Website Arab Bank Switzerland (ABS)
• Contribute to a positive and engaging compliance spirit and risk awareness within the company.
• Ensure adherence to Bank’s regulatory duties, appropriately and pro-actively identifying, evaluating, investigating and resolving compliance & risk issues/concerns.
• Identify, understand and interpret Swiss/international financial regulation and FINMA Circulars as well as guidance issued by the banking industry.
Contract type: Permanent Contract
Requirements
• Degree level – Preferably in Law, Banking or Business Administration
• CAS in compliance (a great asset) • Excellent knowledge of Swiss banking regulations (AML, CDB, FinSA; FinIA)
• Strong practical experience in Compliance, Banking, Audit or other Regulatory or Risk Functions (5-10 years) covering business lines as Wealth Management, Asset Management, Treasury
• Analytical, well-informed and creative approach to problem-solving • Ability to work independently and to the highest level of accuracy and accountability • Computer and IT systems literate (Avaloq +)
• Ability to work under stress and time pressure • Self-assertion, good communication skills and interaction with the Front Office
• Fluent in French and English (both written and spoken), Arabic is a plus
• Living in Switzerland (mandatory)
Job purpose
Current operational tasks
• Relations and transactions filtering
• Review of account opening (KYC) and related documents (individuals, corporate and financial intermediaries accounts)
• Controlling, clarifying, and assessing higher-risk transactions, as well as those related to sanctions
• Handle AML investigations, including preparation of suspicious activity reports for the MROS, follow-up with authorities
• Accounts blocking maintenance
• Review and acceptance of ad-hoc re-documentation (e.g. FATCA, QI, CRS forms, CDB forms) Review
• Monitoring of accounts to ensure adherence to art. 305bis of the SPC
• Periodical reviews of PEP, higher risks and low risks relationships Various
• Investigations and follow-up with relevant authorities
• Responding to third party banks/custodians on specific transactions
To apply for this job please visit abs.intranet.digital.