Head of Compliance

Your global mission:

As Head of Compliance, Money Laundering Reporting Officer, and Data Protection Officer, the mission is to protect and enhance the bank’s integrity, reputation, and operational resilience by embedding a strong risk culture rooted in compliance, ethical conduct, and data responsibility across all levels of the organization.

Reporting directly to the CRO, this function operates as a fully independent second line of defence, ensuring rigorous adherence to both Luxembourg’s and the European Union’s regulatory framework. This includes compliance with CSSF regulations, AML/CFT laws, and key EU directives such as MIFID II, GDPR, DORA, and relevant EBA Guidelines.

Areas of responsibilities:

• Identify, assess, monitor, and effectively manage compliance risks across the bank, its branches, and representative offices, ensuring alignment with internal policies and external regulatory requirements.
• Oversee compliance activities within the bank’s subsidiaries, ensuring consistent standards, regulatory alignment, and effective risk control across the group.
• Support the Board of Directors and the Authorised Management in the strategic oversight, governance, and continuous improvement of the bank’s compliance and risk control frameworks.
• Lead the day-to-day operations of the Compliance department, providing continuous guidance and support to all business units to ensure alignment with the bank’s regulatory obligations, internal policies, and defined risk appetite.
• Review and update general compliance policies and procedures in accordance with applicable Luxembourg and EU regulations.
• Promote and embed a strong compliance culture across the organization, fostering awareness, accountability, and ethical conduct at all levels through continuous engagement, training, and leadership support.
• Organize and deliver regular training sessions for staff and management, ensuring ongoing awareness and understanding of compliance obligations, in line with the requirements of the CSSF and other relevant regulatory authorities.
• Perform and enhance the bank’s compliance monitoring framework, including the execution of second line of defence controls and the planning and delivery of thematic reviews, to ensure effective oversight and early identification of compliance risks.
• Conduct an annual assessment of AML/CTF risks, in accordance with Luxembourg legal requirements and the bank’s risk-based approach to financial crime prevention.
• Prepare and present regular reports on compliance-related matters to the Board of Directors and the Authorised Management, providing clear insights into key risks, regulatory developments, and the status of the bank’s compliance framework.
• Act as the primary point of contact with regulatory authorities, including the CSSF and other relevant supervisory bodies, ensuring timely communication, transparency, and effective regulatory engagement.

Experience and skills:

• A minimum of 10 years of experience in the financial sector, including 8+ years in compliance, ideally within the Luxembourg financial ecosystem and in a leadership capacity.
• Deep expertise in KYC and AML practices, with a strong command of the legal and regulatory environment applicable
• Proven ability to define and implement compliance strategy, balancing regulatory expectations with business objectives and risk management principles.
• A high degree of autonomy, strong attention to detail, and excellent prioritization skills at both individual and team levels.
• Strong organizational skills, commitment to deadlines, and the ability to work independently.
• Strong interpersonal and communication skills, with the ability to build effective relationships across all levels of the organization, supported by a well-developed sense of critical thinking and sound judgment.
• Proficiency in Microsoft Office tools.
• Fluency in English and French (written and spoken) is required. Portuguese fluency is considered an asset, though not essential.