Regulatory Compliance Officer

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.