A career at Lombard Odier means working for a renowned global wealth and asset manager, with a strong focus on sustainable investing. An innovative bank of choice for private and institutional clients, our independently owned Firm is one of the best-capitalised banking groups in the world, managing close to CHF 300 billion and operating from over 25 offices across 4 continents.
With a history spanning over 230 years, Lombard Odier is an investment house providing a comprehensive offering of discretionary and advisory portfolio management, wealth services and custody. We also offer asset management services and investment strategies through Lombard Odier Investment Managers and provide advanced banking technology to other financial institutions.
“Rethink Everything” is our philosophy – it is at the heart of everything we do. We have grown stronger through more than 40 financial crises by rethinking the world around us to provide a fresh investment perspective for our clients.
Senior Risk Manager (80-100%)
We're looking to hire a Senior Risk Manager within the second line of defense Risk Management function of Lombard Odier (Europe) S.A. (LOESA), with a primary focus on the coverage of Operational Risk Management (90%) and additional exposure (10%) to the management of other risk types (Digital Risks and Financial Risks).
YOUR ROLE:
Primary focus (90%): Contribute to the Second line of Defense Risk & Control Framework for Operational Risks within LOESA Europe:
- Promotion a sound risk culture and general attitude towards operational risks within LOESA Europe (trainings, awareness sessions etc.);
- Set-up and monitoring of LOESA’s risk tolerances and Key Risk Indicators;
- Developing and operating an appropriate risk control infrastructure, in line with the internal and regulatory requirements;
- Participation in the ongoing assessment and challenging of the Bank’s control environment and its efficiency;
- Preparation of the periodic reporting of Operational Risks to Authorized Management and the Board of Directors;
- Monitoring of logged issues & actions in the Bank’s Operational Risk Management system and assistance in their implementation;
- Operational Incident management, monitoring and reporting;
- Participation as second line of defense in Risk and Control Self Assessments;
- Contribution to the New Business Initiatives Committee of the Bank;
- Regulators: Contribute to the regulatory reporting and the relation with the different local regulators (e.g. assist in preparation of the periodic reporting to the CSSF, onsite visits and similar);
- Analyze and implement regulatory changes in the field of Operational Risk Management in the Bank
Additional tasks (10%): Contribute to the Second line of Defense Risk & Control Framework for other risk types (mainly Digital Risks and Financial Risks) covered by the LOESA Risk Management function:
- Assist in the performance of daily and weekly control tasks in Financial Risk Management (Credit Risk, Counterparty Risk, Liquidity Risk, etc.);
- Contribute to other tasks and deliverables covered by the scope of the LOESA Risk Management function in case of need.
YOUR PROFILE:
- Master/ BA graduate in Finance, Economics or similar
- Minimum 8-10 years experience in a bank or a “Big 4”, ideally in a control function and/or with exposure to private banking and/or operations/technology
- Sound knowledge of the common operational risk management techniques
- Experience and knowledge of the operational processes in a Private Bank, with exposure to banking operations & technology/IT
- IT applications (Excel and Access advanced use, including sample techniques, pivot table reports, data crunching)
- Results-oriented
- Self-organization, autonomy and independent prioritization of tasks
- Analytical skills
- Strong communication skills
- Team player
- Advanced use of MS Office, use of IA based applications, knowledge of Operational Risk Management tools such as ServiceNow is an advantage
- English and French compulsory. Any other languages a plus.
Our Maison’s DNA is defined by five core values. Excellence drives us to be the best at what we do, while Innovation fuels our progress. Respect underpins every interaction, and Integrity shapes our actions. Together, we are One Team, united in serving our clients with unwavering dedication.
As a responsible and supportive employer, we promote a diverse and inclusive work environment for our employees and candidates. Diversity, Equity and Inclusion are woven into the fabric of our Maison’s DNA, and we strive to ensure that our employees can fulfill both their personal and professional aspirations by encouraging internal mobility and individual upskilling programs. We firmly believe that building Diverse Teams contributes to our successes and to deliver on this, we actively embed Diversity, Equity and Inclusion in our business strategy.
It is an exciting time to join our Teams. All applications will be handled in the strictest confidence.
Skills Required
- Master’s or bachelor’s degree in Finance, Economics, or a similar field
- Minimum 8–10 years of experience in a bank or Big Four firm
- Experience in a control function and/or exposure to private banking, banking operations, or technology
- Sound knowledge of operational risk management techniques
- Knowledge of operational processes in a private bank
- Exposure to banking operations and IT
- Advanced Microsoft Excel and Access skills, including sampling techniques, pivot tables, and data analysis
- Advanced Microsoft Office proficiency
- English and French language proficiency
- Results-oriented approach, self-organization, autonomy, and independent prioritization
- Analytical and strong communication skills
- Ability to work effectively as a team player
- Experience using AI-based applications
- Knowledge of operational risk management tools such as ServiceNow
- Additional language proficiency
What We Do
For over 225 years, Lombard Odier has focused on its central mission: to build strong, long-lasting client partnerships based on expertise, trust and care. Our Group strives to create sustainable value for private and institutional clients, combining leading investment solutions with stability and a robust balance sheet. Our unwavering commitment to the long-term interests of our clients is underpinned by our independent partnership model as our Firm is solely owned by our Managing Partners. We are guided by one key philosophy: rethink everything®. We constantly rethink the world around us to provide a fresh investment perspective for our clients. By offering a comprehensive suite of services, from discretionary and advisory portfolio management to wealth planning and custody, we offer our clients quality, bespoke solutions. Our cutting-edge banking technology not only sets industry standards, but also serves as a beacon for Swiss and European private banks and financial institutions. At Lombard Odier, we are convinced that the transition to a net-zero, nature-positive economy will be the most profound economic transformation of all time. Our role is to help our clients navigate this major shift by identifying related investment opportunities. Headquartered in Geneva with offices on five continents, we are guided by a team of around 3000 dedicated professionals who continue to shape the future of global wealth management.
