Operational Risk Manager

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.

FundPartner Solutions provides a full suite of fund administration and private label funds services. The global team of industry experts specialises in fund domiciliation, registration and governance, as well as risk compliance and investment management services.

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.

You will join FundPartner Solutions as Operational Risk Manager, working in close collaboration with the Group Operational Risk team at Pictet. You will act as the main point of contact for all operational risk management matters within FundPartner Solutions, leveraging the support and expertise of the Group.

Your role

• Contribute to the development and enhancement of a coherent, proactive, and integrated operational risk management framework, including requirements for a robust internal control system, in line with CSSF and other relevant regulations.


• Ensure the effective and consistent implementation of this framework within FundPartner Solutions, across the Group and Business lines.


• Support the development of a strong first line of defence by promoting risk awareness and challenging risk management and internal control practices (e.g. RCSA, incident management, action plan follow-up).


• Manage and monitor key risk indicators (KRIs) and key performance indicators (KPIs) relevant to operational risk, and ensure regular reporting to management and governance bodies.


• Lead and participate in control testing activities to assess the effectiveness of controls and identify areas for improvement.


• Oversee the management of regulatory requests and requirements related to incident management, ensuring timely and accurate responses to the CSSF and other authorities.


• Conduct ad hoc thematic reviews or special investigations as required, with a particular focus on control testing and incident analysis.


• Prepare and maintain risk maps, risk profiles, and risk appetite statements for FundPartner Solutions.


• Identify trends and emerging risks that may impact the company, and propose appropriate mitigation measures.


• Maintain regular interactions with risk managers from different business lines and with the Group Operational Risk team.


• Develop a thorough understanding of the various business models and products managed by FundPartner Solutions, including UCITS and AIF structures.


• Support digitalisation and data analytics initiatives related to risk management.


• Coordinate operational risk management activities proactively with international teams and within the Pictet Group.


• Actively participate in the design, maintenance, and testing of Business Continuity Plans (BCPs), Disaster Recovery Plans (DRPs), and Business Impact Analyses (BIA), ensuring alignment with regulatory expectations and best practices.

Your profile

Experience/Technical skills:

• University degree in finance, risk management, or a related field; an additional certification (e.g. FRM, CFA) is an asset.


• 5 to 10 years of experience in a similar role, ideally within asset management, external audit, or banking operations, with exposure to the Luxembourg regulatory environment (CSSF, UCITS, AIFMD).


• Experience in managing KPIs/KRIs, control testing, regulatory requests, and incident management.

Soft skills:

• Proven ability to adapt to demanding and evolving environments, and to interact diplomatically with stakeholders at all levels.


• Strong analytical, technical, and interpersonal skills, with the ability to work independently and demonstrate initiative.

Language skills:

• Excellent written and verbal communication skills in both English and French.

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.