DP Support - Fund and Operational Risk

The Panel; Dublin; On-site; EUR 65,000 - 90,000; Full time

Job summary

The Panel in Dublin seeks a Designated Person Support to bolster its risk oversight across fund risk, liquidity, and regulatory reporting. You will support the Designated Persons for Fund Risk and Operational Risk, handling risk data, exceptions, and governance papers.

The role requires 2–5 years in fund risk/oversight, strong Excel and data skills, and a degree in finance or related fields. Knowledge of UCITS risk, CP86, and EMIR/DORA is an advantage. Irish work rights are essential.

Qualifications

• 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.

Responsibilities

• Monitor UCITS risk metrics 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.
• Prepare the Designated Persons’ risk reports and papers for the Risk Committee and Board.
• Support regulatory reporting and respond to internal, auditor and regulatory requests.

Skills

Risk oversight

UCITS risk

Operational risk

Excel

Education

Finance/Economics/Math/Business degree

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 elevate 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.