Risk Manager Milano

The Risk Manager is a second-line of defense function, responsible for the oversight and coordination of financial and non-financial risks of the Milan Branch. The role ensures that risks are identified, assessed, monitored and reported in line with Group risk frameworks, internal policies and regulatory requirements, supporting the sound and prudent management of the Milan Branch. The Risk Manager acts independently from first-line functions (including Operations and Credit Risk), which retain ownership of risk origination and management in the ordinary course of business.

What would your role be?

• Implement and maintain the local risk management framework, aligned with Group standards.
• Identify, assess, and monitor material risks, including credit, market, liquidity, operational, conduct, ICT risks, legal and reputational risks, on the basis of information provided by first-line functions (Operations, Credit Risk) and relevant Bank/Group offices.
• Prepare and deliver regular risk reporting to the Board of Directors, Branch Management and Head Office.
• Ensure compliance with Italian and EU regulatory expectations and support supervisory interactions.
• Escalate material risk issues and support effective internal controls and audit processes.
• Receive information from Compliance, Finance, and first-line business units to support informed, independent risk assessments.

What are we looking for?

• University degree in Finance, Economics, Risk Management, or a related field
• Relevant experience (8 – 15 years) in financial services risk management, preferably in Private Wealth Management
• Strong understanding of financial and non-financial risks and regulatory risk requirements
• Strong analytical skills, independence of judgement and professional integrity
• Affinity for Artificial Intelligence (AI) and a willingness to embrace AI-enabled tools and ways of working.

What do we offer?

• Top Milan location in Corso Giacomo Matteotti.
• All the latest technology to help you excel and advance.
• Agile environment in how we think, the way we work and our trust for each other.
• Flat hierarchy with collaboration at all levels.
• Compensation range of EUR80k-EUR100k depending on experience.

We are looking for talented people, not just a CV that ticks all the boxes. Even if you do not have absolutely everything we have asked for, if this role sounds like a good fit for you, we encourage you to apply.

Why Vontobel?

At Vontobel, you are building better futures for our clients and society, as well as for yourself. As a family-owned and publicly listed company with over 2,000 professionals based in 28 locations globally and headquartered in Zurich, we’re committed to long-term thinking and sustainability.

Our diverse team values unique perspectives, and we hire individuals determined to deliver in a dynamic and changing world. Even if you don’t meet all the criteria, we encourage you to apply if you’re enthusiastic about the role.

Do you want to be Vontobel?

Thank you for applying to Vontobel. We will carefully review your application and will respond to you in a timely manner.

At Vontobel, we are an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity.

We value the many voices within our teams and are committed to creating an environment where everyone who wants to be part of our performance culture can be themselves. It is based on mutual respect and zero tolerance for any form of discrimination.

If you have any questions you can contact us through our contact form.