COMPLIANCE OFFICER – BANKING & ASSET SERVICING

Compliance Officer – Banking & Asset Servicing

The Team:

The compliance team is in charge of:

• Identifying, mapping and assessing the impacts of new regulations on financial services
  
• Building and conducting a monitoring plan on an annual basis
  
• Providing advisory to the business on regulatory topics
  
• Coordinating and following-up on correspondence with competent authorities in Luxembourg and across branches
  
• Reporting to governance forums and competent authorities on compliance topics
  

The entity is a credit institution supervised by the Commission de Surveillance du Secteur Financier in Luxembourg. It provides custody, depositary fund administration and capital markets services, and is also preparing an extension of its scope of services to banking during the course of 2026.

Key Responsibilities:

• Timely and accurate completion of the compliance program in line with the Global Compliance Framework for regulations other than AML/CTF, including:
  • Map of Rules
    
  • Compliance Risk Assessment (CRA), including answers to Corporate Compliance quality check questions
    
  • CRA actions formalisation and tracking
    
  • Coordination of the performance of the monitoring plan by the compliance team
    
  • Performance of certain parts of the compliance monitoring plan
    
• Monthly consolidation of the reporting on complaints
  
• Alert and deliver consultancy-style service to partners, including branches, as well as to other compliance or business partners across the group, in regards to Luxembourg regulation other than AML/CTF:
  • Attendance to relevant business or project steering committees, or ad hoc meetings
    
  • Answer specific requests per email or memorandum
    
  • Review and require when necessary enhancements to e-training modules, or provide ad hoc trainings if necessary
    
• Control that the 1st Line of Defence has:
  • Understood the regulatory requirements
    
  • Taken ownership and set adequate resources for adapting its operational processes and related 1st Line controls
    
  • Committed to corrective actions on eventual gaps and delivers on time
    
  • Taken note at the executive level of eventual slippages on corrective actions
    

Skills & Qualifications:

• At least 6 years of experience in the compliance area in the banking or asset servicing industry in Luxembourg
  
• Understanding of Custody, Depositary, Transfer Agency, Fund Accounting, Capital Market services and sound bank governance
  
• Experience in compliance governance, reporting and oversight, including presenting to and engaging with senior internal and external stakeholders
  
• Self-motivated with the ability to operate independently or as part of a team
  
• Effective time management
  
• Very good written skills with an ability to prepare succinct risk reporting
  
• Well-developed verbal communication skills with an ability to effectively present and contribute in business meetings and risk forums
  

Please send your application including a cover letter and a detailed C.V. to   or contact us directly at for more information. Your application will be handled in strict confidence.