Compliance Officer

Job description

Our Financial Crime Compliance (FCC) department in Luxembourg is looking for an experienced compliance officer to support and review the business units regarding complex client relationships and financial crime risks.

Tasks

- Conducting comprehensive KYC and financial crime risk analyses for new and existing customers (individuals and complex legal structures). - Preparing clear compliance analyses and recommendations for account opening and review, ensuring accuracy, completeness, and plausibility. - Conducting holistic periodic reviews of client relationships, including complex structures, analyzing cash flows, and ensuring consistency with KYC information and risk classification. - Contribute to the development, implementation, and maintenance of local FCC policies and procedures in accordance with applicable laws and CSSF regulations. - Conduct AML/CFT risk analyses and assist in improving risk-based controls and monitoring tools. - Assessing clients’ tax transparency risks, including reviewing FATCA and CRS documentation. - Investigating unusual or suspicious activities, preparing internal reports, and filing SARS/STRs and other required notifications with the Luxembourg authorities. - Providing daily advice to the front office and other functions on FCC-related matters. - Monitoring regulatory and industry-specific developments and ensuring timely updates to the FCC framework. - Contributing to the design and delivery of FCC training for employees. - Assisting with internal audits and regulatory inspections related to financial crime compliance.

Requirements

- 2–5 years of experience in compliance, preferably in financial crime compliance within the banking or financial services sector. - A good understanding of AML/CFT and sanctions regulations, as well as industry best practices. - The ability to analyze and interpret complex structures and documents (e.g., trusts, corporate structures, foundations) and identify key risks. - Professional-level English (spoken and written); French or German is a plus. - Strong analytical skills, attention to detail, and common sense. - Comfortable working both independently and as part of a team. - Familiarity with AML and sanctions monitoring tools and systems. - Excellent communication skills, with the ability to clearly explain complex topics and constructively manage potential conflicts. - High level of integrity, discretion, and resilience, with the ability to work under pressure and meet tight deadlines. - Strong organizational and time management skills.

We offer

- A stimulating and dynamic work environment. - A culture based on mutual respect, inclusion, and collaboration. - A diversity of perspectives that fosters better decisions and greater innovation. - A long-term vision for success, driven by our employees and our partnerships with customers and communities.