Legal Adviser - Asset Servicing Legal matters

Pictet is an investment-led service company, offering wealth management, asset management and related services.
We are an independent investment partnership known for our long-term mindset, responsible approach to business and entrepreneurial spirit. These principles have defined us since 1805. For our clients, colleagues, and wider society, we always aim to do the right thing and honour our commitment to enduring quality.
With more than CHF 686 billion in assets under management or custody as of December 31st 2023, Pictet is today one of the leading Europe-based independent wealth and asset managers.
The Group is headquartered in Geneva, where its activities began, and employs more than 5000 employees. With 30 offices, it is also present in Amsterdam, Basel, Barcelona, Brussels, Dubai, Frankfurt, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel-Aviv, Tokyo, Turin, Verona, Shanghai, New York and Zurich.

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 currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700 people.

Corporate Functions includes the Group’s non-banking activities and employs more than 600 people. These functions are carried out by specialists with expertise across all business units, and include Communications, Compliance, Finance, Human Resources, Information Security, Internal Audit, Legal, Organisation & Digital, Risk and Tax departments.

Your role

The role of the function is to provide legal support to the Pictet Asset Services, Pictet Trading & Sales and Banking Operations’ divisions by assisting them in the fields of custody, asset services, banking operations, trading and relationships with external asset managers.

• Serve as direct contact of front teams.
• Draft, review, and amend the legal documentation governing the relationship between the Bank and its clients in various matters, mainly custody, banking operations or trading.
• Give legal analyses and advice on the various roles and responsibilities of the Bank in its daily work in relation to new or existing services.
• Carry out regulatory oversight and analysis of new laws and regulations to manage the impact on the Bank and contribute to their implementation within the Bank.
• Collaborate/coordinate with other members of the legal function in Luxembourg and abroad, and with other support functions (e.g., Risk, Compliance, Tax and Internal Audit). Work with external legal advisors, where required.

Your profile

Qualifications and experience:

• Master’s degree in Law.
• 5 to 7 years’ experience within a Bank, Asset Manager, Law Firm or Family Office.

Specific knowledge:

• Excellent knowledge of the European financial industry and its regulatory and financial framework, as well as of the stakeholders and processes involved in asset servicing, trading and banking operations activities.
• Expert knowledge of the regulatory provisions applicable to credit institutions (e.g. MIFID, MIFIR, EMIR, ESG, Cross boarder etc.).

Language skills:

• Fluency in French and English.
• Good understanding of German.

Personal qualities:

• Team spirit.
• Flexibility.
• Attention to detail.
• Ability to cope with stress.
• Good communication skills.
• Excellent analytical and organizational skills.

Note

We will not accept any CVs from agencies.
In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.

Flexible and modern ways of working

As a responsible and supportive employer, we promote the well-being of our employees through a set of flexible working arrangements, ranging from a work-from-home policy for eligible functions to opportunities for annualised part-time leave and extended parental leave.

Diversity & Inclusion

Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace.