Risk Management

Risk Management

Following the global financial crisis, risk management has become increasingly important over the last decade to help protect financial markets and prevent firms experiencing further fines and sanctions. Throughout the global financial crisis, most banks around the world had to be bailed out by their governments. To reduce the risk of experiencing another crisis on such a large scale again and following instructions tasked to the Financial Stability Board by G20 in 2009, the Swiss Financial Market Supervisory Authority (FINMA), the regulatory body in Switzerland, placed provisions on ‘too big to fail’ (TBTF) organisations within the financial sector. The increase in regulations and provisions put in place by national and international authorities is good news for risk professionals in Switzerland as the introduction of these have resulted in increased demand for talent.

“An ounce of prevention is worth a pound of cure.” This sentiment is the reason that risk management exists. In global markets that are increasingly marked by volatility and subject to complex social, political and economic change, risk management is more crucial than ever to keep companies out of the red and in the black. Risk management teams identify, evaluate and prioritise risks and act to minimise and control adverse events or maximise opportunities that come with disruption.

LIBOR (London Inter-Bank Offered Rate), one of the main interest rate benchmarks used in global financial markets, is ending and Switzerland are set to replace it with SARON (Swiss Average Rate Overnight). Encompassing the entire market, the transition from IBOR to SARON will be time-consuming, wide-ranging and significant for all kinds of financial activity, with large implications expected surrounding risk management and compliance. A report by Deloitte on the move states: “The transition to alternative reference rates globally seems fraught with risk and uncertainty. Financial institutions will need to contend with many operational, accounting, technical, governance, and other issues.”

Our consultants are specialists in their markets, recruiting top talent for organisations across the risk jobs market throughout Switzerland and Europe.

Risk Management Jobs

Senior Program Management Operational Risk
US$126000 - US$162000 per year, Dallas

Overview: A leading financial services organization is looking to add a Senior in Program Managem...

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Credit Risk Data Analyst
Negotiable, Tampa

Responsibilities: Knowledge in Current Expected Credit Losses (CECL) loan loss reserving process,...

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Associate US Capital Adequacy/CCAR
US$80001 - US$135000 per year, New York

An International Investment Bank is building out their Capital Adequacy team, and are seeking an ...

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Operational and Compliance Risk Specialist
US$80000 - US$105000 per year, United States of America

A leader in the retail banking space is looking for you to be it's next Operational and Complianc...

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SVP Global Consumer Banking Modeling Senior Manager
Negotiable, United States of America

My client is currently looking to onboard an SVP who will lead and manage a team building regulat...

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AVP - Capital and Resolution Planning
Negotiable, New York

An International Investment Bank is currently building out their Capital Oversight team, and are ...

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Liquidity Risk Manager
£500000 - £500001 per annum, Hong Kong

We have a current opportunity for a Liquidity Risk Manager on a permanent basis. The position wil...

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Private Banking - Credit Manager
£600000 - £600001 per annum, Hong Kong

My current client is a leading European Private Bank who are looking to bolster their Credit Depa...

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VP Risk Appetite & Limits (Liquidity & Treasury Risk)
US$130000 - US$170000 per year, New York

A leading American Investment Bank is looking to increase headcount at the VP and SVP level for t...

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