Our client are a leading Insurance company based in Luxembourg. At present they are looking for an experienced Compliance Officer to be responsible for the implementation of AML/CFT & Fraud policies for the organization, and take the lead on a comprehensive client review process.
- Lead the implementation of AML/CFT, fraud, and conflict of interest policies within the organization.
- Serve as the primary compliance contact for a client service team, overseeing a comprehensive client review process.
- Conduct onboarding and ongoing high-risk client due diligence as the second line of defense, ensuring compliance.
- Provide guidance to colleagues on financial crime matters and implement appropriate controls.
- Perform second-level controls on AML/KYC client files.
- Organize and/or participate in awareness-raising initiatives for personnel and partners.
To be successful in this role, you should possess the following qualifications and experience:
- In-depth knowledge of regulations related to KYC/AML matters, particularly in financial crime.
- Strong understanding of the Luxembourg regulatory environment.
- A minimum of 3 to 5 years' experience in the Banking/Insurance industry, with experience in the life insurance industry considered an asset.
- Strong working methodology and exceptional organizational skills.
- Solution-oriented mindset with an acute attention to detail in research and documentation.
- Intellectual curiosity and the ability to both delve into specifics and summarize complex situations.
- Effective and goal-oriented communication skills, both in writing and speaking.
- A collaborative team player with excellent interpersonal and communication skills.
- A mature individual capable of working independently and demonstrating a high level of initiative, problem-solving, and decision-making.
- Fluency in French and English is mandatory; knowledge of additional languages, especially Dutch, is advantageous.
- Familiarity with financial crime and tax compliance.
- Possession of a professional certification in compliance or progress toward obtaining such a certification is a plus.