CHIEF COMPLIANCE OFFICER (RC)
We are hiring for a proactive individual to fulfill a dual role as Chief Compliance Officer (CCO) and Responsable du Contrôle du respect des obligations (RC) for our Client and International Financial Services Company. The successful candidate will provide independent compliance oversight and ensure effective risk management. This role involves developing, implementing, and maintaining compliance programs and internal controls to ensure adherence to legal and regulatory requirements.
THE JOB:
Regulatory Compliance:
Monitor and interpret relevant laws, regulations, and guidelines affecting the organisation;
Ensure compliance with Luxembourg’s financial regulations, including CSSF requirements;
Liaise with regulatory bodies (CSSF, BaFIN, FMA, auditors, etc.) and maintenance of related files and respond to compliance inquiries;
Establish, implement and maintain effective policies and procedures in relation to compliance, AML CTF and control of delegations.
Compliance Program Development:
Develop, implement, and maintain comprehensive compliance policies and procedures in relation to compliance, AML CTF and control of delegations;
Regularly review and update compliance policies to reflect changes in laws and regulations;
Monitor operational processes, policies and procedures to ensure that the Company complies with all legal regulations, circulars and ethical standards;
Lead projects with your compliance and regulatory expertise;
Conduct compliance risk assessments and implement mitigation strategies.
Training and Awareness:
Develop and conduct compliance training programs for employees to promote awareness and understanding of compliance policies and procedures;
Support preparation of AML trainings and the maintenance of the training register;
Provide guidance and support to staff on compliance-related issues.
Monitoring and Reporting:
Monitor and report on the effectiveness of the compliance program to Senior Management and the Board of Directors;
Prepare regular compliance reports and presentations for internal and external stakeholders;
Develop, improve, and maintain reporting systems for relevant stakeholders;
Investigate and address compliance breaches and issues, implementing corrective actions as necessary.
Risk Management:
Identify potential compliance risks and implement strategies to mitigate them;
Develop and maintain an AML risk management framework that aligns with the Company’s strategic objectives;
Identify and assess compliance risks including AML/ CTF risks as well as applicable laws and regulations.
Ethics and Integrity:
Promote a culture of ethics and integrity within the Company;
Serve as a role model for ethical behaviour and decision-making.
Audit coordination:
Oversee internal audits and control evaluations to identify areas for improvement.
THE CANDIDATE PROFILE:
·A bachelor’s degree in a relevant field, such as business, finance, or law. A relevant post-graduate degree or certification (e.g. CFA, CPA, CAMS) is a plus;
·Minimum of 5+ years working experience in compliance or a related field within the financial service sector;
·Proven ability to develop and implement compliance programs, policies, and procedures;
·Excellent communication skills, with the ability to clearly articulate complex compliance issues to a range of stakeholders, including senior management, legal teams, and regulators;
·A strategic mindset, with the ability to anticipate and mitigate risks while balancing business needs and objectives;
·Strong analytical skills and attention to detail, with the ability to conduct thorough and accurate risk assessments and reviews;
·Experience in managing relationships with regulators and external auditors;
·Fluency in English is essential; German is considered a strong asset.
·A passion for compliance and a commitment to ethical business practices.
We are committed to protecting your privacy and ensuring the confidentiality of your personal information. Before submitting your application, we kindly ask that you take a moment to review our Privacy Policy.
As an equal opportunity employer, we embrace diversity and welcome applicants from all backgrounds. Please note, however, that candidates must possess a valid Luxembourg work permit. As we represent our clients, we are required to submit only those who meet this requirement. Unfortunately, if you do not have a valid work permit, we will not be able to consider your application.
If you are selected for the position, you will be asked to provide supporting documentation, such as copies of your diplomas, proof of prior employment, and a standard criminal record check, as part of the final steps in our recruitment process.
We appreciate your interest in our company and look forward to the possibility of working together.
