Head of Compliance

Head of Compliance & Risk Management (SSA) Country: Switzerland

Acting as a second line of defense, the Head of Compliance & Risk Management must endeavor to ensure adherence to regulations and standards, to supervisory requirements and expectations, and to the principles and values of ethical conduct, by setting common standards, discussing issues, and advising and reporting to the management body of SSA SWISS ADVISORS AG (\“SSA\“), in the interests of SSA, the Group, employers customers, shareholders and communities.

Responsibilities

• Compliance Strategy: establish the compliance strategy of SSA to comply with Swiss Law and the Investment Advisor Act and set forth the annual plans for the function, in the following fields:
  • Conduct and customer protection
  • Regulatory compliance
  • Reputational Risk
  • Anti-money laundering and prevention of terrorism financing
• Regularly assess the efficiency of control systems and effectiveness of current policies and processes, recommending effective improvements and implementing required changes.
• Decision-making processes: participate in the main decision-making processes within the compliance and risk function. When appropriate, contribute to other key decision-making processes that may entail compliance risk, stating his/her opinion or expert judgment in processes where decision-making is the responsibility of other functions or bodies, while preserving the independence of the compliance function from the functions that it controls and oversees.
• Committee Governance and Communication: direct the compliance committee to ensure sufficient oversight, reporting and escalation, participate in other committees if necessary and attend top-level committee when appropriate.
• Ensure that risk exposures and business activities are consistent with SSA\’s risk appetite, risk tolerance and risk policies, and with regulatory requirements before FINMA and SEC.
• Management advice: advise the management body on laws, regulations and standards in general that SSA must comply with.
• Regulatory affairs: manage relationships with supervisors and ensure compliance-related requests for information are accommodated appropriately. Maintain an updated awareness of regulatory topics and industry trends relating to compliance.
• Alert: alert the top management of SSA to any situation, which in his/her view is cause for concern from a compliance risk standpoint.
• Ensure the remediation of Audit recommendations.

Profile

• Residence in Switzerland
• Bachelor\’s or master\’s degree in law, business or economics
• At least 5 years of experience in the Banking industry
• Proficient in Excel, Word and PowerPoint (presentations)
• Languages: French, English and Spanish as a plus
• Previous experience in the same function and thorough understanding of compliance risk management concepts and processes, including AML, OFAC, enhanced due diligence, risk-based approaches, client on- boarding, and regulatory compliance
• Extensive understanding of financial services regulatory compliance laws and regulations
• In depth experience and knowledge of Swiss and US regulations
• Excellent oral and written communication skills to influence peers and business units and interact effectively with senior management, auditors and regulators
• Capability to sponsor, direct and deliver improvements and corrective action programs
• Excellent multi-tasking and organizational skills to manage outstanding issues until resolution. Strong follow-up skill
• Advanced skills related to the preparation and submission of regulatory and compliance reports
• Team spirit and flexibility
• Eagerness to engage in new projects and integrate a multicultural environment

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