Investment Oversight Analyst

About the OpportunityJob Type: Permanent

Application Deadline: 31 October 2024

Title Analyst, Investment Oversight

Department Portfolio Construction and Risk

Location Luxembourg

Level 5

We’re proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our Portfolio Construction and Risk team and feel like you’re part of something bigger.

About your team :

The Investment Management Oversight team is part of the global Portfolio Construction and Risk function and is based in Luxembourg. It plays a critical role in the supervision of the investment management function, in accordance with the CSSF Circular 18/698. A complete range of investment strategies is covered, from traditional public investments to private market assets.

The Portfolio Construction & Risk (PCR) team is part of the wider cross asset investment team at FIL. The main areas of focus include leading the Investment Risk Management Process across all asset classes and supporting Portfolio Managers in Equity, Fixed Income and Multi Asset to build more efficient portfolios.

About your role :
 

The purpose of the role is to play a key part in the investment management oversight across public and private markets. The role will involve establishing a deep understanding of the investment strategies and guidelines / restrictions for the funds (and mandates) managed by or delegated to other FIL or external entities. As well as feeding into the oversight performed by the PCR team, the Investment Management Oversight team supports the local Senior Management and acts as point of contact for investment management matters.

It is expected that the individual will follow the evolution of regulatory requirements in relation to investment management oversight and in relation to the sustainable investment requirements and related market practice. Where required the role will actively participate in and support new fund/mandate launches and any projects linked to the Luxembourg entity for which the support of the function is required.

Specifically the responsibilities here will include:

• Performing regular oversight of the delegated portfolio management activities, working jointly with the investment teams, internal control functions and other relevant teams
• Implementing, reviewing and analysing the relevant investment management related KPI / KRI’s
• Ensuring that the relevant contractual documentation and SLAs (regarding Investment management) are set up and up to date
• Participating in internal meetings to ensure that all first line information regarding the funds under management/mandates are received
• Liaising with the (delegated) investment managers to define and monitor corrective actions in case risk indicators are exceeded or KPIs are not met
• Supporting liaison on investment management matters with key internal stakeholders, such as Investment Risk, Investment Compliance, Internal Audit and external auditors
• Ensuring that the relevant policies and/or or procedures are up to date

About you :

The role requires experience across all aspects of global investment management ranging from direct experience of managing money in a variety of asset classes or in overseeing such activities, to risk management of such activities as well as the evaluation of investment and risk management services provided by others. 

• Knowledge of the legal and regulatory provisions applicable to the UCITS/AIF fund industry, and especially of the CSSF Circular 18/698 are an essential part of the role.
• Experience in reporting effectively to Senior Management
• Proven background in building, maintaining and managing relationships at different levels with a wide variety of service units including fund accounting, investment management and the investment risk oversight
• Strong analytical and problem-solving skills
• CFA or CAIA qualification would be a plus
• Excellent attention to detail
• Comfortable working independently, as well as in a team-oriented, collaborative environment
• Advanced level of English. Any other language skills would be an advantage.

Feel rewarded :

For starters, we’ll offer you a comprehensive benefits package. We’ll value your wellbeing and support your development. And we’ll be as flexible as we can about where and when you work – finding a balance that works for all of us. It’s all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.

As an international financial services organisation, we are in-scope of international regulations in the way that we carry out our work. This position is involved in work that is regulated by the FCA and/or the PRA and their Individual Conduct Rules (COCON) apply to it, along with any other regulation. We provide training on COCON and how it affects our employees. More information about COCON can be found in the Employment Handbook.