Job title: Compliance Officer AML/KYC FCC
Job type: Permanent
Emp type: Full-time
Industry: Private Banking & Wealth Management
Functional Expertise: Lawyer Private Banking & Wealth Management
Location: Luxembourg
Job published: 09-12-2024
Job ID: 33593

Job Description

AML/KYC FCC Officer – Private Banking, Luxembourg

Role Overview:

Join the Financial Crime Compliance (FCC) team as an AML/KYC Officer. Your primary responsibility will be to assess and mitigate AML/FT risks during client onboarding, acting as a second line of defense. You will report to the Team Leader Monitoring & Sanctions or the Deputy Head of FCC.

Key Responsibilities:

  • Perform AML/KYC due diligence for new and existing client relationships.
  • Focus on standard, reduced, and moderate-risk accounts.
  • Analyze KYC files, identify risks, and escalate issues to the Head of Onboarding AML.
  • Review AML/KYC documentation and ensure tax compliance.
  • Attend Account Opening Committee meetings as needed.
  • Obtain necessary approvals based on AML risk classification.
  • Monitor accounts with blocking codes and escalate suspicious transactions.
  • Execute controls, research compliance tools, and conduct second-line reviews.
  • Collaborate with front-line and back-office teams for onboarding and periodic reviews.
  • Support transaction monitoring, name screening, and transaction filtering alerts.

Professional Requirements:

  • 3+ years of AML experience in banking, ideally in private banking.
  • University degree in Law or Finance, or CAMS certification.
  • Strong knowledge of private banking regulations and AML frameworks.
  • Proficiency in English; French or Italian is a plus.
  • Strong analytical, organizational, and communication skills.
  • Ability to maintain confidentiality and work under pressure.

To apply, please send your CV to michael.mandic@andersonwise.com. Your application will be handled with the highest level of confidentiality.

Anderson Wise is an equal opportunity employer.