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.

Specialised knowledge of the finance sector
Attracting multi-lingual candidates
Favourable commission structures
Digital first - approach
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


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

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


Senior Compliance Officer for AIF (m/f/d)
Job ID: 6125
AIFs I Compliance

For our client, a leading Asset Management boutique with a continuous high growth rate, we are currently looking for a

Senior Compliance Officer (m/f/d)

for their Luxembourg office.

Your responsibilities:

  • You will be responsible for producing timely and accurate compliance and AML reports for the AIFM.
  • You will need to escalate any compliance/AML findings to the conducting officer and the executive committee.
  • Preparation of compliance Committee Minutes and the related documentation.
  • In this role you will support and assist in any request coming from the internal and external auditor of the AIFM from a compliance/AML point of view.
  • The guarantee the correct handing of complaints and oversee the delegated functions by doing the due diligence exercises.

Your profile:

  • Master in Law or an equivalent degree
  • Holder of relevant Compliance AML certificates
  • A minimum of five years professionalö experience in a Compliance or AML related function in an AIFM.
  • Advanced knowledge of investment funds industry compulsory
  • Capable to review policies and procedures to comply with the relevant regulations.
  • Sorrow knowledge of AIFMD legislation and CSSF Circular 18/698.
  • Familiar with Delegates Oversight and Complaints Handling.

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

Senior Risk Manager (Real Estate & Infrastructure AIFs) (m/f/d)
Job ID: 5214
AIFs I Real Estate I Risk Management
English | French | German

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

Senior 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)
  • Manage and coach the AIFs and UCITS teams
  • Implementation of regulatory risk management requirements for AIFs and UCITS
  • 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 5 years of relevant risk management or valuation experience in the investment funds industry and ideally UCITS (including applicable investment restrictions),
  • Good 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.

Relationship Manager (w/m/d)
Job ID: 216604
Expert I Junior
Client Service
English | German

Für unseren Kunden, ein deutschen Kapitalverwalter, haben wir für das Büro in Luxemburg aktuell folgende Stelle zu besetzen:

Relationship Manager (w/m/d)

Ihre Aufgaben:

  • Sie sind der zentrale Ansprechpartner für Kunden und beraten Sie zu allen Fragen des täglichen Fondsgeschäfts zur Seite.
  • Ein Schwerpunkt ist die Beratung zu Auflage und Verwaltung von Investmentfonds (Publikumsfonds und AIFs) nach luxemburgischen Recht.
  • Sie koordinieren Kundenanfragen und leiten diese den entsprechenden Fachabteilungen zu. Außerdem arbeiten Sie eng mit der externen Rechtsabteilung zusammen

Wir erwarten von Ihnen:

  • Abgeschlossene Ausbildung im Finanzumfeld oder Studium mit Schwerpunkt Finanzwesen
  • Ein Minimum von drei Jahren Berufserfahrungen in einer vergleichbaren Position in der Fondsbranche
  • Tiefgehende Vertrautheit mit Finanzmarktinstrumenten und Anlageinstrumente
  • Sie sind in der Lage, selbstständig und verantwortungsbewusst zu arbeiten
  • Sehr gute Sprachkenntnisse in Deutsch und Englisch
  • 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.

Search & Filter

  • Location

  • Specialisation

  • Level

  • Languages

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.

Get in touch.