Compliance & AML Officer - Madrid, Comunidad de Madrid, Spain

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. ¿Es usted el solicitante adecuado para esta oportunidad? Descúbralo leyendo el resumen del puesto a continuación. 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. 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 authorities. 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. 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. Act as the key advisor to local Staff on the application of regulatory requirements aimed at ensuring investor protection and impeccable conduct, cooperating with the Front Office in a timely manner 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. Keep regularly updated on local and European regulatory developments as well as on the respective regulator's and industry practices to better assess potential compliance risks and needs, and adequately advise senior management. Work closely with the Luxembourg headquarters and, if relevant, actively participate in initiatives to embed your expertise and ensure local regulatory requirements are taken into consideration. Ensure adherence to and strong monitoring of all compliance related regulatory requirements and developments applicable to the local Branch, and including regulations in the EU. Ensure timely, complete and accurate reporting of significant control and compliance issues to top management, as well as to the relevant local regulatory authorities. Provide the necessary support to Audit and Risk control functions, ensuring effective and timely implementation of audit issues, keeping orderly audit trail. Promote the highest ethical standards required of staff and ensure staff meet the requirements of the Compliance Manual and the relevant regulatory rules. Minimum qualifications: Minimum of 4 years of relevant compliance experience on AML/CFT/MiFID2 compliance activities with a thorough understanding of the EU and local regulatory environment and regulator's expectations. Strong skills in the financial services industry, with a good understanding of Private Banking business. Good knowledge and experience using AML/CFT screening tools and of the Microsoft office package. Bachelor's degree (or equivalent) required or evidence of comparable academic / work achievement. Fluent in English. Another European language like French would be an advantage. Excellence drives us to be the best at what we do, while Innovation fuels our progress. 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. #J-18808-Ljbffr