Full-Time
Team Head – Products & Services Compliance
Posted on 5/12/2026
Julius Baer
5,001-10,000 employees
Provides private banking services worldwide
No salary listed
Madrid, Spain
In Person
 Legal & Compliance (1) |
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- University degree in Finance, Economics, or a related discipline.
- Minimum of 8 years’ progressive experience in financial services compliance, preferably within private banking, wealth management, or a Big Four consultancy environment.
- In-depth knowledge of MiFID II, fraud detection mechanisms, and tax compliance protocols.
- Proficiency in using data analytics tools to identify patterns, support risk assessments, and enhance monitoring efficiency.
- Strong leadership presence with proven ability to manage and motivate professionals in a matrixed organization.
- Outstanding communication and interpersonal skills—with fluency in English required; Other languages considered an asset.
- Capable of operating independently under pressure while maintaining composure and judgment.
- High ethical standards, personal integrity, and commitment to operational excellence.
- Lead, mentor, and develop a high-performing compliance team focused on product and service monitoring, fostering a culture of accountability, precision, and continuous improvement.
- Ensure full adherence to internal policies, regulatory requirements, and supervisory expectations across all Julius Baer Europe entities.
- Champion the “Second Line of Defense” mandate by providing independent, objective assessment and challenge to front-line functions.
- Serve as a trusted advisor to business units, legal, risk and product development on compliance implications relating to current and emerging regulations.
- Proactively assess the impact of evolving regulatory landscapes—including MiFID II, IDD, AML/CFT, Tax Transparency (CRS/FATCA), Sanctions, Market Abuse Regulation (MAR), and ESG-related rules—and translate these into actionable guidance and control enhancements.
- Contribute strategically to cross-functional projects involving new product launches, market expansions, or system implementations requiring compliance integration.
- Design, implement, and continuously refine a risk-based compliance monitoring framework aligned with group standards and local regulatory expectations.
- Oversee the execution of the annual Compliance Control Plan, ensuring timely delivery and effective escalation of findings.
- Drive remediation efforts in collaboration with first-line stakeholders and monitor progress to resolution.
- Prepare comprehensive periodic and ad-hoc reports for Julius Baer Europe Senior Management, the Head of Regulatory and Product & Services Compliance, the Chief Compliance Officer, and Group Compliance, detailing control effectiveness, issue trends, and mitigation plans.
- Represent Compliance in key internal committees at both Julius Baer Europe and Group levels, contributing to enterprise-wide risk discussions and policy formulation.
- Coordinate responses to regulators, internal and external audit requests, ensuring completeness, accuracy, and timeliness.
Julius Baer Group Ltd. is a Swiss private bank that serves high-net-worth individuals and families. It focuses on wealth management, investment advisory, discretionary mandates, financing, and related private banking services. Customers’ assets are managed through personalized investment strategies, custody, and tailored financial planning delivered by relationship managers and specialists."
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Switzerland
Founded
1890
Simplify's Take
What believers are saying
- Net new money inflows doubled to CHF 7.9 billion in H1 2025, driving growth.
- Launched UK model portfolios in February 2026, led by Gareth Johnson on major platforms.
- Appointed Winfried Daun from UBS as Global Head of Brand & Marketing on February 23, 2026.
What critics are saying
- CFO Evie Kostakis departs end-2026, disrupting financial oversight after India head exit.
- Key exits of Kostakis, Papneja by July 2026, and Zoutendijk impair client retention.
- Board misses gender diversity targets post-Zoutendijk, inviting FINMA scrutiny by 2027.
What makes Julius Baer unique
- Julius Baer specializes in pure-play wealth management for high-net-worth individuals since 1890.
- Operates in 25 countries with 60 locations, focusing on Switzerland and Asia home markets.
- Offers sustainable discretionary mandates as Swiss Sustainable Finance member.
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Benefits
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Company News
Explosive news at Julius Bär. Chief Financial Officer Evie Kostakis has announced her departure by the end of the year. She will take on a new international leadership position. Leaving Julius Bär by the end of 2026: Chief Financial Officer Evie Kostakis. (Image: Julius Bär) Friday, April 10, 2026 15:51 Julius Bär Chief Financial Officer (CFO) Evie Kostakis will step down from her role by the end of 2026. The succession plan is already underway, and her successor will be announced in due course, according to a statement from the bank on Friday afternoon. An orderly transition process is expected to take place in the second half of the year. She is stepping down to take on a new international leadership position, the statement adds. CFO since 2022 'I thank Evie Kostakis for her leadership and tireless dedication to our company,' says CEO Stefan Bollinger. 'During her 13 years at Julius Bär, including the last six first as deputy CFO and since 2022 as group CFO, she has played a key role in strategically optimizing our presence, enhancing our operational efficiency, and strengthening our investor base.' Kostakis took over the CFO position at Julius Bär in July 2022. The Greek-American dual citizen joined Julius Bär in 2013. With her departure, another key position at the bank will be filled, following last year's appointment of Stefan Bollinger as CEO. On the topic. To ensure you don't miss anything important: Daily and free top news.
