September 16, 2024

Amundi

Dublin

OTHER

Head of Fund Risk

Who we are looking for

The Head of Fund Risk for AIL is in charge of assessing financial risks of Amundi funds/mandates and to report/advise to Senior Management and the Board of Directors of the adequate financial risk appetite for products developed and monitored under his/her responsibility. The role is responsible for implementing appropriate controls in line with industry best practice, CBI and Legal requirements and Amundi Group risk policy.

The Head of Fund Risk will monitor on ongoing basis the financial risk framework both for portfolios managed directly by AIL and delegated investment managers, working with internal and external parties for the resolution of any violation of financial risk limits.

The Head of Fund Risk is responsible for providing the Board, the Risk Management Committee, external and Senior Management with regular reports on the risk framework and violations.

Why this role is important to us

Risk Management’s main objective is to ensure that the financial and operational activities of AIL do not expose them and clients to potential or unexpected losses beyond their risk tolerance levels. The Head of Fund Risk is a key contributor to the implementation of Amundi’s Risk Management framework within AIL.

What you will be responsible for

Responsible for the financial risk framework for Investment products in AIL
Provide oversight and reporting for DP Fund Risk Management under CP86 requirements
Define and present to the Board the correct financial risk appetite of products developed in AIL or under management of AIL
Translate the risk appetite in tangible limits (exposures, VAR, TE, liquidity, etc..) to be assigned to each product
Define stress scenarios (liquidity and marker risk) to each portfolio
Monitor the limits, escalate and follow up violations according to the Amundi escalation procedure
Review monthly financial risk reports received by external managers and liaise with external risk managers to resolve violations/ issues
Conduct regular portfolio reviews of portfolios under his/her responsibility
Prepare regular and ad hoc reports on violations and other financial risk matters to the Board, Risk Management Committee, Clients and Senior Manager
Liaise with the local regulator on financial risk matters
Collaborate with Risk Management teams in Amundi in developing the group risk framework

What we value for the role

Team Player
Initiative /self-starter/motivated
Problem solving ability
Highly organized and detail oriented with strong analytical/quantitative skills;
Leader
Ability to constructively challenge
Ability to motivate team members

Education & Preferred Qualifications

8+ years’ experience with a proven track-record in the risk management field, ideally from an Asset Management background.
Experience of dealing with senior management and interacting at Board level.
Knowledge of financial services operations including equity, fixed income and derivative instruments;
Proficient MS Excel user;
Familiarity with CP86 requirements for Fund Risk Management
Prior PCF39 approval
Experience in valuation of financial instruments.
Data Mining experience
VBA and SQL an advantage;
Bachelor Degree / BSc Degree or equivalent;
FRM or CFA qualification.

We welcome applications from those who may be returning to work following a break in their career.

About Amundi
What we do. With close to 5,500 team members, and market experts in 35 countries, Amundi provides retail, institutional and corporate clients with innovative investment strategies and solutions tailored to their needs, targeted outcomes and risk profiles. Amundi manages 2.116 trillion euros of assets across six main investment hubs.

What we offer. We make all efforts to create a great and positive work environment, focusing on retaining, nurturing and rewarding talent. As a member of our team, you will share access to competitive and comprehensive benefits package inclusive of flexible work options, mentorship as well as an opportunity for cross-functional and geographical internal mobility and a range of development programmes to help you reach your full potential.

Inclusion, Diversity and Social & Societal Responsibility. We pride ourselves in being a responsible and committed financial player. We are keen to develop a responsible, demanding vision of our business, paying rigorous attention to our employees ensuring there is equal opportunity, diversity, inclusion and non-discrimination. Amundi Ireland aim to help provide the tools to help balance your professional and personal life providing access to employee networks, such as our Women’s Network, Charity Committee and Mental Health Champions.