Financial Services Company
The company
Our client is a leading German bank. As part of the build-out of its new office in Luxembourg, we are mandated to identify a Senior Associate Compliance Officer – KYC (m/f/d).
The Senior Associate Compliance Officer – KYC (m/f/d) supports the Luxembourg office in meeting its local customer due diligence and financial-crime prevention obligations. The role performs and coordinates onboarding and periodic-review activities, maintains accurate KYC records and escalates higher-risk or unusual matters to the Senior Compliance Officer / MLRO.
Your tasks
- Perform and coordinate customer due diligence for new and existing clients, including identification and verification of customers, beneficial owners, ownership structures and authorised representatives.
- Conduct risk-based KYC reviews, including enhanced due diligence for higher-risk clients, and document customer, product, country and transaction risk factors.
- Carry out sanctions, politically exposed person and adverse-information screening in accordance with applicable requirements and internal procedures, and escalate alerts appropriately.
- Maintain complete and accurate KYC files, monitor review dates and outstanding information, and support documented onboarding, periodic-review and remediation workflows.
- Coordinate with Front Office, Operations, Legal, central Compliance and other stakeholders to resolve KYC requirements while preserving independent compliance judgement.
- Support AML/CFT monitoring, management information, regulatory and audit requests, training activities, process improvements and testing of controls.
Your profile
- Degree or relevant vocational qualification in banking, law, economics, business administration or a comparable field.
- 2-5 years of relevant experience in KYC, AML/CFT, compliance, client onboarding, audit or banking operations, preferably within a credit institution.
- Good working knowledge of customer identification, beneficial-ownership analysis, enhanced due diligence, sanctions screening and risk-based KYC processes.
- Strong analytical skills, attention to detail, integrity and the ability to make and document sound risk-based assessments.
- Strong communication and stakeholder-management skills.
- Business-fluent English, French is an advantage.
To apply for this job email your details to c.hofmann@talentspy.de
Partner
Christina Hofmann is a Partner at TALENTspy, responsible for Financial Services, FinTech & InsurTech. She advises banks, insurers, reinsurers, FinTechs and InsurTechs, with a focus on strategy, transformation, data analytics and artificial intelligence. Christina took a degree in modern languages, qualifying as a translator and interpreter for French and Spanish with a business specialism. She went on to study human resources and joined Hotel Bayerischer Hof in Munich as an HR generalist, where she found that filling specialist and leadership roles suited her best. In 2001 she made it her profession and moved into search consultancy. At two Munich firms she filled specialist and leadership positions, with her focus shifting steadily towards financial services.
