Coller Capital has grown rapidly since its formation in 1990 and is now one of the world's leading investors in private equity's secondary market – widely acknowledged as an innovator and a stand-out player at the complex end of secondaries. The firm provides liquidity solutions to many of the world’s leading private equity investors, acquiring interests in private equity funds, portfolios of private companies, and other private equity-related assets.

In January 2021, the firm closed Coller International Partners VIII, with capital commitments of over $9 billion. As part of its multi-product strategy, the firm also successfully closed its first credit fund (CCO I) in February 2022 at over $1.4 billion capital commitments. In March 2023, Coller Capital announced the creation of its global Private Wealth Secondaries Solutions (“PWSS”) business to provide further access to private capital markets for high-net-worth individuals. To date, Coller has launched retail products in the US and Luxembourg.

The firm is currently in Fundraising/pre-launch across all successor funds/product lines and as part of this growth, set up its own Alternative Investment Fund Manager (AIFM) in Luxembourg, under a Fund of Funds investment strategy as of December 2023.

Senior Risk Manager - Luxembourg

Working alongside fellow Managers and Conducting Officers in Luxembourg, and ultimately reporting to the Board of Directors, you will foster strong relationships with various counterparties, including the Investment Advisor, to deliver best in class supervision, oversight and reporting of the underlying AIF’s Risk activities. Coller advocates a collaborative, entrepreneurial spirit and fast-paced atmosphere which has proven to be an ideal environment for team members to learn, develop and flourish.

You will encounter a broad and strategic remit. Directly reporting to the Risk Conducting Officer, you will be responsible for the operational oversight of Coller Funds through all stages of their lives; ensuring that underlying AIFs risk areas are identified, documented, monitored, tested, and mitigated accordingly. You will sit within the Luxembourg office, however the role will involve working with the Coller Investment Advisors and administrator teams.

Other tasks include:

AIFM Responsibilities:
* Contributing to the risk management framework for the AIFM and its underlying AIFs by developing and maintaining documentation such as risk policies, procedures, risk registers and risk profiles.
* Ongoing identification, measurement, management, and monitoring of key risks associated with AIFs, including market risk, liquidity risk, credit risk, counterparty risk, and operational risk.
* Supporting the AIFM in identifying, tracking, and managing AIFs risk profiles while advising management on regulatory compliance and internal risk limits.
* Ensuring that the risk profiles of the AIFs disclosed to investors are consistent with their respective risk appetites set by the Board.
* Evaluating liquidity management processes including Liquidity Stress Testing (LST).
* Working closely with the Investment Advisor and AIF Administrators to agree information flows and form oversight review procedures.
* Provision of quarterly reporting and ad-hoc analyses to the Board, Management Committee, Auditors, and the CSSF as applicable.
* Design and update the Risk and Control Self-Assessment (RCSA) to map operational risks, including Key Risk Indicators (KRIs) and incident reporting.
* Coordination with various internal and external stakeholders to ensure that relevant risk measures are correctly estimated and aggregated, and proactively highlight areas of concern.
* Contribute to, and monitoring of implementation of best practice, and continuous improvement whilst supporting general operation of the AIFM.

More infrequent work may be required and could include designing process improvements and efficiencies, and project work or initiatives which may see you collaborating with multiple teams across the product range of the Coller business.

The candidate

At Coller Capital, the key to our success is the efforts and skills of our people. As a Senior Risk Manager, you will work closely across all of Coller’s core teams.

We value strong communicators who have communication, impact and influencing skills at senior levels, and the ability to take accountability for significant areas of work, whilst managing multiple competing priorities. The successful candidate would be encouraged to form opinions and make recommendations around the complete risk profile of multi-billion dollar funds, and all associated workflow to assess and monitor these risks. This is a high-profile role and provides a top-performing candidate with the opportunity to work within a growing, innovative organisation, whilst adding value to the business as a whole.

You will see your efforts deliver tangible results and you will have the opportunity to develop your career in a meritocratic environment. Our corporate structure shuns hierarchy and bureaucracy – preferring agility, teamwork and innovative thinking. We are committed to supporting the learning and development of team members, through both structured training and informal channels.

What to expect when you join our firm
* Hybrid working environment
* Generous holiday and pension policies
* Maternal / paternal leave benefits and family services
* All-inclusive approach to Diversity, Equity & Inclusion
* Complimentary subscription to Headspace (the mindfulness app)
* A vibrant and inclusive social environment

Essential experience:

* Post graduate degree in Finance, Economics or similar field from university or business school.
* At least 7 years of relevant experience as Risk Manager within a Management Company and/or Fund Industry.
* In depth knowledge of AIFM industry standards and Risk regulation (e.g. AIFMD, CSSF Circulars, ESMA Guidelines).
* Strong proficiency in quantitative tools and financial risk management techniques, including stress testing.

*Fluent in English (both written and spoken); French is a plus

Desirable experience:

* Experience working within the secondary private capital market, or Fund of Funds environment.
* Experience with both open-ended and closed-ended funds.
* Experience working alongside regulators, administrators and other third-party providers.
* Knowledge of the Digital Operational Resilience Act (DORA) and other ICT risk guidelines.
* FRM, CFA or CAIA professional designation preferred but not required.

Competencies:

* Excellent interpersonal skills; able to create, develop and maintain strong business relationships with internal and external stakeholders
* Ability to work collaboratively in a growing, fast-paced environment and manage multiple priorities within deadlines
* Capable of taking responsibility for significant areas of work and delivering with minimal supervision, demonstrating an accountable and proactive approach
* Strong team spirit; contributes to a collaborative and supportive team culture
* Demonstrate the ability to assimilate and adapt quickly to new knowledge and concepts
* Ability to identify efficiencies, solve problems, and drive change to influence decision-making

Benefits:

In addition to a competitive salary and bonus scheme, we offer private medical insurance and an attractive pension.

Please let us know if we can make any reasonable adjustments at interview in order to fully support and promote your talent.