Internship - Business Risk Management (12 months)
Published on 03/10/2024
Bank Pictet & Cie (Europe) AG, succursale de Luxembourg
Pictet is an investment-led service company, offering wealth management, asset management and related services.
We are an independent investment partnership known for our long-term mindset, responsible approach to business and entrepreneurial spirit. These principles have defined us since 1805. For our clients, colleagues, and wider society, we always aim to do the right thing and honour our commitment to enduring quality.
With more than CHF 686 billion in assets under management or custody as of December 31st 2023, Pictet is today one of the leading Europe-based independent wealth and asset managers.
The Group is headquartered in Geneva, where its activities began, and employs more than 5000 employees. With 30 offices, it is also present in Amsterdam, Basel, Barcelona, Brussels, Dubai, Frankfurt, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel-Aviv, Tokyo, Turin, Verona, Shanghai, New York and Zurich.
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 Asset Management (Europe) S.A., set up in Luxembourg in 2005, manages the assets of some of the world’s largest institutions, financial intermediaries and their clients. Our culture welcomes independent thinkers and centres around investment excellence, a long-term perspective and a dedication to client service.
Your role
- Performing at least on a weekly basis review of counterparty risk exposure from an asset management perspective.
- Providing assistance in preparing/executing risk & control self-assessments (“RCSA”) and control testing across all Pictet AM departments.
- Reviewing/responding to requests for proposals (RFPs) and other similar requests from a business risk management perspective.
- Preparing documentation for due diligence with our external financial counterparties.
- Helping to draft business risk-related reports intended for various committees.
- Maintaining the Governance, Risk and Compliance tool (GRC) and updating the risk events dashboard.
- Managing risk events related to data protection leakage and supporting the team for other risk events.
- Preparing and sending monthly compliance reports to clients.
- Helping to coordinate the new instrument approval process (NIAP) - to centralise answers/follow up on questions/prepare documentation.
- Assisting the Business Risk team members from Luxembourg.
- Contributing to Pictet AM Business Risk initiatives / thematic reviews as required.
Your profile
- University degree in Finance, Economics, Law, Business Administration or a related field.
- Experience/keen interest in the world of asset management, acquired through internships and/or academic projects.
- Skilled user of the standard office IT software (incl. MS Office suite).
- Knowledge of Python, Tableau and VBA programming and AI tools is an advantage.
- Must be fluent in English and French, written and spoken.
As the successful applicant, you will be organised and thorough by nature. In addition to having an eye for detail, you will show a strong sense of initiative and be flexible. As well as being inquisitive and a team-player, you will be seeking to join a very dynamic team. This one-year internship offers a unique opportunity to gain comprehensive exposure to risk management practices within the asset management industry.
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.
