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. Lets 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
The international reference in wealth management Julius Baer is the leading Swiss wealth management group. We focus on servicing and advising sophisticated private clients from around the world, taking into account what truly matters to them – in their business and personal life, today and for future generations. Headquartered in Zurich, we are present in around 60 locations worldwide, including Bangkok, Dubai, Dublin, Frankfurt, Geneva, Hong Kong, London, Luxembourg, Madrid, Mexico City, Milan, Monaco, Mumbai, Santiago de Chile, Shanghai, Singapore, Tel Aviv, and Tokyo.
Why join Julius Baer? At Julius Baer our employees enjoy the benefits of a global company with the support and collegiality of a much smaller one. We are growing quickly, but we remain dedicated to maintaining our accessible structure with flat hierarchies, and approachable and supportive leaders. With offices around the world, we offer an international and stimulating work environment and the opportunity to work with a diverse team of highly motivated colleagues, bringing the best of the bank to our clients. Our core values of Care, Passion, and Excellence define the tone of how we interact with each other and our partners. Committed to your success Whether nurturing young talent with our renowned apprentice scheme, enabling ambitious university graduates to put theory into practice with our Graduate Programme, or providing first-class opportunities for experienced professionals, we look after our employees. We believe in continuous learning as a company and as individuals, which is why we put a focus on the health and wel