CHIEF COMPLIANCE OFFICER Our client is a bank with a solid reputation as a top quality service provider in all of the banking fields.
PURPOSE OF THE ROLE 1. Chief Compliance Officer’s main tasks and responsibilities : - Oversee the operational execution of the overall Compliance function in the branch.
Ensure due knowledge of BCP’s internal policies, directives and procedures and ensure compliance and adequacy with local laws and regulatory requirements.
Establish standards, implement and approve procedures to ensure effectiveness and efficiency in identifying, preventing, detecting and correcting non compliance with applicable laws and regulations.
Upon receipt of any regulatory changes in Switzerland or BCP’s internal procedures, make the necessary local adjustments with the support of the Head Office (HO).
Organize the regulatory framework, create and adapt the related documents. - Actively apply due diligence, compliance and risk approach, on a timely manner.
Document and organize periodical checks in terms of corporate governance, compliance and risk governance and prepare the related reports.
Interact with regulators and police officers (CSSF, Financial Intelligence Unit, ) on compliance issues. - Act as and advisor on Compliance matters within the branch.
2. General Secretary’s role : - Ensure the secretaryship of the Authorized Management (AM) and Luxembourg Branch Supervisory Committee (LBSC) meetings.
Under the supervision of the LBSC members and of the Branch Manager : - prepare the reporting to the General Management (GM) at the Head Office (HO) and amend the documents as per the GM’s remarks.
submit the documents to the Board of Director (BoD) for approval and amend the documents as per BoD’s remarks. - Prepare any document required by the local authorities which is not related to Compliance and Risk Management.
Administer the timetable of all legal reporting as well as internal reports. 3. Risk Management related tasks and responsibilities : Support the Chief Risk Officer (i.
e. the Branch Manager) in the preparation of : - the documents and procedures related to the risk governance of the branch, in coordination with the Risk Management department at the HO.
the agenda of the renewal of the risk governance related documents and procedures. - the update of all documents according to the renewal agenda or in case of an evolution of the regulatory requirements.
the ICAAP reporting, every year, in line with the regulatory requirements. YOUR PROFILE - University Degree in Law or education focusing on compliance and audit matters, -
Certification in Compliance Management in Luxembourg (or EU), - At least 8-10 years’ experience in a similar role in the local banking sector, -
Broad understanding of regulatory and compliance related topics, - Very good knowledge of Luxembourg’s Banking environment and of the related rules and regulations, -
Excellent ability to communicate with the all Department’s stakeholders - Excellent level of written and oral communication in English and French -
Well organized with a strong sense of initiative - Ability to work autonomously and to take decision within his / her powers -
Strong ethical behaviour - Accurate and details oriented. Your application will be treated in a confidential way according to the legal dispositions in terms of private data collection and treatment.