Compliance Officer - Client Onboarding (f/m/d)

Tasks

• Work as a specialist in the enforcement of anti-money laundering (AML) standards and the assessment of suspicious activity
• Conduct employee-related investigations and reviews to propose mitigating measures and sanctions in close cooperation with HR and the business
• Conduct comprehensive background checks, critically evaluate sources of information, and document them
• Identify issues that arise during the review process, escalate them, and initiate and monitor mitigating measures to reduce the bank’s risk
• Collaborate with partners from all three lines of defense (front line, compliance, and internal audit) as well as other functions (relationship managers, front-office risk management, etc.) and domestic and international group members
• Provide training and training materials related to compliance issues
• Recommend, develop, and implement solutions for the continuous improvement of our processes, procedures, and services
• Responsible for fraud prevention and detection and ownership of the internal and external fraud risk model (for employee coverage only)

Transaction Monitoring (role-specific)

• Independently review unusual transactions detected by the IT-based AML monitoring system, analyze the economic context, and assess whether the transaction is consistent with the customer’s KYC (Know Your Customer) profile
• Perform additional clarifications if necessary (e.g., investigate with front-office units, perform adverse information checks on the client and/or beneficiary of the transaction, request and review supporting documentation, etc.).
• Review supporting documents and evaluate negative information (including assessing the reliability of the source)

Private Banking Compliance (Role-Specific)

• Support relationship managers and executives in implementing and monitoring compliance matters
• Conduct customer onboarding checks, including KYC assessments, customer history reviews, cash flow analysis, CBI (Agreement on the Swiss Banking Code of Conduct regarding the exercise of due diligence), and event-triggered KTC checks
• Draw attention to unresolved onboarding issues and escalations
• Identify and investigate serious cases of non-compliance
• Provide training and training materials related to compliance issues

Requirements

• Strong computer skills; proficiency in due diligence search tools: Name Check, Lexis-Nexis, Acuris, Sphinx, WorldCheck
• Familiarity with the MLRO office and IT (IT skills are not strictly required)
• Ability to effectively apply practical knowledge of global AML and CFT regulations and standards, as well as current money laundering schemes, to effectively identify and mitigate risks
• Ability to define problems, collect data, establish facts, and draw valid