Company description

Our ambition is to ensure the stability of the Luxembourg financial sector, to protect financial consumers and to promote a financial market which is fair, transparent and safe. The Commission de Surveillance du Secteur Financier (CSSF) acts exclusively in the public interest and all of our employees contribute to maintaining the safeness and soundness of the financial industry, one of the main drivers of the Luxembourg economy.

Beyond the national scope, the CSSF is also characterized by a strong European and international exposure. Our employees participate in international working groups and collaborate with other European authorities with the aim of promoting a stable financial industry on a European and international level.

More about Commission de Surveillance du Secteur Financier (CSSF)

Mission

You will be part of a specialized team in charge of carrying out varied and often complex assignments in the fields of anti-money laundering and fighting the financing of terrorism (AML/CFT) as well as financial sanctions.
Within the Financial Crime Prevention (“FCP”, in French LCF) Department, the tasks you will be entrusted with concern its AML/CFT/financial sanctions responsibilities, and in particular dealing with the AML/CFT professional obligations of the entities supervised by the CSSF, the regulations and guidance relating thereto, the drafting thereof, issues relating to AML/CFT risk management by the supervised entities, the CSSF’s risk-based approach to AML/CFT supervision, the CSSF’s mission to cooperate and exchange information with other AML/CFT competent authorities, issues relating to international financial sanctions as well as the CSSF’s representation in national bodies.
You will work as part of a team within Division 1 “Regulatory Affairs”, including in cooperation with the Division 2 “International Affairs and Coordination” of the FCP/LCF Department, the AML/CFT supervisory departments of the CSSF, or in contact with other competent authorities. You will ensure, through analysis, reflection and drafting, the resolution of AML/CFT/financial sanctions legal and compliance issues submitted to the Department.

Role & responsibilities

Handle AML/CFT legal and compliance issues that arise in the context of the relevant national and, as the case may be international, regulations, the effective implementation of these regulations by supervised entities and the related supervision by the CSSF
Handle requests in the matter of international financial sanctions in cooperation with other CSSF departments and where applicable authorities involved
Handle legal matters relating to AML/CFT and international financial sanctions in the context of non-contentious administrative proceedings
Participate, where applicable, in meetings or working groups, both internally within the CSSF and at national level and, potentially, in case of need at international level
Review of filings in the European central database

Your profile

Four- or five-year Master degree in Law
Holding the Certificat de formation complémentaire en droit luxembourgeois (CCDL) will be considered as an advantage
Professional experience in AML/CFT (Compliance Officer for example) within a supervised entity or within an audit firm / law firm will be considered as a major asset
Good knowledge of the regulatory framework and a confirmed interest for the fight against financial crime
Proficiency in written and spoken English and French and good writing skills. Knowledge of German and Luxembourgish will be considered as an advantage
Good synthesis skills, rigorous work and ability to deal with complex issues effectively and in depth, with a strong sense of precision
Willingness and ability to carry out analysis and studies, particularly in the field of AML/CFT, and to propose solutions
Sense of responsibility and ability to take responsibility for larger and more complex projects
Very good work organisation
Ability to work both independently and as part of a team
Sense of discretion and prioritization
Adaptability and good interpersonal skills
Ability to work at a fast pace and to meet deadlines