Tasks
Compliance officer
Act as the designated Compliance Officer operates independently and has the following responsibilities.
Regulatory mapping and monitoring on a permanent basis and assessing, on a regular basis, the adequacy and effectiveness of the measures, policies and procedures and the actions taken to address any deficiencies in ICBC's compliance with its obligation;
Coordinate regulatory inspections and audits;
Conducting a Compliance Risk Assessment on the basis of which it shall establish a risk-based monitoring programme ;
Establishing and/or supervise appropriate Compliance checks and internal controls on the areas which may result in Compliance Risks;
Evaluating and monitoring the overall situation concerning conflicts of interests and handling of conflicts of interests;
Implementing of a whistle blowing and a complaints procedure and adequate processes and Internal Controls;
Liaising and cooperate with relevant external bodies and regulators on Compliance matters – particularly, with FMA, the OeNB, the FIU as well as the judicial and prosecuting authorities, among others;
Reporting to the Management Board and the Supervisory Board on a quarterly basis, on the implementation and effectiveness of the overall control environment for investment services and activities, on the risks that have been identified and on the complaints-handling reporting as well as remedies undertaken or to be undertaken as well as ad-hoc if required;
AML / CFT Oversight
Act as the designated AML Officer is in charge of all kinds of AML/CTF management, including respective due diligence obligations, and makes sure all the controls and systems are implemented and acts in accordance with applicable Austrian and EU regulations, ICBC HO guidelines and national supervisory requirements. The main tasks are:
Oversee the institution’s AML framework, including: Customer Due Diligence (CDD/EDD), Ongoing monitoring, Suspicious Activity Reporting (SAR/STR). etc;
Liaise with local regulators;
Conduct ML/TF risk assessments annually;
Independent review and approval or refusal of newly established business relationships which have been classified as increased risk or for which a request has been made by the account manager;
Regular and ad hoc reporting to the management board in written and in oral form as well as to ICBC Ltd;
Analyzing and handling of reports as Whistle blowing Officer and and as Anti Fraud, Bribery and Corruption Officer and leading internal and external investigations;
Development, organization or on-demand or ongoing training.
Sanctions Compliance Oversight
Act as the designated Sanctions Officer is responsible for advising the Management Board of strategies and measures deemed appropriate and adequate for prevention of breaches or circumvention of sanctions regulations and financing of proliferation and the proper and efficient implementation of the associated legal and regulatory provisions. This includes inter alia the monitoring of the legal and market developments as well as the drafting and updating of associated internal policies and procedures.
The Sanctions Officer is in charge of all kinds of management sanctions topics, including respective due diligence obligations, and makes sure all the controls and systems are implemented and acts in accordance with applicable regulations, guidelines and national supervisory requirements. The main tasks are:
Monitor EU, OFAC, Austria, and UN sanctions regimes;
Liaise with local regulators;
Preparation of the sanction risk assessment for ICBC under consideration of the report of the European Commission and the national risk assessment;
Develop and maintain sanctions compliance framework and system. Ensure screening of: Customers, UBOs,Transactions and Vessels and trade routes (if applicable);
Escalate sanctions breaches to senior management and regulators where required.
Requirements
Education
University degree in Law, Finance, Economics, or related field.
Professional certifications preferred: CAMS,GCSS
Experience
Minimum 8–10 years in banking compliance.
At least 5 years in AML/Financial Crime Compliance.
Experience acting as Head or Deputy head preferred.
Experience with EU regulatory environment required.
Trade finance or cross-border banking exposure is a plus.
Strong knowledge of: AML/CFT regulations, EU Sanctions regimes, Risk-based approach implementation
Details about this job
Full Time (Permanent employment)
- Monday to Friday
- 38,5 hours
Place of work
- Wien
Must-have skills
- AML regulations
- CFT regulations
- EU Sanctions regimes
- Risk-based approach implementation
Nice-to-have skills
- Trade finance
- cross-border banking
Must-have education
- University degree in Law, Finance, Economics, or related field
Nice-to-have education
- CAMS
- GCSS
Details about this job
Full Time (Permanent employment)
- Monday to Friday
- 38,5 hours
Place of work
- Wien
Must-have skills
- AML regulations
- CFT regulations
- EU Sanctions regimes
- Risk-based approach implementation
Nice-to-have skills
- Trade finance
- cross-border banking
Must-have education
- University degree in Law, Finance, Economics, or related field
Nice-to-have education
- CAMS
- GCSS
Salary
At least EUR 86303 (Negotiable depending on candidate qualification)
