Actively looking for a Head of AML for a private bank based in the heart of Luxembourg, renowned for its wealth management expertise and personalized financial solutions.
With a strong international presence, it caters to high-net-worth individuals and offers a wide range of investment and advisory services tailored to client’s unique financial goals and preferences.
The successful candidate will play a pivotal role in ensuring compliance with regulatory requirements and safeguarding the bank against financial crime risks.
Why apply?
- Competitive salary package based on your experience, up to 150K
- Opportunities for professional growth and continuous learning
- Collaborate with a diverse and international team of industry professionals
- Real impact on the decisions, being in contact with top management
- Interesting Growth opportunities in Luxembourg and abroad
- Nice autonomy with Hybrid working
Your missions and responsibilities
- Provide expert advice on AML and KYC practices, challenging existing processes to ensure alignment with industry best practices and regulatory requirements
- Maintain AML/KYC directives and provide clear guidance to stakeholders to ensure consistent compliance with established policies
- Continuously improve controls and monitoring procedures related to AML and KYC to enhance the detection and prevention of financial crime
- Promptly report AML/KYC incidents to the Head of Compliance and Corporate Governance, collaborating on investigations and resolutions
- Act as the AML Compliance Officer (AMLCO) and Money Laundering Reporting Officer (MLRO), guiding the organization in fulfilling its compliance obligations
- Maintain extensive knowledge of the AML Guidelines, stay informed about regulatory changes, and advise senior management accordingly
The ideal profile
- 10+ years of professional experience in Compliance, AML/KYC field
- Strong experience in the Private Banking sector
- Strong knowledge of regulatory frameworks, laws, and industry standards applicable to the organization
- Fluent in English and French. Any additional language is considered an asset
- Excellent team management skills
- People-oriented personality
- Excellent communication skills, both spoken and written