Role: Regulatory Compliance Officer
Location: Luxembourg
Salary: Competitive and Candidate Dependent
We are currently representing a private bank in Luxembourg, a renowned Private Bank with over 40 offices globally. Known for its client-focused approach, our client emphasizes building long-term relationships and delivering customized financial strategies.
The Role
- Assist in executing the annual compliance plan.
- Enhance the role of Compliance as part of the second line of defence.
- Oversee the implementation of compliance standards by the first line of defence.
- Maintain and update relevant Compliance registers, logs, and communication channels.
- Identify and propose improvements for the first and second lines of defence by researching best practices and ongoing development projects.
- Ensure a strong control environment to maintain ongoing compliance with regulatory standards.
- Provide operational support and conduct refresher training on compliance-related topics and processes as needed.
- Aid the Compliance Senior Manager with mandatory regulatory reporting.
- Perform additional Compliance duties as assigned by the direct superior.
The Candidate
- 6-7 years of experience in regulatory compliance, preferably within the private banking or wealth management sector
- Expert knowledge of MiFID II, Market Abuse, MAR, Monitoring
- ESG experiences will be a plus
- Fluency in English, other European languages will be a plus.
- Excellent analytical and synthesis abilities, along with independence and teamwork skills.
- University degree (or equivalent qualification) and ideally with the relevant Compliance or legal qualification.
