Compliance Officer - Private Banking Compliance (Full-Time)

Tasks

As a Compliance Officer on the Private Banking Compliance Team, you are responsible for verifying the quality of Know Your Customer (KYC) information during the client onboarding/account opening process. Your responsibilities include:

• Independent review of customer onboarding processes, including detailed assessments of KYC information, to verify the completeness, quality, and plausibility of the documented information and to assess financial crime risks
• Review of supporting documents, handling 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 forms and CBL regulations
• Conducting additional due diligence (with front-office units or other compliance departments) 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 identify problems, collect data, establish facts, and draw valid conclusions: Ability to interpret a wide range 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
• Use common sense and discretion
• Good knowledge of MS Office and IT skills
• Several years of expert experience in law and compliance or auditing at a globally operating bank
• Bachelor's degree (in law or business administration) or equivalent

We offer

We offer a challenging and varied role in a dynamic environment. As a Compliance Officer on the Private Banking Compliance Team, you will have the opportunity to contribute your skills and experience and further your professional development.