AIFM Head of Portfolio Management, Conducting Officer (m/f)

AIFM Head of Portfolio Management, Conducting Officer

Office: 412F Route d'Esch, Luxembourg City
Department: Portfolio Management Department, AIFM
Role and responsibilities (how we will measure success)
As a CSSF-approved Conducting Officer in charge of Portfolio Management, you will ensure that investment strategies and delegated functions are effectively managed, aligning with regulatory requirements, investor expectations, and the AIFM's objectives. You will act as a key leader within the governance and senior management framework.

Key Responsibilities

• Portfolio management oversight
o Ensure fund investments align with strategy, risk appetite, and performance targets; oversee asset allocation and portfolio construction.
o Monitor delegated portfolio managers: conduct due diligence, set and track KPIs/SLAs, escalate issues, and report on portfolio activity.
• Regulatory & Compliance governance
o Implement oversight procedures per CSSF Circular 18/698 and AIFMD; notify regulators of delegation changes and maintain documentation.
o Serve as primary contact with CSSF and other regulatory bodies; manage audits, inspections, and regulatory filings.
• Investment committee & reporting
o Participate in defining investment processes and framework; support pipeline development and deal approvals
o Produce and present periodic reports to the Board and Executive Committee; ensure data is clear and actionable.
• Delegate & service provider management
o Ensure oversight on delegated portfolio managers, investment advisors, and service providers; perform ongoing DDQ's and onsite reviews.
• Governance & board Interaction
o Participate in investment committees and CO-level committees; fulfill governance duties for including minutes, filings, and decisions.

Key competencies for position and level

• Experience
o 7–10+ years in portfolio management, asset management, private equity/real estate, ideally within an AIFM or ManCo in Luxembourg.
o Proven experience in delegate oversight, fund governance, and regulatory interaction.
• Education
o Master's or equivalent in Finance, Economics, Business Administration, or relevant field.
• Technical Skills
o Deep understanding of AIFMD, CSSF regulations (esp. Circular 18/698), ESMA guidelines
o Strong analytical skills: portfolio analysis, performance and risk reporting.
• Languages
o Fluent English is essential. French or another EU language is a strong asset.

Key behaviours we expect to see

In addition to demonstrating our Group Values (Authentic, Bold, and Collaborative), the role holder will be expected to demonstrate the following:

• Excellent communication and interpersonal abilities; capable of senior stakeholders' and regulators' engagement.
• Leadership and teamwork: mentoring juniors, cross-functional collaboration.
• Detail-oriented, reliable, proactive, and capable of managing complex processes and priorities.

Nice-to-Have Qualifications

• Prior CSSF approval as Conducting Officer
• Expertise in ESG integration or SFDR