Business Monitoring & Control Officer (M/F)

Union Bancaire Privée · Luxembourg (TI)
Categoria: Altro Contratto: full-time Salario: CHF 49'500 - 75'000

Role overview

MISSION AND MAIN RESPONSIBILITIES : The general role of Business Monitoring & Control (BMC) is to ensure that the operations in place are as effective and efficient as possible. This can involve reviewing the processes in place and assessing to determine possible ways of their improvement. As a Business Monitoring & Control Officer (BMC), you will be responsible for implementing and maintaining robust control measures across various business functions. Your expertise will be instrumental in mitigating risks, ensuring compliance with regulations, and driving continuous improvement. You will collaborate closely with different departments, offering valuable insights and recommendations to enhance overall business performance and maintain our reputation as a trusted financial services provider. BMC-officers consider in their work how to ensure that the business operates in a way that meets the needs of their customers effectively and in line with the governance of the Bank. They will control if the 1st line of defense duties has been correctly performed and will report on regular basis to the 2nd line of defense. They form the link between the relationship managers (RMs) and the governing bodies (e.g., Management Committee and Board of Directors) and other units. A BMC-officer will carry out administrative and accounting duties by organizing and coordinating banking services.

YOUR PROFILE : Education: Master’s degree in finance, banking or economics, or equivalent experience. Experience : 3-5 years’ experience in a wealth management institution in operational monitoring and controls. Technical Skills: Good knowledge of regulatory compliance and MiFID. Fluent in English and French, additional languages are an advantage. Advanced user of MS Office Pack and main financial software products. Personal skills: Business-oriented and solution-driven mindset, proactive with extreme confidentiality.

Analytical mindset, deep rigorousness, risk awareness, and attention to detail.

Description

MISSION AND MAIN RESPONSIBILITIES : The general role of Business Monitoring & Control (BMC) is to ensure that the operations in place are as effective and efficient as possible. This can involve reviewing the processes in place and assessing to determine possible ways of their improvement. As a Business Monitoring & Control Officer (BMC), you will be responsible for implementing and maintaining robust control measures across various business functions. Your expertise will be instrumental in mitigating risks, ensuring compliance with regulations, and driving continuous improvement. You will collaborate closely with different departments, offering valuable insights and recommendations to enhance overall business performance and maintain our reputation as a trusted financial services provider. BMC-officers consider in their work how to ensure that the business operates in a way that meets the needs of their customers effectively and in line with the governance of the Bank. They will control if the 1st line of defense duties has been correctly performed and will report on regular basis to the 2nd line of defense. They form the link between the relationship managers (RMs) and the governing bodies (e.g., Management Committee and Board of Directors) and other units. A BMC-officer will carry out administrative and accounting duties by organizing and coordinating banking services.

YOUR PROFILE : Education: Master’s degree in finance, banking or economics, or equivalent experience. Experience : 3-5 years’ experience in a wealth management institution in operational monitoring and controls. Technical Skills: Good knowledge of regulatory compliance and MiFID. Fluent in English and French, additional languages are an advantage. Advanced user of MS Office Pack and main financial software products. Personal skills: Business-oriented and solution-driven mindset, proactive with extreme confidentiality.

Analytical mindset, deep rigorousness, risk awareness, and attention to detail.

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Information for cross-border workers

Union Bancaire Privée is located in Luxembourg, Canton of Ticino. Cross-border workers need a G Permit, renewable annually, to work in Switzerland. The Canton of Ticino applies withholding tax at variable rates on gross income, and since 2024 the New Tax Agreement introduces concurrent taxation between Italy and Switzerland.

Swiss social contributions include AVS (5.3%), unemployment insurance (1.1%) and LPP (occupational pension). Use our free tax simulator to calculate your net salary and compare the cost of living between Switzerland and Italy.

Frequently asked questions

What is the net salary for a cross-border worker in Ticino?
Net salary depends on gross income, marital status and number of children. In the Canton of Ticino, withholding tax ranges from about 2% to 15%. In the administration sector in Ticino Use our simulator for a personalised calculation.
Do cross-border workers need Swiss LAMal health insurance?
New cross-border workers since 2024 must enrol in Swiss LAMal within 3 months of starting work. Premiums vary by canton, insurance model and deductible. Compare premiums with our LAMal comparator.