Janus Henderson Investors Financial Risk Manager (13 month FTC) in Luxembourg
We are a leading independent global asset manager, dedicated to delivering the best outcomes for our clients through a highly diversified range of actively-managed products. We are truly global, supporting our individual and institutional investors across a range of products, encompassing equities, fixed income, multi-asset and alternatives. Our high-energy and collaborative culture at Janus Henderson helps our client achieve their goals and ensures that our people love the place they work.
The Risk and Compliance functions include approximately 125 roles globally, the majority of which are in the London headquarters and the Denver office. In Luxembourg, the Risk team counts at present 2 people, covering the cycle of identification, measurement, analysis, recommendation plan and follow-up of risks related to funds under management as well as the performed activities, with the main objective to ensure that inherent risks remain within the framework stated by the Management Company risk appetite.
Overview of the role
This role will mainly cover Financial Risk with a small role in the oversight of Operational Risk . The role will work closely with the Risk teams in London and Denver, working closely on key global projects, developments and enhancements to the Global Financial Risk framework.
This role is located in our Luxembourg office, and will form a core part of the local team which includes a number of product, distribution, operations, risk and compliance professionals. The role will focus on our Luxembourg and Irish fund ranges and will offer the opportunity to be involved in corporate projects as well as local operations.
Duties and responsibilities
Lead on UCITS/AIF financial risks monitoring and reporting:
Daily VaR and commitment and leverage monitoring, and facilitate actions as necessary in the event of limit breaches;
Reviewing and approving derivatives exposure thresholds;
Monitor liquidity risks daily reports and liquidity and market stress tests;
Monitor OTC counterparty risk (EMIR to be considered);
Generate and review statutory Financial Statements risk notes and derivatives disclosures (cyclical rolling monthly),
UCITS and AIFs under management
Luxembourgish and Irish funds
Participate in the development of an improved and consistent process and framework for VaR and leverage reporting across all relevant fund ranges, with the main aim of minimizing manual work,
Have responsibility for reporting for Financial Risk (market, liquidity, and credit risk) to:
CSSF (i.e. semi-annual UCITS report, high leverage funds report)
CBI (for Irish funds)
Funds boards (quarterly);
HMSA (weekly, monthly, quarterly);
monthly / reports for trustees, depositaries, clients
ad hoc report if needed
Participate in the update and further development of the Risk Management policy and process for HMSA.
Participate in the oversight of operational risk management.
Lead the preparation of sub-funds risk profiles for UCITS and AIF under management and the set-up of related risk limits and thresholds.
Participate in the pricing policy review and be involved in pricing issues discussions and follow-up.
Carry out additional duties as assigned.
Technical skills and qualifications
Experience in risk management and controls activity
Good academic record in finance and quantitative field (graduate/post graduate)
Good understanding of financial markets and risk management, with the ability to challenge fund managers
Good understanding of different risk measures
Good understanding of financial instruments and portfolio construction
Good knowledge of applicable UCITS and AIFM regulation and local regulatory environment
Sound knowledge of other CSSF and CBI regulatory requirements and principles
Good IT skills, including PowerPoint, Excel
In addition to putting clients first, acting like an owner, and succeeding as a team, the competencies for this role include:
Self-starter and pro-active
Ability to challenge constructively and deliver positive outcomes
Good communication skills, both written and oral, with the ability to communicate effectively at different levels, and globally
Ability to build and maintain relationships internally and externally
Good planning, organizational and prioritization skills, and ability to assist team members with this as necessary
Ability to meet tight deadlines and work in a pressurized environment
Ongoing competence in the role to be assessed, in line with applicable regulatory requirements, by:
Annual performance appraisal
Completion of all assigned compliance training
At a minimum the role will require you to:
Place the interest of Janus Henderson’s Clients first and always act in accordance with TCF (Treating Customers Fairly) principles
Understand and follow laws and regulations applicable for your role, seeking the help of your supervising manager or Compliance if you would like further explanation or direction regarding this
Understand and abide by all Janus Henderson policies applicable to your role, and ask for the support/guidance of the policy owner if you are unsure at any time
You are ultimately accountable for your actions and responsible for seeking further information on any or all of the above as necessary.
Janus Henderson (including its subsidiaries) will not maintain existing or sponsor new industry registrations or licenses where not supported by an employee’s job functions (as determined by Janus Henderson at its sole discretion).
All applicants must be willing to comply with the provisions of Janus Henderson Investment Advisory Code of Ethics related to personal securities activities and other disclosure and certification requirements, including past political contributions and political activities. Applicants’ past political contributions or activity may impact applicants’ eligibility for this position. Janus Henderson is an equal opportunity /Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status. All applications are subject to background checks.