Compliance Officer Italy 100% (m,f,d)

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.

YOUR CHALLENGE

General/ Compliance Culture

• Ensure the compliance of BJBE with applicable banking and securities laws, regulations and internal guidelines regarding financial regulation, and in particular to insurance-related rules (i.e. IDD). Ensure excellent and evolving knowledge of all regulations, industry best practice and in-house policies and procedures  

Relationship with Regulators and Authorities

• Support the CMLRO and Head of Products & Services Compliance in maintaining a sound and regular relationship with the Italian authorities and other relevant regulators and ensure the respect of the reporting to the local regulators

Compliance Advisory Service

• Provide advice to and liaise with BJBE Management on compliance related matters
• Provide advice on regulatory compliance matters to the business and the senior management
• Draft and review compliance guidance and internal policies/procedures
• Participate in projects addressing new regulatory initiatives and contribute to the enhancement of regulatory processes
• Update BJBE Management in the location on any regulatory changes with relevance to their respective area of responsibility
• Participate in the new business activities process as a regulatory advisor
• Ensure excellent and evolving knowledge of all regulations, industry best practice and in-house policies and procedures

Compliance Programme

• Implement and maintain all relevant global standards as defined in the Global Julius Baer Compliance Program in BJBE under consideration of the relevant local regulations and laws
• Analyse periodically the business activities in the local entity in order to assess the existing compliance risks
• Conduct appropriate controls following the “Three-Lines-of-Defence-Model” and ensure that the number and design of controls is commensurate with the level of risks (risk based approach)
• Provide Management assurance by periodically testing the adherence to compliance rules
• Prepare regular and ad-hoc reports for BJBE Management and Compliance Head Office with regard to the execution of compliance activities and respective outcomes

YOUR PROFILE

• Master´s degree in Economics, Finance or Legal
• At least 3 years of relevant experience in the European financial industry (audit, banking..)
• Good understanding of European financial laws and regulations and in particular of insurance-related rules (i.e. IDD)
• Excellent analytical qualities and problem-solving mind-set to define efficient compliance solutions to regulatory needs
• Excellent verbal and writing skills in English and Italian to prepare clear, concise reports with minimal supervision. Additional languages are considered as an asset.
• Detail oriented and demonstrate a high readiness of mind
• Ability to work under pressure, autonomously and within a team
• Ability to go along with different cultural backgrounds

Personal and social

• Passionate with appetite for driving and implementing change with both a control and a service mind-set
• Ability to deep dive and tackle topics “hands on” when required
• Able to communicate with impact as well as build and maintain sound relationships with stakeholders locally and globally
• Strong negotiator
• Strong ability to define and lead the implementation of pragmatic and effective solutions

Professional and Technical

• Experienced Compliance officer with significant experience in terms of EU regulations and Italian regulation more specifically  
• Significant experience in the international wealth management industry (HNWI, UHNWI)
• Detailed knowledge of investment services regulations with a particular focus on the insurance products
• Experience in dealing with regulators and respective requests
• Project management experience as leader and project member

We are looking forward to receiving your full job application through our online application tool. Further interesting job opportunities can be found on our Career site.

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