(Junior) Operational & Financial Risk Officer

About Us
 

Rothschild & Co is a leading global financial services group with seven generations of family control and a history of over 200 years at the centre of the world's financial markets.

Our expertise, intellectual capital and global network enable us to provide a distinct perspective that makes a meaningful difference to our clients, communities and planet.

We have 4,600 talented specialists on the ground in over 40 countries around the world, enabling us to deliver a unique global perspective across four market-leading business divisions – Global Advisory, Wealth Management, Asset Management and Five Arrows.

As a family-controlled business built on relationships, we place a huge emphasis on our people and finding the right colleagues to take our business forward.

Rothschild & Co is committed to an inclusive and supportive environment where different perspectives are valued. We are focused on the attraction and recruitment, development and retention and progression of high calibre talent to ensure we and our clients benefit from the value of difference.

Overview of Role

We are looking for a Risk Officer to play a polyvalent role in safeguarding our organization by proactively identifying, assessing and mitigating financial and operational risks. This position is key to fostering a culture of risk awareness, ensuring resilience through effective strategies and maintaining alignment with industry standards. As a trusted adviser, the Operational & Financial Risk Officer will drive forward-looking risk management initiatives to support our banks' long-term success. The successful candidate will report directly to the Chief Risk Officer and will work closely with the team colleagues responsible for operational and financial risk.

Responsibilities

• Performing various recurring financial controls tests in the areas of financial risks such as credit risk, market risk, counterparty risk, as well as operational risk
• Conduct regular process monitoring and control through daily, weekly and monthly evaluations to ensure smooth operations
• Participating in the preparation of risk reports to senior management, the board and other stakeholders, providing clear insights into risk exposures and mitigation efforts
• Participating to the elaboration of risk assessments and mitigation initiatives to identify emerging operational risks and continuously monitoring key operational and financial risk indicators to review and refine the strategy as needed
• ensuring financial risk exposures were measured in line with the organizational risk appetite
• Supporting the business in implementing controls, analyzing risk events and improving internal controls and continuity measures
• Helping the team in case of fraud events
• Assisting the risk team in Group risk requests and questions, with a large involvement in the Group operational risk tool Open Pages
• Performing on-site risk reviews in subsidiaries and branches

Education and Qualifications

• University degree in economics or commercial education in the financial industry
• Fully computer literate (MS Office, especially in Excel and Power Point)
• Avaloq user experience would be an additional asset

Experience, Skills and Competencies Required

• Minimum two years of experience in financial and regulatory audit or risk management, ideally within the Swiss banking sector or a reputable Big Four audit firm
• Knowledge of the Wealth Management business and the relevant front-to-back processes
• Technical knowledge, precision and reliability that would fit for a specialist risk manager
• Well-developed analytical skills to rapidly understand business situations and issues with the aim to provide critical and independent risk assessments
• Ability to build internal and trusted relationships and to engage, inspire and manage stakeholders across the Bank
• Patience and flexibility, alongside being prepared to take on more basic tasks as required
• Fluent in English and German, French is considered as a strong plus

Benefits

• Rothschild & Co is committed to safeguarding and enhancing the health and wellbeing of all its employees. To support this, Rothschild & Co provides all employees with a range of healthcare services and benefits that aim to support their overall wellbeing
• We are conducive to creating a working environment and culture where people can succeed
• We provide a variety of inhouse trainings, as well as tuition assistance for further education and training courses
• Everyone can choose to incorporate agile working principles into their working week
• We have learned a great deal about the adaptability, commitment and resilience of our people. We believe there are opportunities for all of us to enhance our working lives and outcomes, by applying a more flexible approach to where and when we work and up to 40% of your work time can be performed from home

If you are curious to learn more about us and the role, then please submit your CV and Cover Letter through our recruitment tool.