Mission
Ensure compliance with Swiss laws and regulations as well as with ING Group policies regarding Compliance.
Identifies, assesses, advises on, monitors and reports on the ING’s compliance risk, with a focus on AML matters, to help the organization avoid failure (or perceived failure) to comply with applicable laws, regulations and ethical/reputational standards. Develops and/or implements and/or applies relevant rules and controls to ensure compliance with all relevant legislation, regulation and standards.
Responsibilities
Main tasks and responsibilities
AML tasks
* Conduct investigation of compliance risk events such as adverse news, suspicious transactional activity, group-wide investigations etc.
* Handling of complex money laundering cases and assuring internal and external (such as MROS, Group Compliance, Audit, Correspondent banks) follow-ups.
* Preparation, presentation of AML/ABC related cases to participation to and minuting of Geneva Client Integrity Risk Committee.
* Periodic scan and analysis of customer database (name screening).
* Assure post-transaction monitoring and follow-up for alerts escalated to the 2nd Line of Defense.
* Annual review of Increased Risk customers (incl. PEP), on ad-hoc basis.
* Liaise and establish a network with relevant internal stakeholders, such as Audit, Compliance Group, IT, QA, etc whenever necessary.
* Quarterly reviews of Client under Compliance Watchlist and presentation to ad-hoc committee.
Compliance training and advisory activities
* Help cement a risk aware compliance culture in the bank and to adjust to an evolving risk appetite.
* Support and advise staff on compliance matters in the daily business in the fields of AML, ABC, Financial crime.
* Give training to Senior Management and to staff on compliance related matters.
* ABC analysis and advice on G&E, sponsorship, charitable donations.
Audit and reporting
* Assist the MLRO of the Branch in the money laundering reporting to authorities (MROS).
* Assist the Head of Compliance in the different internal Compliance reporting to local management and to the group functional line.
* Assist internal and external auditors.
* Prepare bi-annually and report Dormant account status.
* PEP and Name Screening control and reporting.
Policies, procedures and projects
* Support implementation of group compliance policies at local level.
* Assist if needed in review of Compliance related policies and procedures.
* Assist the Head of Compliance in trans-departmental projects and implementation of the bank’s project methodology, and take ownership whenever requested.
Internal and external communication lines
Internal
* Reports hierarchically to the Head of Compliance, and operationally to the MLRO.
* Has contact with all departments of the Branch on Compliance matters.
* Functional line collaboration and reporting to the Group functional line.
External
* With official bodies in matters related to Money Laundering.
Skills Required
Personal competencies
* Structured and organized
* Pragmatic and solution oriented
* Taking Initiatives and be creative
* Autonomy
* Compliance and integrity
* Analytical skills and global approach
* Communication skills (oral and written)
* Team spirit
* Capacity to work in a matrix organizational model, on an ad-hoc basis under pressure.
Specific Knowledge
* Banking law and regulations: In-depth knowledge of local and international KYC/KYT, anti-money laundering, anti-corruption, prevention of the financing of terrorism and sanctions regulations.
* Basic understanding of local and international tax matters.
Languages
* English: fluent
* French: will be an advantage
* Any other language – will be an advantage.
Professional Experience And Academic Background
* At least 3 years of experience in Compliance.
* University degree in business or law, ideally complemented with a CAS or specific Compliance training/education (ACAMS, etc).
* Knowledge of lending activities and more specifically trade and commodity finance, a plus.
We will only consider applicants with a valid work permit for Switzerland or eligible to work in Switzerland.
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