Compliance Testing & Monitoring Senior Specialist/Analyst (M/F)

Descrição da Empresa

Sofitex Talent Recruitment
Fort d'une expérience de plus de 30 ans dans les Ressources Humaines, Sofitex est un réseau international de Travail Temporaire et de Placement en CDI. Sofitex fonde sa dynamique et son succès sur le professionnalisme de ses équipes, sa forte réactivité et sa proximité.

Descrição do trabalho

For one of our clients located in Luxembourg city center, Sofitex Talent is currently looking for a

Compliance Testing & Monitoring Senior Specialist/Analyst (M/F)

Task description

1) Assist in performing the sample-based testing within the execution phase of the assignment:

·   Reviewing the policy, procedures, guidelines, job aids, etc., and understanding the end-to-end process.

·   Performing an offline review of the sample accounts with the objective of testing the effectiveness of the relevant procedures.

·   Where applicable, ensuring the First Line of Defense (FLOD) controls are effective and operating as designed.

2) Assist in downloading and analyzing data for certain areas where automation is in progress/ not in place.

3) Assist in performing manual validation on sample population(s) for KPIs undergoing automation. This typically includes validation of each step manually in various systems to confirm if the logic identified is accurate[1].

4) Assist in performing weekly analysis/monitoring on reports, such as:

·        identify new medium risk and very high-risk country customers;

·        identify very high-risk country customers, with a high GMV;

·        keep accurate and up to date records of the analysis performed.

5) Assist in completing the Model Validations by gathering & analyzing information in the following (but not limited to) areas within the scope of review:

·   Risk coverage assessment (data analysis);

·   Source system identification;

·   Source to surveillance reconciliation;

·   Critical data elements quality assessment.

6) Assist with compiling data for sanction screening KPI within monthly monitoring report:

·  Download data from the relevant application(s);

·  Apply macros to convert each file into a readable excel format;

·  Populate the monitoring report template.

Perfil buscado

• Bachelor degree.

• Compliance related relevant experience (e.g.: KYC, EDD, investigations, etc.) and/or internal/external audit experience – minimum 5 years.

• Proven understanding and experience with regulations enforced by Commission de Surveillance du Secteur Financier (CSSF) and Financial Action Task Force, Anti-Money Laundering regulations, Know Your Customer (KYC), Enhanced Due Diligence (EDD), Politically Exposed Persons (PEP), Sanctions screening, international AML/CFT standards such as those promulgated by the Bank Secrecy Act/USA Patriot Act.

• Knowledge of (AML) customer risk assessment/risk ranking and how it impacts (AML) operational processes.

• Knowledge of Compliance and AML processes and the ability to work collaboratively with business partners and stakeholders.

• Detail oriented with the ability to analyze large amounts of data or large volumes of documentation to review and ensure the processes and controls are operating effectively and in compliance with related law, policy and/ or procedure.

• Strong writing and communication skills with prior experience drafting policies, procedures, audit reports and management reports.

• Advanced Microsoft Office skills (Excel, Word, PowerPoint) including the use of pivot tables.

• Ability to understand larger picture and environment while operating in focused manner.

• Team player with strong collaborative qualities and a positive demeanor.

This is a great opportunity for an initial 6-month contract, with extensions afterwards

Salary: 65K/annual + meal vouchers