Business Risk Manager

Job Description

As part of the first line of defense (FLoD), Business Risk Management (BRM) ensures the effectiveness of the internal control system in the Private Banking division. Under the supervision of the PB COO, BRM organizes and performs various tasks in the area of daily support and monitoring activities for the department. He/she coordinates risk assessment in the Private Banking division in close consultation with Private Banking Support in order to achieve a robust FLoD. The BRM focuses on ex-post controls, supports the Global BRM in coordinating FLoD risk management activities, improves the quality of FLoD activities by ensuring that rules and processes are effectively adhered to, supports local CROs in performing their controls, and acts as an interface between the Business Head and the 2nd and 3rd LoD functions.

Tasks

• Perform ex-post controls with a focus on internal processes and regulatory issues, in accordance with the PB control plan.
• Follow-up/resolution of operational alerts.
• Perform additional/ad hoc checks when necessary.
• Create reports on daily/monthly/quarterly checks and follow-up on identified problems.
• Prepare reports on the internal control environment and potential risks or problems.
• Support in creating CRO risk scorecards.
• Create additional/ad hoc reports as needed.
• Support in improving the effectiveness and efficiency of PB control and risk management activities.
• Support in conducting PB risk assessments in coordination with the second line of defense.
• Participation in various front office, operational, and risk management projects, as required.

Requirements

• Academic degree (bachelor's or master's) in economics or business administration.
• At least 2 years of experience in the banking, insurance, or financial services sector in customer/client services.
• Good knowledge of financial products and ideally private banking.
• Advanced Excel skills.

Our values

• Responsibility: Taking responsibility for tasks and challenges and striving for continuous improvement.
• Hands-on: Proactively achieving high-quality results.
• Passion: Commitment and pursuit of excellence.
• Solution-oriented: Focus on customer results and fair treatment of customers with a risk-aware attitude.
• Partnership-oriented: Promoting cooperation and teamwork. Working together with an entrepreneurial spirit.