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Onboarding & Periodic Review Senior Compliance Officer – Israel Market Expert

As Senior Compliance Officer you will join our international, dynamic and highly skilled Compliance Onboarding and Periodic Review team of 20 colleagues spread across Zürich, Geneva and Lugano and r

As Senior Compliance Officer you will join our international, dynamic and highly skilled Compliance Onboarding and Periodic Review team of 20 colleagues spread across Zürich, Geneva and Lugano and rich of a variety of background, languages and experience.

In this position you will have the special role of Anti Money Laundering officer and subject matter expert for our Israel market but you will be also challenged to work on many other international and complex profiles. This position has a high-stakes and visible role with extensive Front Office contacts.

Main responsibilities

  • Preparation of comprehensive compliance analysis and recommendations regarding new and existing Standard/HRC/PEP/SHRC accounts for individuals and legal entities; assessments of KYC accuracy, completeness, and plausibility, ensuring that risks are adequately mitigated;
  • Comprehensive Holistic review of 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 HRC/PEP/SHRC cases to the Client Acceptance Committee providing relevant risk assessments and succinct 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, internal “Tax Transparency Check List” and other elements, documentation of such assessments;
  • Management of other requests (e.g., credit card requests, enquiries from other departments or third parties, overrides, change of residence, accounts closure, and review of cross-booked accounts);
  • Support the implementation of new systems and tools;
  • Propose process, system and policy improvements;
  • Support the tasks regarding internal and external Audit upon request;
  • Escalate potentially suspicious matches to the Financial Intelligence Unit (FIU).

SpeciaI tasks

  • Single point of contact for clients and prospects originating from Israel both in respect of Account onboarding and Periodic review
  • Acting as a first point of contact and facing off to FLOD: esclations, pre-approvals, etc
  • On-the-job coaching provided to Compliance colleagues

Skills and experience

  • 15+ years prior experience in compliance roles, spanning across Transaction montioring, KYC and Sanctions;
  • Fluent in English and Hebrew is a must, other Swiss national languages a plus
  • Anti Money Laundering officer and subject matter expert for Israel market in the following industries, coupled with venture capital financing knowledge:
  • + on-line gaming
  • + cybertech
  • + blockchain & crypto
  • + HLS
  • + Agritech
  • + Biomedical & cannabis
  • Principled, self driven and acting with integrity;
  • Superior attention to detail in order to identify and correct risky practices, while not losing sight of the big picture;
  • Must be a strong communicator, resolve conflict and capable of expressing oneself clearly both speaking and in writing;
  • Possess a collaborative personality and be open to suggestions from team members;
  • Exemplify strong knowledge of industry protocols and best practices;
  • Excellent analytical skills and ability to accurately interpret complex documents (trusts, PICs, Foundations) and policies;
  • Strong time management and organizational skills and able to meet tight deadlines.

Our values

  • 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.

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