Compliance Officer - Regulatory Focus
Published on 22/11/2024
Michael Page Luxembourg
- Luxembourg (Canton), Luxembourg
- Banking
- Between 80k and 81k € / year
The Compliance Officer will be responsible for ensuring that our client complies with European and Luxembourg financial regulations, adapting group policies to meet local legal requirements.
The role involves overseeing compliance risk management, monitoring subsidiaries, and preparing regulatory reports to the Chief Compliance and Risk Officer.
Client Details
Our client is a financial holding company that controls a range of financial institutions, including banks and investment firms.
Description
As Compliance Officer - Regulatory Focus you will have the following responsibilities:
- Regulatory Alignment: Ensure group policies are adapted to comply with European financial regulations and Luxembourg banking laws.
- Compliance Risk Assessment: Identify, assess, and monitor compliance risks specific to the financial holding structure.
- Policy Development: Update and implement internal policies, ensuring they align with the financial services regulatory environment.
- Monitoring and Reporting: Prepare and present compliance reports to the CCRO and corporate bodies, with a focus on financial services regulations.
- Subsidiary Oversight: Oversee compliance within the group's financial subsidiaries, ensuring they meet local and European standards.
- Regulatory Coordination: Work closely with the Headquarters to stay updated on changes to financial regulations impacting the holding company.
Profile
Your qualities as the successful Compliance Officer :
- 3-5 years of experience in compliance with a focus on regulatory and policy adaptation.
- Strong expertise in European law and Luxembourg regulations, with experience in policy implementation.
- Analytical mindset, attention to detail, and the ability to manage complex regulatory requirements.
- Fluency in English is required; proficiency in additional European languages is advantageous.
- Strong collaborative skills, with the ability to engage effectively across different levels of the organization.
Job Offer
Our client offers:
- Competitive remuneration and benefits package aligned with the banking convention.
- Opportunity to contribute to regulatory excellence in a global financial institution.
- A collaborative, multicultural workplace with room for professional growth.
- Exposure to complex compliance challenges at the European level.
The offices are ideally located in Luxembourg, in Cloche d'Or area.
