Job Description

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.
Pictet Wealth Management combines more than 200 years of Swiss banking heritage with global investment expertise. The Partner-owned financial service group offers a comprehensive service for wealthy individuals and families including discretionary and advisory investment solutions and family office services.
The role of the function is to maintain BPAG overall credit portfolio monitoring and oversight quality standards in line with BPAG credit risk tolerance.
Your role

• Oversight and remediation of credit breaches (including margin call and collateral liquidation processes).
• Collateral management and monitoring at portfolio level.
• Act as a trusted advisor to First-Line colleagues on credit risk management-related matters, including Client Relationship Managers, Credit Structuring and Credit Transactions teams.
• Monitor post-approval conditions and develop solid understanding of BPAG credit portfolio.
• Coordinate with BPAG stakeholders any changes in Group Credit Risk Policy (including via trainings).
• Preparation of credit monitoring reporting for escalation and Management oversight.

Your profile
Qualifications and experience:

• University degree (Bac + 5 min) in the field of business administration with a focus on banking law, economics, finance or management.
• 3+ years' experience in Wealth Management, consumer credit portfolio; funds industry experience, credit risk monitoring and/or credit risk sanctioning.

Specific knowledge:

• Good knowledge of investment products, including derivatives.
• Very good MS Office skills (Word, Excel, PowerPoint).
• Knowledge of Avaloq is a plus.
• Good knowledge of credit risk control and credit regulatory environment.
• Strong understanding of organisational and time management techniques.

Language skills:

• Fluent in English and French; command of another European language would be a plus.

Personal qualities:

• Solid judgment and independent thinking.
• Attention to detail.
• Organizational and follow up skills.
• Team player and with excellent interpersonal skills

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.

Skills Required