Compliance Officer

Tasks

• Conducting compliance, KYC, and financial crime risk assessments for new and existing customers.
• Prepare clear compliance analyses and recommendations for account openings and reviews, ensuring accuracy, completeness, and plausibility.
• Conduct comprehensive periodic reviews of customer relationships, including complex structures, and verify their consistency with AML/CFT information and risk classification.
• Contribute to the development, implementation, and maintenance of local FCC policies, procedures, and risk management measures.
• Assistance with clients' tax transparency reporting, including the collection of FATCA- and CRS-based records.
• Identifying unusual or suspicious activities, preparing internal reports, and filing SARs/fRIFIs with the Luxembourg authorities.
• Providing daily advisory support to the front office and other functions on FCC-related matters.
• Monitoring regulatory and industry-specific developments and providing support for the timely updating of FCC procedures.
• Contribution to the design and implementation of FCC training for employees.
• Support for 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/financial services sector.
• Strong knowledge of AML/CFT and sanctions regulations, as well as industry best practices.
• Ability to analyze and interpret complex structures and documents (e.g., trusts, corporate structures, foundations) and to identify significant risks.
• Professional-level English (spoken and written); French or German is a plus.
• Strong analytical skills, attention to detail, and good judgment.
• Enjoys working both independently and as part of a team.
• Familiarity with AML and sanctions screening tools and systems.
• Excellent communication skills, including the ability to explain complex topics clearly and to handle potentially difficult conversations.
• A high degree of integrity, discretion, and resilience, with the ability to work under pressure, manage multiple priorities, and meet tight deadlines.
• Strong organizational and time-management skills.