The position the Regulatory Compliance Officer supports the Regulatory Compliance function in ensuring adherence to Swiss regulatory requirements applicable to Private Banking, with a focus on Market Conduct, FIDLEG, Cross-Border activities, Third Parties oversight and Client Tax compliance (FATCA/CRS).
- Monitor employee personal account dealing and staff transactions.
- Support surveillance activities related to market abuse and conduct risk.
- Contribute to conduct-related reporting and control testing.
- Support client classification and reclassification processes (opt-up/opt-down).
- Review client transactions/documentation to ensure compliance with duty of information, suitability requirements.
- Assist in monitoring best execution and conflict of interest frameworks.
- Provide regulatory guidance to Front Office on FIDLEG-related matters.
- Assess cross-border implications in client onboarding and account maintenance.
- Support review of employee travel activities and cross-border servicing restrictions.
- Maintain cross-border country guidelines and provide regulatory advice.
- Support outsourcing and vendor arrangements from a regulatory perspective.
- Assist in FATCA and CRS oversight, mainly documentation reviews and ongoing monitoring.
- Contribute to regulatory reporting and remediation processes where required.
Reporting Committees
- Assist to prepare reports, KRIs and other indicators to the regulatory compliance committees.
Qualifications & Special knowledge and skills required:
- Minimum 3-5 years experience in Compliance functions within Private Banking
- Experience with regulatory projects
- FATCA, CRS related experience is an assets
- Excellent Microsoft Office skills
- Knowledge of Latin American markets is an asset
- Knowledge of Swiss regulatory framework applicable to Private Banking & wealth management
- Knowledge of financial products and regulatory requirements
- Team player and pro-active, willing to take responsibility
- Suits well in an international environment
- Strong intercultural and interpersonal skills
- Seeks to join the collaborative working environment of a dynamic international team and to share experience acquired to excel as a team
- Exceptional communication skills
- Very Good interpersonal relationship
- University degree in Law or Business Administration or relevant experience by means of a Banking education with additional Compliance focused certifications
- Compliance Degree (DAS or similar)
