Head of Risk & Deputy AML Officer (Portfolio Management / AMC Products)

Head of Risk & Deputy AML Officer (Portfolio Management / AMC Products)

Location: Zurich, Switzerland

Company: Blackshield Capital AG

Contact: n.okhmush@blackshield.capital

About the Company

Blackshield Capital AG is a Zurich-based investment and portfolio management firm specializing in structured products and Actively Managed Certificates (AMCs). The company is committed to upholding regulatory compliance, transparency, and risk-based governance in accordance with Swiss standards.

Position Overview

We are seeking a highly qualified professional to take on the role of Head of Risk & Deputy AML Officer. This position requires a deep understanding of the Swiss regulatory environment (FinSA, FinIA, AMLA/AMLO-FINMA) and extensive experience in designing and supervising risk management frameworks for portfolio management and AMC-related activities.

The ideal candidate will have a proven track record of collaborating with issuers, custodians, and platform providers, including the legal and operational structuring of AMC and SPA frameworks, as well as effectively managing multi-jurisdictional compliance challenges.

Key Responsibilities

• Design, implement, and continuously enhance the company’s Risk Management Framework in compliance with FINMA and SRO (OSIF) standards.
• Serve as Deputy AML Officer, ensuring full adherence to AMLA and AMLO-FINMA requirements, including CDD/KYC, source-of-wealth verification, and ongoing monitoring.
• Assess and monitor market, liquidity, counterparty, and operational risks for AMC and portfolio products.
• Oversee issuance processes for AMCs, liaising with issuers, custodians, and administrators to ensure end-to-end compliance.
• Draft and review SPA and other transactional documentation related to structured products, ensuring alignment with internal risk limits and legal obligations.
• Coordinate with compliance, audit, and risk committees to prepare periodic internal control and risk-exposure reports for the Board.
• Conduct due diligence on counterparties and external service providers.
• Supervise and document the effectiveness of the internal control system (ICS).
• Provide staff training and regulatory updates related to risk, AML, and sanctions compliance.

Qualifications

• Master’s or PhD in Economics, Finance, Law, or a related field.
• 7+ years of professional experience in risk management, compliance, or AML within Swiss or international financial institutions.
• Proven record of launching and supervising AMC structures and working with issuers and structured-product platforms.
• Solid experience in reviewing and negotiating SPA and framework agreements.
• Deep understanding of FinSA, FinIA, AMLA, AMLO-FINMA, and FATCA/CRS frameworks.
• Excellent command of regulatory documentation and reporting standards.
• Strong analytical, organizational, and problem-solving abilities.
• Languages: English (fluent), German (professional level), Russian (fluent), Ukrainian (native or near-native).
• Ethical integrity, independence, and professional discretion are essential.

We Offer

• Strategic role in a regulated investment and portfolio-management environment.
• Involvement in innovative AMC and structured-product initiatives.
• Exposure to cross-border legal and operational frameworks.
• A collaborative, international team environment.
• Competitive remuneration based on experience and performance.

Application Process

Apply online using the form below. Only applications matching the job profile will be considered.