Job Title: Investment Fund Manager Supervisor
About the Role
The successful candidate will be employed as a public servant under a permanent contract.
Upon meeting the required conditions, they will be asked to apply for admission to the status of civil servant.
Prior to the conclusion of the contract, the candidate must provide an extract from the criminal record dated less than two months to prove their conduct and integrity.
Key Responsibilities:
* Authorization Process: The supervisor is responsible for processing authorization requests from investment fund managers (IFMs) including initial requests and subsequent modifications.
* Prudential Supervision: Perform prudential supervision of a portfolio of IFMs by analyzing financial reports, annual reports, management letters, control reports, and reviewing regulatory compliance and assessing risks inherent to the organization and activities of IFMs.
* Contact Person: Serve as the designated contact for all queries related to IFMs.
* Meetings and Inspections: Participate in preparing meetings with IFM representatives and draft meeting minutes as necessary. Prepare and participate in on-site inspections of IFMs as required.
* Regulatory Framework Analysis: Analyze questions related to the regulatory framework of IFMs.
* Analytical Memos: Draft analytical memos for management decision-making purposes.
* Cross-Functional Collaboration: Collaborate with other CSSF departments on transversal files and subjects.
* Development Projects: Participate in cross-functional working groups and follow up on development projects within the UCI business line.
* Regulatory Framework Development: Contribute to the development of the regulatory framework and supervisory tools of the CSSF.
Profile Requirements:
* Education: Hold a four- or five-year university degree at Master's level in economics, finance, management, or law.
* Professional Experience: Have minimum professional experience of three years within the field of UCIs and/or IFMs. Experience related to key functions of an IFM, such as control functions, portfolio management, or valuation, is considered an advantage.
* Knowledge and Skills: Possess good knowledge of regulatory and legal obligations that IFMs must adhere to, with detailed knowledge of MiFID rules applicable to IFMs being an advantage.
* Languages: Exhibit full professional proficiency in written and spoken English, with adequate language skills in written and spoken French and ideally German. Knowledge of Luxembourgish is considered an asset.
* Personal Qualities: Display ability to work autonomously, in a team, and possess analytical, communication, and writing skills to present complex matters concisely and comprehensively.
* Behavioral Traits: Demonstrate proactive behavior, rigorous work ethic, flexibility, stress resistance, and a sense of initiative/keenness to take initiatives.