Compliance Officer – AML Monitoring | Private Banking | Luxembourg

**Compliance Officer – AML Monitoring | Private Banking | Luxembourg** A leading Private Bank is looking to reinforce its Luxembourg Compliance team. **Position reporting directly to the Chief Compliance Officer.** Your main duties are to ensure the bank complies with all applicable regulations within the scope of the compliance function, as per the Compliance Charter. The role involves monitoring duties, dedicated controls, and advising staff. **Why should you choose this position?** * International leading bank, running a highly profitable and stable business * Engage in an interesting project covering 5 representative offices in the EU * Work in a cohesive, professional and dynamic team * Work-Life Balance – no regular overtime * Career growth opportunity – growing international private bank * Stable working environment, no frequent turnover * Competitive package & Banking Convention Benefits e.g., 34.5+ days of vacation * Central location, Pension insurance, Life insurance, meal vouchers **Your Duties and Responsibilities:** * Perform name screening controls on the client database and on client payments (SWIFT messages), and process the related alerts * Monitor and review client transactions (KYT), including pre-approvals, blocked accounts and high-risk jurisdictions * Process alerts generated by the internal fraud prevention tool * Investigate identified issues and escalate them promptly to mitigate legal, regulatory and reputational risks * File SARs/STRs with the Luxembourg FIU and respond to requests from authorities and auditors * Carry out controls under the Compliance Monitoring Plan, as well as ad hoc controls * Advise Client Relationship Managers on compliance matters * Support the CCO and Deputy CCO with daily tasks, departmental projects and the clearing of audit recommendations * Contribute to regulatory assessments (gap analysis, risk assessment, follow-up) and Group projects involving Compliance * Take part in compliance training programmes for staff **Your profile:** * 5 to 10 years of banking experience, ideally in Private Banking Compliance, Audit or Legal. * Bachelor’s or master’s degree in law, Finance, Accounting or Business Management. * Strong knowledge of AML-CFT/KYC and fraud prevention. * MiFID knowledge would be a plus but not essential * Familiarity with account opening, corporate documentation and business structures. * **Fluent in French and English;** Spanish or Dutch is an asset. **Your Strengths** * Organised and proactive. * Comfortable managing multiple priorities under tight deadlines. * Strong analytical skills with a hands-on, solution-oriented approach. * Clear and concise communicator. * Team player with a strong sense of confidentiality. *If this opportunity feels right for you, we’d love to hear from you.* *Kindly note that a valid Luxembourg work permit is required for consideration.* *All applications are handled with the utmost confidentiality, feel free to review our privacy policy on our website.* *We are proud to be an equal opportunity recruitment firm and welcome candidates from all backgrounds.*