FAQs
What is the primary responsibility of the Team Head Compliance and Money Laundering Reporting Officer?
The primary responsibility is to act as a center of competence within the entity for Compliance and Anti/Money Laundering aspects, supporting and advising senior management and front employees on regulatory issues while independently monitoring the business.
Who does this role report to?
This role reports directly to the Chief Risk Officer of Bank Julius Baer Europe S.A. (BJBE) and collaborates with the Chief Compliance Officer of Bank Julius Baer Europe S.A., with a local reporting line to the Legal Entity Responsible.
What are the key compliance areas that the role will oversee?
The key compliance areas include banking and securities laws, regulations related to Securities Compliance, AML/CFT, Anti-Fraud, and Sanctions.
What qualifications are required for this position?
Candidates should be experienced Chief Compliance Officers or Deputy Chief Compliance Officers with strong experience in EU and Italian regulations, and possess qualifications as compliance specialists, auditors, risk managers, or similar.
Is knowledge of other languages beneficial for this role?
Yes, proficiency in English and Italian is required, and any further language is considered an asset.
Will the role involve liaising with regulators?
Yes, maintaining a sound and regular relationship with Italian authorities and regulators is a key responsibility of the role.
What type of experience is preferred for candidates applying to this position?
Candidates should have vast experience in the international wealth management industry, specializing in Compliance, Risk Management, or Audit, along with solid experience in dealing with regulators and project management.
What is the expected compliance training responsibility for this role?
The role is responsible for ensuring BJBE staff is trained and aware of significant compliance-related topics and regulations, as well as overseeing mandatory training and annual attestations.
Is working in a team a part of this role?
Yes, the role involves overseeing team activities, defining roles & responsibilities, and ensuring the health and safety of all employees within the area of responsibility.
Are candidates required to provide documentation upon receiving an offer?
Yes, candidates will need to provide a valid criminal record and valid work authorization upon receiving an offer from Bank Julius Baer Europe S.A.