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.
The Senior Compliance Specialist ensures that the requirements of external legislation and regulation, company best practice and other general business compliance procedures are adhered to at all times; and provides risk-based regulatory advice and guidance to effectively support the business in its duty to comply with the relevant laws and regulations and internal procedures. The role is a non-regulated position.
YOUR CHALLENGE
- Support the Head of Compliance (HoC) across all compliance matters, including advisory queries, breaches, conflicts of interest, complaints and market abuse.
- Provide regulatory analysis and practical guidance to the business, the Chief Risk Officer (CRO), and the HoC, to support adherence to financial regulation and the firm’s compliance framework.
- Contribute to the design, delivery and maintenance of the Compliance Monitoring Programme (CMP), including Global Minimum Controls for Compliance and Financial Crime.
- Perform ongoing testing of compliance and financial crime controls for both Group and local regulatory requirements. Track findings, recommendations and remediation actions to completion, escalating delays or deficiencies where required.
- Assess the adequacy and effectiveness of existing controls and recommend enhancements to mitigate non-compliance risk.
- Assist with investigations, including root cause analysis and identification of control weaknesses.
- Support gap analysis against Group systems, Global Minimum Standards and local legal/regulatory requirements, and assist with implementation of required controls.
- Conduct thematic compliance reviews, producing clear, risk-focused monitoring reports and recommendations.
- Draft, review and maintain CMP documentation, compliance policies, procedures and manuals to ensure alignment with global standards and local regulation.
- Assist with the maintenance of key compliance documentation, including the Regulatory Obligations Register, Regulatory Compliance Manual and the Market Conduct Risk Assessment.
- Being part of the local Policy Desk and assisting with any queries arising from Group Policy Desk.
- Support the preparation of regulatory submissions, internal Group reporting, and management information for governance committees and senior management.
- Provide data gathering, analysis and insight to support compliance reporting and decision-making.
- Identify compliance training needs and support the development and delivery of targeted training.
- Monitor regulatory developments and proactively assess impacts on the business.
- Support compliance input into change initiatives, new products and systems.
- Support regulatory inspections, audits and internal reviews, including preparation of responses and coordination of regulatory interactions.
- Support regulatory consultations and thematic reviews relating to Compliance, as required.
- Build and maintain effective working relationships with key business stakeholders and second- and third-line functions.
- Provide challenge to the business on regulatory interpretation and risk appetite.
- Support embedding of a strong compliance and conduct culture across the firm.
- Mentor junior compliance team members and contribute to capability building within the function.
- Deputise for the HoC, where appropriate.
YOUR PROFILE
Personal and Social
- Strong communication/interpersonal skills at all levels
- Excellent personal organisation and planning skills
- Ability to work under pressure
- Strong sense of integrity and discretion
Professional and Technical
- Relevant ICA professional qualification(s) or equivalent
- A minimum of 3 years relevant compliance experience in Compliance (or similar role)
- Good knowledge of GFSC (local regulator) and any other applicable rules
- Knowledge of the banking & wealth industry is preferred but not essential
- Experience in carrying out compliance monitoring reviews
- Analytical and problem-solving skills
- Solid negotiation skills and ability to stay firm under pressure
- Building strong partnerships and work collaboratively with colleagues and clients to meet shared
- Taking ownership and being accountable for your decisions
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