Team Lead Fund Risk Controlling Germany, Senior Vice President, Fund Reporting Manager

Job Description

We are seeking a Senior Vice President to lead BNY’s Fund Risk Controlling function in Germany. This senior leader will oversee the delivery, governance, and continuous enhancement of fund risk controls and fund risk reporting across a range of client portfolios and fund structures. The role is responsible for leading a specialist team, ensuring high-quality regulatory and non-regulatory risk reporting, and maintaining robust investment compliance and risk measurement frameworks in line with German regulatory requirements and industry best practices.

How You Will Make An Impact

• Leadership and team development: Lead and mentor a high-performing team of fund risk controlling specialists in an international environment; set goals, build capabilities, and foster a culture aligned with BNY principles.
• Risk controlling and reporting oversight: Own the execution and enhancement of daily, monthly, quarterly and annual fund risk controls and reporting processes, ensuring quality, timeliness and regulatory compliance.
• Investment compliance governance: Design, implement and strengthen rules for regulatory, contractual and internal investment compliance restrictions, with robust monitoring and escalation practices.
• Stakeholder partnership: Serve as a senior point of contact for clients, auditors, service providers and internal partners on fund risk controlling and risk reporting topics.
• Change and innovation: Lead process improvements, support cross-functional change initiatives and represent the function in strategic projects and relevant industry working groups.

Key Responsibilities

• Lead a team of fund risk controlling specialists, ensuring effective prioritisation, high‑quality output, strong collaboration and continuous professional development.
• Own the execution and enhancement of fund risk controls and reporting processes, including ex‑post investment compliance checks, leverage calculations, market risk measurement, VaR analysis, liquidity risk monitoring and related validations.
• Direct the regular production and continuous improvement of regulatory and non‑regulatory fund risk reporting, including quarterly AIFMD reporting, annual German derivatives ordinance reporting for UCITS funds, quarterly VaR backtesting outlier reporting and monthly client risk reporting.
• Design, implement and refine rules for regulatory, contractual and internal investment compliance restrictions to ensure robust control environments and consistent monitoring standards.
• Drive the development and enhancement of fund risk controlling methodologies, reporting frameworks and analytical solutions in alignment with German regulatory requirements and best industry practices.
• Act as a senior advisor to clients on fund risk controlling and reporting matters, providing clear guidance, insight and resolution for complex queries.
• Serve as the primary contact for auditors on fund risk controlling and risk reporting topics, coordinating responses, documentation and review processes.
• Represent the team in cross‑departmental initiatives and external industry forums, including relevant BVI working groups, helping shape and respond to evolving market and regulatory developments.
• Identify and implement process improvements to enhance efficiency, control quality, scalability and service delivery.
• Maintain strong working relationships across internal teams, serviced clients, service providers and auditors to support consistent and effective delivery.
• Support the implementation of process changes arising from regulatory developments, client requirements or internal transformation initiatives.
• Track quality, timeliness and control effectiveness across core processes and drive remediation or enhancement actions where needed.

Qualifications – What You Bring

• 5–10 years of relevant professional experience, preferably in Fund Risk Controlling, Investment Compliance or a similar financial services environment.
• At least 2–3 years of leadership experience in a supervisor or team lead capacity, with demonstrated ability to lead teams effectively and develop talent.
• Bachelor’s degree in Finance, Business, Economics or a related discipline, or the equivalent combination of education and experience.
• Strong understanding of fund risk controlling disciplines, including investment compliance monitoring, leverage calculations, market risk, VaR methodologies, liquidity risk measurement and regulatory risk reporting.
• Experience with German regulatory requirements and reporting standards applicable to investment funds, including AIFMD and German derivatives ordinance reporting.
• Strong leadership, organisational and stakeholder management skills, with the ability to operate effectively in a dynamic international environment.
• Excellent communication skills, including experience in written and verbal client communication.
• Advanced German language skills and fluent spoken and written English.
• Strong MS Office skills and a high level of comfort working with data, controls and reporting processes.
• Ability to work under pressure, manage competing priorities and deliver with speed and accuracy.
• Flexibility and adaptability with respect to changing tasks, deadlines and scope of responsibility.

Our Benefits And Rewards

BNY offers highly competitive compensation, benefits and wellbeing programs rooted in a strong culture of excellence and our pay‑for‑performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer – Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.