Description
- Act as the central liaison between the Compliance function, business operations, IT, and systems/solutions provider in matters related to Financial Crime systems;
- Lead the design or assist in designing the implementation or changes to Financial Crime Compliance Tools in banks;
- Identify, discuss, gather, challenge, and enhance user requests and requirements;
- Translate and outline business requirements, ensuring technical requirements are accurately implemented in the system;
- Coordinate and conduct testing in collaboration with Compliance, business/operations, and IT;
- Regularly assess the effectiveness of Financial Crime systems within the bank's infrastructure;
- Serve as the data expert for Financial Crime Compliance activities, collecting, analyzing, interpreting, and presenting data;
- Utilize data analysis to generate insights, identify improvement opportunities, and drive actions, focusing on KYC Data, Transaction Monitoring data, Transaction Screening data, and payment data;
- Assist in setting up and managing Financial Crime dashboards with key metrics and indicators;
- Evaluate existing models and scenarios, optimizing and validating them;
- Make recommendations to enhance Financial Crime surveillance through new risk models, model validation, statistical analyses, and sensitivity tests;
- Document business rules, thresholds, parameters, and scoring methodology of the system;
- Execute scenario rules to evaluate their relevance and efficiency and challenge existing rules and whitelists;
- Oversee Artificial Intelligence, Machine Learning modules, and other Algorithms within Compliance;
- Develop rules and models to address emerging trends, suspicious patterns, and red flags;
- Improve MIS, dashboards, and handle daily requests related to the system for Compliance and 1st line of defense;
- Participate in AML and Compliance Committees;
- Act as the voice of the compliance function, promoting and fostering a compliance culture within the bank;
- Assist the Compliance function and Line of Defense 1 in enhancing MIS and dashboard systems, and addressing any daily system-related requests;
- Take part in AML and Compliance Committees;
- Serve as the representative of the compliance function in the bank, and contribute to promoting a compliance culture across the organization.
Profile
- University degree in IT, Data Science, Engineering, or Business School with an IT, artificial intelligence, or data management focus;
- Financial Crime Compliance certification preferred;
- Minimum 5 years of experience in business analysis (securities industry, banking, management, audit, consulting, etc.);
- Fluent in English and French, Japanese proficiency an asset;
- Familiarity with securities industry operations and fund administration, especially Transfer Agency;
- Understanding of AML and banking regulations;
- Knowledge of Financial Services Industry in Luxembourg or EU;
- Strong Business Intelligence skills, including SQL proficiency;
- Experience managing complex data structures from various sources (Big Data, databases);
- Background in transactional anomaly prediction, operational risk modeling, or financial services risk management;
- Experience with big data and statistical modeling, data visualization tools (Tableau, Qlikview, etc.);
- Knowledge of AML Transaction Monitoring and Transaction Screening systems;
- Experience in Supervised AI, Machine Learning, and Algorithm management;
- Proficient in gathering requirements, writing user stories, and mapping processes;
- Proficiency in Microsoft Office (Word, PowerPoint);
- Familiarity with Compliance Monitoring Systems, Core Banking Systems, and technical tools for data mining such as SQL, VBA, Excel.
Offer
Our client offers a permanent contract.