Only Luxembourg, only finance

You are looking for a reliable partner with a clear vision? Upside Recruitment is the new player that focuses on the clearly defined segment of finance positions for the booming market in Luxembourg. Drop us a line to learn more about our services.

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Specialised knowledge of the finance sector
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Attracting multi-lingual candidates
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Favourable commission structures
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Digital first - approach
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A highly motivated EU-based team

Your specialist in Luxembourg recruitment

Are you tired of recruitment firms that lack a clear mission?

We have a deep understanding of the market

Luxembourg

The country’s private banking sector has continued to diversify into high-net-worth and  ultra-high-net-worth client segments, with assets under management having grown by more than 20% over the past 5 years. Assets under management in private equity funds in Luxembourg grew by 50% in 2019.

Luxembourg’s financial services workforce employs some 51,000 people, of which about 50% work in the banking sector (including fund-servicing activities), 31% in the fund industry (the parts not performed by banks), 8% in insurance and around 11% in support services.

Luxembourg has a unique multi-lingual and multi-cultural workforce with allone 50.000 German residents communing daily into the country. Many of them are employed in the financial sector.

We have a deep understanding of the market

The booming destination for the EU’s finance sector

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Excellent outlook
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A growing market share
Favourable taxation
Search for Job offers…

 

Fund Operations & Oversight Specialist (m/f/d)
Job ID: 217001
Region:
Luxembourg
Stufe:
Expert
Spezialisierung:
Fund Management
Sprachen:
English

Our client, an international investment management company, is seeking a skilled Fund Operations & Oversight Specialist to join their cross-border team. Due to their constant growth, we are currently searching for a motivated

Fund Operations & Oversight Specialist (m/f/d)

Your responsibilities:

  • Ensure that decisions made by fund Boards are properly implemented and documented, particularly within official documents such as prospectuses.
  • Manage the annual and semi-annual reporting process for various funds.
  • Oversee the operational implementation of projects, including fund launches, mergers, and liquidations.
  • Maintain accuracy and proper dissemination of fund data.
  • Enhance and execute oversight controls for funds domiciled in Luxembourg and Denmark.
  • Update and maintain company policies, procedures, and work guides to ensure regulatory compliance and operational efficiency.
  • Actively contribute to cross-border collaboration between teams in Luxembourg and Denmark.

This position offers a dynamic and multicultural environment, providing opportunities to expand your expertise in Luxembourg and Danish regulations along the full fund value chain.

Your profile:

  • At least 5 years of relevant experience in fund administration, ideally within a Management Company, Central Administrator, regulator, or consultancy firm.
  • Solid knowledge of oversight regulatory requirements and fund regulations.
  • Strong attention to detail and excellent structuring abilities.
  • Proficiency in Microsoft Office tools, especially Excel.
  • Excellent written and spoken English skills.

This is an excellent opportunity to develop your career within an internationally active and growing team.

If you are interested in this position, please forward your application documents (including salary expectation) via the contact form below.

Assistent Risk Management (m/w/d)
Job ID: 216605
Region:
Luxembourg
Stufe:
Junior
Spezialisierung:
GDPR I Risk Management
Sprachen:
English I German

Für unseren Kunden, ein inhabergeführter Kapitalverwalter, haben wir aktuell folgende Stelle zu besetzen:

Assistent Risk Management (m/w/d)

Ihre Aufgaben:

  • Sie pflegen diverse Datenbanken und nehmen bewertungsrelevante Prüfungen vor
  • Analyse von Anlagebegrenzungen und Risikorestriktionen gemäß den regulatorischen Vorgaben
  • Analyse von Nachhaltigkeitsrisiken (ESG Risiken) und Mitarbeit bei der Weiterentwicklung der unternehmensinternen Nachhaltigkeitsstrategie

Wir erwarten von Ihnen:

  • Abgeschlossene Ausbildung im Finanzumfeld oder Studium mit Schwerpunkt Finanzwesen
  • Grundlegende Vertrautheit mit Finanzmarktinstrumenten und der Funktionsweise der Börse
  • Sie sind in der Lage, selbstständig und verantwortungsbewusst zu arbeiten
  • Sehr gute Sprachkenntnisse in Deutsch und Englisch, Französisch wäre ein Pluspunkt
  • Ausgezeichnete Kenntnisse mit der Software MS-Office, insbesondere mit Excel.

