Senior Compliance Officer

JOB PURPOSE

To ensure that the activities and businesses of FAB Private Bank (Suisse) SA are carried out in accordance with local rules and regulations, applicable international standards and internal policies, and to support the Head of Compliance on all compliance matters, assessments and projects related to market conduct, client suitability, investment‑related compliance, AML, transaction monitoring and cross‑border risks.

• Ensure consistent second‑line oversight of market conduct, suitability, investment activity and financial crime risks.
• Contribute to the effective implementation and ongoing enhancement of the Bank’s compliance framework in Switzerland.
• Act as a reliable point of escalation for complex or sensitive compliance matters.

• Act as a senior compliance reference for market conduct, client protection and investment‑related compliance matters.
• Review and challenge suitability and appropriateness assessments, including alignment between client profile, risk appetite and investment strategy.
• Assess complex or bespoke investment products, structured solutions and financing‑linked investments from a regulatory and conduct perspective.
• Identify, analyse and elevate conduct risks, including mis‑selling, conflicts of interest, incentive‑driven risks and inappropriate product usage.
• Review and elevate potentially suspicious or abusive trading behaviours, including market abuse indicators relevant to private banking.
• Provide guidance to Front Office on acceptable conduct standards and regulatory expectations, promoting a strong client‑centric culture.
• Support internal investigations, thematic reviews and regulatory enquiries relating to conduct, suitability or investment activities.

• Perform and review transaction monitoring analyses, including investigations of unusual, complex or high‑risk transactions.
• Assess transactional behaviour against client profile, Source of Wealth (SoW), Source of Funds (SoF) and expected activity.
• Ensure investment‑driven transactions (e.g. financing, margin activity, structured flows) are clearly understood and coherently documented.
• Document conclusions and escalation decisions in a clear, defensible and audit‑ready manner as well as managing communications and reporting in Swiss GoAML official tool, when and if required.
• Contribute to the enhancement of transaction monitoring typologies and scenarios, including conduct‑ and investment‑driven risk indicators.

• Review and challenge onboarding, periodic and event‑driven KYC reviews, with particular attention to:
• complex ownership and control structures;
• loans, profit‑sharing, refinancing and investment‑linked arrangements;
• high‑risk jurisdictions, PEPs and sensitive industries.
• Independently assess the plausibility and consistency of SoW/SoF documentation.
• Guide Front Office and Operations on remediation of KYC gaps and documentation standards.
• Ensure AML decisions are properly reasoned, risk‑based and documented.

• Review sanctions, embargo and PEP alerts, including higher‑risk or complex cases.
• Provide second‑line judgement on sanctions‑related escalations, blocking decisions and mitigation measures as well as managing communications and reporting with the relevant Swiss authorities, when and if required.
• Contribute to the maintenance and effectiveness of sanctions‑related controls and procedures.

• Advise on cross‑border activities related to investment services, client contacts and marketing restrictions.
• Review and challenge cross‑border client arrangements to ensure that conduct, suitability and regulatory risks are identified, mitigated and documented.

• Contribute to compliance risk assessments, with particular focus on conduct, suitability and investment‑related risks, alongside AML and sanctions.
• Perform thematic reviews and targeted compliance controls testing.
• Track agreed remediation actions and elevate delays or control weaknesses.
• Support internal audit,…