Senior Compliance Advisor

Description

• Keeping abreast of developments in the relevant legislations ;
• Analyzing new regulations and related documents (directives, delegated regulations, laws, circulars, FAQs, ESMA guidelines, etc.) ;
• Identifying the compliance risks and potential impacts on the different activities of the Bank, performing gap analysis when new regulation is issued as regards a compliance area and being able to identify the impact, the gap, and the solutions ;
• Drafting and reviewing the MiFID related policies and procedures ;
• Assessing the effectiveness of the first line of defense controls and properly managing compliance risks for the compliance areas in scope (e.g. MiFID, Governance, Cross border transactions, Market abuse, Complaints) ;
• Monitoring the implementation of the MiFID related processes and procedures (control of the rules of conduct, ensuring that the clients' information collected meets the requirements, review of the Customer Investment Profile, review of the order processing rules, control of the investment strategy, review of the client's classification ;
• Create concise and high-quality compliance monitoring memos with related findings ;
• Design new controls and communicate findings, action plans, and ensure follow-up with stakeholders ;
• Review contractual agreements for the Bank's products and services in collaboration with the law firm ;
• Advise the Chief Compliance Officer and other departments, including guidelines ;
• Operate the Market Abuse Surveillance system ;
• Assist in submitting a STOR to the Regulator for suspicious transactions ;
• Participate in projects implementing regulatory developments affecting the Bank ;
• Assist in preparing internal and external compliance reporting ;
• Provide recommendations and guidance for corrective action to staff ;
• Coordinate with internal and external parties on MiFID/Market Abuse compliance matters ;
• Conduct compliance awareness and training sessions throughout the bank.

Profile

• Education: University degree or equivalent in business management, law, or a related master's program ;
• Experience: 3 to 5 years of direct regulatory compliance experience in Compliance for a Bank or within a consulting/audit firm, with expertise in MiFID and Market Abuse regulations (comprehensive understanding of investor protection regulations and capital markets transparency) ;
• Hard skills: Proficient computer skills, working knowledge of the laws and regulations governing the Luxembourg financial sector ;
• Soft skills: attention to detail, strong organizational, analytical, and logical skills ;
• Languages: Strong written and verbal communication skills in English and French. Proficiency in any additional language would be advantageous.

Offer