Risk and Internal Controls Officer

Company Information

Our client is an international financial services company headquartered in Luxembourg, operating in a highly regulated environment. The group is recognized for its innovative approach and its strong focus on governance, compliance, and risk management.

The Luxembourg office plays a key role within the group’s European operations and collaborates closely with global teams. The company fosters a dynamic, multicultural, and collaborative workplace, where professionalism, integrity, and continuous improvement are central values.

Responsibilities

• Develop and enhance the internal risk management system, ensuring policies and procedures are in place for:
• Risk identification and assessment
• Risk appetite and risk matrix
• Risk monitoring and reporting (including Key Risk Indicators)
• Risk management policy
• Cover the complete risk spectrum, including (but not limited to):
• Credit risk, ICT risk, operational risk, reputational risk, liquidity risk, market risk, FX risk
• Oversee outsourced functions, including methodology development and implementation.
• Review, document, and evaluate internal controls.
• Support automation of controls and provide business solutions to align with operational needs.
• Monitor the regulatory control environment (including GDPR and data privacy), identify improvements, and provide advice to management for consistent application of policies.
• Proactively identify shortcomings in the risk and control framework, update policies and procedures to align with regulatory requirements and industry standards.
• Report findings and updates to senior management and the Board of Directors.
• Collaborate with global teams to ensure consistency of approach across regions.
• Participate in both internal and cross-border projects to ensure alignment and coordination across the group.
• Perform other risk-related duties as needed

Profile

• Degree in Finance, Economics, Risk Management, or a related field.
• Proven experience in risk management, internal controls, or compliance (preferably in financial services or regulated industries).
• Strong knowledge of risk frameworks and regulatory requirements (GDPR, AML, etc.).
• Analytical mindset with the ability to identify, assess, and mitigate risks.
• Excellent communication skills, both written and verbal, in English (French or German is a plus).
• Ability to work independently while collaborating with cross-border teams.

What’s Offered

• An international and dynamic working environment.
• Exposure to a wide variety of risk areas and business processes.
• Opportunities to work on both local and global projects.
• Competitive salary package with benefits.