Investment Risk and Suitability Specialist

A career at Lombard Odier means working for a renowned global wealth and asset manager, with a strong focus on sustainable investing. An innovative bank of choice for private and institutional clients, our independently owned Firm is one of the best-capitalised banking groups in the world, managing close to CHF 300 billion and operating from over 25 offices across 4 continents.

With a history spanning over 225 years, Lombard Odier is an investment house providing a comprehensive offering of discretionary and advisory portfolio management, wealth services and custody. We also offer asset management services and investment strategies through Lombard Odier Investment Managers and provide advanced banking technology to other financial institutions.

“Rethink Everything” is our philosophy - it is at the heart of everything we do. We have grown stronger through more than 40 financial crises by rethinking the world around us to provide a fresh investment perspective for our clients.

Investment Risk and Suitability Specialist - Paris or Luxemburg or Brussels

As an Investment Risk and Suitability Specialist, your main responsibility will be to provide oversight and assurance to management that processes and controls defined for the delivery of our investment services and portfolio management activities have been complied with. To that end, you will help define and maintain a robust Investment Risk and Suitability framework and perform regular controls, reviews and reporting. The Investment Risk and Suitability Specialist will report to the Head of Investment Risk and Suitability (Europe).

Your Mission:

- Perform investment risk and suitability related 1st line of defense checks and controls to ensure client-facing staff conduct their sales, discretionary and advisory related activities in accordance with established processes and regulatory requirements.
- Perform daily monitoring such as approved products, risk budgets, etc.
- Propose remediation activities to address non-compliance situation and ensure remediation activities are carried out and closed in a timely manner by the business.
- Provide regular reporting to management and relevant oversight functions on operating effectiveness of established processes and controls.
- Rollout, train, and advise business unit on applicable processes and controls. This includes conducting regular refresher training for staff to ensure risk and control awareness is high.
- Follow-up and ensure that agreed remediation actions (including audit recommendations and self-assessment action points) are adequate and completed within agreed deadlines.
- Contribute to the evolution and continuous relevance of the activities and reporting made by the Investment Risk and Suitability team by pro-actively identify new needs stemming from regulatory or business-related developments.
- Use the knowledge and understanding of the LOESA book of business to support IS related or LOESA projects and ad-hoc requests requiring IRS expertise.

Your Profile:

- Master and/or Bachelor in finance/economics
- At least 5 years of relevant experience in portfolio management, risk management and suitability in private banking
- Comprehensive knowledge of applicable regulations (European and national jurisdiction in LOESA’s scope) and financial instruments
- Proven ability to manage, review, and monitor regulatory-related and business projects independently
- Analytical skills, detailed focus
- Excellent communication skills and ability to interact with various stakeholders
- Independent as well as team player
- Strong MS Excel skills with programming skill an advantage
- English oral and written capabilities

Our Maison’s DNA is defined by five core values. Excellence drives us to be the best at what we do, while Innovation fuels our progress. Respect underpins every interaction, and Integrity shapes our actions. Together, we are One Team, united in serving our clients with unwavering dedication.