Job Summary Table of Due Diligence Officer/Operator (m/f)

Job Description Summary

Are you passionate about financial compliance and eager to start your career in the heart of Europe’s financial hub? We’re seeking a detail-oriented Due Diligence Officer/Operator to join our dynamic team in Luxembourg. This role offers an excellent opportunity to dive into the world of financial regulation and compliance, working with cutting-edge tools and methodologies to ensure the integrity of our financial operations.

Responsibilities

• Collect comprehensive data and produce accurate KYC (Know Your Customer) forms
• Conduct thorough searches for adverse information on clients and potential business partners
• Process and analyze Sanctions and PEP (Politically Exposed Persons) alerts with precision
• Verify consistency with the provisions of FATCA (Foreign Account Tax Compliance Act), AEOI (Automatic Exchange of Information), and MiFID (Markets in Financial Instruments Directive)
• Perform relationship scoring to assess and categorize client risk levels
• Collaborate with cross-functional teams to ensure compliance with international financial regulations
• Stay updated on the latest regulatory changes and implement new compliance procedures as needed
• Contribute to the development and improvement of due diligence processes and tools
• Prepare detailed reports on due diligence findings for management and regulatory bodies
• Participate in ongoing training to enhance skills and knowledge in financial compliance

Benefits and Perks

• Competitive salary commensurate with experience and qualifications
• Comprehensive health insurance coverage
• Generous paid time off policy, including vacation days and personal days
• Professional development opportunities, including training programs and industry certifications
• Modern office space in the heart of Luxembourg’s financial district
• Collaborative and inclusive work environment
• Opportunity to work with cutting-edge compliance technologies
• Regular team-building activities and social events
• Potential for career advancement within a growing financial institution

Company Overview

Our organization is a leading player in Luxembourg’s thriving financial sector. With a commitment to integrity, innovation, and excellence, we provide a wide range of financial services to clients across Europe and beyond. Our team of experts works tirelessly to ensure compliance with international regulations while delivering top-notch financial solutions to our diverse clientele.

Company Culture

At our core, we believe in fostering a culture of continuous learning, collaboration, and ethical conduct. We encourage our employees to think critically, share ideas, and take initiative in improving our processes. Our open-door policy ensures that every team member’s voice is heard and valued. We celebrate diversity and believe that a variety of perspectives leads to better decision-making and innovative solutions.

Career Growth Opportunities

Joining our team as a Due Diligence Officer/Operator is just the beginning of an exciting career journey. We are committed to nurturing talent and providing clear pathways for professional growth. As you gain experience and demonstrate your capabilities, you’ll have opportunities to:

• Advance to senior compliance roles
• Specialize in specific areas of financial regulation
• Take on leadership positions within the compliance department
• Participate in international projects and cross-border initiatives
• Contribute to industry working groups and regulatory forums

Diversity, Equity, Inclusion, and Belonging

We are proud to be an equal opportunity employer that values diversity in all its forms. Our commitment to creating an inclusive workplace goes beyond mere compliance; it’s an integral part of our organizational DNA. We actively seek out diverse perspectives and experiences, believing that this diversity strengthens our team and enhances our ability to serve our global client base.

Equal Opportunity Statement

Our company is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.

Remote Work Policy

While this position is primarily based in our Luxembourg office, we understand the importance of work-life balance. We offer flexible working arrangements, including the possibility of occasional remote work, subject to role requirements and management approval. Our state-of-the-art IT infrastructure ensures seamless connectivity and collaboration, whether you’re in the office or working remotely.

Application Process

1. Submit your application through our online portal, including your CV and a cover letter
2. Initial screening of applications by our HR team
3. First-round interview with the Compliance Manager
4. Skills assessment related to due diligence and financial regulations
5. Final interview with the Head of Compliance and a member of senior management
6. Reference checks and background verification
7. Job offer and contract negotiation

Application Deadline

We encourage interested candidates to submit their applications as soon as possible. While we review applications on a rolling basis, we aim to fill this position within the next 4-6 weeks.

How to Apply

To apply for this exciting opportunity, please visit our careers page and submit your application through our online portal. Ensure that your CV and cover letter highlight your relevant experience, skills, and passion for financial compliance.

Social Media Links

Stay connected with us and learn more about our company culture:

• LinkedIn
• Twitter
• Facebook

FAQs or Additional Information

Q: Is knowledge of Luxembourg’s financial regulations required?

A: While familiarity with Luxembourg’s financial landscape is beneficial, we provide comprehensive training on local regulations. A strong foundation in international financial compliance (e.g., FATCA, AEOI, MiFID) is more crucial.

Q: Are language skills other than English and French required?

A: English and French are the primary languages required for this role. However, additional European languages, particularly German or Luxembourgish, would be considered an asset.

Q: What career progression can I expect in this role?

A: Our organization offers clear career paths within the compliance department. High-performing individuals can progress to senior due diligence roles, specialized compliance positions, or even management tracks within 2-3 years.

Q: Is there a probation period for this position?

A: Yes, we typically have a 6-month probation period, during which both the employee and the company can assess the fit and performance.

Q: What is the typical work schedule for this role?

A: The standard work week is 40 hours, usually from Monday to Friday. However, flexibility may be required during busy periods or for specific projects.

Remember, in the fast-paced world of financial compliance, every day brings new challenges and opportunities for growth. If you’re ready to embark on an exciting career in due diligence and financial regulation, we encourage you to apply today. Join us in safeguarding the integrity of the financial sector and building a more secure economic future for all!

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