Banque Internationale à Luxembourg (Suisse) SA (BIL Suisse) is a fully owned subsidiary of Banque Internationale à Luxembourg SA (BIL), the oldest private bank in the Grand Duchy. BIL Suisse is a boutique bank providing innovative wealth solutions for internationally active entrepreneurs and families, with offices in Zurich, Geneva and Lugano. The organizational structure is designed to foster quick and agile decision-making, with streamlined reporting channels. This empowers BIL Suisse to provide clients with cutting-edge solutions tailored to their evolving requirements.This is an interesting role within the Compliance Department with a broad scope of topics focusing on the full range of wealth management, our boutique corporate and institutional business, intermediaries and corporate matters. You will be responsible for the onboarding of new clients, mainly from Eastern Europe, but also support the Compliance department in other AML related day-to-day activities such as advisory, investigations incl MROS filings and transaction monitoring. As part of our journey towards digital Compliance the candidate may also participate in process improvement initiatives.The Compliance team is composed of 7 team members with an intercultural and interdisciplinary background and is highly committed to create and impact a sustainable Compliance culture and to promote the bank's core values.The workplace for this position is in Zurich.Key Responsibilities
Perform client onboarding KYC reviews including assessment of source of wealth/funds, media screening, identification of ultimate beneficial owners etc in line with Swiss and international standards as well as the bank's risk appetite.
Prepare the Compliance assessment and present the findings and recommendations to the local as well as international Client Acceptance Committee.
Provide guidance and advice to the Business and internal stakeholders on regulatory matters, particularly AML and CDB.
Conduct investigations to identify suspicious transactions/activities and assist with preparing relevant reports to authorities.
Collaborate with Group Compliance on common client cases, regulatory and policy matters and contribute to the annual Compliance activity report and AML risk assessment.
Contribute to a variety of Compliance and regulatory change projects as well as business initiatives.
Additional Responsibilities
Support the Compliance team on all daily tasks and activities as needed.
Propose process, system and policy enhancements.
Education and experience
University degree in business administration, economics, law or similar.
Minimum of 5 years relevant working experience in Compliance in the financial industry, ideally Wealth Management in Switzerland.
Sound knowledge of financial products and markets.
Fluency in English and Russian is mandatory. Additional languages such as French, German or Italian are a plus.
In depth knowledge of standard MS Office.
Avaloq, MS Power Apps, MS PowerBI experience would be an advantage.
Only candidates with Swiss working permits will be considered.
Personal skills
Strong relationship and stakeholder management skills.
Dedicated problem solver with a positive, empathetic personality and can-do attitude who enjoys handling multiple challenging priorities and assignments and is able to take clear decisions.
Critical thinker, analytical and with high attention to detail.
Strong written and spoken communication and presentation skills.
This presents an exciting opportunity to become a part of our team in Switzerland and play a pivotal role in the expansion of our bank. If you are a motivated individual with a deep-seated enthusiasm for the financial sector and possess the necessary skills and qualifications, we invite you to submit your application. BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all. BIL Suisse carries the Fair-ON-Pay label and underlines thereby its lasting commitment to equal pay between women and men!