Senior Risk Manager – Banks and Financial Institutions

HACA Partners in brief

Created in 2016, HACA Partners is an approved audit and consulting firm (cabinet de révision agréé - supervised by the CSSF) focusing its energy and expertise on its core businesses: external audit, internal audit, regulatory & compliance, risk management, and consulting services.

Since its launching, the firm is in constant development with a team now composed of hundreds of professionals.

The objective of HACA Partners is to offer to its clients the services of professionals with a wide range of experience and expertise.

www.hacapartners.lu

Your missions

As part of the Risk Management team, you will serve banks, financial institutions, and investment firms through different types of ad hoc and/or recurring mandates relating to risk management, including but not limited to:

• Providing methodological and normative (regulatory) expertise to respond effectively to the needs of Banks and Investment Firms;
• Defining, implementing, and/or upgrading risk management frameworks, covering:
• Capital and liquidity risk (ICAAP, ILAAP, ICARA);
• Credit, market, and operational risk;
• Interest rate risk (IRRBB) and credit spread risk (CSRBB);
• Other risks, including ESG-related risks;
• Providing assistance in ongoing activities, including in the event of temporary or permanent client needs, such as providing and documenting risk opinions in deal flows;
• Taking charge of risk management reporting and processes, including optimization of reporting production for ICAAP/ILAAP, ICARA, COREP/FINREP regulatory reporting, IRRBB/CSRBB, interest rate and credit spread risk monitoring, RCSA and operational risk frameworks;
• Developing risk methodologies and best practices to enhance clients’ risk governance and compliance with banking regulations;
• Conducting independent risk assessments, gap analyses, and stress testing for clients to ensure compliance with CSSF, ECB, EBA, and Basel framework;
• Contributing to risk management-related projects, including tailor-made solutions for clients to optimize their risk frameworks and regulatory alignment;
• Supporting business development efforts, identifying new opportunities, preparing commercial proposals, and strengthening relationships with existing and prospective clients;
• Contribute to the implementation and structuring of customer training sessions (HACADemy), and to the organization of workshops on risk management topics.

Your role

As a Risk Manager or Senior Risk Manager, you will be responsible for managing multiple mandates within the banking sector. Your role will consist in:

• Supporting the firm’s growth by leveraging your network to attract new clients and expand the Risk Management Banking service offering;
• Providing regulatory and methodological expertise to help clients enhance their risk management frameworks and governance structures;
• Assisting banks and investment firms in the implementation, monitoring, and enhancement of risk control mechanisms;
• Reviewing and implementing risk management policies, risk appetite frameworks, and reporting processes to ensure compliance with Basel III/IV, CRR/CRD, and other regulatory requirements;
• Leading or assisting in the implementation/maintenance of risk models related to capital adequacy, liquidity, credit, market, and operational risk;
• Performing independent gap analyses and stress tests to assess capital and liquidity positions;
• Providing risk opinions in investment decision-making processes;
• Taking charge of regulatory reporting (COREP, FINREP) and ensuring the optimization of reporting production processes;
• Assisting in risk management-related audits and supporting regulatory compliance initiatives.

Your profile

• At least 5 years of experience in risk management in banking or financial services, including a minimum of 3 years in a Luxembourg-based function within a bank, investment firm, or consulting for the banking sector;
• Master’s degree in economics, finance, risk management, or equivalent;
• Any professional certification (CFA, FRM, PRMIA) is a plus;
• Strong knowledge of banking regulatory frameworks (Basel III/IV, CRR/CRD, CSSF circulars, EBA guidelines, IFRS 9, AML/CFT regulations, etc.);
• Experience in ICAAP, ILAAP, ICARA, IRRBB, CSRBB, COREP / FINREP, and RCSA frameworks;
• Business development mindset with a proven ability to identify opportunities and build client relationships;
• Ability to work independently and as part of a team to deliver high-quality results;
• Strong analytical and logical problem-solving skills;
• Excellent communication skills, both written and verbal;
• Fluency in French and English (any additional language is a plus).