Compliance Officer - Private Banking Compliance (Full-Time)

Tasks

As a Compliance Officer on the Private Banking Compliance Team, you will be responsible for reviewing the quality of KYC information (documented primarily in English, German, and French) during the client onboarding/account opening process. Your responsibilities include:

• Independent review of standard-risk customer onboarding processes, including detailed assessments of Know-Your-Customer (KYC) information to verify the completeness, quality, and plausibility of the documented information and to assess financial crime risks
• Review of supporting documents, investigation and assessment of negative reports, and evaluation of potential reputational risks
• Assessment of complex structures (particularly trust, foundation, and domiciliary company accounts) to ensure that accounts are opened in accordance with the relevant legal frameworks and CDB regulations
• Conducting additional due diligence (with front-office units or other compliance departments) as needed and initiating escalation procedures when heightened AML/CFT risks are identified
• Supporting relationship managers and management in the implementation, consultation, and monitoring of compliance matters
• Collaboration with partners from all three lines of defense (front line, compliance/legal, and internal audit), as well as other supporting functions (business management, business risk management, etc.) and domestic and international group affiliates
• Provision of training and training materials related to compliance issues

Requirements

For this position, we are looking for a person with:

• Ability to effectively apply global AML and CFT regulations and standards, as well as current money laundering schemes, to identify and mitigate risks
• Ability to define problems, collect data, establish facts, and draw valid conclusions; ability to interpret a variety of data and handle complex situations
• Ability to communicate unpopular opinions/decisions and remain steadfast under pressure
• Proven track record in solving highly complex problems, decision-making and prioritization skills
• Solution-oriented and very strong analytical skills

We offer

We offer an interesting and challenging position in a dynamic team. We look forward to receiving your application.