Compliance Officer - Private Banking Compliance 100%

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.

Private Banking (PB) Compliance is a dedicated unit within the Global Compliance organisation. The main focus of PB Compliance is the review and approval of client onboarding and offers expertise for the dedicated markets within Booking Centre Switzerland and provides subject matter expertise regarding KYC and account opening standards and processes out of the Head Office to other JB Booking Centers.
The PB Compliance Standard Onboarding (PBCOSO) team is responsible for the onboarding of client relationships classified as standard risk covering all Regions and Markets within BCCH. Additionally, PBCOSO will collaborate with key stakeholders, instil a Compliance culture in employees, and support Compliance projects and audits.

YOUR CHALLENGE

We are looking for a Compliance Officer to join the PB Compliance Standard Onboarding Team to review the quality of KYC information (documented mainly in English, German and French) during the client onboarding/ account opening process. The position is to be fulfilled in Zurich and being fluent in German is a mandatory skill.

• Independently perform reviews of standard risk Client onboarding, including detailed assessments of Know Your Customer (KYC) information to verify completeness, quality and plausibility of documented information and assess Financial Crime risks

• Review corroborating documents, perform and assess negative news hits and evaluate potential reputational risk

• Evaluate complex structures (in particular trust, foundation and domiciliary company accounts) to ensure account opening set-ups are in line with relevant legal forms and CDB regulations

• Undertake additional clarifications (with Front Units or other Compliance Departments) if deemed required and initiate escalation procedures in case of identified elevated AML/CTF risks

• Support Relationship Managers and Management in implementing, advising, and supervising Compliance matters

• Collaborate with partners across all three Lines of Defense (Front, Compliance/legal and Internal Audit), as well as other supporting functions (Business Management, Business Risk Management, etc.) and domestic and foreign group affiliate

• Provide training and training materials in connection with Compliance topics

YOUR PROFILE

• Ability to effectively apply working knowledge of global AML and CFT (Combating the Financing of Terrorism) regulations and standards, current money laundering schemes to effectively identify and mitigate risks

• Ability to define problems, collect data, establish facts and draw valid conclusions: ability to interpret an extensive variety of data and deal with complex situations

• Ability to communicate unpopular opinions/decisions and to stay firm under pressure

• Proven track record of solving highly complex problems, decision-making and prioritizations abilities

• Solution-oriented and very strong analytical skills

• Exhibit sound judgment and discretion

• Good knowledge of MS Office and IT-flair

• Several years of expert experience in Legal and Compliance or Audit at a globally operating Bank

• University degree (Law or Business Administration) or equivalent

We are looking forward to receiving your full job application through our online application tool. Further interesting job opportunities can be found on our Career site.

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