Head of Controlling & Risk - Directornew

Job Description

The Head Controlling & Risk leads the Controlling & Risk department and oversees a multidisciplinary team of approximately 20 employees organised across specialised risks The role is responsible for ensuring that credit, market, liquidity, operational and related regulatory risks are identified, monitored, challenged and reported across the Group in line with the risk appetite defined by the Board of Directors. 

Key Responsibilities 

• Leadership and department management: define the department’s priorities and operating model; lead, coach and develop managers and teams; ensure effective resource allocation and continuous upskilling. 

• Risk governance and reporting: produce and present clear reports for the Risk Committee, Executive Management and the Board of Directors; ensure adequate escalation of material risk developments, incidents, KRIs and remediation actions. 

• Risk framework ownership: maintain and continuously improve the Group risk management framework, including policies, methodologies, risk appetite monitoring, risk taxonomy, controls and reporting standards; draft, review and update risk policies, procedures and governance documents. 

The Head Controlling & Risk provides strategic direction and effective challenge across the following areas, acting as the senior point of contact for C&R teams, other internal stakeholders, governance bodies and regulators on Controlling & Risk matters: 

• Credit, market and liquidity risks – own investments: oversee concentration analysis, limit monitoring, stress testing, RWA, capital & liquidity planning and related risk indicators. 

• Credit and market risks – client activities: oversee the monitoring of clients active in ETD trading, lending and eFX trading, including trading conditions, margin parameters, daily margin call analysis, stress testing and market watch. 

• Operational risk management: oversee the identification, assessment, monitoring and reporting of operational risks, excluding dedicated IT and AML topics where separate specialised functions exist; coordinate the RCSA framework, KRIs, incidents and action management monitoring. 

• Reconciliation activities: supervise the reconciliation of cash, securities and cryptocurrencies with external counterparties and custodians, ensuring timely escalation and remediation of discrepancies. 

• Consolidated supervision: contribute to Group-level oversight by ensuring consistent risk standards, reporting and escalation across relevant entities and activities. 

• Regulatory relations: liaise with FINMA, SIX and other relevant stakeholders on Controlling & Risk topics, and oversee alignment with applicable regulatory requirements. 

• Projects, change and new business initiatives: contribute to New Business Initiative risk analyses, process improvements, automation initiatives and risk-related transformation projects. 

• In-scope products and activities: mainstream securities, including bonds, equities, structured products and precious metals; exchange-traded derivatives; cryptocurrencies and digital assets; eFX and interbank FX products, including CFDs on multiple underlyings, spot and forward FX. 

Qualifications

• Master's degree in a relevant field; FRM, CFA or equivalent is an asset. 

• 10+ years of experience in a leadership position in banking, financial services, risk management or a related field, ideally within a regulated and international financial institution.  

• Proven experience with responsibility for multiple risk disciplines and/or multidisciplinary teams.  

• Strong strategic leadership and experience managing multidisciplinary expert teams. 

• Broad expertise in credit, market, liquidity and operational risk within a banking environment. 

• Solid knowledge of Swiss banking regulation, FINMA expectations and Basel standards, ideally within a Category 3 bank. 

• Strong strategic thinking, business acumen and judgement. 

• Pragmatic and solutions-oriented, with the ability to balance risk, business growth and operational efficiency. 

• Strong communication, presentation and writing skills, including risk reports, policies and Board-level materials 

• Confident constructive challenger, with high integrity, independence and credibility. 

• Technology-minded, with a strong interest in digitalisation, data and AI. 

• Additional assets: Understanding of ICT, cyber and data-security risks. Experience with GRC platforms, RCSA, KRI and incident management workflows. Quantitative/model risk and stress-testing expertise. Data science, AI and automation applied to risk monitoring and reporting. 

Additional Information

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