Investment & Business Risk Management Intern

A career at Lombard Odier means working for a renowned global wealth and asset manager, with a strong focus on sustainable investing. An innovative bank of choice for private and institutional clients, our independently owned Firm is one of the best-capitalised banking groups in the world, managing close to CHF 300 billion and operating from over 25 offices across 4 continents.
 

With a history spanning over 230 years, Lombard Odier is an investment house providing a comprehensive offering of discretionary and advisory portfolio management, wealth services and custody. We also offer asset management services and investment strategies through Lombard Odier Investment Managers and provide advanced banking technology to other financial institutions.
 

“Rethink Everything” is our philosophy – it is at the heart of everything we do. We have grown stronger through more than 40 financial crises by rethinking the world around us to provide a fresh investment perspective for our clients.

Investment & Business Risk Management Intern – Europe (M/F)
6 months internship

Within our Investment & Business Risk Management team, based at our European headquarters in Luxembourg, you will contribute to the identification, assessment, monitoring, control and reporting of the operational and business risks to which the Bank is, or may be, exposed.

This internship will give you broad exposure to the activities and organisation of an international private bank providing wealth management and related services to high-net-worth individuals across six European markets. Working alongside Senior Investment & Business Risk Managers, you will develop a strong understanding of private banking products, processes and risk management practices while contributing to a first-line-of-defence control function.

Your key responsibilities will include

Risk Controls:

• Performing controls on business activities in accordance with the Bank’s Internal Control Monitoring Plan.
• Contributing to ad hoc risk assessments and control reviews.

Operational Risk Management:

o   Supporting the management of operational incidents, including their registration and follow-up.

o   Monitoring the implementation of incident remediation plans.

Access Rights and Data Controls:

• Assisting with the review and validation of user access rights to the Bank’s systems, applications and data.
• Supporting the documentation and follow-up of access-control reviews.

Risk Reporting and Data:

• Contributing to the preparation of risk reports, dashboards and management information.
• Supporting data collection, structuring and analysis for risk-management purposes.

Process Improvement and Innovation:

• Participating in the automation and enhancement of risk-management processes.
• Exploring the use of AI-powered tools to improve data collection, controls and risk reporting.
• Supporting departmental projects in collaboration with business and control functions across the Bank’s European offices and its Head Office in Switzerland.

Desired Profile:

• Currently studying for a Bachelor’s or Master’s degree in Finance, Economics, Risk Management, Business Administration or a related field.
• Good understanding of financial markets and financial products.
• Basic knowledge of risk-management principles and methodologies.
• Strong analytical and problem-solving skills.
• Results-oriented, with strong organisational and prioritisation abilities.
• Open-minded, curious and quick to learn.
• Excellent communication and interpersonal skills.
• Team spirit and a collaborative mindset.
• Proficient in Microsoft Office, particularly Excel and PowerPoint.
• Knowledge of VBA, Power BI, Tableau and/or Microsoft Fabric would be considered an advantage.
• Fluent in English and French, both written and spoken. Any additional language will be considered an asset.

NB: Please be aware that in accordance with the current law and job requirements, the selected candidate will be requested to provide a criminal record (section 3).

Compensation:

• This position offers a fixed gross salary ranging from 1'550 EUR and 1'800 EUR depending on degree level, depending on experience, skills, expertise, and overall fit for the role.
• Meal vouchers

Our Maison’s DNA is defined by five core values. Excellence drives us to be the best at what we do, while Innovation fuels our progress. Respect underpins every interaction, and Integrity shapes our actions. Together, we are One Team, united in serving our clients with unwavering dedication.

As a responsible and supportive employer, we promote a diverse and inclusive work environment for our employees and candidates. Diversity, Equity and Inclusion are woven into the fabric of our Maison’s DNA, and we strive to ensure that our employees can fulfill both their personal and professional aspirations by encouraging internal mobility and individual upskilling programs. We firmly believe that building Diverse Teams contributes to our successes and to deliver on this, we actively embed Diversity, Equity and Inclusion in our business strategy.

It is an exciting time to join our Teams. All applications will be handled in the strictest confidence.