topics clearly to both technical and non-technical stakeholders. 

• Contribute to governance by participating in internal committees. 

• Maintain dialogue with CSSF and external auditors as required. 

• Respond to internal queries supporting investor requests, reporting and decision-making. 

• Keep abreast of regulatory and industry developments, ensuring timely updates to the risk management framework 

IT  

• Oversee the IT governance framework, with a focus on outsourced IT service providers under CSSF Circular 22/806 and DORA 

• Maintain oversight of critical and important IT outsourcing arrangements, including risk assessments, contractual safeguards and exit strategies 

• Review IT provider reporting (SLAs, KPIs, incidents, cybersecurity metrics, testing results) 

• Ensure implementation and regular testing of Business Continuity and Disaster Recovery Plans 

• Act as escalation point for material IT incidents and coordinate regulatory reporting where required 

• Contribute to Board reporting and governance on IT risk matter 

ESG 

• Lead the SFDR Reporting to achieve high performance and maintain strong engagement. 

• Allocate tasks, set priorities, and monitor progress to ensure deadlines and quality standards are consistently met. 

• Promote a collaborative, solutions-oriented work environment. 

• Ensure timely and accurate delivery of all SFDR regulatory disclosures, including: 

• Pre-contractual disclosures 

• Website disclosures 

• Periodic disclosures 

• CSSF data collection 

• Implement and maintain quality controls, ensuring discrepancies are identified and resolved promptly. 

• Keep abreast of regulatory developments and assess their operational impact. 

Requirements 

• Min 8 years work experience including proven 5-8 years of experience in risk management, investment compliance, IT & ESG functions 

• Excellent knowledge of the Luxembourg UCITS and AIFM legal & regulatory framework, in particular with regard to the risk management, IT & ESG requirements 

• University/ Master degree in Economics, Finance or Science 

• Experience with AIFS in a variety of relevant industries;  

• Good knowledge in finance / investment funds industry in the context of AIFMD and UCITS Directive 

• Excellent numerical and analytical skills, knowledge on valuation of derivatives 

• Ability to bring new ideas in terms of fund structuring, investment strategy and investment processes from a risk perspective 

• Pragmatic and solution-oriented mindset  

Personal Attributes 

• Excellent written and oral communication skills in English  

• Commercial and solution orientated  

• Candidate should be proactive and self-driven 

• Outstanding organizational skills with strong attention-to-detail 

• Team-oriented with strong integrity and professionalism  

• Ability to work well under pressure and with time constraints 

• Ability to multi-task and execute a wide range of assignments, highly organized, strong time management skills, and attention to detail 

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