KYC/AML OFFICER

Permanent contract|Zürich|Legal / Taxation / Compliance

KYC/AML OFFICER

Zürich, Switzerland Permanent contract Legal / Taxation / Compliance

Responsibilities

Société Générale Zurich Branch (Corporate and Investment Banking) provides innovative financial solutions, advisory services and capital market products serving the needs of its corporate, institutional and private clients. Present in Switzerland since 1927 SGCIB Zurich Branch offers local and cross-border expertise providing a full range of financial services to its clients with a particular focus on securities, services to foreign funds, trade finance and cash management services.

Mission: 

You will be part of the German speaking KYC hub based in Zurich, that covers the client Onboarding and Review for all business lines of the Swiss, German and Austrian branches of Société Générale Paris.

The position requires a natural interest and curiosity to learn about financial markets and banking activities and the ability to reprioritize tasks in order to enhance our service to the client and internal stakeholders. Candidates must be able to focus in high pressure situations and are self-motivated to develop themselves through proactive engagement within the team and across business units

Main Missions:

  • Be a single point of contact / hinge between the business lines, compliance and management;
  • Facilitate new clients onboarding / existing clients management:
  • perform due diligence controls;
  • write risk assessments;
  • validate / update client profiles.
  • Perform KYC/AML support functions.

Tasks and responsibilities:

  • Facilitate the Onboarding of new clients/the Review of existing clients by adhering to global policies and guidelines, as well as respecting all associated local, tax or other regulatory requirements;
  • Perform due diligence controls in relation to the identification and reputation of prospects (Onboarding)/clients (Review) including associated parties (directors, shareholders, beneficial owners);
  • Perform a risk assessment as part of the analysis and document a formalized opinion, by focusing on the presence of potential reputational, PEP and sanction risks, as well as commenting on the purpose of the client relationship, and highlighting any other identified issues, to ensure the bank remains vigilant in the fight against money laundering and meets its regulatory obligations;
  • Validate/update the client profile in the referential systems to reflect the KYC assessment;
  • Provide advice and support to the business lines, compliance and management to ensure a smooth functioning of the KYC processes;
  • Perform other KYC/AML support functions, such as: filtering of individuals and entities against sanctions and assisting in documentary transactions (L/C) approvals;
  • Train team members & business lines and assist the manager/team leader in meeting the department’s obligations throughout the KYC process;
  • Be proactive in the identification of issues and the development of new ideas and show engagement during the regular team meetings to help improve the efficiency and innovative abilities of the team;
  • Assist in the continuous monitoring of the department’s delivered quality of work and regular reporting;
  • Take on responsibilities for audit missions and other recurring regulatory tasks.

Profile required

Studies & experience:

  • University or business school (“FH”) graduate, with a qualifying degree to work in the financial sector, majoring in finance, economics, law or international relations. Graduate degrees are considered a plus;
  • 3-5 years recent prior professional employment in a related field is required;
  • First-hand professional experience of the European and Swiss financial regulatory environment (AML, PEP, tax, etc.);
  • International experience is considered a plus and may justify basic knowledge of the local regulations.
  • Any previous SG Group experience would a plus due to SG’s commitment to developing & retaining its employees.

Language skills:

  • English proficiency (C1-C2);
  • German proficiency (C1-C2);
  • Other languages are considered a plus.

Technical, operational & Soft skills:

  • Excellent analytical and writing skills, and willingness to develop these on the job;
  • Good interpersonal and communication skills (sense of service and flexibility that are expected in support functions), and motivation to improve these with experience;
  • Excellent time management and ability to work autonomously;
  • Excellent ability to self-study and engagement to learn under pressure;
  • Responsible, committed with a good attention to detail;
  • Experience (preferably professional level) demonstrating the ability to focus in modern (flexi and open space) work environment.

Why join us

Société Générale Switzerland is a multi-category bank offering every employee the possibility to have several careers in a professional career path. Internal mobility and training are two core areas we focus on, in a dynamic, prosperous and evolving context:

  • Exposure to a very dynamic and international working environment;
  • Great team spirit, one of our core principles;
  • The chance to learn about all aspects of corporate and investment banking in a support function dealing with business lines across three countries: trade commodity finance, cash management, structured products and derivatives, bond issuance, securities services, project and real estate finance, mergers and acquisitions, IPOs;
  • Work closely with stakeholders in a small branch as well as globally across the bank;
  • Great opportunity to develop your analytical writing skills, as well as becoming involved in the creative process that is essential to a modern KYC support unit;
  • Improve your presentation and communication skills through various engagements (business unit trainings, senior management committees for high risk clients, new joiner program.);
  • Understand the bank’s organization through a central business unit and learn about its obligations towards internal and external stakeholders, whilst playing an active role in implementing its strategies.

Business insight

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating? 
You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 210009SW
Entity: SG CIB
Starting date: 2021/05/15
Publication date: 2021/03/29
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