DP Support - Fund and Operational Risk

The Panel; Dublin; On-site; EUR 70,000 - 100,000; Full time

Job summary

The Panel in Dublin seeks a Designated Person Support to assist the Fund Risk and Operational Risk oversight function. You will help monitor UCITS risk, investment limits, liquidity metrics and collateral exposures while supporting risk reporting and governance activities.

The role requires 2–5 years in risk/oversight within funds, strong Excel/data skills, and a degree in finance/economics/maths/business. Experience with EMIR/DORA, Python/SQL/Power BI/Bloomberg is an advantage.

Qualifications

• 2–5 years’ experience in a risk/oversight role at a ManCo, fund administrator, depositary, asset manager, or funds-focused audit/advisory
• Working knowledge of UCITS risk management, including global exposure, liquidity and counterparty risk
• Understanding of operational risk frameworks and CP86 guidance
• Strong Excel and data skills; ability to write clear committee/board papers
• A degree in finance, economics, mathematics, business or related discipline; right to work in Ireland
• ETF/derivatives/securities lending experience; EMIR or DORA exposure; Python/SQL/Power BI/Bloomberg skills are advantageous
• Progress toward FRM, CFA or ACCA desirable

Responsibilities

• Monitor UCITS risk and investment limits, including global exposure, counterparty exposure, concentration and liquidity, and investigate exceptions
• Run and document liquidity risk monitoring and stress testing
• Monitor counterparty and collateral exposures for derivatives and securities lending
• Reconcile EMIR reporting and follow up exceptions with delegates
• Help maintain risk management process documentation and develop risk systems and data
• Maintain the risk register, KRIs and risk and control self-assessments
• Manage the incident and error log, from root cause analysis to remediation
• Monitor fund administrators, depositaries and other delegates against SLAs and KPIs, and support due diligence and oversight calls
• Support third-party risk and operational resilience work, including DORA and business continuity testing
• Prepare the Designated Persons’ risk reports for the Risk Committee, Delegate Oversight Committee and Board
• Support regulatory reporting and respond to internal, auditor and regulatory requests

Skills

UCITS risk management

global exposure

liquidity risk

counterparty risk

operational risk frameworks

Excel

data skills

committee/board papers

Python

SQL

Power BI

Bloomberg

Education

Degree in finance/economics/maths/business or related

Tools

Python

SQL

Power BI

Bloomberg

Job description

Our client, a growing Central Bank of Ireland-authorised UCITS management company specialising in exchange traded funds, is seeking a Designated Person Support to join its Dublin team. You will support the Designated Persons for Fund Risk and Operational Risk in the ManCo’s independent oversight of risk across its fund range, its delegates and the management company itself.

This role would suit someone from a fund risk or service provider oversight background who is comfortable with data, enjoys investigating exceptions and wants to build a broad risk skill set in a business with a busy launch pipeline.

The Role

• Monitor UCITS risk and investment limits, including global exposure, counterparty exposure, concentration and liquidity, and investigate and escalate exceptions
• Run and document liquidity risk monitoring and stress testing
• Monitor counterparty and collateral exposures for derivatives and securities lending
• Reconcile EMIR reporting and follow up exceptions with delegates
• Help maintain risk management process documentation and develop risk systems and data
• Maintain the risk register, KRIs and risk and control self-assessments
• Manage the incident and error log, from root cause analysis through to remediation
• Monitor fund administrators, depositaries and other delegates against SLAs and KPIs, and support due diligence and oversight calls
• Support third-party risk and operational resilience work, including DORA and business continuity testing
• Prepare the Designated Persons’ risk reports and papers for the Risk Committee, the Delegate Oversight Committee and the Board
• Support regulatory reporting and respond to internal, auditor and regulatory requests

The Person

• 2 to 5 years’ experience in a risk or oversight role at a ManCo, fund administrator, depositary, asset manager, or an audit or advisory practice serving funds
• Working knowledge of UCITS risk management, including global exposure (commitment and VaR), liquidity and counterparty risk
• Understanding of operational risk frameworks and the CBI’s Fund Management Companies Guidance (CP86)
• Strong Excel and data skills, and the ability to write clear papers for committees and boards
• A degree in finance, economics, mathematics, business or a related discipline, and the right to work in Ireland
• ETF, derivatives or securities lending experience, exposure to EMIR or DORA, and Python, SQL, Power BI or Bloomberg skills are all an advantage
• Progress towards FRM, CFA or ACCA is desirable

You’ll be joining a small, fast-paced team with real autonomy, where you’ll be trusted to challenge external providers constructively and follow issues through to completion.