(Senior-) Risk Manager Alternative Assets (Debt/Credit) (m/w/d)

HypoVereinsbank; München; On-site; EUR 80,000 - 110,000; Full time

Benefits offered by this job

Flexible working hours

Supportive work environment

Team collaboration

Job summary

A financial services company is seeking a Senior Risk Manager for Alternative Assets in Munich. The ideal candidate will have extensive experience in risk management for credit portfolios, advanced skills in regulatory compliance, and a quantitative degree. Responsibilities include overseeing risk for funds, designing investment products, and ensuring quality reporting. A proactive approach and excellent communication skills in English and German are essential. This is a full-time permanent position offering a supportive work environment.

Qualifications

• Several years of experience in risk management for alternative asset classes.
• Strong expertise in limit, leverage, and liquidity management.
• Solid understanding of regulatory frameworks in the fund environment.
• Advanced MS Excel skills.

Responsibilities

• End-to-end responsibility for fund and securities risk management.
• Design, launch, and enhance new fund and investment products.
• Ensure compliance with regulatory requirements.
• Produce, enhance, and assure quality of risk reporting.
• Act as a key interface for Portfolio Management.

Skills

Risk management

Credit portfolios

Regulatory frameworks

MS Excel

English

German

Education

Degree in Economics, Finance, Mathematics or similar

Tools

Risk management systems

Job description

Apply as (Senior-) Risk Manager Alternative Assets (Debt/Credit) (m/w/d)

General Information

Job ID

78980

Company

UniCredit Invest Alternatives GmbH

Competence Line

Private banking

City

Country

Germany

Job Type

Professional

Functional area

Investment Banking Products

Working time model

Full-time

Type of contract

Permanent

asap

What you’re doing

• End-to-end responsibility for fund and securities risk management across alternative assets, with a strong focus on credit portfolios, private debt, structured credit and multi-asset strategies, including market, liquidity and credit risk management for liquid and semi-liquid fund structures
• Taking a leading role in the design, launch and ongoing enhancement of new fund and investment products
• Managing, developing and continuously overseeing all risk management activities throughout the full investment lifecycle
• Ensuring full compliance with regulatory requirements, including investment and limit checks, stress testing and other supervisory obligations, including liquidity risk management, redemption stress testing and escalation frameworks
• Owning the production, enhancement and quality assurance of fund and securities risk reporting for internal and external governance bodies
• Acting as a key interface and trusted sparring partner for Portfolio Management, working closely with relevant teams at UniCredit SpA and UniCredit Bank GmbH
• Providing cover and deputy support within Risk Management, in particular for Private Equity, Liquid Alternatives and the Management Company (KVG)
• Contributing actively to cross‑functional projects and strategic initiatives related to alternative asset classes and risk governance

What you’ll need to succeed

• Degree in Economics, Finance, Mathematics or a comparable quantitative discipline
• Several years of experience in risk management for alternative asset classes, particularly credit portfolios, private debt and structured credit, as well as related multi-asset structures
• Strong expertise in limit, leverage and liquidity management, including fund‑and portfolio‑level stress testing
• Solid understanding of regulatory frameworks in the fund/KVG environment (notably AIFMD, KAGB, MaRisk and relevant CSSF circulars), combined with proven ownership of risk frameworks and senior‑level interaction with management and regulators
• Advanced MS Excel skills; experience with risk management or portfolio systems is an advantage
• Proven ability to produce clear, decision‑ready risk reporting and present it to senior stakeholders
• Excellent written and spoken English; German language skills are an asset
• A proactive team player with a structured, diligent and accountable approach to work

What you’ll get in return

• EnjoyNetworking – From day one, you will be part of a vibrant community and a great team that supports each other.
• JoinOurTeam – Our employees are the driving force behind our success and therefore our greatest asset.
• BalanceYourLife – Digitization and flexibility shape our modern working world. Design your working life with flex time the way it suits you best.
• LiveOurCulture – We don’t just accomplish our work, but experience and shape it together. As a real team, we communicate at eye level #CallMeByMyFirstName, value every opinion and are convinced that success is based on people empowerment.

We are an equal opportunity employer. We stand together in nurturing a workplace that welcomes diverse thinking and inclusive behaviors. Making all voices heard and leveraging "diversity of thought" regardless of gender identity, age, race, ethnicity, sexual orientation, ability, cultural background, we ensure sustainable growth and new business opportunities, a strong drive for innovation and creativity, as well as a general improvement of the work climate with positive impact on productivity, well‑being and engagement of our people.