Associate, International Finance, Risk Management

About the role

Blackstone Europe Fund Management S.à r.l. (BEFM), a UCITS and alternative investment fund manager authorised by the CSSF, is recruiting an Associate for its Risk Management team in Luxembourg. The Associate reports to the head of Risk Management and works on credit and private equity/infrastructure strategies.

Key responsibilities

• Risk management and fund compliance: draft and update risk profiles regularly, identify, assess and monitor risks of BEFM-managed funds, implement risk mitigation and corrective actions, and monitor compliance with investment restrictions and guidelines
• Deal risk reviews before transactions, assessing alignment with the fund's investment strategy and risk profile
• Prepare risk data for regulatory reporting, such as AIFMD Annex IV risk inputs
• Update and review policies, procedures and risk profiles in line with regulatory requirements and industry best practice
• Prepare recurring reports and materials for senior stakeholders
• Oversee risk processes, possibly supported by internal or external teams, and suggest improvements to existing processes

Required profile

• Master's degree in Finance, Economics, Accounting, Financial Engineering or a related discipline
• 4 to 6 years of relevant experience in financial services, such as UCITS management company, AIFM or risk advisory; prior Big 4 experience is an asset
• Strong understanding of risk management techniques, including Value-at-Risk, stress testing, liquidity modelling and counterparty risk; familiarity with AIF regulatory requirements is an advantage
• Excellent analytical and financial skills with strong attention to detail
• Ability to work independently, prioritise and complete tasks on time, and to collaborate across functions and geographies

Required skills

• Proficiency in MS Excel, Word and PowerPoint
• Knowledge of VBA, SQL and tools such as Anaplan, Tableau or Power BI is a plus
• Appetite for adopting new technologies and driving automation initiatives