Sanctions Compliance Officer

☞ Lombard Odier & Cie

View: 161

Update day: 25-04-2024

Location: Genève Genève GE

Category: Legal / Contracts

Industry:

Job type: 100%, Temps de travail : 90-100%

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Job content

A career at the Lombard Odier Group is something to be proud of. Our mission is to protect and grow our clients’ wealth - but not by any means necessary. Sustainability is at the heart of everything we do and we treat our clients’ wealth as if it were our own. We protect our clients’ assets for the long-term using expertise and innovation, all underpinned by our Rethink Everything philosophy. Our colleagues are the foundation of our success. We employ people at different life stages, from graduates to executive level leaders. The one thing they all have in common is that they seek to challenge the status quo, are imaginative and have the ability to offer a fresh perspective.
YOUR MISSION :
  • Performance and follow-up of dedicated sanctions compliance investigations, reviews and risk assessments;
  • Evaluation of investments securities, funds or other, presenting direct or indirect links with countries under sanction;
  • Advising the business on onboarding acceptance for prospective clients, establishment of the conditions and restrictions to be applied and related procedures. Analysis to be provided to COR Team/ CLM team for new onboarding cases with a sanctions exposure – inclusion of Sanctions assessment in DDC submissions;
  • Assess the implementation of blocking and restrictive controls on client accounts, assets, and transactions as well as on securities and any further risk mitigation measure;
  • Daily and ongoing advice and support the Bank’s management and staff with respect to sanctions compliance;
  • Assisting in the requests and reporting from /of sanctions regulatory competent authorities (OFAC, OFSI, SECO) on sanctions issues;
  • Assistance in the management of operational sanctions issues with our BPO clients;
  • Support in the handling of sanction questionnaires received by our counterparties;
  • Identify possible new countries/parties/securities under sanctions based on a dedicated regulatory watch;
  • Maintain the Sanctions Directive and the related Group Guidelines and the communication of any changes thereto;
  • Assisting in the development and provision of f sanctions compliance training, awareness raising and other communications, as appropriate;
  • Tracking of highly sensitive accounts in the sanction perimeter, including a risk based analysis and remediation measures implemented;
  • Assistance to be provided to T&O for situations related to inflows / outflows / internal transactions / securities transactions for accounts subject to a close-monitoring in the sanctions perimeter;
  • With the collaboration of T&O, ex-ante payment sanctions screening messages filtering (Swift, SIC, SEPA, etc.) and handling and resolution of potential sanctions hits generated.
DESIRED PROFILE:
  • 3-5 years of experience in the banking sector within a Compliance, Sanctions, Financial Crime, Legal, Audit or similar function;
  • A university degree in Law/Economics or comparable studies or equivalent in working experience in the financial industry sector;
  • General understanding of Swiss, EU, US, UN and UK sanctions framework;
  • Independent working approach, combined with the ability to identify relevant compliance considerations in any given situation;
  • Fast learner to be able to work in a dynamic regulatory environment;
  • A university degree in Law/Economics or comparable studies or equivalent in working experience in the financial industry sector;
  • Reliability and ability to grasp relevant issues quickly, and meticulous attention to detail;
  • Team player with good communication skills with a high standard of written and spoken English;
  • Resident in Switzerland or willing to relocate to Switzerland.
If you recognise yourself in this description, then please do apply. We look forward to hearing from you.
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Deadline: 09-06-2024

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