AML Monitoring Specialist; f​/m​/d - Temporary

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.

Serve as a Subject Matter Expert for the enforcement of Anti-Money Laundering (AML) standards and the assessment of unusual activities.

• Independently review unusual transactions detected by the IT-based AML monitoring system, analyse their economic background and assess if the transaction is in line with the client’s KYC (Know Your Customer) profile
• Undertake additional clarifications if deemed required (e.g. investigate with the front units, run adverse information checks of the ordering party and/or beneficiary of the transaction, request and review corroboration documents etc.)
• Review corroboration documents and assess negative news (including assessment of reliability of the source)
• Revise and document all aspects of the client relationship and take appropriate compliance actions and adequate risk mitigating and remediation measures
• Interact with senior stakeholders within Compliance and other parts of the organisation as well as with the group’s international locations
• Perform ad-hoc investigations and enhanced due diligence on defined risk categories and on complex cases
• Execute comprehensive background checks, assess and document the sources of information critically
• Escalate issues identified along the review process, while initiating and monitoring mitigation measures to reduce the bank’s risk exposure
• Collaborate with partners across all three Lines of Defence (Front, Compliance and Internal Audit), as well as other functions (Relationship Managers, Front Risk Management, etc.) and domestic and foreign group affiliate
• Recommend, develop, and implement solutions to support continuous improvement of our processes, procedures, and services

• University degree (Law or Business Administration) or equivalent
• Several years of expert experience in Legal and Compliance or Audit at a globally operating Bank
• Skills 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
• Cability 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
• Business Fluent in English, any additional languages (e.g. French and/or Russian) is advantageous

Candidates with immediate or short-term availability will be strongly preferred.

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