Junior Front Office Risk Manager (1LoD) - Milan

ITA0 - BJBE Bank Julius Baer Europe S.A., Succursale in Italia; Lombardia; On-site; EUR 40,000 - 60,000; Full time

Job summary

Julius Baer Europe S.A. (BJBE), Italy Branch, is seeking a Junior Business Risk Manager to act as the 1st Line of Defence risk contact for Front employees and management in Milan.

You will monitor daily risks, support supervisory duties, and integrate the Italy Branch into the BRM governance of the Julius Baer Group. You will coordinate with BRM units in Luxembourg and Switzerland, implement monitoring, and drive risk-based improvements while maintaining a client- and service-oriented mindset.

Qualifications

• Sound knowledge in regulatory and risk topics (KYC, Fraud, Cross border).
• 1-2 years’ experience in a client facing function preferred; risk or compliance background also considered.
• Generalist know-how of asset classes with interest in financial markets.
• Fluent in English.

Responsibilities

• Establish and maintain an adequate 1LoD risk governance based on group standards and local regulation.
• Support Front Office in Milan as a solution-oriented BRM to avoid day-to-day risks.
• Take over BRM tasks for Front units of Bank Julius Baer Luxembourg (BJBE).
• Monitor significant risks in Front Departments and agree on measures with Management.
• Perform approvals and control tasks for Front Management as delegated.
• Support Front in challenging situations and non-standard risk cases.
• Assess training needs and support education in Front teams.
• Coordinate and share best practices with Front and CRO; align with 2LoD.
• Coordinate remediation activities and ensure integration with BRM setup.

Skills

Regulatory risk

1-2 years experience in client-facing

English fluency

MS Excel

MS PowerPoint

Communication skills

Structured working method

Education

Master's degree in Economics or Finance

Tools

MS Excel

MS PowerPoint

Job description

Julius Baer Europe S.A. (BJBE), Italy Branch, is seeking a Junior Business Risk Manager to act as the 1st Line of Defence risk contact for Front employees and management in Milan.

You will monitor daily risks, support supervisory duties, and integrate the Italy Branch into the BRM governance of the Julius Baer Group. You will coordinate with BRM units in Luxembourg and Switzerland, implement monitoring, and drive risk-based improvements while maintaining a client- and service-oriented mindset.