Business Oversight Manager

at  Pictet

YOUR TEAM

The Pictet Group is one of the world’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 employs over 5,100 people.
Pictet Wealth Management (PWM) combines more than 200 years of Swiss banking heritage with global investment expertise. The Partner-owned financial services group offers a comprehensive service for wealthy individuals and families, including discretionary and advisory investment solutions and family office services.
UK PWM provides investment services such as execution-only, advisory, and discretionary management services to clients in domestic and international markets including UK, Eastern Europe and Middle East.
A position is open for a Business Oversight Manager for UK PWM. The Business Oversight Manager is a key role in the Management Team reporting to the head of Business Oversight for UK PWM.
The Business Oversight Team supports the COO in the execution of a broad range of activities, including risk management, operations, outsourcing, project management, sales and pipeline management, financial and regulatory reporting etc. The role has a particular focus on data analytics and risk/control activities.

• Execution of first line of defence (1LOD) controls activities including sample testing, data analytics and evaluation, and review of output from centralised control functions, with the goal of confirming compliance with UK regulatory requirements and firm policy.
• Act as primary on the scheduling and execution of the 1LOD Consumer Duty framework, including fair value assessments, qualitative and quantitative testing against defined good outcomes, vulnerable clients analysis and assessments.
• Act as primary on the execution of the branch outsourcing framework, including updates to SLAs/MOUs (and drafting of new SLAs/MOUs where required), risk assessments, exit strategies, ongoing reporting.
• Report results of control execution, develop proposals to remediate findings, and proactively execute agreed actions to the Head of Business Oversight and COO.
• Provide input to the development of the London Branch oversight framework, including the development of new KPIs and KRIs, where applicable and opportunities for efficiency.
• Support the Head of Business Oversight and COO in the preparation of materials for governance meetings and regulatory reporting (e.g. Executive Committee and Consumer Duty Board Report).
• Support the CEO of London Branch by providing regular and ad-hoc sales management data analysis and reporting.
• Participate in periodic reviews, project management, regulatory implementations etc. at the discretion of the COO and Head of Business Oversight.
• Manage and develop accessibility to key data/information sources of the London Branch (including tableaus/system extracts and other means).
• Assist in the analysis of data and information in relation to regulatory enquiries.