Risk Analyst – AIFM (F/M/D)

We are seeking a detail-oriented and analytical Risk Analyst to join our Risk Management team. The Risk Analyst ensures that PANDOO Management’s AIFM risk framework adheres to all relevant legal, regulatory, and internal risk management requirements, with a focus on Alternative Investment Funds (AIFs).

• Support maintenance and monitoring of risk exposure assessments (market, credit, liquidity, operational, and counterparty risk) for AIFs under management;
• Support risk monitoring across alternative asset classes including private equity, real estate, infrastructure, private debt, fund of funds and others;
• Review and administration of risk-related documentation, such as risk policies, risk registers, and fund-specific risk disclosures;
• Perform pre-launch risk checks for new funds and ensuring accurate reflection in the risk inventory, in cooperation with Portfolio Management and Business Integration;
• Assist in the preparation of risk reports for the Board, Senior Management, and regulators (e.g., CSSF Annex IV, AIFMD reporting);
• Support the management and the maintenance of risk databases and tools, ensuring accuracy and currency of risk metrics, limits, and breaches;
• Provide support during due diligence processes for new investments, delegates, or service providers, with a focus on risk controls;
• Actively participate in the update and execution of the Risk Management Framework;
• Review and update of risk assessment tools (e.g., stress-testing models, liquidity risk matrices, leverage calculations);
• Support the administration, review, and update of Risk Policies and Procedures in line with AIFMD and CSSF requirements;
• Assist in the preparation of regulatory risk reports (e.g., CSSF, investors) and responses to auditor/CSSF requests;

• Bachelor’s or Master’s Degree (or equivalent) in Finance, Economics, Risk Management, Mathematics, Quantitative Methods, or Law with a financial focus;
• 1–3 years of professional experience in a similar role, preferably within
• the fund industry (AIFM, ManCo or Alternative Investment Funds);
• risk management, audit or regulatory advisory in financial services;
• Knowledge of Luxembourg and European regulatory frameworks applicable to AIFMs, including AIFMD and relevant CSSF Circulars (e.g. CSSF 18/698). Familiarity with risk methodologies including stress testing, liquidity risk assessment, leverage monitoring and concentration analysis is considered an asset;
• Strong analytical, quantitative, and problem-solving skills;
• Accuracy and attention to detail, particularly in risk calculations and reporting;
• Eager to learn and develop expertise in AIFM risk management;
• High self-motivation and ability to work both independently and collaboratively;
• Team player with an open-minded and proactive approach;
• Ability to take initiative and communicate risk issues clearly;
• Critical thinking and ability to prioritize; 
• Share knowledge and contribute to a culture of risk awareness;
• Proficiency in MS Office applications, particularly Excel; familiarity with VBA, Power BI or data analytics tools is considered an advantage;
• Good verbal and written communication skills in English and German