Head of AML and Regulatory Management, Luxembourg Branch
Description
We have an exciting opportunity to join our AML and Regulatory Team in the Luxembourg Branch.
About Us
Handelsbanken Luxembourg started its activities in 1978 and is part of Handelsbanken Global Banking. We support the Bank’s customers in the focus markets with their international business. The Branch core business is Private Banking and mortgage lending in Spain, Portugal and France.
We are looking for a Head of AML and Regulatory Management who will report to the General Manager of the Luxembourg Branch.
The main responsibilities will be the following:
-Oversee the AML and Regulatory Function, including Financial Crime Prevention and Business Control.
-Lead and manage a team of four employees.
-Member of the Local Management Committee
-Continuously review the Branch’s internal control environment, identify potential gaps, and implement corrective measures.
-Coordinate the management of AML and regulatory requirements across the Branch’s business operations, including first-line control activities. Review and approve all AML and regulatory-related instructions prior to publication. Ensure effective cooperation with second-line functions (Risk Control and Compliance), third-line assurance (Internal Audit), and External Audit.
-Drive a strong and proactive approach to AML and regulatory matters, ensuring the Branch’s full compliance with Luxembourg regulatory requirements, with particular focus on AML, MiFID, and SFDR obligations.
-Ensure effective first-line business controls and compliance with applicable laws, regulations, and internal policies.
-Act as the Branch’s Privacy Officer and local point of contact for GDPR-related matters.
-Member of the Customer Committee
The Ideal Candidate
-Proven track record in a similar role
-Ability to navigate a changing environment and lead others through periods of change
-Previous experience liaising with relevant regulatory authorities.
-Solid knowledge of private banking products, AML and MiFID regulations
-Solid knowledge of CSSF Circulars applicable to the Branch
-Solid knowledge of GDPR and operational risk-related matters
-Strong written and verbal communication skills
-Proven leadership capabilities
-Fluency in English and French is required; proficiency in a Nordic language is considered an advantage
Development Potential
This high-profile position offers a great opportunity to develop in an international environment. The successful candidate will be expected to contribute to the achievement of the Luxembourg branch’s overall objectives through their expertise and leadership.
Next Steps and Information
How can we support you to be your best self? Our HR team will be happy to provide support e.g. if you need additional time to prepare for an interview or you have any requirements for any part of the interview/hiring process – just let us know.