Compliance Risk Officer

Job description

The position of Compliance Risk Officer is part of the Compliance Consolidated Supervision (CCS) Competence Center. This department primarily supports the CCS team in carrying out compliance controls, periodic and thematic reviews.

Tasks

The tasks include:

• Preparation of all documents required by internal and external auditors
• Compliance with BJBJE standards, processes, and controls in accordance with the regulatory framework and the requirements of supervisory authorities and auditors
• Ensuring excellent and evolving knowledge of all European regulations applicable to BJBJE, as well as industry best practices and internal policies and procedures
• Gaining insights into relevant departments (e.g., legal, risk management, product management, or relationship management) in order to understand the interfaces and comprehend the bank's business model and the corresponding responsibilities of compliance ("second line of defense")
• Updating on all regulatory changes relevant to regulatory compliance
• Effective and efficient communication with all necessary departments within the bank, with local management, and with other parties
• Participation in compliance-related projects

compliance program

The tasks within the scope of the compliance program include:

• Implementation of regulatory compliance controls in accordance with the BJBJE compliance control plan
• Participation in the BJBJE risk assessment and compliance risk assessment
• Conducting thematic reviews
• Preparation of regular and ad hoc reports for BJBJE management and the compliance center regarding the implementation of compliance activities and the corresponding results
• Provision of advice and support to front officers on CCS matters

Requirements

The requirements include:

• Ability to delve deeply into topics and take a hands-on approach when necessary
• Ability to communicate with impact and build and maintain solid relationships with stakeholders locally and globally
• Strong ability to work in a solution-oriented and pragmatic manner
• Hands-on approach that enables flexible responses to ad hoc requirements
• Detail-oriented and highly mentally agile
• Ability to work under pressure, independently, and as part of a team
• Excellent analytical skills and resilience
• Strong negotiator

Your experience

The required experience includes:

• Similar position in a compliance department at a bank or in the financial sector, preferably in private banking
• Experience in private banking and/or at an internationally renowned consulting or auditing firm
• Good understanding of Luxembourg and European law and regulations relevant to private banking

We offer

We offer a challenging and varied role in a dynamic environment.