AML Compliance Officer - Private Bank - Zurich (m/w/d)
Our client, an established financial institution with cross‑border activities across the DACH and Luxembourg region, is seeking an experienced AML / Financial Crime Expert to strengthen its compliance function. The role focuses on Swiss AML requirements while collaborating closely with colleagues in other European jurisdictions.
Key Responsibilities
AML Advisory & Governance
- Act as a subject‑matter expert for AML/CFT topics, primarily related to Swiss regulatory requirements.
- Provide guidance to local Money Laundering Reporting Officers (MLROs) and act as Deputy MLRO when needed.
- Support management with complex AML/CTF, sanctions, and financial crime‑related questions, including preparing decision papers.
Operational AML Activities
- Ensure high‑quality KYC and due‑diligence checks during onboarding and throughout the customer lifecycle.
- Review and analyse unusual activities and handle AML‑relevant daily business transactions.
- Coordinate and validate the preparation of suspicious activity reports.
Policy, Controls & Framework Development
- Further develop AML/CFT policies, governance structures, and internal control frameworks (incl. name/transaction screening).
- Lead and execute technically demanding projects, such as policy updates, system enhancements, or cross‑border standardisation initiatives.
- Conduct risk assessments for products and outsourcing arrangements.
Regulatory Monitoring & Reporting
- Analyse developments in Swiss and international regulations (FINMA, GwG, EU/DE/LU) and translate them into actionable measures.
- Manage periodic AML controls, risk analyses, and internal/external reporting obligations.
- Prepare for internal and external audits, ensuring effective coordination and documentation.
Cross-Border Collaboration & Training
- Work closely with compliance teams in other jurisdictions to maintain a consistent group‑wide AML framework.
- Deliver internal AML/CFT training and support awareness initiatives.
Your Profile
- Degree in law, economics, or a comparable field.
- 5+ years' experience in AML/Compliance within banking, wealth management, or auditing/consulting.
- Strong knowledge of Swiss AML regulations (FINMA, GwG) and familiarity with EU/DE/LU frameworks.
- Practical experience with KYC standards, screening tools, case management, and drafting SARs.
- Ability to work independently, manage complex cases, and drive cross‑border initiatives.
What This Role Offers
- A highly visible position with significant influence on AML governance and processes.
- Opportunity for cross‑border collaboration and exposure to multi‑jurisdictional frameworks.
- A stable, international working environment in the banking/wealth management sector.
- Professional autonomy combined with strong leadership support.
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