Anti-Money Laundering Compliance Monitoring Officer (M / F)

Founded in 1856, Banque Internationale à Luxembourg is the oldest multi-business bank in the Grand Duchy. From its foundation, the BIL has always played an active role in the development of the Luxembourg economy. It currently operates in retail, private and corporate banking, as well as on major capital markets. Employing more than 2 000 people, BIL is present in the financial hotspots that are Luxembourg, Switzerland, and China.

As a major player in Luxembourg's finance industry and as a signatory of the UN Principles of Responsible Banking, BIL is committed to handing over a responsible and sustainable bank to future generations.

Your next challenge :

The AML Compliance Monitoring Officer plays a crucial role in managing and maintaining an organization's obligations related to the supervision and reporting of money laundering activities.

Here are some of the key responsibilities :

• Manage and execute the second-line monitoring controls and assessment program for AML / CTF.
• Collaborate on compliance initiatives and programs to meet regulatory obligations.
• Ensure compliance with the regulatory framework.
• Conduct detailed investigations of AML / CTF situations, incidents or cases.
• Interacts with several departments of the banks to ensure that requirements are properly understood and reflected in procedures and processes.

Your skills :

A good understanding of anti-money laundering (AML) laws, regulations, and guidelines is crucial.

Ability to assess risks related to money laundering and terrorist financing.

Develop risk-based approaches to identify and mitigate AML risks within the organization.

Proficiency in conducting thorough investigations into suspicious transactions or activities.

Analyze patterns, anomalies, and red flags to detect potential money laundering.

Effective communication skills to work with various stakeholders, including internal teams, law enforcement, and regulatory bodies.

Collaborate with other departments (such as operations) to ensure AML compliance.

Ability to work in project mode and to report in an effective manner.

AML compliance involves meticulous analysis, record-keeping, and reporting skills.

Attention to detail is essential to identify irregularities and potential risks.

Rigorous follow-up of control results and corrective actions.

Familiarity with AML software tools and databases.

Familiarity with Microsoft tools and especially Excel and PowerPoint.

Ability to analyze large volumes of data to identify suspicious patterns.

AML officers often encounter complex situations where ethical judgment is required.

Balancing compliance requirements with business needs and customer relationships is essential.

AML regulations evolve, and staying up-to-date is crucial.

Attend training sessions, conferences, and workshops to enhance knowledge.

BIL offers a broad range of challenging projects and a huge choice of career paths .We will assist you in finding the one that best meets your skills and expectations. Your personal development is our priority and we greatly encourage you to dive into different business areas for the broadest possible experience.

BIL is firmly of the opinion that diversity & inclusion contribute towards increasing the collective performance of the Bank. We are committed to creating a culture of inclusion that encourages individual development with equal opportunities for all.

NB : The selected candidate will be asked to provide an extract from the criminal record (no.3) as evidence of integrity and justified with regard to the specific needs of the position to be filled. Other documents will be collected, to the extent legally permitted, to perform background checks.