AML Compliance Officer M/F

AML Compliance Officer M/F

Company Description

As a Luxembourg-incorporated bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg has been successfully operating and continually developing its business over the years, and has contributed to the local and worldwide economic and social development. With 45 years of expertise and experience in the European markets, Bank of China Luxembourg extended its roots from Luxembourg to other European countries by setting up various branches in the Netherlands, Belgium, Poland, Sweden, Portugal, Greece and Ireland.

Taking into account the wide regional coverage across Europe and to further unify the brand image, in 2022, Bank of China Luxembourg changed its name to Bank of China Europe, together with the 7 cross border branches across Europe. In that same year, BOC Europe became the sole shareholder of Bank of China (Central and Eastern Europe) and Bank of China Serbia.

After years of remarkable efforts, the Intermediate Parent Undertaking (IPU) is established and BOC Europe will play an important role as the overseas headquarters in Europe, managing itself and regions covering 13 countries and 15 institutions, through integrated management and regional integration.

Bank of China Europe adheres to the guidance of BOC Group and continues to grow and expand its business coverage across the world, offering comprehensive business solutions to its clients worldwide with its globalized operations and diversified platforms.

Comprising of an international workforce with a multicultural background of 30 different countries and regions with over 600 employees, with common objectives and a strong brand name that is widely recognized within the financial sector and across various industries, Bank of China Europe is continuously focusing on promoting high-quality development.

Job Description

Job purpose: 

The Compliance Officer will work in the team which is principally responsible for overseeing the management of AML and sanction risks. With the support of the Head of Compliance department and direct supervisors, your work will involve ensuring that Bank of China Group and Luxembourg Compliance rules and regulations are implemented in the Bank and its affiliates.

Responsibilities would be, but not be limited to, the following:

• Support the business in the implementation of new rules and regulations on AML and Sanction Compliance support the implementation of the relevant procedures.
• Participate in the review of the on boarding of clients and the ongoing review of client files, and carry out the follow up of outstanding issues.
• Carry out AML transaction monitoring and/or other AML monitoring as per Compliance monitoring programme.
• Draft Compliance reports as necessary
• Monitor the AML and sanction risk exposure of the Bank and take follow up actions.
• Give support to Head of AML Team and Chief Compliance Officer as necessary.

Qualifications

Profile (Technical Skills):

• University graduate in relevant subjects such as Finance, Law
• Fluent in English (read, write and speak), knowledge of Chinese is an advantage
• Good knowledge of AML regulations relating to the Banking sector
• Proficient in Microsoft office such as Excel, Word and PowerPoint. Other IT skills will be an advantage
• Minimum of 2 years' professional experience in AML in the financial industry 

Profile (Soft Skills):

• Good team spirit and interpersonal skills
• Good communication skills including report writing skills
• Highly organized and detail oriented.
• Committed, self-motivated and with strong work ethic.
• High standards of personal integrity

This position is based in Luxembourg and open with immediate effect. Should the above mentioned criteria match your expectations, please do not hesitate to visit us at the Moovijob Day fair in Saarbrücken.