AML Monitoring Compliance Officer

Our Company

EFG International is a global private banking group, offering private banking and asset management services. We serve clients in over 40 locations worldwide. EFG International offers a stimulating and dynamic work environment and strives to be an employer of choice.

EFG is committed to providing an equitable and inclusive working environment that is founded on the principle of mutual respect. Joining our team means experiencing a supportive environment, where your contributions are valued and recognised. We strongly believe that the diversity of our teams gives us a competitive advantage by fostering better decision‑making and greater innovation.

Empowering entrepreneurial minds to create value – today and for the future.

We are a private bank, offering personalised solutions on a global scale to private and institutional clients. Our sustainable success is based on our talents and on how we partner with our clients and communities to create lasting value.

For our Geneva, Lugano or Zürich office, we are looking for a resource as Compliance Officer to join our AML Transaction Monitoring department, which plays a crucial role in helping the Bank to detect, prevent, and report suspicious activities that may indicate money laundering, terrorist financing, or other financial crimes. At EFG, the monitoring is performed with the support of the software SAS.

We offer a permanent position to strengthen our team of 14 specialists spread over the 3 locations in Switzerland.

• Main duties are related to Transaction Monitoring
• Analyse high risk transactions;
• Identify suspicious behaviour;
• Manage alerts generated by the Transaction Monitoring System in due time;
• Follow the Transaction Monitoring alert escalation process;
• Duly register output of analysis and / or alert escalation process on systems and tools;
• Conduct in-depth analysis of transactional patterns;
• Escalate to Head of AML Monitoring highly sensitive and / or urgent cases;
• Prepare analysis’ reports;
• Support the escalation of potentially suspicious matches to the Financial Intelligence Unit (FIU);
• Present cases;
• Maintain systems and tools up to date;
• Collaborate with other Compliance Units (including Group Compliance) and with FLoD (First Line of Defense) team;
• Prepare and provide trainings and workshops on Transaction Monitoring;
• Prepare and ensure proper hand‑over to back‑up;
• Analysis and approval of transactions on accounts blocked for AML reasons (overrides);
• Management of Requests from Third Parties :
• Analysis and approval of Cash invest requests from FLoD;
• Manage requests from Correspondent banks – liaise with FLoD, collect and control information, provide answer in due time;
• Manage requests from the Public Prosecutor, MROS and other authorities - collect and control information, prepare files, provide answer in due time.
• AML Questionnaires :
• Manage requests of AML / KYC Questionnaires from EFG Bank AG’s counter parties in due time;
• Coordinate with other departments to collect necessary information and approvals;
• Analyse and verify accuracy and expiry date of documentation to be provided;
• Take action in case documentation is expired and / or inaccurate;
• Manage AML Letters and Comfort letters by preparing the wording and collecting approval and signatures;
• Adapt answers following counter parties’ jurisdiction;
• Liaising with counter parties’ touchpoints to find new solutions for requests;
• Ensure the functionality of the webpage for counter parties;
• Review questionnaires and documentation received from Financial Institutions;
• Maintain list of activities up to date for internal organization
• Support hand‑over to back‑up

Upon request and after training, can be back‑up for Name Screening activities

• 2-3 years of experience in Financial Crime Compliance, longer experience is a plus;
• Fluent in English both written and spoken, German, French and / or Italian are a plus;
• CAS in Compliance and / or other specialized certificates are a plus;
• Knowledge of SAS Anti‑Money Laundering software is a plus;
• Sound knowledge of the Swiss Anti‑Money Laundering regulatory framework;
• Strong analytical and interpersonal skills;
• Capability to question with sound judgement and discretion;
• Ability to work independently and with the team towards common goals;
• Flexibility and resourcefulness;
• Fast learner;
• Able to take action and decisions

• Accountability :
  Taking ownership for tasks and challenges as well as seeking continuous improvement
• Hands‑on :
  Being proactive to rapidly deliver high‑quality results
• Passionate :
  Being committed and striving for excellence
• Solution‑driven :
  Focusing on client outcomes and treating clients fairly with a risk‑aware mindset
• Partnership‑oriented :
  Promoting collaboration and teamwork. Working together with an entrepreneurial spirit.