Compliance Officer

at  Pictet

YOUR TEAM

The Pictet Group is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700 people.
Corporate Functions includes the Group’s non-banking activities and employs more than 600 people. These functions are carried out by specialists with expertise across all business units, and include Communications, Compliance, Finance, Human Resources, Information Security, Internal Audit, Legal, Organisation & Digital, Risk and Tax departments.

NOTE

We will not accept any CVs from agencies.
In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.

The objective of the function of Compliance Officer is to proactively contribute to the monitoring of the Bank’s Compliance risk, as well as in the management of the relevant framework.

Primary focus:

• Participate in the client onboarding process for PEP (Politically Exposed Persons) and High-Risk clients, conducting ex-ante reviews of files before presenting them to the relevant bodies;
• Conduct regular reviews of client files based on AML (Anti-Money Laundering) risk, following a frequency determined by the level of risk.

Other tasks:

• Assist colleagues in conducting thematic reviews, including process and regulatory practice reviews, accompanied by control testing, which includes assessing control activities within the first-line defence control unit ("L1 Segregated");
• Contribute to the regular update of the compliance risk register and contribute to the evolution of the monitoring program;
• Participate in the establishment and provision of Key Risk Indicators (KRIs) as part of the compliance risk reporting system for the bank’s management and the Group;
• Support the management of the Compliance function and contribute to the development of organizational measures, including managing or participating in projects for the implementation of new activities or control mechanisms, and organizing, monitoring, and updating internal procedures within the department.