Mission
The Business Risk Management team plays a key role within the Wealth Management (First Line of Defence). Business Risk Managers (BRM) are the internal referents within Front Office on the subjects of AML, CDB, Risk Appetite and KYC/KYT, and are responsible of opening client accounts and addressing transactional alerts for lower account risk categories.
Main responsibilities
- Manage onboarding of client accounts end-to-end.
- Perform formal controls on all risk level client onboardings and review the documentation to ensure that it complies with the local and international regulations (CDB, CRS, FATCA) as well as the Bank’s directives and procedures.
- Perform reviews of onboarding file (AML, KYC, KYT, adverse news screening to mitigate risks) prior to Onboarding (lower risks) or Compliance submission (higher risks) with a strong focus on standard and medium risk relations for material checks.
- Ensure documentary accuracy and completeness of corroborations and evidences in adherence to the Bank’s qualitative risk appetite and standards.
- Ensure that, when applicable, the SLA for onboarding is respected.
- Ensure appropriate documentation of, review and close all normal and medium risk Transactional alerts clarified by the front office in a timely manner.
- Launch Event Driven updates following transactional activity shifts and change in Circumstances in the client life cycle to keep KYC/KYT in line with the client’s activity.
- Escalate any deviations from the Bank’s standards to line management and control functions according to policies in place.
- Upon Management’s request, act as a relay of authority within the WM Markets on certain initiatives.
- Apply the changes required by Compliance Quality Control feedbacks in a continuous improvement manner.
- Digital and manual input in the Bank’s systems relating to account openings.
- Collaborate actively across markets with BRMs and Senior BRMs to balance workloads, protect deadlines, and leverage specific market expertise when required.
- Any other task required by Management relating to the Mission of the employee.
Your Profile
- University degree (Bachelor) or a qualification considered equivalent.
- Private Banking, Central file or WM Compliance or equivalent background with strong understanding of CDB, AML, tax regulations and sanctions matters. Any previous experience with MEA markets is an added value.
- Min 5 years of experience.
- Strong interpersonal and communication skills with the flexibility to seamlessly interact with different levels of seniority and authority.
- Good command of the Bank’s systems and MS Office suite. Knowledge of Power-BI is a plus.
- Fluent in French and English. Any additional language skill is an added value, in particular Arabic.
- Solution oriented team player, capable of working independently.
- Stress resistant, reliable, and flexible.
- Able and willing to learn, acquire new skills and grow in an agile organization.
Others
- Swiss Residence
Core Competencies : Adherence to the company’s values: Dedication, Conviction, Agility and Responsibility - Compliance with regulations and internal directives