Compliance Sales & Suitability Sr Analyst

Job Description Summary

As a second line of defense, the Sales and Suitability Sr Analyst is responsible for the adherence to local and international regulations and standards related to conduct, as well as supervisory requirements and group expectations. The candidate shall manage the Bank’s relevant conduct related risks through the appropriate control and oversight activities. The candidate is expected to (1) have a good knowledge of the private banking services and products, and (2) support the automation and optimization of the control framework.

Duties And Responsibilities

• Adequacy of products/services to the customers
• Perform the controls and testing related to the commercialisation activities.
• Client Classification: review of Client Risk Profiling tests and ensure correct input in the systems.
• Suitability reviews prior to the execution of product transactions (internal trades, structured products, funds) to document appropriateness and mitigate conflict of interest.
• Ex post controls on client’s accounts in terms of suitability process.
• Tracking and resolution of exceptions with commercial area, trading desk in order to keep exceptions as reduced as possible.
• Produce reporting metrics for the relevant Forums/Committees.

• Prevention of Market Abuse and Employees transactions
• Control and monitoring of internal and external employees trading accounts.
• Controls and reporting on Restricted list.
• Controls and reporting on Relevant persons.
• Controls and reporting on client’s trading activity.

• Projects support
• Develop a good understanding of the controls in order to automate or optimise the SSU control framework.
• Support the implementation of MarCo Corporate Tool.
• Support the creation of the testing framework.
• Work on the implementation of regulatory requirements/guidelines (e.g. ESG, rules in Investment Navigators).
• Relationship with local Supervisors, External and Internal auditors
• Support with the organization and the answering of the requests/recommendations related to internal and external audit.
• SSU policies and procedures
• Contribute to the review and maintenance of the existing policies and procedures.
• Support the local implementation of relevant corporate policies.

• Products and services governance
• Organization of the approval process for the products and services and escalation to the diverse committee, drafting of the minutes.
• Follow-up on the conditions set locally and at the Corporation level.
• Implementation, reporting and analysis of Product Governance metrics.

• Training for the sales force
• Assist in identifying the necessities of training for the sales force.
• Review, create and organize the material for the training.
• Participate if necessary, to the presentation and training.

Profile:

Formal and academic education:

• Bachelor degree in business/economics or related experience.

Experience and skills:

• At least 7- 10 years of experience in the Banking industry: good knowledge of financial products and services, as well as the related investment/operational process.
• Analytical skills to identify risks and issues for the Bank.
• Experienced in project management and optimization (automation project is a plus).
• Strong follow-up skills to manage outstanding issues until resolution.
• Collaboration and great teamwork.
• Dedicated with strong multi-tasking skills.
• Good communication skills (verbal and written).
• Understanding of Swiss and EU regulations/regulatory guidelines is a plus (FinSA, CISA, SBA guidelines, MiFID II).
• Proficient in Excel, Word, Powerpoint. Bloomberg experience appreciated.
• Languages: English and either Spanish or French.