Head of Fund Risk

Our client is a well-established fund management company operating across European markets, with a broad and complex product range spanning UCITS and alternative strategies. The Head of Fund Risk is a senior leadership appointment, central to the firm's risk governance framework and directly shaping how risk is understood at board level. This is a high-visibility role for a seasoned professional who is equally comfortable in the technical weeds and the boardroom.

Responsibilities

• Lead the design and ongoing evolution of the fund risk framework, encompassing investment risk, liquidity risk and counterparty risk across a multi-strategy product range.
• Own the firm's risk reporting infrastructure, producing clear, insight-driven reports for senior management, the board and regulatory bodies including the Central Bank of Ireland.
• Drive liquidity risk management across the fund range, ensuring compliance with ESMA guidelines, AIFMD and UCITS liquidity requirements including stress testing and contingency planning.
• Champion engagement with senior internal and external stakeholders including portfolio managers, depositaries, auditors and regulators, acting as the primary risk escalation point across the business.
• Oversee regulatory change management on European risk-related developments, translating evolving requirements into practical policy and process updates ahead of implementation deadlines.

Requirements

• Significant experience in a senior fund risk role within a ManCo, AIFM or asset management environment, with deep expertise in investment risk and liquidity risk.
• Thorough knowledge of European regulatory frameworks including AIFMD, UCITS, ESMA liquidity stress testing guidelines and CBI expectations for PCF-designated roles.
• Demonstrated experience presenting risk matters to boards and senior governance committees, with the credibility and communication skills to influence at the highest level.
• Strong quantitative background; proficiency in risk analytics, VaR modelling, scenario analysis and stress testing methodologies.
• PCF-39C designation held with a relevant third-level qualification in finance, mathematics or a related discipline; CFA, FRM or equivalent an advantage.