FCC Governance & Controls – Associate Compliance Officer
ING
- Luxemburg
- Unbefristet
- Vollzeit
- Review Financial Crime Compliance alerts escalated by 1st line of defence or other compliance teams, which includes Transactional Monitoring alerts or any other Unusual Activity Reports (atypical cases) or requests for analysis received, in line with prescribed procedures and determine whether transactions occurring are valid Anti-Money Laundering (ML), Terrorist Financing (TF) or Sanctions Evasion risks.
- Handle periodic and immediate Name Screening cases (PEP/TER) and Adverse Media Screening (negative news screening);
- Monitor the queues for alerts for ensuring adequate management of outstanding alerts and prioritization rules;
- Preparing suspicious transaction report & suspicious activity report (SAR) filing;
- Maintaining accurate and concise records of all investigations undertaken including details on the rationale for any decisions made;
- Ensure adequate follow up by 1st line of defence of alerts / cases investigated by FCC Governance & Controls function;
- In close collaboration with colleagues of other compliance teams, promote/enhance the knowledge and awareness with regards to FCC within the organisation;
- Represent the FCC Governance & Controls team in projects, workgroups by coordinating, providing input, defending his/ her position, challenging the discussions and communicating the output to the members of the team;
- Identify key areas for improvement and provide support and guidance to implement good practice;
- Any other associated duties required from time to time to meet the teams mission and targets.
- A work experience in the banking world, with proven knowledge in the FCC domains or equivalent;
- Capacity to understand the main points of risk for the Bank specifically in relation to Customers and transactions and the overall risk tolerance of the Bank;
- Ability to recognize suspicious transactions, investigate risk-based any unusual activity and to prioritize the in-depth reviews;
- Very good knowledge of Excel, Powerpoint, knowledge of other software application is a plus;
- Strong analytical skills, interest for data (analysis) and the way to process them, as well as a keen eye for detail;
- Able to use different communication styles fitting with the need of the (internal) customer, both verbally and written;
- Being able to quickly integrate new concepts, procedures, modifications in the organisation or methodologies;
- Good skill set in the areas of personal effectiveness (i.e. autonomy, team spirit, courage and self-confidence, problem solving & result oriented by delivering as promised within tight deadlines, “hands-on”, good written and oral communication, capable to work in changing circumstances, customer focus and investigative & learning ability).
- A master degree in Law, Economics or equivalent in experience;
- Strong and effective communication skills – fluent in written and spoken English and French.