Risk & Compliance Associate / Vice President - Asset Management & Equities

Alantra Investment Managers; España; Sur place; EUR 90 000 - 130 000; Plein temps

Résumé du poste

Alantra is seeking an Associate / Vice President for Risk & Compliance in Madrid to strengthen the second-line risk management and regulatory control framework across Asset Management and Equities Brokerage & Research. The role combines investment and operational risk oversight with governance reporting.

You will work with investment teams and control functions to identify risks, assess control effectiveness and implement proportionate compliance arrangements, supporting MiFID II / MiFIR and

Qualifications

• Experience in risk management, regulatory compliance and governance within financial services.
• Strong understanding of MiFID II / MiFIR and AIFMD frameworks is advantageous.
• Ability to identify, challenge and monitor investment and operational risks.

Responsabilités

• Support second-line risk management and compliance across Asset Management, Equities Brokerage & Research.
• Assist with governance, control testing and regulatory reporting for risk committees and management bodies.
• Coordinate with investment teams and control functions to translate regulatory requirements into practical arrangements.

Description du poste

About Alantra

Alantra is an independent global financial services firm that provides investment banking and asset management services to midmarket companies, families, and investors. The Group has over 500 professionals in Europe, the U.S., Latin America, Asia, and the Middle East.

In Investment Banking, Alantra has completed over 1,000 transactions in the last five years. Alantra combines a strong local presence in key financial centers with global sector- and product-specialized teams.

In Alternative Asset Management, Alantra offers its clients unique access to a wide range of investment strategies in five highly specialized asset management classes (private equity, active funds, private debt, energy, and venture capital). As of 31 December 2025, assets under management from consolidated businesses stood at c. €2.7bn, while those managed by firms in which the Group holds a strategic stake amounted to c €14.5bn

Job Description

Department: Risk & Compliance (R&C)

Business coverage: Asset Management and Equities

Location: Madrid, Spain

Business Focus

Alantra is a global independent financial services group providing specialist advisory and investment solutions. Its activities span Investment Banking, Asset Management and Equities Brokerage & Research. The Risk & Compliance function supports businesses and investment activities across the Group.

The role will initially focus on Asset Management, with responsibilities progressively expanding to cover Equities Brokerage & Research and related MiFID investment services.

Relevant Asset Management strategies include private equity (buyout, growth, co-investments and secondaries), private debt / private credit (including direct lending), infrastructure and real assets, climate and energy-transition investments, solar and other renewable-energy assets, as well as listed-equity and alternative investment strategies..

Role Purpose

The Associate / Vice President will strengthen the second-line Risk Management, Compliance and internal control framework across the relevant businesses. The role combines investment and operational risk oversight with regulatory compliance, control testing, monitoring and governance reporting.

Working closely with investment teams, business management and relevant control functions, the successful candidate will identify and challenge risks, assess the effectiveness of controls and help translate regulatory requirements into proportionate, practical arrangements.

Key Responsibilities

1. Investment and Portfolio Risk Management

• Risk Identification and Assessment: Assist in identifying, assessing, monitoring and reporting fund and portfolio risks, including credit, counterparty, concentration, market, liquidity, valuation and operational risk, as applicable to each strategy.
• Portfolio Risk Monitoring: Monitor portfolios against investment mandates, concentration limits, risk appetite, fund documentation and relevant internal policies; analyse exceptions and support timely escalation.
• Private Markets Risk: Support risk assessment of illiquid and private-market investments, including private equity, direct lending, infrastructure and renewable-energy portfolios, taking account of asset-specific risks.
• Liquidity and Leverage Risk: Contribute to monitoring of leverage, liquidity, stress testing, cash-flow and refinancing exposures across relevant investment strategies.
• Valuation Risk: Support independent valuation governance, including valuation methodologies, challenge of material assumptions, committee materials and management of valuation-related conflicts.
• Risk Reporting: Prepare clear investment-risk reporting and analysis for risk committees, management bodies and other governance forums.

2. Asset Management Regulation and Fund Compliance

• AIFMD Compliance: Support compliance oversight under AIFMD and applicable local implementation in Spain, including governance, organisational arrangements, fund-level investment restrictions and regulatory change.
• Fund Compliance Monitoring: Review the operation of fund controls against constitutional documents, offering materials, investment policies and investor commitments, with appropriate escalation of breaches.
• Delegation and Outsourcing Oversight: Assist with oversight of delegated and outsourced activities and third-party service providers, including administrators, depositaries and external valuers, where applicable.
• Conflicts of Interest: Assess conflicts involving related-party transactions, allocation of opportunities, cross-fund investments and other potential conflicts arising from fund structures and investment activities.
• Fund Marketing and Distribution: Support compliance oversight of fund marketing, fundraising and investor disclosures, including applicable AIFMD marketing requirements and cross-border distribution restrictions.

3. MiFID / Equities Compliance and Market Conduct

• MiFID Compliance: Support compliance monitoring of relevant MiFID II / MiFIR inve