Compliance Assurance Manager (80-100%)

A career at Lombard Odier means working for a renowned global wealth and asset manager, with a strong focus on sustainable investing. An innovative bank of choice for private and institutional clients, our independently owned Firm is one of the best-capitalised banking groups in the world, managing close to CHF 300 billion and operating from over 25 offices across 4 continents.
 

With a history spanning over 230 years, Lombard Odier is an investment house providing a comprehensive offering of discretionary and advisory portfolio management, wealth services and custody. We also offer asset management services and investment strategies through Lombard Odier Investment Managers and provide advanced banking technology to other financial institutions.
 

“Rethink Everything” is our philosophy – it is at the heart of everything we do. We have grown stronger through more than 40 financial crises by rethinking the world around us to provide a fresh investment perspective for our clients.

Compliance Assurance Manager (80-100%)

As Compliance Assurance Manager, you'll be reporting to LOESA Chief Compliance Officer in Luxembourg.

YOUR ROLE:

• Development and maintenance of the Compliance Risk Assessment (CRA) i.e. participate to the refresh and yearly communication of the outcome, feed the continuous updates as reviews are being produced (BRM, IA, PWC, Authorities, Compliance, IRS etc.)

• Development of a risk-based Compliance Monitoring Program (CMP) covering the activities of Lombard Odier (Europe) S.A. (LOESA) and branches
• Quality execution and timely delivery of the CMP :
  - by conducting monitoring and testing activities including conducting interviews with all levels of staff to assess knowledge of procedures and levels of Compliance, including visits to branches;
  - by ensuring methodology is meeting Group requirements, if any
• Management of the Compliance Assurance officer(s), if any. Help them developing their capacities, review their works and ensure they timely deliver according to plans
• Timely delivery of monitoring & testing reports: write up review findings, make recommendations, discuss the observations and actions with the auditees / management and assign remedial actions in light of identified deficiencies
• Presentation of Compliance Assurance findings and recommendations to various Committees up to and including the Board / ACR of LOESA, if needed
• Awareness of regulatory/compliance developments across all LOESA jurisdictions, assessment of the likely impact to the business and incorporation into the annual risk assessment process
• Promotion of best practices and of the highest ethical standards required of staff to ensure staff meet the requirements of the Compliance Manual, relevant regulations and Group Standards
• Participation to the drafting of the Compliance function reporting and escalation of any material compliance/regulatory concerns or issues to the Chief Compliance Officer / LOESA Management Committee or Board / ACR as required.

As LOESA Outsourcing Manager for the Compliance function:

• Oversee / assess the outsourcing arrangements for Compliance related activities;

• Conduct reviews of any activities outsourced by LOESA to other LO entities to assess adherence to the regulatory requirements of each branch and adherence to the terms of any Service Level Agreements in place;

• Quarterly report to the Delegated Outsourcing Forum (DOF) on Compliance outsourced activities;

• Provide annual update to LOESA person responsible for CSSF circular 22/806 Outsourcing Arrangements implementation on the outsourcing arrangements and exit strategy.

As LOT&OS RC:

• Develop/maintain the CRA/CMP to the extent of LOTOS limited scope of activities;

• Execute the monitoring activities designed within the CRA/CMP;

• Frequently report to governing bodies of LOTOS (Outsourcing manager/ DOF/ ManCo / LRC / BoD);

• Perform annual training to the staff and whenever needed;

• Act as primary contact for external stakeholders on Compliance matters;

• Assist internal stakeholders on Compliance related matters.

YOUR PROFILE:

• Degree level education preferred.  Accounting or Auditing background an advantage
• Extensive experience and knowledge of Compliance, compliance monitoring / auditing in a European wealth management environment.
• Excellent interpersonal skills, an ability to communicate well verbally and orally at all levels
• High level of personal drive and an ability to work autonomously with minimal direct supervision.
• Persistent and inquisitive, not easily deflected.
• Flexible, the role requires some travel within Europe
• Advanced Excel skills an advantage
• English and French compulsory.Flemish, Italian or Spanish an advantage.

Our Maison’s DNA is defined by five core values. Excellence drives us to be the best at what we do, while Innovation fuels our progress. Respect underpins every interaction, and Integrity shapes our actions. Together, we are One Team, united in serving our clients with unwavering dedication.

As a responsible and supportive employer, we promote a diverse and inclusive work environment for our employees and candidates. Diversity, Equity and Inclusion are woven into the fabric of our Maison’s DNA, and we strive to ensure that our employees can fulfill both their personal and professional aspirations by encouraging internal mobility and individual upskilling programs. We firmly believe that building Diverse Teams contributes to our successes and to deliver on this, we actively embed Diversity, Equity and Inclusion in our business strategy.

It is an exciting time to join our Teams. All applications will be handled in the strictest confidence.