Hat diese Position Ihr Interesse geweckt? Dann freuen wir uns auf Ihre Bewerbung mit den üblichen Unterlagen, bitte geben Sie auch Ihre Gehaltserwartung an. Gerne dürfen Sie unser Bewerbungsformular nutzen.

Junior Risk Manager (Real Estate & Infrastructure AIFs) (m/f/d)
Job ID: 52142
Stufe:
Junior
Spezialisierung:
AIFs I Risk Management
Sprachen:
English I French I German

For our new client, an international asset manager with an expanding team in Luxembourg, we are currently looking for a

Junior Risk Manager (Real Estate & Infrastructure AIFs) (m/f/d)

for their office in Luxembourg-Kirchberg.

Your responsibilities:

  • Support the valuation function for AIFs from a risk management perspective
  • Optimisation of methods and procedures used for risk identification, assessment and control
  • Analysing risk limits of the company’s new funds
  • Monitoring and assessing fund risks, especially operational, market, liquidity and credit risk
  • Prior analysis and monitoring of (less) liquid assets
  • Risk valuation for alternative investment funds (real estate, infrastructure, equity)
  • Analysis of potential target investments from a risk management perspective, including continuous monitoring and limitation of the underlying risks

Your profile:

  • University background with a degree in finance, economics or equivalent
  • At least 1 year of relevant risk management or valuation experience in the investment funds industry and ideally UCITS (including applicable investment restrictions),
  • First knowledge in AIFs (real estate and infrastructure) and ideally in UCITS
  • Being fluent in English and German or French
  • Good knowledge of MS-Office products
  • Compliance knowledge is a plus

If you are interested in this position, please forward your application documents (including salary expectation) via our form.

Data Protection Officer (m/f/d)
Job ID: 6124
Stufe:
Expert
Spezialisierung:
Data Protection I GDPR I Risk Management
Sprachen:
English I French I German

Data Protection Officer (m/f/d)

for their office in Luxembourg-Kirchberg.

Your responsibilities:

  • Conducting task around data protection related tasks and issues.
  • First point of contact for and report to all external parties and management, plus authorities
  • Reviewing existing procedures to ensure constant adherence with regulations.
  • Following-up on changes in laws and issue recommendations to the management board and employees to ensure consistent compliance.
  • Conducting GDPR trainings for employees
  • Writing and updating detailed guides on data processing policies and procedures.
  • Preparing and conducting data privacy impact assessment, where necessary.
  • Continuous further development of the data protection strategy of the bank.
  • Maintaining, monitoring and updating the data processing register together with the various departments.
  • Ensuring that all queries from data subjects are addressed within the legal timeframes (e.g. responding to requests, deleting information from the databases, etc.).
  • Ongoing review of all regulatory and legislative updates required for the application within the bank and distribution of the information to the parties concerned (incl. supervising the implementation and reporting to the management board).
  • Further tasks with regards to GDPR and/or the review of legal regulations might be assigned.

Your profile:

  • University degree in either business administration, economics or law.
  • Minimum of 3 years of relevant experience within a similar position
  • Additional  experience in a paralegal/legal position is considered an asset.
  • Good understanding of IT and data security and a strong process focus.
  • Excellent communication skills both in English – both verbally and written, German and/or French is a great plus.
  • Profound knowledge of MS Office

If you are interested in this position, please forward your application documents (including salary expectation) via our form.

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Frequently Asked Questions

What positions to you usually work on?

Only Luxembourg (well, almost only), and only finance sector. We are targeting mid-level positions from (experienced) junior-positions up to management roles with a small team to lead.

What salary range are you covering?

We do not accept mandates with an annual compensation package of less than € 50.000. There is no maximum, but most positions range up to € 100.000 or € 120.000.

Do you work on C-level positions as well?

Most of our clients are rather small in size, so there might be a C-level position to fill here and there. But if you are interested in what is usually understood by C-level position, i.e. with upper six-digits salaries or more: There are other agencies on the market you should consult here.

Do you have an office in Luxembourg?

No, we do not.

Is this legal? Offering recruitment services without an office in Luxembourg?

Yes, absolutely. We are a licensed provider of recruitment services and based in the EU, so there is no restriction on us in any means.

Can we meet in person?

Sure! We have a real office in Sofia, Bulgaria. Furthermore, we may meet in Luxembourg – if the pandemic situation allows it. But maybe a virtual meeting can do the job for now.

Everything Personalized to YOU

We want to go the extra mile for our corporate clients and for the candidates that trust in our services. If you believe in personalized services as we do, you will certainly appreciate our quality  and the commitment we bring in.

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