Role: Senior Compliance Officer
Location: Luxembourg
Salary: Competitive and Candidate Dependent
We are currently seeking an experienced and motivated Compliance Officer to join a leading private bank in Luxembourg. In this role, you will play a crucial part in ensuring the bank's adherence to regulatory requirements and maintaining the highest standards of compliance, specifically focusing on client onboarding and Know Your Customer (KYC) processes.
Key Responsibilities:
- Oversee the end-to-end client onboarding process, ensuring efficient and compliant procedures.
- Collaborate with internal stakeholders, including Relationship Managers and Legal teams, to gather necessary documentation and information for client onboarding.
- Conduct thorough due diligence on potential clients to assess their eligibility and adherence to regulatory standards.
- Develop and implement robust KYC policies and procedures in accordance with Luxembourg's regulatory requirements.
- Provide expert advice on compliance-related matters and assist in developing strategies to manage and mitigate risks.
- Stay informed about changes in local and international regulations, ensuring timely and accurate communication of relevant updates to the internal team.
- Provide training and guidance to internal teams on compliance best practices, with a focus on client onboarding and KYC requirements.
- Foster a culture of compliance awareness within the organization.
Qualifications:
- 4+ years of experience in a compliance role within the financial industry.
- Solid knowledge of Luxembourg's regulatory framework, particularly in the context of client onboarding and KYC.
- Strong understanding of AML (Anti-Money Laundering) regulations and practices.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
- Relevant certifications in compliance, AML, or related fields.
- Fluent in English, and any other language is a plus
