Job Summary Table of Banking Operations Officer

Job Description Summary

Pictet Group, a leading independent wealth and asset manager, is seeking a Banking Operations Officer to join their Cash Transfers team in Luxembourg. This role involves managing various payment systems, processing transactions, and ensuring financial accuracy across multiple business units.

Responsibilities

• Process and validate payment orders across various systems (Target, SEPA, cash correspondent network)
• Handle transactions for all customer categories and currencies
• Manage incoming SWIFT MT/MX and SEPA messages
• Ensure proper accounting of incoming funds for customers
• Reconcile suspense items and investigate discrepancies
• Analyze and invoice reversals
• Maintain contact with correspondent banks
• Perform first-level processing of Fircosoft hits
• Manage standing orders and process cheque-related requests
• Enter, correct, verify, and authorize SWIFT messages in the AMH system
• Participate in testing periods for banking tools and payment traffic projects

Benefits and Perks

• 🏢 Work with a prestigious global financial institution
• 🌍 Opportunity to work in Luxembourg, a global financial hub
• 💼 Flexible working arrangements, including work-from-home options
• 👨‍👩‍👧‍👦 Extended parental leave opportunities
• 📈 Career growth in a dynamic, international environment

Company Overview

The Pictet Group, founded in 1805 and headquartered in Geneva, Switzerland, is a global leader in wealth and asset management. With a presence in 30 financial centers worldwide and over 5,200 employees, Pictet has been operating in Luxembourg since 1989, where it now employs more than 700 people.

Company Culture

At Pictet, we foster a culture of excellence, innovation, and collaboration. Our Technology & Operations division is at the forefront of integrating cutting-edge software applications, from portfolio management systems to trading platforms and banking solutions. We value intellectual curiosity, analytical thinking, and a commitment to maintaining the highest standards of financial integrity.

Career Growth Opportunities

Joining Pictet as a Banking Operations Officer opens doors to numerous career advancement possibilities within the group’s global network. You’ll have the chance to:

• Develop expertise in international banking operations
• Gain exposure to various financial products and services
• Participate in innovative projects shaping the future of banking technology
• Build a network within a prestigious financial institution
• Access training and development programs to enhance your skills

Diversity, Equity, Inclusion, and Belonging

Pictet Group is committed to creating a diverse and inclusive workplace where all employees feel valued and respected. We believe that diversity drives innovation and helps us better serve our global clientele. Our initiatives focus on:

• Promoting gender equality at all levels of the organization
• Embracing cultural diversity and fostering cross-cultural understanding
• Supporting work-life balance through flexible working arrangements
• Encouraging continuous learning and personal development

Equal Opportunity Statement

Pictet is an equal opportunity employer. We do not discriminate based on race, color, religion, gender, sexual orientation, national origin, age, disability, or any other protected characteristic. We are committed to creating a workplace that reflects the diverse communities we serve.

Remote Work Policy

While this position is primarily based on-site in Luxembourg, Pictet offers flexible working arrangements for eligible functions. This may include:

• Partial work-from-home options
• Flexible hours to accommodate personal needs
• Opportunities for annualized part-time leave

Application Process

1. Submit your application through our online portal
2. Initial screening of your qualifications and experience
3. First-round interview with the HR team
4. Technical assessment related to banking operations
5. Final interview with the department head and team leaders
6. Reference checks and background verification
7. Job offer and onboarding process

Application Deadline

Info not available

How to Apply

To apply for this position, please visit our career portal and submit your application along with your CV and a cover letter explaining why you’re the ideal candidate for this role.

Social Media Links

• LinkedIn
• Twitter
• Facebook

FAQs or Additional Information

Q: What languages are required for this position?

A: Fluency in French and good knowledge of English are required.

Q: Is prior experience in banking operations necessary?

A: Yes, a minimum of 5 years of experience in a “Custodian Bank / Custody” department is required.

Q: What IT tools should I be familiar with?

A: Knowledge of Avaloq, AMH-Swift, Fircosoft, Jira, Lotus, Idoc, AvaloqOrderList Loader, Luxis, and AMH is beneficial.

Q: Is there a background check process?

A: Yes, in accordance with Luxembourg law, candidates may be required to provide a recent (less than three months old) extract from their criminal record.

Q: Does Pictet offer internships or entry-level positions in banking operations?

A: While this particular role requires experience, Pictet does offer various entry-level positions and internships across different departments. Check our career portal for current opportunities.

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