Manager Regulatory Compliance

For our Compliance Department in Luxembourg, we are looking for a compliance professional to deal with regulatory compliance matters (excluding AML). Covering areas such as Business and Market Conduct related regulations, the Manager will support Compliance activities in relation to Risk Appetite, Frameworks and Culture, as well as Compliance Monitoring & Testing, Actions follow-up and Reporting, with immediate focus on Luxembourg but also providing key support and oversight on underlying subsidiaries and branches, essentially in Europe and Malaysia.

• Identification and assessment of non-Compliance Risks:
  • Participate in the development and update of the Bank’s Compliance Risk Appetite, Framework, Policies, and Procedures, ensuring these address (evolving) Regulatory requirements, factoring business specificities, as appropriate;
  • Develop and update, in collaboration with Business, a Compliance Risk Assessment of the activities carried out by the Bank;
  • Participate in the design and implementation of the employee information and training system.
• Control (Monitoring & Testing) and Oversight:
  • Carry out 2nd line independent controls as well as review, assess and test relevant business controls supporting compliance with the Bank’s Compliance framework and applicable regulations;
  • Support and oversee subsidiaries and branches Compliance related activities, in conjunction with Local Compliance Officers;
  • Perform ad-hoc Compliance reviews, as appropriate.
• Monitoring and Reporting
  • Follow up on Compliance / Regulators’ recommendations (where applicable);
  • Contribute to the Bank’s Compliance reporting processes.

Must-have

• Previous regulatory experience in Big 4, asset servicer, bank or asset manager
• Strong knowledge of applicable laws and regulations, including CSSF circulars in Luxembourg
• Experienced in (Regulatory) control assessments (design and effectiveness)
• Excellent analytical and communication skills (including writing skills);
• Team spirit and collaborative mindset, combined with ability to exercise independent judgment
• Proficient in English and French.

Nice-to-have

• Compliance Certification
• Advanced MS Excel and/or Access skills
• Good knowledge of products and services offered by an Investor Servicing Bank (in particular in relation to Custody/Depositary role);
• Superior problem solving skills and strong organizational competences.

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program
• Leaders who support your development through coaching and managing opportunities
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team
• Opportunities to do challenging work
• Opportunities to take on progressively greater accountabilities      
• Opportunities to building close relationships with clients

In accordance with the law of 23 July 2016, all successful candidates will be requested to provide a recent criminal record (bulletin no. 3) of their place of work and country of residence.