Transaction Monitoring Compliance Officer

Mirabaud Group; Genf; On-site; CHF 90,000 - 150,000; Full time

Job summary

Mirabaud Group is seeking an experienced AML Transaction Monitoring professional in Geneva. The role focuses on reviewing alerts, analyzing client activity, and ensuring adherence to Swiss AML/CFT regulations within a private banking context.

You will collaborate with Relationship Managers and Compliance teams, contributing to risk-based decisions and continuous process improvements. Fluency in French and English is required.

Qualifications

• University degree in Swiss Law, Economics, Finance, Business Administration or another relevant field.
• Approximately 3–10 years of relevant professional experience, preferably in Compliance, Financial Crime Compliance, AML or Transaction Monitoring.
• Previous experience in a Swiss bank, particularly within Private Banking or Wealth Management, is strongly preferred.
• Good understanding of the Swiss AML/CFT regulatory framework and related banking requirements.

Responsibilities

• Review and analyse AML transaction monitoring alerts with focus on higher-risk and unusual transactions.
• Conduct in-depth analysis of transactional patterns and client activity to identify AML/CFT risks.
• Assess transactions against the client’s KYC profile, source of wealth/funds and overall purpose of the banking relationship.
• Analyse complex financial flows involving multiple accounts, entities, jurisdictions and counterparties.
• Perform second-line review and challenge of clarifications and supporting documentation by First Line of Defense.
• Prepare clear, concise, well-supported written assessments documenting analysis, risks and conclusions.

Skills

Analytical mindset

Investigative skills

Attention to detail

Judgement & escalation

Written communication

Time management

Education

University degree (Swiss Law / Economics / Finance)

CAS in Compliance (advantage)

Tools

Transaction monitoring systems

Banking applications

Job description

Company Description

Joining Mirabaud, means entering an entrepreneurial and innovative environment. With the 7th generation of the Mirabaud family working within the bank, the culture is that of a family business. With over 700 employees based in 8 countries worldwide, Mirabaud offers opportunities to develop one’s career across an international network of 13 offices.

Job Description

Transaction Monitoring & Analysis

• Review and analyse AML transaction monitoring alerts, with particular focus on higher-risk and unusual transactions;
• Conduct in-depth analysis of transactional patterns and client account activity in order to identify potential AML/CFT risks, inconsistencies or unusual behaviour;
• Assess transactions against the client’s KYC profile, expected account activity, source of wealth/source of funds and overall purpose of the banking relationship;
• Analyse complex financial flows involving multiple accounts, entities, jurisdictions and counterparties;
• Perform second-line review and challenge of clarifications and supporting documentation obtained by the First Line of Defense;
• Conduct additional research and analysis where necessary to reach a documented and risk-based conclusion.

Escalation & Investigations

• Identify transactions or patterns requiring further investigation and elevate potentially suspicious cases to the AML Investigations team in accordance with internal procedures;
• Escalate material, sensitive or urgent AML matters to management where appropriate;
• Prepare clear, concise and well-supported written assessments documenting the analysis performed, identified risks and conclusions reached.

Risk Management & Regulatory Compliance

• Ensure that transaction monitoring alerts and related reviews are handled within applicable regulatory and internal deadlines;
• Apply the Bank’s AML/CFT policies, procedures and risk appetite consistently;
• Maintain a sound understanding of the Swiss AML regulatory framework, including AMLA, AMLO, OBA-FINMA and other relevant FINMA requirements;
• Identify emerging transactional risks, typologies and recurring patterns and contribute to improvements in monitoring processes and controls.

Stakeholder Management

• Interact regularly with Relationship Managers and First Line of Defense teams to obtain necessary information and challenge explanations where appropriate;
• Collaborate with other Compliance functions, including Investigations (AML/Sanctions) and other Financial Crime Compliance teams;
• Liaise with other relevant internal stakeholders, including Legal, Tax and Operations, on complex cases;
• Provide practical AML guidance to Front Office and other stakeholders while maintaining an independent second-line risk assessment.

Continuous Improvement

• Contribute to the enhancement of transaction monitoring processes, procedures and controls;
• Participate in testing, remediation exercises, audits and regulatory reviews related to transaction monitoring activities;
• Support the implementation and optimisation of transaction monitoring tools and scenarios;
• Contribute to knowledge sharing within the team and, depending on seniority, provide guidance and support to less experienced colleagues.

Qualifications

Your assets to succeed

• University degree in Swiss Law, Economics, Finance, Business Administration or another relevant field;
• Approximately 3-10 years of relevant professional experience, preferably within Compliance, Financial Crime Compliance, AML or Transaction Monitoring;
• Previous experience in a Swiss bank, particularly within Private Banking or Wealth Management, is strongly preferred;
• Good understanding of the Swiss AML/CFT regulatory framework and related banking requirements;
• Professional qualifications such as a CAS in Compliance or equivalent certification are an advantage.

Skills & Competencies

• Strong analytical and investigative mindset, with the ability to understand and reconstruct complex financial flows;
• High attention to detail combined with the ability to identify the key risk issues and maintain an overall view of a case;
• Sound judgement and ability to formulate clear, risk-based conclusions and escalation decisions;
• Intellectual curiosity and willingness to challenge information and explanations where necessary.
• Strong written communication skills, with the ability to produce clear, concise and well-structured AML assessments;
• Ability to prioritise workload and manage multiple cases while meeting strict deadlines;
• Comfortable working independently and taking ownership of assigned cases;
• Proactive, pragmatic and solution-oriented approach;
• Strong interpersonal skills and ability to interact effectively with Front Office, Compliance colleagues and senior stakeholders;
• Team-oriented mindset and willingness to contribute to collective objectives;
• Comfortable working with transaction monitoring systems, banking applications and new IT tools.
• Fluent French and English, both written and spoken. Additional languages are an asset.

Additional Information

Step into the action!

• Family-friendly and dynamic environment;
• Direct impact on the business, no matter your position or seniority;
• Work in an environment that encourages autonomy and entrepreneurship;
• Flexible working arrangements to help you achieve a better work-life balance;
• Variety of cultural and sporting activities during your free time;
• Inclusion and equal treatment;
• Various employee benefits & family friendly benefits.