Published on Oct. 22, 2024

Internship - ManCo Risk Management (12 months)

Bank Pictet & Cie (Europe) AG, succursale de Luxembourg

About the job

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 worldโ€™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 worldโ€™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.


As an intern in ManCo (Management Company) Risk Management in Luxembourg, you will be part of a department based in Geneva, Luxembourg, London, and Tokyo.
You will work closely with our experienced risk management professionals, contributing to various risk assessment, monitoring, and mitigation activities.


  • Start date: ASAP
  • Duration: 12 months
  • Employment rate: Full time
  • Prerequisite : a tripartite internship agreement signed with your school

Your role


  • Assist in the implementation and maintenance of risk management policies, procedures, and methodologies to effectively identify, assess, and manage risks within the Management Company.
  • Support the monitoring and evaluation of risks associated with investment strategies, financial products, and operational processes.
  • Help analyze risk metrics in the context of regular risk controlling activities.
  • Contribute to the preparation of risk reports and presentations for internal and external stakeholders.
  • Contribute to responses to internal or external stakeholdersโ€™ requests.
  • Assist in the evaluation and enhancement of risk monitoring tools and systems, and in the ongoing maintenance of risk data.
  • Participate in risk-related projects and initiatives, providing valuable insights and contributing to their successful implementation.
  • Assist in coordinating risk management meetings, documenting meeting minutes, and following up on action items.
  • Assist in the risk analysis of products to be launched.
  • Assist the Manco Risk Management team members.
  • Collaborate with cross-functional teams, including portfolio managers, compliance officers, legal advisors, and operations teams, to ensure risk considerations are integrated into business decisions and processes.

Your profile


  • Currently pursuing or having recently completed a 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.
  • Basic understanding of risk management concepts and methodologies.
  • 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.

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