Senior Compliance Officer M/F

Senior 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

Position: Senior Compliance Officer-M/F

(Compliance & Regulatory Department)

Job purpose:

Within the Compliance & Regulatory department of Bank of China in Luxembourg, you will assist in the monitoring of Compliance risks of the Bank and perform some controls in relation to the Compliance Monitoring Program of the Bank. You will be driven by the objective of improving the general Compliance control framework of the Bank. This vacancy offers you the opportunity to have broad exposures to different compliance topics and not being solely focusing on AML-KYC matters.

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

• Review and analyze alerts generated by AML system to discount any potential matches to sanction lists. Take appropriate follow up actions as necessary.
• To carry out certain controls as per the annual Compliance Monitor Program of the Bank and follow up on the findings for remediation.
• Handle requests of name checks relating to request from the authorities such as Luxembourg FIU, Judicial Police, CSSF’s European Account Preservation Order […].
• Participate in the organization of Compliance trainings to the Bank’s staff on relevant regulations in particular when a new legal requirement has come in force or when some refresh has to be done for some existing legal one.
• Support the necessary oversight of the entities of the Bank of China (Europe)
• Participate in the preparation of the annual CRS and FATCA reports to the authorities within the regulatory time line.
• Participate in the implementation of procedures and processes in relation to new regulations and Bank of China Group requirements.
• Carry out ad-hoc Compliance controls and checks according to the requirements.
• Perform any other tasks as directed by the Head of the relevant Compliance division.

Qualifications

Profile (Technical Skills):

• Very good knowledge of relevant regulations , AML, FATCA & CRS;
• Good communication skills including report writing;
• Proficient computer skills such as word, excel & power point;
• Able to understand new regulations in relation to Compliance and able to translate them into practical implementation for the Bank;
• Excellent in English, with good French language skills.

Profile (Soft Skills):

• 3 years or more of proven professional experience in Compliance regulatory.
• Focus on quality, drive for results and able to work effectively under pressure.
• Highly organized and details-oriented.
• Strong capacities in analysis, problem solving.
• Good communication and presentation skills.
• Excellent team spirit.

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.