Head of Investigations, transaction monitoring & Sanctions

 

Head of Investigations, transaction monitoring

& Sanctions (H/F)

 

• The Head will lead the Investigations, Transaction Monitoring and Sanctions team within Edmond de Rothschild Swiss Compliance department. Responsibilities include AML Investigations, unusual and high risk transactions analysis, reviews of complex cases or set-up (ad hoc task forces) Handling of the transaction monitoring activity (allocation of cases, dashbording, escalation into clarification / investigations), SAR filing, sanctions advisory and investigations, reporting and training. The role involves the management of a team of 10FTEs.

 

 

Role

• Oversee and provide quality control and decisions, in conjunction with the Head of Compliance, on AML Investigations into cases of suspected money laundering.
• Management of sanctions advisory and investigation activities, including on accounts subject to blockage.
• Oversight of EdR Name screening and transaction filtering systems.
• Ensure AML/SAR submissions are of quality, timely filed and appropriately reported to the Swiss Compliance Committee (Comité de Conformité). Ensure post-SAR analysis are performed on a timely basis.
• Analyze AML Investigations and SAR reports to propose control improvements and identify emerging AML trendsService Swiss judicial orders in conjunction with the legal department.
• Ensure a correct distribution and analysis of the complex cases inside the team
• Allocation and distribution of the daily transaction monitoring alerts
• Review the Scenarii of the transaction monitoring tool if necessary (on a RBA)
• Ensure proactively a relocation of the FTE within the teams in case of backlog
• Ensure a smooth collaboration between all the compliance teams to gain in efficiency
• Act as a subject matter expert in all AML and Sanctions issues within the Bank
• Produce management information (MI) content for Swiss and Group reporting’, including the bi- weekly AML Dashboard.
• Liaise financial crime concerns with other EdR Group entities.
• Contribute to AML training, both from a Swiss and Group perspective.
• Key stakeholder for EdR Group AML transformation initiatives.
• Contribute to the update of all the AML Policies and manual for EDR Swiss

 PROFIL

• 10+ years’ experience in AML Investigations and SAR reporting in a Private Banking context (Switzerland).
• Very Good knowledge of Swiss regulatory environment (LBA, OBA-FINMA, CDB)
• French and English required.
• Strong analytical and IT skills (including knowledge of GoAML).
• Flexibility, adaptability with good intuition and problem solving skills.
• Good communication and organizational skills.
• Ability to prioritize and work under pressure.
• Swiss residency
• Swiss Law or economics degree (Master)
• CAS Compliance or equivalent