Senior Compliance Officer (M/F)

For one of our Clients, a Greek Bank currently establishing its Luxembourg Branch active in wholesale lending, we are looking for a S enior Compliance Officer . The Senior Compliance Officer will assist the Branch Manager to anticipate, identify, assess and manage the compliance risks (AML risk, reputational risk, legal risk, risk of dispute, risk of sanctions, as well as some rational risk aspects, in connection with all activities of the institution) . (S)He will report to the Manager of the Luxembourg Branch and to the Head of Compliance located in the Head Office in Athens.

Key accountabilities

• Ensure adherence to the Bank ’s compliance policies, procedures and conduct rules
• Take all the measures necessary to guarantee full compliance with the regulatory framework
• Manage all compliance risks, returns, policies and training
• Be responsible for the c ompliance second line of defense controls (including AML / CFT, Fraud, Sanctions, Bribery & Corruption, Treating Customers Fairly) in the Luxembourg Branch
• Act as Money Laundering Reporting Officer (MLRO)
• Act as Data Protection Officer, ensuring Luxembourg Branch is fully registered and compliant with the current legislation
• Be accountable for data protection, GDPR, payments/sanctions screening and whistle blowing
• Be responsible as Operational R isk C oordinator
• Manage the operational risk policy and processes. Report risk s to the Branch Manager and liaise with Market & Operational R isk division s in Head Office
• Ensure regular communication with Head Office Compliance , keeping them updated with changes to the Luxembourg laws and regulations
• Regularly check market update s to ensure best practice s for AML, co mpliance and operational risk are shared to build capability of Luxembourg Branch s taff
• Ensure Branch’s compliance with the Head Office s c onduct rules, policies and procedures
• Liaise and cooperate with regulators and authorities such as the CSSF and Cellule de Renseignement Financier (Financial Intelligence Unit) in regard to the regulatory compliance matters .

Key Background & Experience

• At least a bachelor’s degree in Economics, Accounting, Finance or Law
• At least 5 years of relevant experience in a compliance role in Luxembourg
• Strong knowledge of the CSSF’s rules and regulations, as well as the requirements of AML/KYC and CFT disciplines
• F luen cy in English and French both written and oral , Greek will be an advantage

Key C ompetencies

• Strong risk assessment and regulation analysis skills
• I ntegrity, reliability and independence
• Excellent communications skills, clear and concise writing skills
• Strong personal organization and planning
• Detail oriented and rigorous
• Team player
• Ability to work independently and proactive “can-do” attitude , seeking out ways to improve quality of service to all stakeholders
• Ability to deliver quickly and accurately when required

Disclaimer : for publication purpose, this job description does not provide a complete list of duties and responsibilities.