Compliance Officer - Regulatory & AML Specialist

Country: Luxembourg

City: Luxembourg

Department: Risk, Compliance and Control

Contract type: Employment

Publication date: 11/3/2017


Job description

We have an exciting opportunity to join Lombard International Assurance which is a leading life insurance-based wealth solutions provider to high net worth individuals, their families and institutions around the globe.  Global assets under administration are in excess of USD 80 billion specializing in 20+ jurisdictions.                                                                                                                                                                                            We pride ourselves on being the experts in this field and are committed to providing the highest standards of service excellence to our Partners and Clients.

Growth in existing and new markets means that Lombard International Assurance is recruiting talented people to join our team of professionals in a variety of different areas throughout the company. We offer a dynamic and international working environment with excellent prospects for career progression.

Your role
You will work within the Compliance team with a specific focus on cross-border regulatory changes and data protection, and are also able to support AML/CTF activity and initiatives; with a direct line to the Head of Compliance. Your responsibilities will be as follows:

  • Coordinate the regulatory watch process; including identification of new regulations, analysis and implementation into policies and procedures
  • Maintain, develop and advise on the data protection framework (incl. personal data register, training, monitoring, etc.)
  • Actively participate and provide Compliance input for business, regulatory and Compliance projects
  • Communicate collaboratively and continuously with all of Compliance’s key stakeholders and provide guidance on upstream regulatory changes
  • Maintain the Compliance Risk Assessment and ensure in close collaboration with the Risk team, that compliance risks are properly mitigated; whilst evolving and further embedding compliance awareness and culture
  • Participate in the AML/CTF activity of the team
  • Participate to the production of the quarterly reporting, including design and production of Key Risk Indicators
  • Interact with Branches Compliance teams towards a uniform Compliance framework
  • Adding value through lateral thinking and key input to Risk and Compliance management matters
  • Develop and implement a Compliance training programme; including ongoing awareness through publication of regular newsletters

Your profile
  • You have at least 7 years’ experience in a Compliance department or related field, preferably in the Bank or Insurance sector with exposure to the cross border problematic
  • Expert knowledge of the regulatory environment in the financial services sector
    (GDPR, AML/CTF, FATCA, CRS, etc.)
  • Autonomous, with delivery focus, hands-on approach and able to work in an international environment
  • Attention to detail, flexible, capable of prioritising tasks and creativity in finding solutions
  • Enthusiastic team player and self-motivated with strong analytical skills
  • Strong communication, presentation and influencing skills
  • Able to cope with pressure and tight deadlines
  • Fluency in English is essential and additional European language(s) would be considered an asset



See More