Investment Oversight Manager
About Us
At Aviva Investors, our expertise is in matching the right investment approach to each client’s unique needs. As the global asset management business of Aviva plc, we bring together our broad investment capabilities to deliver client-focused solutions worldwide. Managing £253 billion in assets, our 1,000-strong team across nine countries is brilliantly connected, collaborative and focused on delivering outcomes that truly matter.
Working together and acting responsibly are central to how we operate. We take time to understand what our clients want to achieve and design solutions that last, strengthening every portfolio through diverse perspectives and integrated thinking. Our long track record in sustainable investing reflects our commitment to doing the right thing for clients and communities alike.
Everyone at Aviva Investors plays a part in creating an exceptional client experience. With the scale and influence to make a real difference, we take our responsibilities seriously. Join us and you’ll find an inclusive, supportive environment where your contribution is valued, high performance is recognised and you’re empowered to shape your development.
We are recruiting an Investment Oversight Manager to join our Global Fund Services team in Luxembourg. This is an excellent opportunity for someone with experience in a management company environment who has strong knowledge of investment management oversight, delegated portfolio management and the regulatory requirements applying to the Luxembourg funds industry.
Reporting to the Senior Investment Management Oversight Manager, you will play an important role in developing and operating Aviva Investors Luxembourg’s Investment Management Oversight Framework in line with local regulatory requirements.
A bit about the role
You will conduct due diligence reviews and ongoing monitoring of delegated portfolio managers across both liquid and illiquid investment strategies. Working closely with investment teams, control functions and other key stakeholders, you will oversee delegated portfolio management activities and monitor relevant performance and risk indicators.
You will review investment recommendations and supporting due diligence materials, produce independent assessments and present findings to the relevant investment committee for approval. You will also support reporting to internal committees and Boards, identify and escalate operational and regulatory risks, and work with delegated investment managers to agree and monitor corrective actions where required.
A key part of the role will be building productive relationships with investment managers, outsourced service providers and internal teams including Risk, Compliance and Internal Audit. Through effective oversight, governance and constructive challenge, you will help ensure that investment activities are managed in line with regulatory expectations, internal standards and client interests.
Skills and experience we’re looking for
Experience working within a management company environment, with a strong understanding of investment management oversight, due diligence and delegated portfolio management.
Good knowledge of a broad range of asset classes and investment strategies, including experience engaging with fund managers across liquid and illiquid investments.
Strong knowledge of the legal and regulatory requirements applying to the Luxembourg funds industry, including Undertakings for Collective Investment in Transferable Securities, Alternative Investment Funds and CSSF Circular 18/698.
Strong analytical, written and verbal communication skills, with the confidence to prepare independent assessments, present findings and constructively challenge senior stakeholders.
A successful track record of building collaborative relationships across investment, risk, compliance, audit and external service provider teams. A relevant professional qualification, such as CFA or CAIA, would be an advantage but is not essential.
What you’ll get for this role:
Salary Range : EUR75k - EUR90k
- Pension plan
- Health insurance through DKV
- Discretionary bonus
- 29 days’ annual holiday
- Sympass card
- Flexible working and the opportunity to work from home
- Life insurance
- Meal vouchers
Aviva is for everyone
We’re inclusive and welcome everyone. We want applications from people with a wide range of backgrounds and experiences. Excited about the opportunity but not sure you meet every requirement? Even if you do not tick every box, we would still encourage you to apply. We also consider different forms of flexible working, including part-time arrangements and job shares.
Most of our people work in a smart way, spending at least 50% of their time in our offices each week. This combines the benefits of flexibility with meaningful time together with colleagues. You can find out more about working at Aviva.
We’d love you to submit your application online. However, if you require an alternative method of applying, please email [email protected]
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Skills Required
- Experience working within a management company environment
- Strong understanding of investment management oversight, due diligence, and delegated portfolio management
- Knowledge of a broad range of asset classes and investment strategies, including liquid and illiquid investments
- Knowledge of legal and regulatory requirements for the Luxembourg funds industry, including UCITS, AIFs, and CSSF Circular 18/698
- Strong analytical, written, and verbal communication skills
- Ability to prepare independent assessments, present findings, and constructively challenge senior stakeholders
- Track record of building collaborative relationships across investment, risk, compliance, audit, and external service provider teams
- CFA or CAIA professional qualification
What We Do
Welcome to Aviva Investors. The global asset manager that chooses integration. The future is full of questions. Only by working closely with our clients can we find the answers. That’s why we integrate our whole business around our clients – their goals, their values and the experience they have when they work with us. That’s why we start by listening closely and understanding their investment aspirations and concerns – from low prospective investment returns, to highly correlated asset prices; from the prospect of rising global interest rates, to the challenges and opportunities of market volatility. Through our vast collective industry experience, we’ve been through every market cycle, making us better prepared for the next one. Inspired by our deep client insight, we build solutions that aim to defy uncertainty, answering the questions that keep our clients awake at night. From large institutional investors to individuals saving for retirement, we work together to deliver meaningful outcomes, now and over the long run. That’s why we work hard to join the dots across asset classes to find the best investment ideas; why we break down barriers so our teams can connect seamlessly; and why we manage risk with discipline and rigour. By working in partnership, we bring components together in new ways to ensure our clients get the very best of our collective expertise with every investment. Please remember the value of an investment and any income from it can go down as well as up. Investors may not get back the original amount invested.
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