WM Business Risk Manager (Russian Speaking)

The company seeks a Senior Business Risk Manager fluent in Russian for its Wealth Management division in Geneva. The role focuses on client onboarding, AML/KYC controls, and regulatory compliance across Eastern European markets.

Within the Wealth Management division, the Business Risk Management team serves as the primary internal reference for Anti-Money Laundering, Customer Due Diligence, Risk Appetite, and Know Your Customer/Transaction protocols. This position acts as the key liaison between the Front Office and compliance functions, ensuring that client relationships align with the bank's standards while collaborating with senior risk managers, market heads, and relationship managers.

Responsibilities

• Oversee the complete onboarding process for clients classified as normal or medium risk.
• Conduct formal reviews of all client onboarding files to verify documentation meets local and international regulations, including CDB, CRS, and FATCA, alongside internal bank procedures.
• Evaluate onboarding files for AML, KYC, KYT, and adverse news screening before submission to compliance for higher-risk cases or prior to onboarding for lower-risk cases.
• Verify that all supporting documents and evidence are accurate, complete, and consistent with the bank's qualitative risk appetite.
• Monitor and adhere to service level agreements regarding onboarding timelines.
• Review, document, and promptly resolve transactional alerts for normal and medium-risk accounts that have been clarified by the front office.
• Initiate updates to client files based on changes in transactional activity or circumstances to maintain up-to-date KYC/KYT records.
• Report any deviations from bank standards to line management and control functions as per established policies.
• Serve as a point of contact for specific initiatives within WM Markets upon request from management.
• Implement continuous improvements based on feedback from Compliance Quality Control.
• Perform both digital and manual data entry related to account openings in the bank's systems.
• Work closely with other Business Risk Managers and Senior Business Risk Managers across markets to manage workloads, meet deadlines, and utilize specialized market knowledge.

Requirements

• A university degree (Bachelor's) or an equivalent qualification.
• Background in Private Banking, Central File, or Wealth Management Compliance, with a solid grasp of CDB, AML, tax regulations, and sanctions.
• Experience dealing with Eastern Europe markets and financial sanctions regulations.
• At least five years of professional experience.
• Excellent interpersonal and communication abilities, with the flexibility to engage effectively with various seniority levels.
• Proficiency in the bank's internal systems and the MS Office suite.
• Fluency in French and English, along with work-level proficiency in Russian.
• Mandatory Swiss residence status.

Nice to have

• Familiarity with Power-BI is considered advantageous.
• Additional language skills are viewed as a positive asset.

About the company

The organization emphasizes core competencies rooted in its values: Dedication, Conviction, Agility, and Responsibility. Adherence to regulations and internal directives is considered a fundamental competency across the company.

• The company culture is built on Dedication, Conviction, Agility, and Responsibility.
• Strict compliance with regulations and internal directives is a core competency.