The Compliance Officer will be responsible for acting as a key advocate for Compliance & Risk Management and assisting Local Management Team to manage compliance risks, by driving compliance awareness and accountability throughout the organization.
The appointed professional will have the following key responsibilities : Tasks and Responsibilities : Ensures business is conducted in compliance with relevant laws, rules and regulations;
Identifies and analyses business risks; Prepares, reviews and maintains Compliance and Risk Management policies and regulatory procedures up-
to-date; Act as the main point of contact of Luxembourg’s Financial Investigation Unit ( FIU ), identify and report any non-
compliance or suspicious activity, in accordance with anti-money laundering legislation and regulations in a timely manner;
Perform second level of controls on compliance matters, such as overseeing transaction monitoring and client acceptance files and procedures;
Preparation for and participation in organization internal committees; Promotes the Compliance Department throughout the region, including ownership of compliance obligations, establishing and maintaining a compliance framework, evaluating compliance requirements, providing compliance training;
Plays an active role in the maintenance and continuous improvement of the compliance governance framework; Prepares reports for the Regulatory Authorities, the Board of Directors and the Management team;
Remains updated on developments and changes concerning relevant regulatory and money laundering laws and regulations; Ensures adequate training of employees in relation to Compliance issues, including KYC and AML matters;
Maintain a risk matrix for the organisation; and Provision of support, advice and expertise to operational teams and management team in compliance matters;
Perform name screening and analysis of alerts on possible compliance situations and provide recommendations accordingly.
Lead and motivate the Compliance team member / s to fully meet the Management team and the client services requirements.
Qualifications and Required Skills : University Degree from a recognized University in Law, Finance, Compliance or Risk Management and / or Masters in Business Administration or a related field;
5-8 years of experience in working with / within an international financial services company, of which at least 3 should be on a Compliance role;
Excellent understanding of the relevant rules and regulations for compliance theme areas, including AML / KYC laws, FATCA and Luxembourg’s main financial instructions;
Excellent command of the English and French language, both written and verbal. Knowledge of any additional languages will be considered as an advantage Ability to handle sensitive situations in a confidential and professional manner and to influence at all level;
Attention to detail, strong organizational, logical and analytical skills with the ability to influence at all levels. Our team consists of highly flexible and motivated professionals who are committed to excellence.
If you have the experience and skills and feel that you can make a contribution to our growing business, kindly send your resume to us via jobs.
lu, coding Compliance Officer Luxembourg’.