Compliance Officer Trade Finance

Responsibilities:

Review new account applications to ascertain that they meet the bank’s internal standards (“Client Due Diligence (CDD)”, Anti Money Laundering (AML)), Sanctions, Tax and Swiss regulatory requirements. Provide the necessary support to Front Office in the account opening process.

Handle the Sanctions (OFAC & EU & SECO), PEP and AML monitoring alerts and timely resolution of CDD / AML issues arising from alerts or change of circumstances, to ensure proper assessment and documentation.

Regular monitoring and review of the customers’ profile and/or account documentation prepared by the CRMs.

Ensure that Bank’s staff members are regularly trained and informed on key regulatory issues and topics in relation to CDD, Sanctions, AML and other relevant compliance matters.

Performing KYC on Counterparty Banks.

Maintain appropriate audit trail and documentation in all instances of alert review and/or clarifications, to evidence/support the review.

Preparing files for MROS reporting or upon authorities requests.

Participate to the Quality Assurance Program of the Compliance division.

Perform regular reporting to the Head of Compliance on complex and sensitive cases.

Collaborate and share best practices with Compliance team.

Seize opportunities of creating efficiencies and improving processes.

Profile :

University Degree in Law / Business Administration or equivalent.

Certificate of Advances Studies (CAS) in Compliance Management, or equivalent.

3-5 years proven experience in a similar compliance role within a Bank, including the handling of account openings, customers’ profiles review and formal analysis.

In-depth knowledge of Swiss regulatory requirements, such as AML, KYC, CDB and other relevant banking regulations.

Previous experience related to FATCA/QI/AEI, Federal Financial Services Act (FinSA) and Financial Institutions Act (FinIA) a real asset

Proven experience and knowledge of Commodity Trade Finance