This is a role for an experienced AML and sanctions subject matter expert, with strong Swiss and European framework knowledge.

About the job:

• Lead and manage the AML function, overseeing all aspects of AML compliance within the private bank
• Develop and implement AML policies, procedures, and controls to mitigate money laundering and terrorist financing risks
• Stay updated on global and local AML regulations, ensuring the bank's compliance with Swiss and international standards
• Conduct regular risk assessments and reviews to identify any potential AML vulnerabilities and implement necessary measures to mitigate them
• Monitor and investigate suspicious transactions, working closely with the internal investigation team and external authorities, if required
• Provide guidance and training to employees on AML-related matters, promoting a strong culture of compliance
• Collaborate with cross-functional teams, including Legal, Risk, and Compliance, to ensure alignment and effective implementation of AML measures
• Act as the primary point of contact for regulatory bodies and handle all AML-related inquiries and inspections
• Prepare and submit AML reports to senior management, the board of directors, and regulatory authorities
• Stay informed about emerging AML trends and industry best practices, implementing necessary enhancements to the bank's AML program
• Manage and develop a team of AML professionals, fostering their growth and ensuring their adherence to professional and ethical standards

About the candidate:

• Minimum of 10 years of experience in an AML function within the private banking sector
• In-depth knowledge of global and Swiss AML regulations and best practices
• Strong understanding of wealth management and private banking products and services
• Experience working with high-net-worth individuals and complex client structures
• Excellent leadership and management skills, with the ability to motivate and develop a team
• Strong analytical and problem-solving abilities, with keen attention to detail
• Excellent communication and interpersonal skills, with the ability to build effective relationships with stakeholders
• Fluent in German, with any other language skills being a plus
• Proactive and self-motivated, with the ability to work independently and meet deadlines
• High level of integrity and ethical standards