Compliance Officer Sanctions & Corporate Due Diligence

• Mission 
  • Support the Group Head of Sanctions & Corporate due diligence in the development and implementation of a strong control framework for corporate & shipping accounts.
  • Participate in projects and initiatives aimed at enhancing the bank's overall sanctions framework.
  • Assist Group Sanctions and Corporate due diligence teams in their daily tasks (due diligence on new and existing clients, ad-hoc reviews and monitoring of specific transactions).
     
• Main responsibilities 
  • Participate actively to Bank’s projects related to the global sanctions’ framework.
  • Perform in-depth reviews of commercial accounts from an AML, Tax and Sanction perspective.
  • Ensure compliance with international sanctions programs at UBP Group level by preparing work instructions/ guidance, ensuring and developing suitable tools and processes.
  • Perform periodic assessments of specific Group clients, products and/or services to identify any sanctions risks and take corrective actions if appropriate. 
  • Ensure the Sanction’s watch including mainly SECO, EU and OFAC regimes for UBP Group.
  • Assess the impacts of new sanctions regimes across UBP Group and coordinate with other departments/ stakeholders as required.
  • Assist and advice transaction monitoring teams for any question related to sanctions and commercial accounts.
  • Participate to maintenance and configuration projects/initiatives of Group sanctions tools.
  • Investigate and report suspicious transactions to the relevant authorities, ensuring compliance with AML (Anti-Money Laundering) and sanctions regulations.
  • Provide day-to-day advice to colleagues in Compliance, BRMs and Front Office on the internal framework related to commercial accounts.
  • Participation in reviewing the internal regulatory framework governing the monitoring of transactional activities of commercial accounts.
  • Support the Group’s entities in reviewing commercial accounts opened in their books.
     
• Your Profile
  • Master's degree.
  • Professional certifications such as CAMS (Certified Anti-Money Laundering Specialist/Sanctions Specialist) or CAS in Financial Services are preferred.
  • Minimum of 5 years of experience in AML, Sanctions, Tax or compliance within the financial services industry, ideally in universal banks.
  • Strong knowledge of regulatory requirements related to AML & Sanctions, including specificities linked to shipping and trade finance industries.
  • Excellent analytical skills and attention to detail.
  • Strong communication skills, with the ability to articulate complex regulatory issues to various stakeholders.
  • Work independently and as part of a team in a fast-paced environment.

Core Competencies : Adherence to the company’s values: Dedication, Conviction, Agility and Responsibility - Compliance with regulations and internal directives