Associate Director - Investment Oversight, RBC BlueBay Asset Management (Luxembourg)
RBC Capital
Job Description
What is the opportunity?
You will be an Associate Director, Investment Oversight within the Investment Management Oversight Function (IMOF) at BlueBay Funds Management Company S.A., reporting to the Conducting Officer responsible for Investment Management.
This senior role focuses on enhancing robust governance frameworks and leveraging quantitative automation tools to provide independent oversight of delegated investment managers, with particular emphasis on ESG integration, portfolio analytics, and regulatory compliance under CSSF Circular 18/698.
This role is full time, permanent and requires 4 days in the office.
What will you do?
Enhance and implement automated monitoring systems for quantitative portfolio oversight, analysing MIS reporting, KPIs/KRIs across investment strategies, portfolio composition, performance metrics, and compliance parameters
Perform advanced quantitative and qualitative analysis on portfolio holdings, attribution analysis, sector allocation, peer group rankings, target alpha performance, and distressed/illiquid asset valuations
Lead governance oversight of delegated investment managers (RBC Global Asset Management UK and US), conducting comprehensive due diligence investigations and ongoing monitoring of operational effectiveness
Oversee ESG integration and compliance ensuring adherence to SFDR, EU Taxonomy, ESG investment restrictions, exclusions, and sustainability objectives across all funds and segregated mandates
Execute the Investment Control Framework including monitoring of eligible assets, investment restrictions, and other regulatory compliance requirements
Identify, investigate and escalate breaches of KPI/KRI thresholds, investment guidelines, and governance standards, providing data-driven insights and recommendations
Assist in in the production of regular IMOF assessments for ManCo Product Committees, Monthly Conducting Officers Meetings, Quarterly ManCo Board, and Fund Board meetings
Monitor evolving ESG and investment regulations, ensuring timely implementation of regulatory changes and responding to regulatory inquiries with robust data analytics.
What do you need to succeed?
Must-have
Senior-level experience in Luxembourg funds industry with deep understanding of UCITS, AIFM framework, and CSSF Circular 18/698 requirements
Strong quantitative and automation capabilities with proven experience implementing technology-driven monitoring solutions, automated dashboards, and data analytics tools for portfolio oversight
Extensive governance experience performing due diligence and ongoing monitoring of delegated investment managers' operations and compliance frameworks
Solid understanding of ESG regulations including SFDR, EU Taxonomy, and ESG integration into investment processes
Advanced analytical skills with extensive experience in sophisticated fixed income and equity products, including securitization instruments (CLOs, ABS) and distressed/illiquid assets
Ability to challenge the portfolio constructively with data-driven insights
Fluent in English with strong communication and presentation skills for senior-level stakeholder engagement.
Nice-to-have
Programming skills (Python, SQL, VBA) or experience with data visualisation tools (Power BI, Tableau)
Experience with attribution analysis methodologies and performance analytics
Knowledge of securitisation regulation due diligence and pre-/post-trade analysis
Background in product governance and product onboarding processes
Familiarity with CSSF regulatory engagement and inquiry response processes.
What is in it for you?
We thrive on the challenge to be our best - progressive thinking to keep growing and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
Leaders who support your development through coaching and managing opportunities
Opportunities to work with the best in the field
Ability to make a difference and lasting impact
Work in a dynamic, collaborative, progressive, and high-performing team
A world-class training program in financial services.
Agency Notice
RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details.
Job Skills
Data Gathering Analysis, Effectiveness Measurement, Ethical Business, Fraud Management, Internal Controls, Long Term Planning, Process Management, Results-Oriented, Risk Management, Strategic ThinkingAdditional Job Details
Address:
City:
Country:
Work hours/week:
Employment Type:
Platform:
Job Type:
Pay Type:
Posted Date:
Application Deadline:
Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Inclusion and Equal Opportunity Employment
At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
Join our Talent Community
Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you.
Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.
RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.