Subject Matter Expert - Investment Suitability - Zurich/Basel

You will be part of the Regulatory Solutions team and in this function, you need to understand the impact of current and future regulations on the Bank, especially in the area of investor protection with a focus on client and product suitability in Switzerland and Europe but also other global regions of the bank. You will support the Bank's Suitability team and in this role, you will act as Subject Matter Expert on Suitability and service provider to the front units. You will work closely with various functions and specialists within the Bank (e.g. Legal, Compliance, IT, Operations). This position will involve high business exposure and management visibility, which will give you the chance to have daily contact with different sides of the business, giving you the chance to enlarge your knowledge and be an expert in the area you will cover.

Tasks:

• Responsible for Suitability related tasks including daily management of requests from client relationship managers and monitoring and reporting of issues.
• Support the identification of relevant risks and the introduction and execution of respective controls and procedures. Assist in defining and rolling out appropriate training measures.
• Support the development of the Bank's Suitability framework and identify areas for improvement regarding processes, systems, controls, and reporting.
• Maintain the Bank's system-based rule set for regulatory & business order validations.
• Establish an effective working relationship and ensure on-going close interaction with Bank's front units to raise awareness on Suitability topics.
• Support the roll-out of the Bank's Suitability principles and standards to further entities in Switzerland and international locations.
• Prepare analyses, assessments, reports and presentations for senior management.

Requirements

• University education in business, economics, law or information technology
• At least 3 years relevant experience in a banking or consultancy environment (e.g. in Legal, Compliance, Regulatory, Business Analysis or Projects departments).
• Very good computer skills (Word, Excel, PowerPoint). Avaloq knowledge and/or visual basic scripting skills preferable
• Practical experience in interaction with front units
• Excellent oral and writing skills in English
• Understanding of the legal and regulatory environment and relevant developments in the banking industry with a focus on regulation an advantage.
• Must be Swiss resident

NonStop Finance is a niche Banking & Financial Services consultancy focused on the recruitment of mid to senior level risk, compliance, financial crime, transformation and accounting professionals in the financial centres of Europe. Swiss-headquartered with fully licenced and staffed offices across Europe, we are renowned for professionalism, unrivaled industry knowledge and extensive candidate networks. The service our multinational, multilingual teams provide is underpinned by an in-house Quality Assurance team, something unique in our industry.