Senior AML Compliance Officer Job Geneva area,Switzerland,Finance & Banking

Position: Senior AML Compliance Officer (6-month contract)

A career at Lombard Odier means working for a renowned global wealth and asset manager, with a strong focus on sustainable investing. An innovative bank of choice for private and institutional clients, our independently owned Firm is one of the best-capitalised banking groups in the world, managing close to CHF 300 billion and operating from over 25 offices across 4 continents.

With a history spanning over 230 years,
Lombard Odier is an investment house providing a comprehensive offering of discretionary and advisory portfolio management, wealth services and custody. We also offer asset management services and investment strategies through Lombard Odier Investment Managers and provide advanced banking technology to other financial institutions.

“Rethink Everything” is our philosophy – it is at the heart of everything we do. We have grown stronger through more than 40 financial crises by rethinking the world around us to provide a fresh investment perspective for our clients.

Senior AML Compliance Officer (6-month contract)

Starting September 26, we are looking for a Senior AML Compliance Officer for a 6-month contract, based in Geneva, to join our Onboarding team.

YOUR ROLE:

Operational due diligence reviews according to CDB standards, FINMA Ordinance and Swiss AML law

Perform on-boarding, Change of Circumstances and event-triggered reviews of Private Banking clients, especially but not only from/in the Swiss domestic and International Markets. Contribute to Periodic Reviews in peak times

Background Screening of required role holders in SmartKYC and open media

Develop and write compliance risk assessment with focus on:

Account purpose

Account structure

Professional/Personal background of client

SoW/SoF plausibility and verification

Negative news subject to Financial Crime or Terrorist Finance, Sanctions, PEP or Reputational Risk Risk score evaluation (country risk, risk industry etc)
Align risk assessment with potential existing exposure

Transactions review where required for existing exposure

Manage case submission incl. Compliance Risk Assessment to Due Diligence Committee for new High risk / Very high risk or PEP classified clients or where new material risks were identified for existing clients

Ensure control of respective follow up actions assigned and perform system validation in CRM

Provide prospect and onboarding advice in relation to potential new and pre-existing PEP / High / Medium / Low Risk clients and act as competence center for all complex structures and PEP related questions

Provide advice and support, in relation to all AML matters, to:
Front Office, Client Lifecycle Management and other teams in relation to joint functions

Work to meet tight deadlines in order to perform the required Compliance reviews according to regulatory and business requirements

Cooperate with the Front Office in a timely manner in order to adhere to both regulatory and policy requirements while considering business objectives

Support the Swiss Head Compliance Onboarding and Review with any special tasks including audit relevant preparatory or follow-up work

YOUR PROFILE:

6 - 8 years of experience in Due Diligence and AML reviews in the financial services industry

Fluency in French and English is a must with comprehension of any further language as nice to have asset

As an AML Compliance Officer, having been responsible for private client due diligence related questions and relevant market coverage

Used to handle complex client cases such as High Risk, PEP classified clients and Complex Structures

Having thorough experience of handling various aspects of due diligence such as AML, CDB, FATCA, Tax and CRS

Bachelor’s degree in law (or equivalent) or evidence of comparable academic / work achievement

Ability to summarize complex topics, to drive practical outcomes and to make sound decisions or proposals, including escalation when appropriate, as well as the ability to work well under pressure and against short deadlines

Capability to develop and write detailed compliance assessments in English with clear documentation of risks and development of mitigants

Strong interpersonal, communication, presentation and influencing skills. In…