Compliance & Risk Associate

Firm Overview

We are a leading global investment firm and aim to help endowments & foundations, pension plans, and high net worth private clients implement and manage custom investment portfolios that generate outperformance and enable them to maximize their impact on the world. Working alongside its early clients, Cambridge Associates pioneered the strategy of high-equity orientation and broad diversification, which since its inception in the 1980s has been a primary driver of performance for institutional investors. Today, we deliver a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, investment staff extension, and asset class mandates. Cambridge Associates maintains offices in major financial centers across the globe, with headquarters in Boston, MA.

Working with some of the world’s most sophisticated institutional investors, we bring a deep knowledge of portfolio management best practices to the clients we serve, and select our colleagues with great attention to their potential to become a valuable member of a collaborative, intelligent and hard-working team.

Position Overview

As our international business is growing, we are seeking a Compliance and Risk Associate to support our Head of Compliance and Risk at our Munich office and collaborate with our firmwide teams on developing our group compliance and risk frameworks. This role will be pivotal in enhancing our compliance and risk management capabilities, ensuring that we meet regulatory requirements and maintain our reputation for excellence in the investment industry.

Responsibilities:

1. Conduct and document compliance and risk controls (second-level)
2. Draft relevant reports according to applicable rules (WpIG/MaRisk, WpHG/MaComp)
3. Develop, maintain and update compliance and risk policies and procedures
4. Perform risk assessments, maintain and develop key performance and key risk indicators
5. Assist in capital adequacy assessment process (e.g., ICAAP)
6. Assist in the implementation of new regulatory requirements (regulatory monitoring)
7. Participate in regulatory and business projects
8. Prepare and present materials to the Firm’s management and business partners
9. Provide guidance and training to business on compliance and risk topics
10. Assist with internal and external audits
11. Act as liaison between CA and external consultants, auditors and regulators
12. Collaborate with Compliance and Risk Management of the Cambridge Associates Group on the development and implementation of an integrated and automated group compliance and risk framework
13. Promote a robust compliance culture across the firm

Ideal Candidate Profile:

1. Bachelor’s degree in business, finance, law or relevant subject, Master’s degree desirable
2. Fluent in German and English
3. Around 2-5 years compliance, risk or relevant experience required in the financial sector (investment firm, bank or consulting)
4. Finance, risk or compliance certifications are preferred
5. General understanding of the German regulatory requirements (MaRisk, MaComp)
6. General knowledge of compliance and risk assessment methodologies (three lines of defense)
7. Experience with business processes, controls, and project management desirable
8. Excellent written and verbal communication skills, capable of adapting messaging to various audiences
9. Ability to interact with and build relationships with colleagues at all levels of the organization, focusing on collaboration to achieve results
10. Familiarity with compliance or risk management software is a plus
11. Able to work independently and in a team environment to manage and deliver quality results
12. Operate with the highest level of integrity and confidentiality

Cambridge Associates is an equal opportunity employer. Diversity and inclusion are essential elements of our culture. We are committed to fostering an environment where individual perspectives, backgrounds, and life experiences make the firm a great place to work and result in a more satisfying client experience.

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