For our client, an innovative, growing company active in the field of asset management with a business location in Zürich, we are seeking immediately or by arrangement an experienced “Head of Compliance (100%)”. The job description reads as follows (with minor adjustments from us):
Responsibilities:
Operating within the COO area, assume overall responsibility for the client’s compliance function, incl. acting as approved and registered compliance officer with FINMA, and fostering a culture of compliance and ethical behavior
Providing guidance, support and mentorship in executing compliance initiatives efficiently
Provide guidance and support to business units and key stakeholders on any compliance related matters
Periodic and ad hoc compliance reporting to the management and the board of directors
Co-operate with compliance functions of affiliates abroad within a matrix set-up
Execution of the compliance program tailored to the client’s business activities, services and products
Monitoring and controls with respect to the adherence to applicable laws, regulatory requirements and internal rules, policies and guidelines
Examination of appropriateness and effectiveness of internal rules, policies and guidelines, assessment of the need for additional directives, develop and/or review of respective internal rules, policies and guidelines
Ensuring the licensing, notification and publication as an asset manager of collective investment schemes according to the Financial Institutions Act (FinIA; in German: FINIG)
Monitor and assess relevant regulatory developments in Switzerland/EU or further target countries of client directly affecting the client’s function as an asset manager of collective investment schemes according to FinIA as well as respective local regulation
Ensure cross border compliance with applicable foreign laws and regulations applicable to services rendered by the client in its target countries
Conduct regular compliance risk assessments
Involvement in annual regulatory audit
Act as point of contact for regulatory bodies and authorities and handle all compliance related inquiries, incidents and inspections
Responsible for annual compliance trainings
Requirements:
Master degree in Business, Finance or Law, that should be combined with an additional degree in Compliance
At least eight years’ Swiss work experience in Compliance gained at a regulated asset manager, ideally with a focus on alternative and/or illiquid investments. Proven know-how of Swiss/EU financial markets regulation and respective compliance standards as well as relevant investment structures and applicable laws and regulations. Proven track record of developing and implementing compliance programs
Experience with investment foundations and knowledge of the respective regulatory requirements is considered a plus as is knowledge of the financial markets’ regulation in APAC and the Middle East
Native German and fluent English (at least level C1) are a must, additional languages are a plus
Excellent analytical, problem-solving, and decision-making abilities
Detail-oriented with a high level of integrity, loyalty and ethical standards
Outstanding communication and interpersonal abilities, with the capacity to interact effectively with stakeholders at all levels of the organization and build strong relationships with key stakeholders
Ability to work independently and collaboratively in a fast-paced, dynamic environment
Pro-active and hands-on approach, eagerness to constantly learn and face new challenges
EU/EFTA citizenship and residence within a commutable radius of Zurich
Place of work: Zurich (with possibility of flexible working)
