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