AML Monitoring Senior Compliance Officer

The AML Monitoring team refers to the monitoring of customer transactions, including assessing historical and current customer information and interactions to provide a complete picture of customer activity. This can include money transfers, deposits and withdrawals. At EFG, the monitoring is performed with the support of the software SAS.

The position can be covered either in Geneva, Zürich or Lugano.

Main responsibilities

• Analyse high risk transactions;
• Identify suspicious behaviour;
• Manage alerts generated by the Transaction Monitoring System in due time;
• Follow the Transaction Monitoring alert escalation process;
• Duly register output of analysis and/or alert escalation process on systems and tools;
• Conduct in-depth analysis of transactional patterns;
• Escalate to Head of AML Monitoring highly sensitive and/or urgent cases;
• Prepare analysis’ reports;
• Escalate potentially suspicious matches to the Financial Intelligence Unit (FIU);
• Present cases;
• Maintain systems and tools up to date;
• Collaborate with other Compliance Units (including Group Compliance) and with FLoD (First Line of Defense) team; 
• Prepare and provide trainings and workshops on Transaction Monitoring;
• Ad-hoc support other Compliance Units with language skills and specific regional knowledge;
• Support hand-over to back-up

Special Tasks:

• Analysis and approval of transactions on accounts blocked for AML reasons (overrides);
• Management of Requests from Third Parties:
  
  • Analysis and approval of Cash invest requests from FLoD;
  • Manage requests from Correspondent banks – liaise with FLoD, collect and control information, provide answer in due time;
  • Manage requests from the Public Prosecutor, MROS and other authorities - collect and control information, prepare files, provide answer in due time.
  • AML Questionnaires:
  • Manage requests of AML/KYC Questionnaires from EFG Bank AG’s counterparties in due time;
  • Coordinate with other departments to collect necessary information and approvals;
  • Analyse and verify accuracy and expiry date of documentation to be provided;
  • Take action in case documentation is expired and/or inaccurate;
  • Manage AML Letters and Comfort letters by preparing the wording and collecting approval and signatures;
  • Adapt answers following counterparties’ jurisdiction;
  • Liaising with counterparties’ touchpoints to find new solutions for requests;
  • Ensure the functionality of the webpage for counterparties;
  • Review questionnaires and documentation received from Financial Institutions;
• Maintain list of activities up to date for internal organization
• Support hand-over to back-up
• Upon request and after training, can be back-up for Name Screening…

Skills and experience

• 4+ years of experience in Financial Crime Compliance;
• Fluent in English both written and spoken and German and/or French and/or Italian;
• CAS in Compliance and/or other specialized certificates are a plus;
• Solid knowledge of the Swiss Anti-Money Laundering regulatory framework;
• Strong analytical and interpersonal skills;
• Leadership skills and ability to solve problems;
• Capability to question with sound judgement and discretion; 
• Ability to work independently and with the team towards common goals;
• Strong communication
• Flexibility and resourcefulness;
• Able to take action and decisions …

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.