Bank of Singapore hires Julius Baer exec as ASEAN private banking head. The appointment also fits within OCBC's corporate strategy, The Next Frontier, including an Asia Shift focused on Asian wealth flows. Bank of Singapore, the private banking subsidiary of OCBC, has appointed Vi Sun Yang from Julius Baer as its Head of Private Banking, ASEAN with effect from 29 June 2026. In the role, Yang will oversee the development of the bank's private banking business across ASEAN, which it identifies as its largest market. The appointment also fits within OCBC's corporate strategy, The Next Frontier, including an Asia Shift focused on Asian wealth flows. The bank said that in 2025 it exceeded the assets under management target of $145bn that had been set in 2023. It also reported growth of more than 20% in global AUM. Yang joins from Julius Baer, where she served as Market Head for Southeast Asia. She has more than 30 years of experience in wealth management. Earlier in her career, she spent 14 years at UBS Singapore, holding senior posts including Head of the Private Client Segment across seven Asian markets and Market Head for Indonesia. She has also worked at American Express, DBS and Standard Chartered. She will join the bank's global management committee and report to chief executive Mr Jason Moo. Moo said: "We look forward to welcoming Vi Sun to the Bank of Singapore family. Our continued ability to attract top talent like her underscores the strong appeal of our franchise and the confidence private bankers have in joining us on our growth journey. As a bank headquartered in Singapore, ASEAN is an important region for us, one where we consistently invest to enhance our capabilities and strengthen our client proposition. I am confident Vi Sun's wealth of experience and proven leadership will further uplift the momentum of our growing ASEAN business." The hire follows other senior appointments at the bank. In March 2026, Bank of Singapore named Eng Chien Chan as Market Group Head for Greater China and Bernard Heng as Head of Customised Solutions in its Investment Solutions Group. Yang has more than 30 years of experience in wealth management. Credit: Bank of Singapore. Give your business an edge with its leading industry insights.
Julius Baer Group has announced that Olga Zoutendijk will step down from its board at the annual general meeting on 9 April 2026, after seven years of service. The Swiss wealth manager plans to nominate Urban Angehrn and Colin Bell as new board members. Bell, formerly group chief compliance officer at HSBC and UBS, brings extensive experience in compliance, risk management and regulatory relations. Board chairman Noel Quinn praised his expertise in building compliance programmes and business transformation. The changes mean Julius Baer will temporarily fall short of its gender diversity targets. The company is actively seeking qualified female candidates and aims to meet diversity requirements before the 2027 AGM. Julius Baer recently reported a 25% decline in net profit for 2025 to SFr764 million, attributed to one-off charges and credit losses.
Bar nominates major bank compliance specialist for board of directors. Colin Bell, who has served as Chief Compliance Officer at both HSBC and UBS, is set to become a member of Julius Bar's board of directors. As he replaces a woman, the committee will become more male-dominated - the bank promises swift improvement. Colin Bell is to become a new board member at Julius Bar. (Image: LinkedIn) Monday, March 16, 2026 08:39 At Julius Bar, which presented its business report on Monday, there will be a change in the board of directors. Olga Zoutendijk will not stand for re-election at the general meeting on April 9, 2026, the group also announced on Monday - and immediately proposed Colin Bell as a replacement. In the communiqué, Bell is described as 'a highly qualified banking industry leader' with extensive experience in corporate governance and excellent expertise in anti-money laundering, financial crime compliance, and non-financial risk. Good connections with supervisory authorities and military career Bell recently ended his operational career to focus on advisory roles and board mandates. He previously served as Group Chief Compliance Officer at HSBC and as Group Chief Compliance Officer and Head of Non-Financial Risk at UBS. However, he did not start his career in the financial sector but rather in the British Army, where he held various leadership positions for 16 years, likely why Bar also highlights his 'geopolitical knowledge'. Bell has a good network with British supervisory authorities, the Financial Conduct Authority, Prudential Regulation Authority, and the European Central Bank. During his time at UBS, he also worked closely with Finma. Double with Urban Angehrn Noel Quinn, Chairman of the Board of Directors of the Julius Bar Group, commented on the nomination: 'He has extensive experience and will make significant contributions with his skills acquired in building and implementing demanding compliance programs, as well as his significant competencies in corporate and technology transformation.' Already in early February, Bar announced plans to propose Urban Angehrn (former director of Finma) as a new board member. Gender diversity: Target not achieved The group now notes that with these planned changes in the governing body, the self-set goals and guidelines regarding gender diversity 'unfortunately' would not be met. This is to change: 'The board of directors is actively engaged in searching for and selecting highly qualified female candidates who will further strengthen the expertise of the board and support its commitment to diversity.' Suitable nominations are to be submitted to shareholders 'preferably before the next ordinary general meeting in 2027.'
Julius Baer has launched a suite of model portfolios for UK financial advisers, led by Gareth Johnson, who previously spent 14 years running the Model Portfolio Service at Brewin Dolphin. The offering includes "active" and "passive+" portfolios covering risk profiles 3-8 as classified by Defaqto, Dynamic Planner and EV. A UK-based team will manage the models with support from Julius Baer's network of 600 investment professionals globally. The Swiss private bank cited rising demand for outsourced investment solutions driven by evolving client expectations and increasing regulatory complexity. The portfolios will launch on several platforms including Fidelity, Morningstar, Aberdeen, Quilter, Transact and Aviva. The move follows similar action by Edmond De Rothschild, which entered the UK model portfolio space in January.