Senior Compliance Administrator

  • Posted: 15/05/2024
  • Salary: -
  • Location: Luxembourg, Luxembourg
  • Job Type: Permanent/Fixed Term

Position: Senior Compliance Administrator


My client is a group which is a prominent independent provider of corporate, trust, and fund services to the financial services sector globally, with 500+ employees distributed across Africa, the Americas, Asia, the Caribbean, Europe, and the Middle East. Their Luxembourg entity is a specialised PFS supervised by the CSSF.

Responsibilities:

  • Provide guidance on regulatory interpretation and application
  • Assist in developing and maintaining compliance policies and procedures
  • Aid in identifying and managing regulatory risks
  • Conduct compliance monitoring and internal control tests
  • Prepare internal and external compliance reports
  • Maintain registers for conflicts of interest, breaches, and complaints
  • Assist in maintaining regulator relationships
  • Review new client documentation and business signoff
  • Monitor regulatory updates and sanctions lists
  • Handle complaints and conflicts of interest
  • Support AML/CFT efforts, including investigating suspicious activities and maintaining records
  • Represent the company to external agencies and present compliance reports to the board

Qualifications and Skills:

  • Bachelor's degree in law or related field
  • 4-5 years of experience in Luxembourg's financial services industry
  • Strong understanding of AML-CFT/KYC frameworks
  • Familiarity with recent legislative developments
  • Experience in corporate services and depositary industry preferred
  • Ability to identify compliance risks and manage policies effectively
  • Excellent communication and interpersonal skills
  • Proficiency in English; French proficiency is beneficial
  • Self-motivated with strong analytical and time management skills




 
Anis Soomaroo Consultant

Apply for this role