Financial Crime Controls Testing & Assurance Associate SUB /IWM Switzerland

The Financial Crime Controls Testing & Assurance Associate focused on Swiss Universal Bank (SUB) and International Wealth Management (IWM) will act as a member of a team of individuals who are accountable for the execution of monitoring & testing activities that independently assess key financial crime controls applied in the SUB and IWM business divisions in Switzerland.

This role is varied and requires excellent communication, critical thinking, and analytical skills in order to meet the demand of being part of a global function, under increasing regulatory scrutiny.

The individual performing this role would be responsible for the execution of Controls Testing & Assurance (“CTA”) reviews covering the IWM and SUB divisions, in support of the CH CTA Lead.
He or she would assess the design and/or operating effectiveness of key financial crime controls through post-event reviews, proactively identify areas of financial crime risk, areas of improvement, and root causes of issues identified, and ensure that effective and timely corrective action plans are in place to address financial crime risks and issues identified.
Additional responsibilities would also include the preparation of reports with detailed summaries to present to or discuss with Senior Management and control owners, assessment of results of reviews to identify trends and opportunities for program or control enhancement, and ensuring any deficiencies identified in reviews are documented and tracked in the appropriate systems.
This role requires that the individual liaise with control owners/performers to discuss identified issues, root cause, severity level, course of action, due dates, and assigned issue and action owner(s).
In addition to performing CTA reviews covering the SUB and IWM divisions, the individual filling this role will also need to contribute to CTA reviews with cross-divisional coverage, where necessary. Other general FCC responsibilities will be required, as needed.

Your future colleagues

The Global Financial Crime Controls Testing & Assurance (“FC CTA”) function is a globally centralized independent testing program within the Financial Crime Compliance (“FCC”) group, which assesses the effectiveness of the design and operation of key 1st and 2nd Line of Defense controls in identifying, managing, and/or mitigating financial crime risks (incl. Anti-Money Laundering, Anti-Bribery and Corruption, and Sanctions). The Financial Crime Controls Testing & Assurance Associate will report into the CH CTA Lead, based in Zurich, who is ultimately reporting into the Global Head of CTA. We are a department which values Diversity and Inclusion (D&I) and is committed to realizing the firm’s D&I ambition which is an integral part of our global cultural values.

The role requires an individual who offers:

• A university degree in a finance or law-related area
• At least 4 years of working experience within international banking or financial institutions, optimally gathered in compliance, business risk management and/or audit
• Familiarity with and knowledge of private banking and wealth management businesses and risks
• Excellent verbal and written communication skills in English required, good knowledge of German would be an advantage, and additional language skills are a plus
• High degree of accuracy, attention to detail, and well-organized working method
• Strong analytical skills as well as distinctive IT affinity to data analysis and processing (through Tableau e.g.)
• Ability to work both independently, and also with a team
• An open, dedicated, and self-motivated attitude
• Working knowledge of AMLA, AMLO-FINMA legislation and regulations, and FATF international recommendations is preferred, with experience in alternative jurisdiction-specific AML or financial crime regulations a plus
• Understands the value of diversity in the workplace and is dedicated to fostering an inclusive culture in all aspects of working life so that people from all backgrounds receive equal treatment, realize their full potential and can bring their full, authentic selves to work

*LI-CSJOB*

G. Wiendlocha would be delighted to receive your application.
Please apply via our career portal.