Local Compliance Officer

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. 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. In 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 applicable AML/CFT laws, rules and regulations, including providing training to the local staff and 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 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. ADDITIONAL DUTIES: Act as 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 on suitability, inducements, product governance and distribution). Cooperate with the Front Office in a timely manner to adhere to regulatory and policy requirements while managing compliance risk in line with business objectives. Ensure the identification and adequate management of conflicts of interest relevant to the local branch’s activities and its staff, logging issues in the conflicts register and promptly escalating any risk events to the Chief Compliance Officer. 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 and industry practices to better assess potential compliance risks and advise senior management. Engage in initiatives that embed your expertise and ensure local regulatory requirements are considered. Monitor all compliance‑related regulatory requirements and developments applicable to the local branch, including EU regulations, and provide timely, complete and accurate reporting of significant control and compliance issues to top management and relevant authorities. Provide necessary support to Audit and Risk Control functions, ensuring effective and timely implementation of audit issues and maintaining an orderly audit trail. Promote the highest ethical standards required of staff and ensure they meet the requirements of the Compliance Manual and relevant regulatory rules. YOUR PROFILE: 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 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. Strong interpersonal, communication and presentation skills. Analytical and organized mindset, results‑oriented and problem‑solving skills. Possess excellent attention to detail. Bachelor’s degree (or equivalent) required or evidence of comparable academic/work achievement. Fluent in English; another European language such as French would be an advantage. Our Maison’s DNA is defined by five core values. Excellence drives us to be the best at what we do, 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. #J-18808-Ljbffr