AML & Transaction Monitoring Specialist - Zurich

UBP - Union Bancaire Privée; Zürich; On-site; CHF 120,000 - 180,000; Full time

Job summary

UBP - Union Bancaire Privée in Zurich seeks a Compliance professional to join the Transaction Monitoring Team. You will identify and assess high‑risk AML activities, ensure regulatory adherence, and support front office with risk-based guidance.

Collaboration across stakeholders is essential to promote a compliant business culture. You will conduct second-level reviews of alerts, investigate patterns, and prepare memos for committees while supporting QA, Audit, FINMA requests and strategic

Qualifications

• Degree in Law, Economics, Finance, Business Administration or a related field.
• Minimum 5 years’ experience in a similar banking role (Compliance, KYC, AML).
• Minimum 5 years’ experience in transaction monitoring.
• In-depth knowledge of banking processes, operations, products and systems, OFAC, AML and sanctions.
• Fluent in English; additional languages are assets.

Responsibilities

• Perform second-level reviews of high-risk transaction monitoring alerts to identify suspicious activities and potential financial crime risks.
• Assess completeness, accuracy and plausibility of RM explanations, supporting information, and documentation related to AML alerts.
• Conduct additional investigations into suspicious payments and transaction patterns.
• Manage the team mailbox and respond to internal requests.
• Review transaction requests and oversee the daily operations of blocked accounts.
• Conduct periodic reviews of account blockages and assess their rationale and necessity.
• Prepare responses to SWIFT enquiries from correspondent banks.
• Provide practical guidance and training to Relationship Managers, promoting risk awareness across the bank.
• Collaborate with stakeholders across Front Office, Compliance, Business Risk, Legal, Risk, Credit, and Operations to ensure a coordinated approach.
• Prepare internal memoranda and present cases to the relevant committee when required.
• Support Quality Control, Audit, and FINMA-related requests.
• Contribute to the continuous improvement of transactions monitoring processes and support Compliance projects and strategic initiatives.

Skills

Analytical skills

Communication skills

English fluency

Independent work

Prioritization

Pragmatic approach

Education

Degree in Law, Economics, Finance, Business Administration or related field

Job description

UBP - Union Bancaire Privée in Zurich seeks a Compliance professional to join the Transaction Monitoring Team. You will identify and assess high‑risk AML activities, ensure regulatory adherence, and support front office with risk-based guidance.

Collaboration across stakeholders is essential to promote a compliant business culture. You will conduct second-level reviews of alerts, investigate patterns, and prepare memos for committees while supporting QA, Audit, FINMA requests and strategic