HEAD OF AML / CFT (M/F)
Ensuring the compliance and smooth activity of the AML function.
Implement and review procedures, processes, and new strategies.
Identification and management of the risks in relation with the maintenance of the client relation.
Manage risk classification changes.
Perform the decisive sign-off on the clients' accounts and ensure that all the measurement are compliant with the CSSF's and bank's policies.
Lead the Account Opening Committee
Ensure accurate implementation of the AML/KYC internal policy.
Provide occasionally AML expertise to the fund administration department of the bank
Manage a team of 6 people, provide trainings, guidelines, and mentor the team.
Provide support to the Chief Compliance Officer on AML/CFT matters.
THE CANDIDATE PROFILE:
At least 8 years of AML/Anti-Financial Crime related work experience within private banking and financial industry in Luxembourg.
Mandatory management skills and the ability to lead and mentor a team.
A university degree, preferably a Master's degree in Law or Finance and the respective qualifications (CAMS etc.)
Good understanding of the private banking activities, and of the AML legislation and CSSF circulars
Excellent English oral and written communication skills. Ability to speak a second European language (preferably French or Italian) will be an advantage.
Familiarity with IT systems and MS Office applications.
Our client is a prestigious private bank located in the city center of Luxembourg.
At the final stages of the recruitment process, some of our clients could ask the successful candidate to provide supporting documentation such as, for example, copies of diplomas or proof of previous jobs, and a standard criminal record check might also be requested.