Client Due Diligence Expert 100% (f/m/d)

Julius Baer is hiring a Client Due Diligence Expert 100% (f/m/d) in Madrid, Spain. Level rates it ; you can apply on Julius Baer.

Level's read on this job

Little AI ●○○○ is how Level rates this role: aI is not part of the work.
Level lists 189 other open roles at Julius Baer.
The role was posted in the last few days.

AI in this role

At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth. Let’s shape the future of wealth management together.

The AML Compliance Officer is part of the Financial Crime Competence Center (FCCC).
Their mission aims at supporting the Senior Management in ensuring compliance with external and internal regulations by actively managing regulatory risk Financial Crime (FC) team mainly for the performance of Compliance controls in the area of clients onboarding, periodical, ad-hoc reviews and transactions monitoring.

YOUR CHALLENGE

Review and document all aspects of the client relationship and take appropriate compliance actions and adequate risk mitigating and remediation measures
Collaborate with senior stakeholders within Compliance, other lines of Defence parts of the organisation, the other European branches as well as with the group’s international locations
Perform ad-hoc investigations and enhanced due diligence on defined risk categories
Escalate issues identified along the review process, while initiating and monitoring mitigation measures to reduce the bank’s risk exposure
Provide training and training materials in connection with Compliance topics
Stay updated on any regulatory changes with relevance to Financial Crime Compliance
Support Relationship Managers and Leadership in the implementation and supervision of Compliance issues
Perform client onboarding reviews including assessment of KYC, client storyline, flow of funds, CDB (Agreement on the Swiss banks’ code of conduct with regard to the exercise of due diligence), as well event triggered KYC reviews
Follow up on outstanding onboarding issues and escalations
Identify and investigate serious cases of non-compliance
Provide training and training materials in connection with compliance topics

YOUR PROFILE

Demonstrated expertise in the onboarding and ongoing servicing of private banking clients from Latin America and Europe, with thorough understanding of regional regulatory and client-specific requirements
In-depth knowledge of global Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) regulations and standards, including practical application to detect, assess, and mitigate financial crime risks. Familiarity with evolving typologies and emerging money laundering methods
Strong analytical capabilities with the ability to identify complex issues, gather and evaluate relevant data, establish factual insights, and formulate well-reasoned, risk-based conclusions
Ability to navigate intricate and high-pressure situations with composure; skilled at delivering difficult messages or decisions clearly and confidently while maintaining professionalism and integrity
Solution-driven mindset supported by excellent problem-solving skills and a structured, detail-oriented approach to work
Fluency in English and Spanish is required; additional languages will be considered an advantage
High level of discretion, ethical standards, and sound judgement when handling sensitive information and critical matters
Proficient in Microsoft Office suite, with a demonstrated aptitude for leveraging technology to enhance efficiency and analysis
Advanced university degree in Law or Business Administration (or equivalent qualification), complemented by several years of hands-on experience within Legal, Compliance, or Audit functions at a globally active financial institution

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How we rate this

Client Due Diligence Expert 100% (f/m/d) at Julius Baer rates 34 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

●●●● Builds AI80 to 100
●●●○ Works on AI60 to 79
●●○○ Uses AI40 to 59
●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.