Share this Job

Senior Financial Risk Manager

Luxembourg, LU, L-2955

Purpose of the Job


Quintet Private Bank is a leading private bank in the wealth management sector; we are committed to our clients and their families, and pride ourselves on our personalised service based on a deep understanding of what clients want to achieve. Compared to others, we are small (<2,000 employees across 50 European and UK locations) with an ambition to stay true to our purpose to be the most trusted fiduciary of family wealth. As part of the Group Risk Control function, the Financial Risk & Reporting (FRR) department is: 


  • In charge of assessing and supervising the financial risks arising from the Group activities across its entities;
  • The central architect of the function risk data warehouse dedicated to regulatory and internal risk reports; 
  • The central partner for transversal risk projects such as the ICLAAP or recovery plan; and
  • The competence centre for quantitative and modelling activities for the function.

To reinforce its Market & Liquidity Risks team, the Financial Risk & Reporting department is actively looking for a Senior financial Risk Manager. As a member of the 2nd line of defence, the successful candidate will contribute to the monitoring of financial risks arising from the ALM and Treasury activities of the Group by computing/monitoring/reporting various management and key risk indicators in an ever more demanding regulatory context, as well as contributing governance arrangements.

Key Accountabilities


  • Take ownership of the design and implementation of the risk framework, policies and procedures to enable effective management in compliance with applicable regulation.
  • Act as SME for risks matters relating to market, liquidity and counterparty credit risks, and ensure regulatory watch on these thematic.  
  • Provide expert input to the Group ICAAP and Recovery Plan and take responsibility for dedicated stream of the SSM stress test exercises.
  • Take part in the Bank’s risk monitoring processes by overseeing the production of daily/monthly key risk indicators for the entity in Luxembourg and for the Group including

-    Computing liquidity indicators for the entity in Luxembourg and for the Group
-    Computing VaR and sensitivity indicators on interest rate and credit spread risks in the Banking Book
-    Computing (stressed) HVaR and sensitivity indicators in the Trading Book
-    Producing reporting to the Management and/or the regulator on those different set of indicators


  • Interact with various stakeholders inside the company:

-    Colleagues in the ALM & Treasury teams in the Dealing Room: offering them with support and challenge in a solution-minded approach
-    Colleagues within the other entities of the Group when providing them with new reporting guidelines or when consolidating data up-streamed to the Head Office (in Luxembourg)
-    Senior Management: answering their questions on past evolutions

  • Interact with external stakeholders such as Regulators and or External auditors, answering their requests, timely delivering action plans.

Knowledge and Experience


  • Experienced candidate with at least 5 years of relevant experience in financial risk reporting

Attributes and Qualities


  • Strong reporting skills: i.e. able to realise complex tasks requiring accuracy and reliability
  • Good financial knowledge and analytical skills: i.e. able to adopt a critical eye on the reporting produced and to extract the main information relevant to the various stakeholders

Technical Skills


  • Knowledge of Kondor, Risk Fusion, LexiFi or Bloomberg would be considered as an asset, Clausematch 
  • Excellent command of MS Office – Knowledge of VBA for Excel and/or Access and of SQL is a plus

Languages Skills


  • Fluent in French and English