Senior Compliance Officer Onboarding & Periodic Reviews — EFG International AG

Main responsibilities

• Preparation of comprehensive compliance analysis and recommendations new accounts for both individuals and legal entities; assessments of KYC accuracy, completeness, and plausibility of KYC documentation ensuring that risks are adequately identified and mitigated;
• Comprehensive holistic review of existing relationships consisting of multiple accounts of various structures, update on due diligence and risk classification, analysis of the flow of funds, analysis of client information profile in view of the transactional behavior, evaluation of tax compliance, and assessment of any changes in circumstances;
• Presentation of certain cases to the client Acceptance committee providing relevant risk assessments and clear compliance recommendations;
• Advise and support to front office on matters relating to Anti-Money Laundering (AML), Know Your customer (KYC) and agreement on the Swiss banks' code of conduct in the context of the exercise of due diligence (CDB 20);
• Assessments of clients' tax compliance, including FATCA and CRS forms, and other relevant elements, documentation of such assessments;
• Management of other requests (e.g. enquiries from other departments or third parties, overrides);
• Support the tasks regarding internal and externaI Audit upon request;
• Escalate potentially suspicious cases to the Financial Intelligence unit (FIU);
• Work in coordination with other units when required, such as the Sanctions Team, Legal department, Account Documentation, and other relevant departments, to ensure thorough clients assessments.

Key requirements

• Professional English required.
• 5+ years prior experience in role
• Principled, autonomous and strong team player/collaborative personality.
• Capable of expressing oneself clearly both speaking and in writing.
• Strong knowledge of industry best practices.
• Excellent analytical skills, attention to details and ability to accurately interpret complex documents or structures.
• Strong time management and organizational skills to meet tight deadlines.

What the company offers

• Accountability: Taking ownership for tasks and challenges as well as seeking continuous improvement
• Hands-on: Being proactive to rapidly deliver high-quality results
• Passionate: Being committed and striving for excellence
• Solution-driven: Focusing on client outcomes and treating clients fairly with a risk-aware mindset
• Partnership-oriented: Promoting collaboration and teamwork. Working together with an entrepreneurial spirit.

Our Company

EFG International is a global private banking group, offering private banking and asset management services. We serve clients in over 40 locations worldwide. EFG International offers a stimulating and dynamic work environment and strives to be an employer of choice.

EFG is committed to providing an equitable and inclusive working environment that is founded on the principle of mutual respect. Joining our team means experiencing a supportive environment, where your contributions are valued and recognised. We strongly believe that the diversity of our teams gives us a competitive advantage by fostering better decision-making and greater innovation.

Our Purpose and Mission

Empowering entrepreneurial minds to create value – today and for the future.

We are a private bank, offering personalised solutions on a global scale to private and institutional clients. Our sustainable success is based on our talents and on how we partner with our clients and communities to create lasting value.

Useful keywords

• Professional English required.
• 5+ years prior experience in role
• Principled
• Capable of expressing oneself clearly both speaking and in writing.
• Strong knowledge of industry best practices.
• Preparation of comprehensive compliance analysis and recommendations new accounts for both individuals and legal entities
• Comprehensive holistic review of existing relationships consisting of multiple accounts of various structures
• Presentation of certain cases to the client Acceptance committee providing relevant risk assessments and clear compliance recommendations