Senior Compliance Officer

Quintet Switzerland, Zurich, CHE, CH-8001
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Purpose of the Job

The successful candidate will join the local compliance function of Quintet Private Bank (Switzerland) Ltd (the “Bank”) and be an integral member of the group compliance function.  The role is envisaged to be the most senior role in the local compliance team, reporting to the Chief Compliance Officer (who heads the team).   Given the very recent establishment of Quintet in Switzerland and the need to (re)design the operational standards of the bank upon its acquisition in 2020 across all of its operations and lines of defence, in a full transformational and build up mode, the compliance team is also in a process of designing and implementing its operating model, build up with the right skill set and expertise.   Operationalising this new set up, within a very intensive transformational environment, significant regulatory and shareholders’ expectations and active onboarding of new front-to-back teams and clients, is of primary focus for the local and group management. 

Key Accountabilities

a)    Assist the CCO in operationalising the compliance team (per the above), its structures, roles and responsibilities, delineation with the other lines of defence, efficiency, quality in terms of rapidity and clarity of response 
b)    Perform at senior compliance level, with full ability to work as a generalist across the various compliance areas, deputize for the CCO at fora and on processes, as per delegation by the CCO or as otherwise appropriate 
c)    Lead the identification of the compliance standards to which the Bank is subject through its activities in the various markets and keep records of the main rules (cross – border rules are covered by the Cross-border  Centre of Competence which operates across all booking centres of the group)
d)    Work with the Group Compliance Training & Awareness Competence Centre to ensure that employees of Quintet Private Bank (Switzerland) have a sufficient level of awareness regarding the compliance standards by providing / assuring the provision of training
e)    Monitor that the compliance standards and policies are respected and regularly assess their conformity with, and suitability vis-à-vis, the Bank’s strategy, organization and operations, standards (including risk appetite statements frameworks and applicable policies) as well as applicable local regulatory requirements
f)    Participate in the compliance assessment of new products and services, and all intra-group inter-entity strategic initiatives having an impact on the Bank, having regard to the compliance standards and policies (with the assistance of other members of the Swiss compliance team or group centres of competence, as appropriate)
g)    Advise front office management and employees, in consultation with group subject matter experts, on compliance matters, relying on policies and procedures applicable to customer due diligence (KYC, KYT, SoW, FoF), anti-bribery and corruption, anti-money laundering, sanctions, cross-border, investor protection (suitability, products and services), market abuse, conflicts of interest, and rules of conduct
h)    Analyse / direct for such advice to local or group SMEs complex clients and transactions including coordination and communication of sensitive compliance cases to executive management
i)    Participate in the delivery of the annual Compliance Risk Assessment for the Bank, and of the annual compliance monitoring plan

Knowledge and Experience

A University degree in law or business administration or an equivalent education
At least 10 years of working experience, acquired in a risk or compliance function
Prior experience in a senior compliance role with broad know-how on compliance risk identification and mitigation 
Prior experience in a bank with cross- border business in Switzerland a preference
Excellent knowledge of the Swiss private banking compliance market standards in key compliance areas – AML/CFT, KYC/ on-boarding, CDB/conduct regulatory standards 

Attributes and Qualities

Balanced approach to independent challenge and business partnering
Strong communication and analytical skills, applied to build positive relationships, including with senior executive management and group stakeholders
Ability to work under pressure and to manage conflicts
Open-minded, flexible and reliable with the dedication to provide high quality deliverables
Positive attitude towards transformational and routine activities during business
Ability to work independently and deliver on short deadlines
Ability to provide clear and concise views / opinions / advice
Ability to execute on compliance deliverables in a small and rapidly changing organisation 

Technical Skills

MS Office Suite, Compliance search and surveillance tools

Languages Skills

Fluent in English and German; French an asset

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