Compliance Officer

Job description

The Regulatory Compliance Officer position supports the Regulatory Compliance function in complying with Swiss regulatory requirements applicable to private banking, with a focus on market conduct, FIDLEG, cross-border activities, third-party monitoring, and client tax compliance (FATCA/CRS).

Tasks

The most important tasks include:

• Monitoring of employees' personal accounts and transactions
• Support for monitoring activities related to market abuse and conduct risk
• Assistance in preparing reports and conducting behavioral assessments
• Support for customer classification and reclassification processes
• Reviewing customer transactions and documentation to ensure compliance with know-your-customer requirements and suitability criteria
• Support in monitoring best execution and conflict of interest frameworks
• Provision of regulatory guidelines for the front office in matters relating to the Financial Instruments Market Act (FIDLEG)
• Assessment of cross-border implications in customer acquisition and retention
• Support in reviewing employee travel activities and cross-border servicing restrictions
• Maintenance of cross-border country guides and provision of regulatory advice
• Support in monitoring outsourcing and supplier agreements from a regulatory perspective
• Assistance with FATCA and CRS compliance, particularly with regard to reviewing documentation and ongoing monitoring
• Providing regulatory advice and assistance with the preparation of reports and key performance indicators for regulatory compliance committees

Requirements

The following requirements are necessary:

• At least 3-5 years of experience in compliance functions in private banking
• Experience with regulatory projects
• FATCA and CRS experience is an advantage
• Excellent Microsoft Office skills
• Knowledge of Latin American markets is an advantage
• Knowledge of the Swiss regulatory framework for private banking and asset management
• Knowledge of financial products and regulatory requirements
• A team player and proactive, willing to take on responsibility
• Good adaptability to international environments
• Strong intercultural and interpersonal skills
• Excellent communication skills
• Excellent interpersonal skills
• A university degree in law or business administration, or relevant experience gained through banking training, along with additional compliance certifications
• Compliance qualification (DAS or similar)