Operational Risk Officer

Pictet is an investment-led service company, offering wealth management, asset management and related services.

We are an independent investment partnership known for our long-term mindset, responsible approach to business and entrepreneurial spirit. These principles have defined us since 1805. For our clients, colleagues, and wider society, we always aim to do the right thing and honour our commitment to enduring quality.

With more than CHF 686 billion in assets under management or custody as of December 31st 2023, Pictet is today one of the leading Europe-based independent wealth and asset managers.

The Group is headquartered in Geneva, where its activities began, and employs more than 5000 employees. With 30 offices, it is also present in Amsterdam, Basel, Barcelona, Brussels, Dubai, Frankfurt, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel-Aviv, Tokyo, Turin, Verona, Shanghai, New York and Zurich.

Your team

The Pictet Group is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700 people.

Corporate Functions includes the Group’s non-banking activities and employs more than 600 people. These functions are carried out by specialists with expertise across all business units, and include Communications, Compliance, Finance, Human Resources, Information Security, Internal Audit, Legal, Organisation & Digital, Risk and Tax departments.

The role of the function is to contribute to the development and implementation of a coherent and smart framework (proactive, uniform, and integrated) for the oversight of operational risks within the Bank, including the establishment of the requirements for a sound internal control system.

Your role

• Oversee the implementation of the operational risk framework across the Bank to ensure that it is both adequate and effective, through facilitation, challenging and monitoring.
• Oversee the execution of operational controls by the Business Lines through risk awareness, control testing and deep dive campaigns and by challenging risk management and internal control practices (e.g. RCSA, issue and action management).
• Provide the Bank’s management and governing bodies with regular and detailed reporting on the incurred risk exposures and on status of mitigating actions.
• Work with multiple stakeholders within the Business Lines, from the various departments (Compliance, Legal, etc.), across the different Bank locations with the support of the Group Risk.
• Oversee the operational risk events in line with the framework in place.
• Report operational risk analytics to top management.

Your profile

Qualifications and experience :

• Master’s degree in Finance
• Minimum 5 years of experience in a similar role or in internal audit department.

Specific knowledge :

• Excellent knowledge of MS Office (Word, Excel, PowerPoint), Tableau.
• Strong knowledge across a broad set of wealth management risks.
• Written and spoken fluency in French and English.
• Team spirit and collaboration.
• Result-oriented mindset.
• Precise and synthetic communication skills.

Note

We will not accept any CVs from agencies.

In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.

Flexible and modern ways of working

As a responsible and supportive employer, we promote the well-being of our employees through a set of flexible working arrangements, ranging from a work-from-home policy for eligible functions to opportunities for annualised part-time leave and extended parental leave.

Diversity & Inclusion

Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace.