Junior Business Risk Manager

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let's shape the future of wealth management together.

As a Junior Business Risk Manager of Bank Julius Baer Europe S.A. (BJBE), Italy Branch, you act as the dedicated 1st Line of Defence risk contact person for Front employees and management. You support the Front management in their supervisory duties and in managing the daily risks, by monitoring the Front's compliance and exposure to the bank's identified risk items and by performing approvals and monitoring tasks as per delegation. You are responsible for the integration of the Italy Branch into the Business Risk Management governance of the Julius Baer Group and proactively identify monitoring needs. You take responsibility for the alignment, design, implementation and execution of an efficient 1LoD Front monitoring.

You have a client-, service- and business- oriented risk mindset and ensure a target-oriented communication. You coordinate local BRM activities with BRM units in Luxembourg and Switzerland and strive for integration and harmonisation.

YOUR CHALLENGE

Establish and maintain an adequate 1LoD risk governance based on the group standards as well as required by local regulation

Proactively support primarily the Front Office in Milan as a solution-oriented Business Risk Manager to avoid risks arising in the day-to-day business

Take over responsibility for selected BRM tasks for all Front units of Bank Julius Baer Luxembourg (BJBE)

Support Front Management in their supervisory duty and managing daily risks by conducting regular risk exchanges

Monitor significant risks in the Front Departments and agree with Management on respective measures

Perform approvals and control tasks for Front Management as delegate and in accordance with the internal policies

Support Front in challenging situations and non-standard cases from a risk perspective

Assess training needs and support education in the Front teams

Ensure regular exchange of topics and share best practices with Front

Establish a collaborative relationship with / knowledge transfer from internal stakeholders such as the CRO division

Coordinate and monitor remediation activities and align with supervisor or 2nd Line of Defence (2LoD)

Analyse (Front Office) processes from a risk perspective and develop new ideas to mitigate risks and to reduce manual workarounds

Ensure integration of local activities into the set-up and reporting of BRM as defined by JB Group and BJBE

YOUR PROFILE
MUST HAVE

Sound knowledge in regulatory and risk topics (e.g. KYC, Fraud, Cross border)

1 -2 years' experience in a client facing function preferred. Risk or Compliance background alternatively will be considered

Generalist know-how of asset classes paired with a strong interest in financial markets

Fluent in English

Self-driven, take responsibility

Strong client and business orientation and ability to think interconnected

Good MS Excel and MS PowerPoint skills

Good communication skills

Structured working method

NICE TO HAVE

A Master's degree in Economics, Finance or other related fields is preferable.

Further language skills are a benefit