In this study a novel, effective and recoverable Cu(II)-catalyst was synthesized by incorporating of Cu(OAc)2 within ethanolamine-triazine derivative (TAETA) attached to chitosan (Chs)-functionalized γ-Fe2O3 nanoparticles [MNP@Chs/TAETA-Cu(II)]. It was characterized by different techniques such as FT-IR, EDS, ICP, TEM, TGA and VSM. The as-prepared nanocomposite demonstrated high oxidation activity and desired selectivity in the aerobic oxidation of structurally diverse set of benzyl alcohols. Spectral results and leaching experiments revealed that this magnetically recoverable heterogeneous catalyst preserved its structure after it was reused several times. This protocol offers some beneficial features such as the use of oxygen as an ideal oxidant, stability of nanocomplex, easily catalyst separation by using an external magnetic field and efficient recycling as well as the lack of by-products.