Operational Risk Management Analyst (M/F) (Fixed-term contract of 6 months)

Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.
As a major player in Luxembourg's finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.

As an Operational Risk Management Analyst, you will be responsible for supporting the operational risk management framework, particularly focusing on event management and reconciliation processes. You will work closely with various departments to identify, assess, and mitigate operational risks to ensure the integrity and efficiency of BIL's operations.

Your next challenge:

• Operational Risk Event Management

• Identify and assess operational risk events across various business units.
• Develop and implement strategies to mitigate identified risks.
• Maintain a comprehensive risk event log and ensure timely resolution of issues.

• P&L Reconciliation

• Perform detailed reconciliation of operational risk events against the P&L.
• Investigate discrepancies and ensure corrective actions are taken.
• Work closely with the finance team to ensure accuracy in financial reporting.

• Operational Risk Event Process Optimization

• Explore and integrate advanced technological tools and platforms to automate data collection and analysis processes, improving overall efficiency and accuracy in operational risk event management.

Your skills:

• Bachelor's degree in finance, Business Administration, Risk Management, or a related field.
• Proven experience in operational risk management, particularly in event management and reconciliation.
• Strong analytical skills with the ability to interpret complex data.
• Excellent attention to detail and problem-solving capabilities.
• Strong communication and collaboration skills.
• Professional proficiency in French & English is required.

Preferred Qualifications

• Experience in the financial services industry.
• Familiarity with Luxembourg's regulatory environment.

BIL offers a broad range of challenging projects and a huge choice of career paths .We will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.
BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.

NB: The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled. Other documents will be collected, to the extent legally permitted, to perform background checks.