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Private Banking - Internship as a Control Officer (First Line of Defense)

Date:  15-Nov-2022
Location: 

Brussels, BE, 1040

Degroof Petercam is a unique blend in many ways: we bring together different expertise under one roof. We have Belgian roots, and we operate internationally. For more than 150 years, we have been an independent financial partner for institutional investors, companies and private clients and we have our own decision-making powers. In addition, we are constantly on the move to serve our clients in the best possible way. At Degroof Petercam Private Banking, expertise is at the service of our clients. We offer them solutions in close collaboration with other departments such as asset management, estate planning, lending, private equity, art advisory and corporate finance. The goal of Degroof Petercam is to manage personal or professional assets of clients, protect them against unforeseen events, finance their projects, diversify their investments and give them a social dimension.

Context

We are looking for an intern who would like to join the Private Banking Risk & Control department. This department is the first line of defense for Investment and Business activities related to Private Banking.
The Control officer performs the overall first level control & risk management. This role involves close work with all department across Private Banking.

Your Position

Your responsibilities will be to:
•    Assist all PB Control officers in their search in the various electronic databases (CRM, ICN, etc.).
•    Perform some straightforward controls – e.g., client classification, phone records, etc.
•    Design control reports summarizing the outcome of the controls performed and propose action plan to improve the situation, when needed.
•    Write and/or review the working instructions detailing how to perform the controls.


Depending on your ability to handle straightforward controls, you might move to the next step:
•    Challenge and perform controls over various critical investment or business-related processes including, but not limited to, trade suitability review, order taking validation, account activity review, etc.
•    Act as an intermediary between Private Bankers, Portfolio Managers, and the second line of defense (i.e., Financial & Operational Risk Management and Compliance) to ensure our way of working is fully in line with the current regulation framework.


In addition, you will oversee one of those projects, depending on your competencies on the field: 
•    Identifying all changes that the brand-new platform will bring to the way we currently perform our controls and update our working instructions accordingly.
•    Preparing the Quarterly Control Report dedicated to the Private Banking Management Committee, Head of Audit, Head of Risk, and Head of Compliance.
•    Follow up on the evolution, identify the big trends, and draw conclusions for the future. Prepare communication to the Management Committee in the context of the Quarterly Report.

Your Profile

Studies 
•    You are currently a student in an economics-related field (i.e., Business Engineering, Economics, Applied Economics, Finance, Management, Accounting, Audit, etc.).
•    You are available five days per week for 4 to 6 months. 


Competencies & Skills for the job
•    You are fluent in French and/or Dutch, with a good knowledge of English.
•    You are a team player showing enthusiasm, critical mind, creativity, and attention to detail.
•    You have good command of Excel. 

Our offer

Our company offers a stimulating environment for those who want to be challenged intellectually. You’ll be stretched, because we count on you to share our ambitions and to come up with solutions for complex matters. The impact of our work goes beyond profit. Looking at our business from a broader perspective, we influence our entrepreneurial networks to invest in the economy and, ultimately, in society as a whole. In other words, working at Degroof Petercam also means contributing to economic development, today and for generations to come. 

Our company offers a stimulating environment for those who want to be challenged intellectually. You’ll be stretched, because we count on you to share our ambitions and to come up with solutions for complex matters. The impact of our work goes beyond profit. Looking at our business from a broader perspective, we influence our entrepreneurial networks to invest in the economy and, ultimately, in society as a whole. In other words, working at Degroof Petercam also means contributing to economic development, today and for generations to come.

Apply now »