Compliance Officer
Veröffentlicht am 04/09/2024
Bank Pictet & Cie (Europe) AG, succursale de Luxembourg
Pictet is an investment-led service company, offering wealth management, asset management and related services.
We are an independent investment partnership known for our long-term mindset, responsible approach to business and entrepreneurial spirit. These principles have defined us since 1805. For our clients, colleagues, and wider society, we always aim to do the right thing and honour our commitment to enduring quality.
With more than CHF 686 billion in assets under management or custody as of December 31st 2023, Pictet is today one of the leading Europe-based independent wealth and asset managers.
The Group is headquartered in Geneva, where its activities began, and employs more than 5000 employees. With 30 offices, it is also present in Amsterdam, Basel, Barcelona, Brussels, Dubai, Frankfurt, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel-Aviv, Tokyo, Turin, Verona, Shanghai, New York and Zurich.
Your team
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 at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700 people.
Corporate Functions includes the Group’s non-banking activities and employs more than 600 people. These functions are carried out by specialists with expertise across all business units, and include Communications, Compliance, Finance, Human Resources, Information Security, Internal Audit, Legal, Organisation & Digital, Risk and Tax departments.
Your role
The objective of the function of Compliance Officer is to proactively contribute to the monitoring of the Bank’s Compliance risk, as well as in the management of the relevant framework.
Primary focus:
- Participate in the client onboarding process for PEP (Politically Exposed Persons) and High-Risk clients, conducting ex-ante reviews of files before presenting them to the relevant bodies;
- Conduct regular reviews of client files based on AML (Anti-Money Laundering) risk, following a frequency determined by the level of risk.
Other tasks:
- Assist colleagues in conducting thematic reviews, including process and regulatory practice reviews, accompanied by control testing, which includes assessing control activities within the first-line defence control unit ("L1 Segregated");
- Contribute to the regular update of the compliance risk register and contribute to the evolution of the monitoring program;
- Participate in the establishment and provision of Key Risk Indicators (KRIs) as part of the compliance risk reporting system for the bank's management and the Group;
- Support the management of the Compliance function and contribute to the development of organizational measures, including managing or participating in projects for the implementation of new activities or control mechanisms, and organizing, monitoring, and updating internal procedures within the department.
Your profile
- University degree or equivalent. Law degree is an asset.
- 3 to 5 years' experience in a similar position within a bank in the financial sector, or in internal or external auditing;
- Excellent knowledge of regulatory requirements and practices, particularly in the areas of anti-money laundering/counter-financing of terrorism (AML/CFT) and international sanctions;
- Familiarity with Wealth Management and Asset Servicing businesses, and good knowledge of banking operations;
- Knowledge of Depositary Banking and client asset safekeeping rules would be a plus;
- Fluent in French and English - German is considered as an asset;
- Proactive and autonomous;
- Analytical skills;
- Discretion, rigour, well-organised;
- Polyvalence;
- Team spirit.
Note
We will not accept any CVs from agencies.
In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.
Flexible and modern ways of working
As a responsible and supportive employer, we promote the well-being of our employees through a set of flexible working arrangements, ranging from a work-from-home policy for eligible functions to opportunities for annualised part-time leave and extended parental leave.
Diversity & Inclusion
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.
