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

Tasks

• Serve as a subject matter expert for enforcing anti-money laundering (AML) standards and evaluating unusual activities
• Conducting employee-related investigations and reviews to propose mitigating measures and sanctions in close cooperation with HR and the business
• Conducting comprehensive background checks, evaluating and documenting information sources
• Escalation of issues identified during the review process, as well as initiation and monitoring of mitigation measures to reduce the bank's risk
• Collaboration with partners from all three lines of defense (front office, compliance, and internal audit) as well as other functions (relationship managers, front office risk management, etc.) and domestic and foreign group affiliates
• Provision of training and training materials related to compliance issues
• Recommendation, development, and implementation of solutions for the continuous improvement of our processes, procedures, and services
• Responsibility for fraud prevention and detection, and ownership of the internal and external fraud risk type frame (for employee-related coverage only)

Transaction monitoring (role-specific)

• Independent review of unusual transactions detected by the IT-based AML monitoring system, analysis of the economic background, and assessment of whether the transaction is consistent with the customer's KYC profile.
• Conducting additional clarifications, if necessary (e.g., investigation with front units, conducting adverse information checks on the ordering party and/or the beneficiary of the transaction, requesting and reviewing confirmation documents, etc.)
• Verification of supporting documents and assessment of negative news (including assessment of the reliability of the source)

Private banking compliance (role-specific)

• Supporting relationship managers and executives in implementing and monitoring compliance matters
• Conducting customer onboarding checks, including assessment of KYC, customer storyline, cash flow, CDB (agreement on the Swiss banking code of conduct regarding the exercise of due diligence), and event-related KYC checks.
• Tracking open onboarding issues and escalations
• Identification and investigation of serious cases of non-compliance
• Provision of training and training materials related to compliance issues

Requirements

• Good computer skills, required knowledge of due diligence search tools: Name Check, Lexis-Nexis, SIRON, Spark, Skyminder, Credits, Wealth-X
• Good knowledge of MS Office and IT flair
• Ability to apply effective working knowledge of global AML and CFT regulations and standards, current money laundering schemes to effectively identify and mitigate risks
• Ability to define problems, collect data, establish facts