About the role
At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.
The CRO division develops and oversees the global framework for risk identification, control, reporting, and management within the risk tolerance for the various business activities for Julius Baer, aiming at sustainable growth of the franchise.Operational Risk Control team is responsible for the maintenance and enhancement of the Operational Risk Framework of the Bank and for monitoring, assessing and controlling the level of operational risk exposure that results from the Bank’s business activities.
YOUR CHALLENGE
- Responsible for the internal control framework of the Bank, Global Minimum Controls, Key Risk Indicators and Risk Reports
- Monitor, assess and control the level of operational risk exposure that results from the Bank’s business activities
- Perform operational risk identification and contribute to the annual Operational Risk Self-Assessment
- Perform internal investigations of operational incidents, client complaints or special ad-hoc reviews, presenting results and risk mitigating measures to Management
- Active interaction with Head Office ("HO") and Singapore to ensure standardized operational risk management and participating in regional/ global initiatives and projects
- Analyse critical operational incidents, investigate root causes and provide assessment of corrective or mitigation measures
- Monitor and report the execution of key controls in the Bank
- Ensure timely performance of controls assigned to Operational Risk (including but not limited to monetary benefits, fraud, cross border) and prepare results analysis and escalation reports
- Perform quality review of key controls performed and ensure their compliance with internal control framework (“ICF”)
- Perform independent investigation of fraud cases, client complaints or ad-hoc reviews, including risk assessment, evaluation of corrective and risk mitigating measures and presentation to Management as well as HO
- Liaise with other functions locally, regionally and with HO to align the Risk Framework of the Bank and ensure local implementation of Global Minimum Controls
- Coordinate input and prepare regular reports such as monthly HO report, Risk Committee presentation, Quarterly Risk Report, Key Risk Indicators
- Maintenance and integration of policies, procedures and internal controls related to Operational Risk area
- Keep abreast of the latest operational risk management techniques and industry best practices
YOUR PROFILE
Personal and Social
- Strong analytical skills
- Good communication and presentation skills
- Dynamic, flexible and capable of effective teamwork
Professional and Technical
- Excellent knowledge of operational risk management in private banking and regulatory requirements
- Sound understanding of the bank and the business to recognize areas of operational risk and apply controls and measures
- Knowledge and experience in fraud risk and/or operational resilience is an asset
- Minimum of 3 years experience in Risk Management or Audit (Internal or External) in Private Bank preferably
- Languages Skills: Fluent in both English and Chinese (Cantonese/Mandarin; Cantonese is a plus)
We are looking forward to receiving your full job application through our online application tool. Further interesting job opportunities can be found on our Career site.
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Aplyr's read
Julius Baer is a leading Swiss private bank focusing on wealth management for high-net-worth clients, attracting talent in finance, compliance, and technology.
What's promising
- •Strong reputation in private banking enhances client trust and loyalty.
- •Global presence offers diverse career opportunities across regions.
- •Focus on technology and innovation supports modern banking solutions.
What to watch
- •High reliance on high-net-worth clients can increase vulnerability to economic downturns.
- •Regulatory scrutiny in the financial sector may impact operations.
- •Intense competition in private banking could pressure profit margins.
Why Julius Baer
- •Swiss heritage provides a stable and prestigious brand image.
- •Specializes in personalized wealth management for affluent individuals.
- •Emphasis on compliance and risk management ensures robust operational integrity.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Julius Baer
Julius Baer is a Swiss private banking group that specializes in wealth management and private banking services for high-net-worth individuals and families.