Compliance Officer AML/KYC

Compliance Officer – AML/KYC, Client Onboarding, in a Private Bank in Luxembourg

The Compliance Officer (AML/KYC team) supports the Chief Compliance Officer, ensuring compliance with regulations related to onboarding and managing client relationships, and combating money laundering and terrorism financing.

Key Responsibilities:

• Conduct due diligence for account openings and client onboardings, reviewing documentation and client risk classification.
• Perform AML and KYC checks for new clients and periodic due diligence reviews for existing clients.
• Assist CRMs with compliance-related matters.
• File SARs/STRs with Luxembourg FIU when required, and address requests from authorities and auditors.
• Investigate and escalate compliance issues to manage legal, regulatory, and reputational risks.
• Participate in regulatory assessments, gap analysis, and group projects.
• Provide compliance training to ensure staff awareness and understanding of policies.

Profile:

• Bachelor’s or Master’s degree in Law, Finance, Accounting, or Business Management.
• 3-10 years of banking experience in Compliance, Audit, or Legal.
• Strong knowledge of AML-CFT/KYC, MiFID, and Fraud.
• Familiarity with account opening and corporate documentation.
• Proficiency in French and English; additional languages (Spanish, Dutch) are a plus.

Skills:

• Strong organizational and multitasking abilities.
• Proactive, autonomous, and able to meet tight deadlines.
• Quick decision-maker with a hands-on approach.
• Team player with strong communication and analytical skills.
• Reliable, with a high level of confidentiality.