Business Compliance Monitoring Manager
The Pictet Group is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented in 30 offices in financial centres worldwide, currently employing over 5,000 people.
Pictet Wealth Management combines more than 200 years of Swiss banking heritage with global investment expertise. The Partner-owned financial service group offers a comprehensive service for wealthy individuals and families including discretionary and advisory investment solutions and family office services.
You will be joining Pictet Wealth Management Geneva and will be part of the Client Monitoring team based in Geneva.
Perform all activities related to transaction monitoring and anti-money laundering compliance (name screening), sanctions and embargoes (payment filtering), and correspondent bank inquiries related to AML and sanctions. Act a team leader on specific compliance monitoring activities.
Responsibilities
- Monitoring high-risk transactions in compliance with anti-money laundering and terrorist financing regulations (Swiss AMLA, OBA-FINMA, CDB20).
- Handling daily alerts involving sanctions and embargoes, including payment filtering (Firco Continuity) and correspondent bank inquiries related to sanctions.
- Performing various controls related to AML activities including name screening and correspondent bank requests. Acting as an advisor to the Front Office.
- Interacting frequently with the Front Office and various internal stakeholders, as well as presenting to AML Committees.
- Taking charge of various ad hoc projects relating to the team’s activities in collaboration with the management of the Client Monitoring team.
- Guiding and providing support to junior staff in their work and providing ongoing training.
- Carrying out and following up on all necessary clarification processes.
- Between five and eight years’ experience in a similar compliance position in a private bank in Switzerland.
- A master’s degree or relevant experience in private banking; Certificate in Compliance Management an asset.
- Strong interest in regulatory issues and the AML field. Very good knowledge of the Swiss AMLA, the OBA-FINMA and the Swiss Banks' Code of Conduct, as well as related jurisprudence.
- Excellent command of French and English; other languages would be a plus.
- Strong analytical mindset and problem-solving skills.
- Flexible and conscientious with broad knowledge; able to communicate precisely and distil important information.
- Able to show discretion and handle confidential issues in an appropriate manner.
- Team player and stress resistant.
- Able to handle the material and formal aspects relating to KYC/KYT reviews.
- Must be resident in Switzerland.
Ref: BCM/SN/NB
Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace.
