Experienced Investment fund specialist - German speaking (m/f), Luxembourg

Commission de Surveillance du Secteur Financier (CSSF) acts exclusively in the public interest. Our aim is to protect financial consumers and to promote fairness, transparency and security within the financial sector, one of the main pillars of the Luxembourg economy.

The CSSF is also distinguished by its strong involvement at European and international level. Our staff actively participate in working groups set up by international institutions and work closely with other European authorities, with the shared aim of promoting financial stability at European and international level.

Tasks

• Perform the prudential supervision of investment funds for a diversified portfolio of funds (UCITS, UCI, SIF, SICAR) according to a risk-based approach:
• Based on the annual closing documents of the funds (e.g., annual reports, management letters, self-assessment questionnaires and separate reports) and other relevant information available to the CSSF (e.g., reporting, notifications circular CSSF 24/856), perform analyses on the risks / issues identified which may relate to themes such as valuation, NAV determination, accounting, investment compliance, expenses and income, disclosures, etc.
• Prepare analytical reports on the key findings and results of the analysis, including both technical and legal aspects, as well as the related supervisory measures (e.g., requests for information, observation letters)
• Conduct ad hoc and thematic analyses in the area of investment funds in relation to the subjects covered by the division and/or the department
• Interact directly with the responsible personnel of the supervised investment funds, their investment fund managers and/or any other stakeholders
• Contribute to the ongoing development of the prudential supervision approach as well as related analytical tools

Profile

• Master’s degree in Business Administration and Management and/or Finance
• Additional qualifications, such as certifications in valuation, CFA, CAIA, will be considered as an advantage
• Professional experience of more than 10 years in the field of investment funds (e.g., external audit/statutory auditor, valuation advisor/expert, financial analyst/advisor, risk management, compliance)
• Solid knowledge of the regulatory framework (e.g., UCITS, AIFMD, CESR/ESMA)
• Proficiency in written and spoken German and English. French and/or Luxembourgish will be considered as an advantage
• Strong writing, analytical and synthesis skills, including the capacity to understand and summarize more complex subjects/issues
• Proactive, rigorous, organized, communication skills and strong sense of discretion
• Ability to work both autonomously and as part of a team