A 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.
YOUR MISSION :
- Performance and follow-up of dedicated sanctions compliance investigations, reviews and risk assessments;
- Evaluation of investments securities, funds or other, presenting direct or indirect links with countries under sanction;
- Advising the business on onboarding acceptance for prospective clients, establishment of the conditions and restrictions to be applied and related procedures. Analysis to be provided to COR Team/ CLM team for new onboarding cases with a sanctions exposure – inclusion of Sanctions assessment in the Due Dilligence Committee’s submissions;
- Assess the implementation of blocking and restrictive controls on client accounts, assets, and transactions as well as on securities and any further risk mitigation measure;
- Daily and ongoing advice and support the Bank’s management and staff with respect to sanctions compliance;
- Assisting in the requests and reporting from /of sanctions regulatory competent authorities (OFAC, OFSI, SECO) on sanctions issues;
- Support in the handling of sanction questionnaires received by our counterparties;
- Identify possible new countries/parties/securities under sanctions based on a dedicated regulatory watch;
- Maintain the Sanctions Directive and the related Group Guidelines and the communication of any changes thereto;
- Assisting in the development and provision of sanctions compliance training, awareness raising and other communications, as appropriate;
- Tracking of highly sensitive accounts in the sanction perimeter, including a risk based analysis and remediation measures implemented;
- Assistance to be provided to our Operations team for situations related to inflows / outflows / internal transactions / securities transactions for accounts subject to a close-monitoring in the sanctions perimeter;
- Participation in the review of escalations of from the ex-ante payment sanctions screening messages filtering (Swift, SIC, SEPA, etc.) and handling and resolution of potential sanctions hits generated.
YOUR PROFILE:
- 3-6 years of experience in the banking sector within a Compliance, Sanctions, Financial Crime, Legal, Audit or similar function;
- A university degree in Law/Economics or comparable studies or equivalent in working experience in the financial industry sector;
- General understanding of Swiss, EU, US, UN and UK sanctions framework;
- Independent working approach, combined with the ability to identify relevant compliance considerations in any given situation;
- Fast learner to be able to work in a dynamic regulatory environment;
- A university degree in Law/Economics or comparable studies or equivalent in working experience in the financial industry sector;
- Reliability and ability to grasp relevant issues quickly, and meticulous attention to detail;
- Team player with good communication skills with a high standard of written and spoken English;
- Resident in Switzerland or willing to relocate to Switzerland.
Our Maison’s DNA is defined by five core values. Excellence drives us to be the best at what we do, while Innovation fuels our progress. Respect underpins every interaction, and Integrity shapes our actions. Together, we are One Team, united in serving our clients with unwavering dedication.
As a responsible and supportive employer, we promote a diverse and inclusive work environment for our employees and candidates. Diversity, Equity and Inclusion are woven into the fabric of our Maison’s DNA, and we strive to ensure that our employees can fulfill both their personal and professional aspirations by encouraging internal mobility and individual upskilling programs. We firmly believe that building Diverse Teams contributes to our successes and to deliver on this, we actively embed Diversity, Equity and Inclusion in our business strategy.
It is an exciting time to join our Teams. All applications will be handled in the strictest confidence.