Senior Compliance Officer (German speaking)

About the role

We are seeking a Senior Compliance Officer to join a leading financial institution in Luxembourg on a permanent basis. The role requires fluency in German and a strong background in compliance, AML/CFT, and regulatory frameworks within the banking or asset management sector.

Key responsibilities

• Develop, implement and continuously improve the Compliance and AML/CFT framework.
• Monitor regulatory developments (CSSF, MiFID II, DORA, MAR, AML Package) and ensure timely implementation.
• Review, update and strengthen internal policies, procedures and control frameworks.
• Design, execute and enhance the Compliance Monitoring Plan.
• Prepare compliance reports for senior management and governance committees.
• Maintain compliance documentation, registers and ensure regulatory obligations are met.
• Participate in regulatory inspections, internal and external audits.
• Provide practical compliance and regulatory advice to business teams.
• Oversee AML/KYC activities including CDD, EDD, UBO identification, PEP and sanctions screening, and transaction monitoring.
• Identify compliance risks and recommend corrective actions.

Required profile

• Minimum 5 years of compliance experience in a bank, investment firm, asset manager or similar financial services institution.
• Proven experience developing and maintaining a Compliance Monitoring Plan.
• Strong knowledge of AML/KYC processes and related regulatory requirements.
• Professional proficiency in both English and German.

Required skills

• AML/CFT processes
• Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD)
• UBO identification
• PEP and sanctions screening
• Transaction monitoring
• Compliance monitoring plan development
• Regulatory reporting for MiFID II, DORA, MAR