FAB Private Bank (Suisse) SA is looking for an experienced Compliance Officer to complete the team.
The Compliance Officer will be responsible to ensure that the activities and businesses of FAB Private Bank (Suisse) SA are carried out in accordance with local rules and regulations and to provide update on compliance matters to the Head of Compliance.
He will have to manage and monitor periodically compliance functions of FAB Private Bank (Suisse) SA and assess the effectiveness and efficiency of the control, risk management and governance process in Switzerland to ensure compliance with Internal/Group Policies & Procedures and local regulations.
FAB Private Bank (Suisse) SA is looking for an experienced Compliance Officer to complete the team.
The Compliance Officer will be responsible to ensure that the activities and businesses of FAB Private Bank (Suisse) SA are carried out in accordance with local rules and regulations and to provide update on compliance matters to the Head of Compliance.
He will have to manage and monitor periodically compliance functions of FAB Private Bank (Suisse) SA and assess the effectiveness and efficiency of the control, risk management and governance process in Switzerland to ensure compliance with Internal/Group Policies & Procedures and local regulations.
Main tasks :
- Assist in managing all compliance activities ensuring alignment with local regulatory requirements for Swiss activities and business via concise, accurate and relevant compliance reporting including whistle blowing activities, breach reporting and reporting of suspicious activities, and complaints handling.
- Assist in developing and executing of the risk-based Compliance Monitoring Programme (CMP) and conduct the reviews in alignment with the best practices.
- Review of account opening documents, including KYC form and research, in order to support the business for the on-boarding of new clients.
- Ensuring agenda, minutes and follow up action points of the KYCC Committee.
- Ensure that Switzerland has an effective AML & CTF policy in place and to manage the due diligence on customers and transactions including on-going CDD and ensuring that it is maintained up-to-date.
- Fully in charge of the Compliance Training Map to ascertain that all staff are aware of their regulatory obligations with emphasis on AML to educate staff and raise their awareness of their individual obligations in relation to AML and have a working knowledge of how to identify suspicious transactions (planning training, giving training, ensuring attendance follow-up).
- To keep abreast of regulatory developments in Switzerland and to review changes to regulation, analyse its impact for FAB and advise the Director on changes necessary to meet new or revised regulatory requirements.
- To provide guidance, advice and support in relation to all regulatory matters applicable to Switzerland and ensure continued technical understanding of the activities and regulations.
- Assist in conducting special investigations or reviews as and when required.
- Perform other additional tasks as required from time to time directed by Head of Compliance (Switzerland) or Group Compliance.
- Has the responsibility to protect the privacy and confidentiality of client, bank employees and bank information.
- Full overview of dormant/frozen and blocked accounts.
- Overview for monitoring of insider trading, late trading and market timing.
- Ensuring follow-up on sanctions screening for customers and transactions.