A career at the Lombard Odier Group is something to be proud of. Our mission is to protect and grow our clients’ wealth - but not by any means necessary. Sustainability is at the heart of everything we do and we treat our clients’ wealth as if it were our own. We protect our clients’ assets for the long-term using expertise and innovation, all underpinned by our Rethink Everything philosophy. Our colleagues are the foundation of our success. We employ people at different life stages, from graduates to executive level leaders. The one thing they all have in common is that they seek to challenge the status quo, are imaginative and have the ability to offer a fresh perspective.
YOUR MISSION:
- Due diligence review and operational client onboarding activity according to CDB standards, FINMA Ordinance and Swiss AML law
- Perform on-boarding reviews of Private Banking clients, especially but not only from/in the Swiss domestic and International Markets with a focus on Asia Pacific region nexus
- Perform Background Screening of required role holders in Pythagoras, Nexis-Lexis and open media
- Develop and write compliance risk assessment with focus on:
- Account purpose
- Account structure
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Professional/Personal background of client- SoW/SoF plausibility and verification
- Negative news subject to Financial Crime or Terrorist Finance, Sanctions, PEP or Reputational Risk
- Risk score evaluation (country risk, risk industry etc)
- Align risk assessment with potential existing exposure
- Manage case submission incl. Compliance Risk Assessment to Due Diligence Committee for High risk / PEP classified clients
- Ensure control of respective follow up actions assigned and perform system validation in CRM
- Provide prospect and onboarding advice in relation to potential new and pre-existing PEP / High / Medium / Low Risk clients and act as competence center for all complex structures and PEP related questions
- Provide advice and support, in relation to all AML matters, to: Front Office, Client Lifecycle Management and other teams in relation to joint functions
- Work to meet tight deadlines in order to perform the required Compliance reviews according to regulatory and business requirements
- Cooperate with the Front Office in a timely manner in order to adhere to both regulatory and policy requirements while considering business objectives.
DESIRED PROFILE:
- 5 - 7 years of experience in Due Diligence and AML work in the financial services industry
- Fluency in English is mandatory with reading comprehension in Chinese, any other languages are nice to have assets
- As an AML Compliance Officer, having been responsible for onboarding related questions and relevant market coverage
- Used to handle complex on-boarding cases such as High Risk classified clients and Complex Structures
- Having thorough experience of handling the various aspects of on-boarding such as AML, CDB, FATCA, Tax and CRS
- Bachelor’s degree in law (or equivalent) required or evidence of comparable academic / work achievement
- Ability to summarize complex topics, to drive practical outcomes and to make sound decisions or proposals, including escalation when appropriate, as well as the ability to work well under pressure and against short deadlines
- Strong interpersonal, communication, presentation and influencing skills. In particular, a proven ability to foster productive relationships with front office staff and senior management;
- Ability to develop and write compliance assessments with clear documentation of risks and potential mitigants
- Resident in Switzerland. 100% office job in Zurich with no possibility of remote work.
If you recognise yourself in this description, then please do apply. We look forward to hearing from you.
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