Assist business management in the development of policies and procedures designed to achieve and ensure compliance with firm and regulatory requirements. Provide clear advice on the application of local Swiss, UK and US rules (where applicable) and firm policy. Advice in respect of handling of errors, client complaints, breaches of client guidelines/mandates, etc; Provide compliance input into New Product Approvals for the Swiss office, assess Compliance issues of proposed new products/procedures.
Liase with internal and external auditors and manage responses and action compliance issues raised in audit reports & Control Self Assessment reviews; assist in the Compliance surveillance program to monitor for real or apparent breaches of laws, rules, regulations and local and other internal policies. Work with business management to identify the training needs of front office and other staff and assist with designing & implementing a formal compliance training program with structured training materials.
PROFILE:
The successful candidate should have several years similar experience and the attributes of a Country and Product expert : in-depth knowledge of the local regulatory environment, regulatory structures, local regulatory and market contacts, local market practice, industry groups, culture, language as well as general working knowledge of Private Banking products and services, its structure, purpose, target clients, risks, deal/trade/process flow and settlement, exchanges, etc
Excellent communication and interpersonal skills, he/she is able to develop key relationships and influence business partners.
