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

* Market Conduct:

• Monitoring of employees' private accounts and transactions.
• Support for monitoring activities related to market abuse and conduct risk.
• Collaboration in the preparation of reports and control tests related to behavior.

* FIDLEG / FINSA:

• Support for classification and reclassification processes for customers (opt-up/opt-down).
• Reviewing customer transactions and documentation to ensure compliance with disclosure requirements and suitability requirements.
• Support in monitoring best execution and conflict of interest frameworks.
• Provision of regulatory guidelines for the front office in matters relating to the Financial Services and Markets Act (FIDLEG).

* Cross-border:

• Assessment of cross-border effects in customer acquisition and support.
• Support in reviewing employee travel activities and cross-border servicing restrictions.
• Maintaining country guidelines for cross-border activities and providing regulatory advice.

* Third Parties & Client Tax:

• Support for outsourcing and supplier agreements from a regulatory perspective.
• Assistance with FATCA and CRS monitoring, in particular reviewing documentation and ongoing monitoring.
• Collaboration in the preparation of regulatory reports and remediation processes, if necessary.

* Reporting Committees:

• Support in the preparation of reports, KRIs, and other indicators for regulatory compliance committees.

Requirements

* At least 3-5 years of experience in compliance functions in private banking * Experience with regulatory projects * Experience with FATCA and CRS 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 * Team player and proactive, willing to take on responsibility * Very good intercultural and interpersonal skills * Excellent communication skills * Very good interpersonal skills * University degree in law or business administration or relevant experience through banking training with additional compliance-certified certificates * Compliance degree (DAS or similar)

We offer

No information available.