Palana
AML/CTF Advisory - Senior Associate/Assistant Manager/Manager
PalanaLuxembourg1 day ago
Full-timeOther
Bertrange, Luxembourg

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As a member of Palana, you will join a dynamic and fast-growing advisory firm delivering high-quality regulatory and operational services to ManCos, AIFMs, Investment Firms, Banks, Asset Servicers, PSF and other entities under CSSF and AED supervision. You will work closely with senior executives (RCs, Compliance Officers, Conducting Officers, Boards) to help them navigate increasingly complex AML/CTF requirements and supervisory expectations in Luxembourg.

In this role, you will take the lead on high-impact AML/CTF advisory assignments, such as independent AML/CTF framework reviews, business-wide risk assessments, control testing, oversight of outsourced AML tasks, and regulatory interpretation. You will analyse clients’ AML set-ups, identify weaknesses, design improvements, and provide clear, pragmatic recommendations that can be implemented across organisations.

You will play a key role in structuring and strengthening the AML governance and oversight model for our clients, ensuring alignment with CSSF and AED expectations. This includes assessing onboarding processes, transaction monitoring, name screening, suspicious activity reporting workflows, and the governance around the RC/RR.

You will also contribute to Palana’s internal expertise by drafting methodology notes, preparing training content, supporting business development, and helping shape our AML service offering. As a Manager or Senior Manager, you will supervise junior consultants, guide them through complex tasks, and ensure high-quality client deliverables.

Success in this role requires strong analytical capabilities, excellent writing skills, and the ability to translate regulatory requirements into concrete, operational solutions. You will operate within an entrepreneurial, collaborative and client-facing environment, enjoying autonomy, varied assignments, and direct exposure to decision-makers.

Customer Relationship

Personal Evolution

Autonomy

Administrative Work

Technical Expertise

Responsibilities

  • Regulatory Health Checks & Impact Assessments – Lead or deliver independent reviews, gap analyse and impact assessment assessments of AML/CTF framework for entities under CSSF and AED supervision
  • Regulatory Watch & Interpretation – Analyse upcoming regulations, including AMLR, AMLA, revised AMLDs, CSSF regulations and AED circulars, and assess their impact on clients
  • Controls & Oversight Frameworks – Develop, implement, and challenge RC Control framework and oversight framework
  • Training & Internal Expertise – Deliver impactful AML/CTF training to clients and produce internal guidance notes, methodology papers and thought leadership
  • Compliance Advisory – Deliver clear, business-oriented advice on complex compliance topics, supporting senior stakeholders
  • Client & Project Management – Manage multiple projects, ensuring timely, high-quality delivery and effective coordination with client representatives
  • Leadership & Coaching – Supervise and mentor junior colleagues, fostering a collaborative and high-performance culture

Must Have

  • Bachelor/Master Degree or Higher in Law, Economics or Business
  • 3 to 6 years of experience in AML/CTF within consulting, compliance, legal, audit or second line of defence roles
  • Strong knowledge of Luxembourg AML/CTF laws, CSSF regulations and circulars, AED guidelines and supervisory expectations
  • Perfect written English and communication as well as presentation skills
  • Knowledge of Microsoft Excel, Word and PowerPoint; familiarity with project management tools and openness to digital/AI-driven solutions
  • Highly creative and autonomous, appetite to learn, great team player
  • Proactive, "can-do" attitude and thrive on taking ownership to see tasks through to completion
  • Organisational capacity managing tasks and deadlines in a structured and efficient way
  • Strong problem-solving abilities, a keen eye for detail, and the capability to break down and communicate complex tasks in a straightforward, practical way
  • Valid work permit for Luxembourg
  • German and/or French language skills

Nice to have

  • Additional European languages
  • Project management skills
  • Technology savviness

What's great in the job?

  • Great team of smart people, in a friendly and open culture
  • Important learning and development opportunities: expand your knowledge of complex topics in the European Center for investment funds and investment products of all asset classes
  • Real involvement and challenges in a fast evolving company where inclusion, team spirit, personal development, technology to facilitate your work, client service quality and sustainability are part of the core foundations
  • No waste of time in enterprise processes, real responsibilities and autonomy combined with lots of coaching and help from experienced team mates
  • No micro-managers, very flat hierarchy where everyone is involved in defining the company's future in a flexible work environment

Our company

Discover Palana

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What We Offer

Each employee has a chance to see the impact of her/his work. You can make a real contribution to the success of the company and influence its future.

Start-up mindset with focus on, and impactful results in, client satisfaction and personal development.

Package

A flexible or full-time position

Attractive And Complete Package Including Additional Benefits

Trainings

Extensive coaching by senior experts and on the job learning

Tailor-made training and certification plan

Office environment

A great and colourful workplace, in a campus offering many services: daycare, conciergerie, employee restaurant, social events, etc.

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