Our Company
EFG International is a global private banking group, offering private banking and asset management services. We serve clients in over 40 locations worldwide. EFG International offers a stimulating and dynamic work environment and strives to be an employer of choice.
EFG is committed to providing an equitable and inclusive working environment that is founded on the principle of mutual respect. Joining our team means experiencing a supportive environment, where your contributions are valued and recognised. We strongly believe that the diversity of our teams gives us a competitive advantage by fostering better decision-making and greater innovation.
Our Purpose and Mission
Empowering entrepreneurial minds to create value – today and for the future.
We are a private bank, offering personalised solutions on a global scale to private and institutional clients. Our sustainable success is based on our talents and on how we partner with our clients and communities to create lasting value.
Job Description
Our Financial Crime Compliance Department in Luxembourg is looking for an experienced Senior Compliance Officer able to deal with complex clients.
Main Responsibilites
- Prepare comprehensive compliance analysis and recommendations for account opening of new and existing accounts for individuals and legal entities / arrangements; assessment of the KYC for AML, sanctions and other financial crime risks, ensuring accuracy, completeness, and plausibility;
- Perform comprehensive and holistic periodic review of relationships including various structures, ensuring up-to-date due diligence and risk classification, analysis of the flow of funds and consistency with KYC information;
- Develop, Involvement in the implementation, and maintenance of the local FCC policies and procedures in line with applicable laws (e.g., CSSF regulations) and best practices.
- Perform AML/CFT risk assessments and support the development of risk-based controls and monitoring tools.
- Assess clients’ tax transparency risk, including FATCA and CRS forms and related elements;
- Investigate suspicious transactions and activity, prepare internal reports, and submit SARs/STRs and / or communications with the Luxembourg authorities.
- Provide advisory support to front office and other departments on FCC-related matters.
- Monitor regulatory developments and ensure timely updates to the bank's FCC framework.
- Involvement in the delivery of FCC training to staff to ensure awareness and compliance across the organization.
- Support internal audits and regulatory examinations relating to financial crime compliance.
Skills and experience
- 2 - 5 years prior experience in compliance roles in the Financial Crime Compliance areas with strong knowledge of industry protocols and best practice;
- Good knowledge and understanding of current sanctions regulations;
- Excellent analytical skills and ability to accurately interpret complex documents (trusts, corporate structures, Foundations) and policies to identify and mitigate risks and perform assessments;
- Professional English is required. French or German is considered an asset.
- Ability to work independently and collaboratively within a team.
- Familiarity with AML and sanctions screening systems and tools.
- High level of integrity, discretion, and attention to detail.
- Must be a good communicator, resolve conflict and capable of expressing oneself clearly both speaking and in writing;
- Possess a collaborative personality and be open to suggestions;
- Ability to work under pressure to meet tight deadlines;
- Strong time management and organizational skills.
Our Values
- Accountability: Taking ownership for tasks and challenges, as well as seeking continuous improvement
- Hands-on: Being proactive to rapidly deliver high-quality results
- Passionate: Being committed and striving for excellence
- Solution-driven: Focusing on client outcomes and treating clients fairly with a risk-aware mindset
- Partnership-oriented: Promoting collaboration and teamwork. Working together with an entrepreneurial spirit.