Head Financial Risk - 100% (m/f/d)

Luxemburg
Unbefristet
Vollzeit

1 Monat her

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.At Bank Julius Baer Europe, we uphold the highest standards of integrity, professionalism, and long-term thinking. As part of our continued commitment to robust risk governance and sustainable growth, we are seeking an accomplished Head of Financial Risk for our bank. This pivotal role ensures that financial risks are effectively identified, measured, monitored, and communicated in accordance with both local regulatory expectations and Group-wide standards.
This position offers a unique opportunity to lead financial risk oversight within a well-capitalised, private banking environment known for its prudent risk culture and operational excellence.
Role Purpose
As Head of Financial Risk, you will be accountable for establishing and maintaining a sound financial risk framework aligned with Julius Baer’s risk appetite, governance model, and international best practices. You will act as a trusted advisor to senior management, ensuring transparency over material risks and contributing actively to strategic decision-making.
The role demands a balance between independent judgment and close collaboration across functions—embodying the bank’s principles of ownership, precision, and partnership.YOUR CHALLENGE

Lead and further develop the financial risk management framework for the bank, encompassing liquidity risk, interest rate risk in the banking book (IRRBB), market risk, and counterparty credit risk, in line with Group policies and local regulatory requirements.
Ensure full compliance with relevant Luxembourg and EU regulations, coordinating closely with Legal & Compliance and external supervisors.
Oversee the design, validation, and ongoing monitoring of critical risk models with rigorous adherence to Model Risk Governance protocols; collaborate with Quantitative Analytics and Independent Model Validation teams where applicable.
Drive the development and execution of internal stress testing programs, including scenario design, impact analysis, and integration into capital and liquidity planning processes (ICAAP/ILAAP).
Prepare and present high-quality risk reports and dashboards for Local Management Committee, Board of Directors, Group Risk, and supervisory authorities, ensuring clarity, accuracy, and actionability.
Champion the effective use of risk systems and infrastructure, advocating for enhancements that improve automation, data quality, and scalability.
Serve as a key liaison between Local Management, Group Functions (Risk, Finance, Treasury, IT), and external stakeholders, promoting enterprise-wide understanding of financial risks.
Provide strategic leadership and mentorship to direct reports, fostering a high-performance culture grounded in learning, accountability, and ethical conduct.
Represent the bank confidently in engagements with regulators and internal audit bodies, demonstrating command of technical matters and control effectiveness.

YOUR PROFILEQualifications & Experience

University degree in Finance, Economics, Mathematics, Engineering, or a quantitative discipline; advanced academic qualifications (Master’s or PhD) preferred.
Minimum of 10 years’ experience in financial risk management within internationally active private banks, ideally under EU/Luxembourg prudential supervision.
In-depth knowledge of private banking business models and associated risk profiles is strongly valued.
Recognised expertise in liquidity risk metrics (LCR, NSFR), IRRBB measurement techniques, market risk (VaR, sensitivity-based approaches) and stress testing frameworks.
Hands-on experience with risk systems and tools.
Familiarity with model risk management lifecycles, including champion/challenger approaches and backtesting disciplines.
Holder of a professional certification (FRM, CFA, PRM) or equivalent qualification—highly regarded.

Core Competencies (Julius Baer Leadership Principles)

Ownership & Integrity: Takes responsibility for outcomes; acts consistently with ethical and regulatory standards.
Precision & Discipline: Delivers thorough, technically sound work under tight deadlines; attentive to detail.
Collaborative Mindset: Builds trust across organisational boundaries; communicates clearly and constructively.
Leadership & Development: Empowers others through coaching and feedback; develops talent sustainably.
Resilience & Composure: Maintains effectiveness during periods of change or pressure—essential in a regulated environment.

Language Requirements

Fluency in English, both written and spoken—is essential for interaction with Group functions and report preparation.
Proficiency in French or German is a distinct advantage given the regional context.

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