AML Compliance Officer

Job Details

The position of AML Compliance Officer involves the following responsibilities:

• Support for front-line staff (Relationship Managers) and senior management on AML issues
• Implementation and monitoring of compliance with Swiss anti-money laundering regulations and establishment of minimum standards for the bank
• Review and Clarification of BIS Client Relationships
• Enforcement of AML standards and investigation of unusual transactions
• Regular reporting to line management and senior management
• Coordination and collaboration with other compliance departments within the group
• Maintaining a "Center of Competence" for AML issues within the bank
• Coordination of cases, including liaison with authorities (FINMA, the Money Laundering Reporting Office, and the Public Prosecutor’s Office), as well as the analysis, review, and monitoring of such cases
• Monitoring complex cases
• Management of Pending AML Alerts
• Subject Matter Expert on AML-Related Guidelines and Coordination of Consultation Processes
• Conducting compliance training on the prevention of money laundering within the bank and other units of the group
• Analysis and Risk Assessment of Significant AML Cases
• Primary point of contact for audits in the area of AML
• Leadership and management of AML projects, as needed
• Coordination of internal and external AML audits
• Responsible for AML-related matters (sanctions, transaction monitoring, PEP checks, etc.)

Qualifications

The following qualifications are required:

• At least 5 years of experience in private banking compliance
• At least 3 years of experience in AML compliance in private banking
• Knowledge of Latin American markets is an advantage
• Bachelor's degree in law, economics, or compliance (DAS or equivalent)
• Strong skills in data analysis
• Knowledge of the Swiss AML regulatory framework applicable to private banking compliance
• Knowledge of financial products and regulatory requirements
• Team player
• Fits well in an international setting
• Strong intercultural and interpersonal skills
• Are you looking to join a collaborative, dynamic international team and share your experiences so that we can excel as a team?
• Excellent communication skills
• Excellent interpersonal skills