The Risk Manager is a second-line of defense function, responsible for the oversight and coordination of financial and non-financial risks of the Milan Branch. The role ensures that risks are identified, assessed, monitored and reported in line with Group risk frameworks, internal policies and regulatory requirements, supporting the sound and prudent management of the Milan Branch. The Risk Manager acts independently from first-line functions (including Operations and Credit Risk), which retain ownership of risk origination and management in the ordinary course of business.
What would your role be?​
Implement and maintain the local risk management framework, aligned with Group standards.
Identify, assess, and monitor material risks, including credit, market, liquidity, operational, conduct, ICT risks, legal and reputational risks, on the basis of information provided by first-line functions (Operations, Credit Risk) and relevant Bank/Group offices.
Prepare and deliver regular risk reporting to the Board of Directors, Branch Management and Head Office.




Ensure compliance with Italian and EU regulatory expectations and support supervisory interactions.
Escalate material risk issues and support effective internal controls and audit processes.
Receive information from Compliance, Finance, and first-line business units to support informed, independent risk assessments.
​What are we looking for?
University degree in Finance, Economics, Risk Management, or a related field
Relevant experience (8 – 15 years) in financial services risk management, preferably in Private Wealth Management
Strong understanding of financial and non-financial risks and regulatory risk requirements
Strong analytical skills, independence of judgement and professional integrity
Affinity for Artificial Intelligence (AI) and a willingness to embrace AI-enabled tools and ways of working.
What do we offer?
Top Milan location in Piazza degli Affari.
All the latest technology to help you excel and advance.

📌 Risk Manager Milano
🏢 Vontobel
📍 Milano