Company Name Bank of Communications (Luxembourg) Job Title : Senior Compliance Officer Location : Luxembourg Reports to : Chief Compliance Officer Subordinates : 1-
2 Division / Department : Compliance Department Type of position : Full-time General Description : Bank of Communications is one of the major financial services providers in China with the history of over 100 years since founded in more than 2,600 domestic banking outlets in 215 cities and 159 counties nationwide in China, it has set up 12 overseas institutions and 1 representative office all over the world.
The business scope includes commercial banking, securities services, trust services, financial leasing, fund management, insurance and offshore financial services.
As a fully invested subsidiary of Bank of Communications, we would like to offer you with the opportunity to work with an energetic and prosperous team aiming to be succeed in the European market as a professional bank institution.
You will be part of an ambitious project and face new situations and projects which will enhance your compliance skills.
Main Duties and Responsibilities :
Directly report to the Chief Compliance Officer, also based in Luxembourg
In charge of local Compliance (one direct report, in charge of AML&KYC) Assume direct responsibility for assigned areas :
Monitor and analyze ongoing regulatory requirements to ensure that policies and procedures are compliant with rules and regulations applicable in Luxembourg;
Autonomously design and implement new policies and procedures in the context of a set framework;
Autonomously perform controls to ensure compliance with and internal procedures;
Autonomously perform controls, according to a jointly defined control plan in all compliance areas;
Manage individual projects within the scope of compliance responsibilities;
Advice staff on applicable regulations and policies and provide them with compliance related trainings;
Participate in the review and update of legal and regulatory documentation;
As back-up : Perform the AML & KYC monitoring and reviews of client documentation - Review conformity with client policy -
Perform identification and risk evaluation of the clients - Monitor transactions
Perform back-up duties, also covering areas of corporate governance; Qualifications and experience :
Bachelor’s degree mandatory, master’s degree in Legal or Compliance related majors preferred
At least 5 years of experience in compliance, preferably banks
At least 5 years of experience related to KYC / CTF controls
Familiar with Luxembourg regulatory environment
Fluency in written and spoken English mandatory
Limited working proficiency in French required
Ready to work in a stimulating and dynamic environment
Excellent communication, drafting and analytical skills
Ability to multi-task and self-organize as part of a team
Dynamic person capable of taking ownership of responsibilities
Experience with commercial software focusing on KYC and transaction monitoring considered an asset Further :
Working hours are from Disclaimer : The preceding description is not designed to be a complete list of all duties and responsibilities required of the Compliance Officer .