Compliance and AML Officer
Publiée le 17/12/2024
Michael Page Luxembourg
- Luxembourg (Canton), Luxembourg
- Banque
- Entre 80k et 81k € / an
Temps de travail
Type de contrat
Expérience professionnelle
Niveau d'étude
As a Compliance and AML Officer, you will play a key role in identifying, assessing, and managing compliance and regulatory risks. Leveraging your external client experience, particularly in banking, you will bring a fresh perspective to ensure strict adherence to internal standards and Luxembourg regulations.
Client Details
Our client is a well-established private bank, known for its tailored approach to serving a distinguished and demanding clientele.
Description
Your Responsibilities as Compliance and AML Officer will include:
Daily AML Operations:
- Conduct routine compliance checks, including monitoring transactions, screening clients, reviewing risk levels, and authorizing live transfers to ensure adherence to AML regulations.
- Oversee account lifecycle management by processing account openings and closures while collaborating with Relationship Managers to resolve queries efficiently.
- Respond to requests from judicial authorities, CSSF, legal counsel, and manage updates to sanction lists, ensuring timely and accurate reporting.
Compliance Monitoring and Controls:
- Support and perform periodic compliance reviews, including monthly, quarterly, and annual controls, focusing on key areas such as AML, MiFID, and governance.
- Act as a second reviewer for critical compliance tasks, providing quality control and ensuring adherence to regulatory standards.
- Assist with the distribution and execution of monitoring tasks across the team, adapting to various priorities as needed.
- Play an active role in internal and external AML audits and investigations, collaborating closely with regulators and auditors.
- Prepare and provide documentation for periodic inquiries from CSSF and other regulatory bodies.
Versatility and Team Collaboration:
- Step in to support other compliance areas during periods of high demand or staff absence, ensuring seamless operations across the department.
- Embrace a proactive and flexible approach to address diverse compliance needs beyond AML, particularly in a small-structure environment.
Profile
Your Qualities as the successful Compliance and AML Officer:
- Master's degree in finance, law, administration, or economics.
- 5 years of experience in compliance, with expertise in AML and KYC.
- Big4 experience working with external banking clients is highly preferred.
- Strong understanding of local and European regulations; Luxembourg experience is essential.
- Advanced analytical and problem-solving skills.
- Detail-oriented with strong critical thinking and writing abilities.
- Proficient in French and English.
Job Offer
Our client offers:
- Opportunity to join a prestigious institution and support its growing Luxembourg presence.
- Collaborative team environment within a human-sized organization.
- Professional growth in a challenging and rewarding role.
