Market Infrastructure Regulations & Risks Specialist

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.

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.

As the successful candidate you will act as Senior Subject Matter Expert (SME), ensuring the compliance with the relevant EU/UK Market Infrastructure (MI) regulations on securities and derivatives (e.g. EMIR, MiFIR, SFTR, CSDR, etc.) within BPAG and its branches and supporting the implementation of any evolution in these rules.

You will report to BPAG’s Chief Risk Officer and reporting functionally to the Head of Group Market Infrastructure (MI) in Geneva.

Your role

• Support our front line and operations in the implementation of activities & processes in compliance with MI regulations. Support in setting up front-to-back transactional flows & processes, client onboarding and contracting, product and service offering delivery, pre-trading and execution setups, post trade and risk mitigation, regulatory transaction reporting.


• Act as SME for the first line and the second line in the implementation of the appropriate control framework (support implementation of control testing, assistance to corporate functions like legal, risk and compliance).


• Manage and oversee MI policies and directives, proactively identify and report key risks to top management , and initiate thematic reviews to ensure compliance and key risks are addressed. Participate to relevant Commitee as defined in BPAG’s governance as SME and/or for escalation.


• Translate market infrastructure regulatory requirements  into actionable implementation plans, contribute to the implementation while considering best market practices.


• Be the point of contact for all exchanges concerning MI topics with relevant NCAs (BaFin, FCA and CSSF) and auditors.


• Perform regulatory watch and impact analysis stemming from EU regulatory requirements, in cooperation with Group functions.


• Participate in professional associations to keep up to date on industry trends, best practices or share and tackle common market particpants concerns.


• Ensure that local and Group regulatory developments, key ongoing projects and initiatives, risks are communicated within BPAG in an appropriate manner to the impacted business lines and  concerned corporate functions.

Your profile

• University degree (under/postgraduate) in Finance, Economics and/or Risk Management or similar.


• Minimum of five years’ experience in banking / the finance industry (investment firm, audit or advisory firm) preferably involved in MI regulatory compliance topics or projects.


• Prior experience in dealing with EU regulators / authorities.


• Strong communication skills: ability to communicate efficiently and professionally with both peers and external stakeholders, including regulators.


• A team player with a positive approach and a strong culture of risk management, who is flexible and able to cope with stress and manage priorities.


• Able to define high-level specifications to prepare regulatory IT developments / data queries.


• Excellent MS Office (Word, Excel and PowerPoint) and use of IA tools skills.


• Fluency in French and/or English, German would be a plus.

Note

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.