Business Oversight Officer

Description

Summary: Seeking a Business Oversight Officer to design, execute, and analyze compliance controls, manage regulatory reporting, support operational procedures, and assist with legal and business development activities. Highlights: 1. Opportunity to manage compliance monitoring and regulatory communication. 2. Support leadership in strategic initiatives and operational improvements. 3. Engage in diverse tasks from KYC updates to project reviews. **Your team** ------------- The Pictet Group is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented in 31 offices in financial centres worldwide, currently employing over 5,000 people. Pictet Wealth Management combines more than 200 years of Swiss banking heritage with global investment expertise. The Partner\-owned financial service group offers a comprehensive service for wealthy individuals and families, including discretionary and advisory investment solutions and family office services. We are seeking to recruit aBusiness Oversight Officerfor our Madrid office.**Your role** ------------- * Design, review, execute and analyse L1S controls within the Compliance Monitoring Programme, including onboarding and client activity controls, and propose remediation initiatives for any deficiencies identified. * Manage reporting and communication with regulatory authorities (SEPBLAC, CNMV, AEPD), including DMO reporting, suspicious activity submissions, statistical reports and responses to local authority inquiries. * Conduct KYC updates, thematic and PEP review campaigns, personal account dealing controls and analysis of escalated transactions. * Support the COO in preparing, reviewing and implementing procedures and directives, resolving operational issues, coordinating with other Operations teams and preparing materials for Executive Committees. * Maintain the Follow\-Up Compliance Report and assist with compliance activities such as periodic L2 controls, training plan coordination and regulatory monitoring. * Provide support for legal topics, including analysis of claims and coordination of specific legal issues. * Participate in user testing, reviews and design of internal tools for the Compliance Monitoring Programme. * Assist the Head of Europe with agenda management and the CEO with monthly business reporting, meetings, strategy analysis and business development activities. * Support the Front Office with project reviews, updates, tool development and internal validation of specific deals (e.g., transfers, credits, guarantees). **Your profile** ---------------- * University degree or business school. * At least 3 years’ experience in a similar position or within project management in the banking industry. * Expert user of common IT applications (Word, Excel, PowerPoint, Power BI, etc.) * Fluent in Spanish and English. * Strong leadership and organisation skills and a keen sense of initiative. * Independent and solutions\-oriented. * Confident in engaging with all levels of management. * Solid knowledge of wealth management \& regulations, Spanish tax matters knowledge would be a plus. * Good understanding of IT and banking operations. * Effective communicator and decision\-maker. Ref: BOO/JM/GS**Note** -------- We will not accept any CVs via agencies**Diversity \& Inclusion** -------------------------- ***Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace.***