Role: Head of Compliance Luxembourg
Location: Luxembourg
Reports to: Group Head of Compliance and CEO
A prominent European bank is searching for a new Head of Compliance. Encompassing both Regulatory and Financial Crime Compliance, the responsibility of this individual will be to guide the company to success, navigating a complex and ever-changing regulatory environment.
The Role:
- Develop and enhance the Compliance function, ensuring strong compliance knowledge, to allow the company to thrive in a compliant environment
- Making risk based decisions in line with the regulatory environment
- Effectively manage a team to support the business at all times and to remain focused and motivated
- Implement the Group Compliance strategy, escalating to a group level any issues that arise locally
- Oversee and ensure client conduct in line with MIFID
- Take part in the Product Approval Committee
- Inspect compliance tools, making recommendations for improvements when they are no longer fit for purpose
The Candidate:
- Minimum 10 years of experience managing a compliance function
- Deep knowledge of Luxembourg rules and regulations and how to best manage their implementation
- Confident and comfortable communicating with teams and individuals across all hierarchical levels
- High ethical value system and strong attention to detail
- Ability to problem solve and provide consistent oversight of standards
- Excellent written and oral English skills, other European languages are a benefit
