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.
One of the key elements of the Financial Crime Prevention (FCP) mission is the in-depth knowledge of its clients, both at the onboarding level and during its follow-up, by carrying out independent analysis in order to protect the assets, the reputation of the Bank and to ensure compliance with regulatory requirements relating to money laundering and the financing of terrorism.
The profession of Financial Crime Prevention Analyst requires deep regulatory knowledge, strong interpersonal skills, and particularly an investigative spirit with a good understanding of banking activities, great curiosity, a strong personality as well as awareness of the various risks to be managed (AML/CTF risk, non-compliance risk, media risk, tax risk, etc.).
You will report directly to the Head of the FCP team within the Compliance department.
What will you do ?
- Conduct the analysis of account opening files for customers presenting a medium and high-risk in terms of AML to ensure their compliance with the procedures and regulations in force
- Collect and review data to present a clear overview of the risks triggered by prospective clients
- Where necessary, request additional/supporting documents to corroborate the information obtained
- As part of the periodic review of files, review and validate the analysis carried out by the First Line of Defense for files presenting a high level of risk, both in terms of KYC and KYT
- Advise, train and support our sales teams in the fights against money laundering, the financing of terrorism and for tax transparency
- Perform regular regulatory watch at both national and international levels
Your skills:
You have :
- Master's Degree (Bac + 4/5) or equivalent in Law, Finance or Economics
- At least 3/5 years of proven experience in the banking industry within a Compliance, Audit, Risk department or any other previous employment relevant to the function
- In-depth knowledge of the AML/KYC regulatory framework and environment in Luxembourg
- Ability to summarize and communicate in a concise manner with other stakeholders, including management, on complex issues and recommend next steps
- Ability to work under pressure and meet tight deadlines
- An excellent command of written and spoken French and English, knowledge of Luxembourgish will be considered as an advantage
- Integrity and absolute discretion
You are:
- Curious, with a great analytical and investigative spirit
- Rigorous, goal-oriented and able to work autonomously
- Available and flexible
- Dynamic and display great team spirit
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.