WM Client periodic review

DescriptionWealth Management (WM) As it plays such a major part in our strategy, we are investing significantly in Wealth Management to fuel our growth, particularly in Europe (onshore), the Middle East, Latin America and Asia. We provide a complete range of private banking products and services, including a variety of investment management and advisory mandates, tailored to our clients' specific requirements, objectives and risk profiles. Among UBP professional partners, over 300 independent asset managers have chosen us as their custodian bank, valuing our personalized, flexible services and our transparent fee structure.MissionThe WM Client Periodic Review team reports to the Head of WM Business Risk & Reporting, facilitating close but independent interactions with WM Front Office and Management.Objectives Ensure adequate AML and KYC, KYT, documentary accuracy (CDB) and adverse news screening risk mitigation on client reviews as well as the completeness of corroboration, according to the Bank’s Qualitative risk appetite, SOW/SOF corroboration standards and KYC standards Raise and escalate any deviation to the adherence to the Bank’s standards to the relevant management, control functions and/or committees Synchronize with Compliance and Client Documentation teams to ensure standards are met Increase risk awareness within the WM Markets by ensuring that RMs and Team-leaders are aware of internal directives, of the regulatory requirement and updated on all new practices with a focus on AML, CDB and Sanction subjects and/or other investor protection or tax documentation Upon management’s request, act as a relay of authority within the WM Markets on certain initiatives Raise and escalate any other identified risks Any other task required by management relating to the mission of the employeeGovernance Regular meetings with appropriate 2nd Line of defense functions to ensure consistency of knowledge and practices Regular meetings with WM Relationship Managers to review the ongoing subjects and propose action plans for long standing review issues Regular reporting on activity and associated risksSpecific Competencies And Other Skills/abilities University degree (Bachelor) in law or a qualification considered equivalent Minimum 3 years of professional experience within the private banking sector, ideally relating to Compliance and Conformity functions Proven ability to work efficiently with Front Office A detailed background and knowledge of Swiss AML and CDB regulatory frameworks and requirements to complete periodic reviews Sensitivity to other regulatory matters such as International Sanctions, Financial Crime, Cross Border matters, Tax and/or Investor protection frameworks a plus Ability to recognize CDB document requirements and inform Relationship Managers of any inconsistencies or needs Fluent in English and French. Any additional language skill would be an added value Quality and timely delivery orientated Synthetic and pragmatic, with a good analytical spirit Ability to efficiently manage priorities and work both independently and within a team Assertive, open-minded and constructive communication (written and verbal) Think in "Problem-Action-Results" terms