Internship - Compliance Automation (Full or part-time)
Published on 08/01/2025
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.
We are looking for a dynamic trainee to join the Compliance team, who possesses knowledge in both compliance (AML matters) and technology.
- Start date: ASAP
- Duration: From 10 to 12 months
- Employment rate: Full time or Part-time (80% - One day of school per week)
- Prerequisite : a tripartite internship agreement signed with your school
Your role
Support the compliance team members in their mission to ensure the compliance of the Luxembourg management company and its European branches with all applicable rules, with a strong focus on automating reporting processes to enhance efficiency and accuracy.
Responsibilities
- Assist with administrative tasks related to the maintenance of registrations, meeting minutes, compliance log completion, signature lists, incoming mail, and organizational charts.
- Automate the preparation, enhancement, and delivery of reports, including AML Key Performance Indicators (KPIs), reports to the Group, and the Regulator, to streamline workflows and reduce manual effort.
- Perform second-level compliance checks (e.g., complaint handling, regulatory watch, AML pre-analysis).
- Collect data and prepare relevant exports for second-level compliance reviews (e.g., oversight of distributors, first line of defense AML, transfer agent).
- Prepare files for audits.
- Update the KIT (PAM intranet).
- Provide assistance to other members of the Pictet AM Europe Compliance team.
- Promote a positive compliance culture within Pictet AM Europe.
Your profile
Qualifications and experience:
- University degree in Law, Economics, or Finance.
- Legal background is a plus.
Specific knowledge:
- Knowledge of or strong interest in compliance and AML matters.
- Advanced skills in standard IT applications (MS Office) and reporting automation.
- Proficiency in programming languages such as Python or R for automation and data analysis.
- Experience with reporting and data visualization tools (e.g., Tableau, Power BI).
- Tech-savvy with a strong ability to leverage technology for compliance solutions.
Language skills:
- Fluent in English and French.
Personal qualities:
- Excellent oral and written communication skills.
- Ability to work in a team and communicate effectively with non-technical stakeholders.
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.
