Business Risk Manager - Private Banking (Ref. 2072)

Job content

Job Summary
Business unit
Private Banking / CRM
Location
Zurich, CH
Activity rate
100%
Publication date
17.03.2023
Reference
2072

About us

As a leading sustainable private bank, we offer dynamic and personalized services in investment advisory and asset management for private and institutional clients. Our success depends on the enthusiasm and commitment of our employees and we value each person with their unique technical expertise, professional qualifications and social skills.

We are successfully operating for more than 180 years across 27 locations worldwide and offer our employees the chance to be a part of our success. Our employees are our most valuable asset, we are proud of our unique culture that fosters entrepreneurship and is fueled by a high team spirit and the positive attitude of each individual. Join our international team and be part of the next chapter of the J. Safra Sarasin Group.

Your role

As Business Risk Manager at Bank J. Safra Sarasin you will be part of the Private Banking Business Risk Management team and support the front in the management and control of risks and regulatory requirements. You will advise on related matters, perform controls, review the quality of controls and enhance the front’s risk management and control framework, in close collaboration with the second line of defense (2LoD). In particular, you will support the business in their capacity as first line of defense (1LoD) in performing monitoring & control activities in the areas e.g. of cross border, suitability, AML/KYC or QI/FATCA. As part of the 1LoD, you will act as a single point of contact for risk matters and support the business with daily requests.

Your responsibilities
Support the setup, operation and maintenance of an effective and efficient front business risk management framework. Contribute to designing and formalizing relevant front controls
Perform 1LoD controls according to the applicable control plan in particular in the areas of cross border, suitability, AML/KYC and QI/FATCA, and manage related remediation measures
Participate in projects and initiatives aiming at the improvement of business/front office processes and the front risk management framework
Collaborate with the front office, advising, managing and mitigating various risk elements, processes and procedures related to the covered topics
Prepare and roll out front training, education and communication measures from a risk management perspective
Act as a point of entry and as coordinator between the business and the second line of defense functions
Your profile

University degree in Banking, Compliance, Law, Risk Management or Business Administration or completed apprenticeship or similar banking education
Several years of practical experience in the field of Front Risk Management, Business Support, Compliance, Legal or Audit, preferably in a private banking organization
Strong analytical and problem solving skills with ability to weight problems and set priorities
Willingness to take responsibility with capability to work independently
Ability to work under pressure
Fluency in English, fluency in German or French is a plus

Please note that only direct applications will be considered.