Job Description
Job Title: Compliance Officer – AML/ KYC, Private Banking- Luxembourg
The Compliance Officer (AML/KYC team) reports directly to the Chief Compliance Officer.
His/Her main duties are to ensure the bank complies with all applicable regulations relevant to the onboarding and management of client relationships and the fight against money laundering and terrorism financing.
The role implies the performance of client due diligence reviews and other related tasks, as well as providing advice to the staff.
Main Activities and Responsibilities
- Performing due diligence reviews for account openings and client onboardings, reviewing account opening documentation, supportive documentation and corroboration, as well as client risk classification, liaising with front office.
- Performing due diligence reviews in the context of clients’ periodic reviews.
- Performing additional tasks relevant to the management of client relationships
- Assisting and advising the CRMs on compliance matters.
- When required, filing SARs/STRs to the Luxembourg FIU, addressing requests from authorities and auditors.
- Ensuring identified issues are fully investigated and promptly escalated, if necessary, in order to manage and mitigate legal, regulatory and reputation risks in adherence of the applicable laws and regulations as well as internal policies and standards;
- When required, participating to regulatory assessments, including gap analysis, risk assessment and follow-up.
- When required, participating to Group projects involving Compliance.
- Participating to trainings programs to ensure that all employees are periodically made aware of the Bank’s compliance policies, understand their responsibilities and are kept up-to-date with the regulatory environment.
Profile
- Bachelor or Master degree in law, finance, accounting or business management
- 5 to 10 years of aggregate banking experience preferably in Compliance, Audit or legal
- Excellent knowledge of Compliance-related domains such as AML-CFT/KYC, MiFID, Fraud, etc.
- Familiar with account opening / corporate documentation and business structures
- Very good command in French and English. Other language(s) is(are) an asset (Spanish, Dutch)
Personal Skills
- Strong organisational skills, proactive and at ease with multitasking
- Autonomy, flexible and ability to work under tight deadlines
- Result focused and quick decision-maker, with a “hands-on” approach
- Ability to work in cooperation with others, team player
- Clear and concise communication, ability to summarise info efficiently
- Strong analytical skills
- Efficient and reliable with strong sense of confidentiality
- Understanding of business environment and solution-oriented
To be considered in this recruitment process, please send your CV to michael.mandic@andersonwise.com. Your application will be treated with the utmost discretion.
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