Local Compliance Officer

Local Compliance Officer (7-month contract) page is loaded## Local Compliance Officer (7-month contract) locations:
Madrid time type:
Full time posted on:
Posted 3 Days Agojob requisition :
R0006675A career at
** Lombard Odier
** means working for a renowned global wealth and asset manager, with a strong focus on sustainable investing. An innovative bank of choice for private and institutional clients, our independently owned Firm is one of the best-capitalised banking groups in the world, managing close to CHF 300 billion and operating from over 25 offices across 4 continents.

With a history spanning over 225 years,
** Lombard Odier
** is an investment house providing a comprehensive offering of discretionary and advisory portfolio management, wealth services and custody. We also offer asset management services and investment strategies through
** Lombard Odier Investment Managers
** and provide advanced banking technology to other financial institutions.**“Rethink Everything” is our philosophy** – it is at the heart of everything we do. We have grown stronger through more than 40 financial crises by rethinking the world around us to provide a fresh investment perspective for our clients.
** LOCAL COMPLIANCE OFFICER (7-month contract)
** Reporting to the Chief Compliance Officer Europe, you will be responsible for the
** operational effectiveness of the Compliance Function of our local branch
** as regards AML/CFT, Investor Protection and Conduct matters (MiFID2) ensuring adequate functioning of the local compliance function,
** proactive management of compliance risks
** and their timely escalation, as well as complete and accurate
** reporting
* * to the relevant  your role, you will also
** work closely with
** the Compliance Function based at our
** European headquarters*
* ** in Luxembourg
** as well as our
** Group headquarters in*
* ** Switzerland**, participating in Group and/or Luxembourg-led initiatives (regulatory or strategic projects, group-all training initiatives, deployment of tools and best practices), sharing expertise and providing local know-how.
** YOUR ROLE:
** Manage AML/CFT compliance and financial crime risk consistently to ensure that risks and vulnerabilities are identified, controlled and reported in an effective, timely and uniform manner Advise and provide support to the business on the appropriate standards for compliance with the applicable AML/CFT laws, rules, and regulations, including providing training to the local Staff as well as supporting the overall LOESA Compliance organization in the development of the bank’s AML/CFT training program Be responsible for the local Due Diligence Committee (DDC) to accept the onboarding of clients, escalating to the European DDC the clients classified as PEP or High Risk.

Implement and update internal AML/CFT policies and procedures in accordance with local requirements and with LOESA and Lombard Odier Group policies.
* Being the
** key advisor to local Staff
** on the application of regulatory requirements aimed at
** ensuring investor protection and impeccable conduct**(e.g., MiFID2 rules and internal policies and procedures on the provision of investment services such as suitability, inducements, product governance and distribution). To this end, cooperate with the Front Office in a timely manner in order to adhere to both regulatory and policy requirements and manage compliance risk while considering the business objectives.
* Ensure the identification and adequate management of
** conflicts of interest
** relevant to the local Branch’s activities and its Staff, logging any issues in the conflicts’ register and promptly escalating any risk events to the Chief Compliance Officer. Within this context, you will also support the Luxembourg headquarters in evolving and improving the existing conflicts of interest and personal account dealing framework.
* Keep
** regularly updated on*
* ** local and European regulatory developments
** as well as on the respective regulator’s and industry practices so as to better assess potential compliance risks and needs, and adequately advise senior management. In this context, work closely with the…