Financial Crime Compliance Analyst
Utmost Sandweiler, Luxembourg, Luxembourg
Insurance · 1,001-5,000 employees
About the role
The analyst is responsible for monitoring SAS system alerts, conducting AML and CTF investigations, and performing due diligence on high-risk clients. They also assist in the design and maintenance of AML procedures and provide guidance to the business on compliance matters.
What they look for
Requirements
Candidates must have experience in AML and CTF within the banking or insurance sector, along with knowledge of Luxembourgish or EU AML regulations. Strong analytical, communication, and organizational skills are required, as well as fluency in English and French or another European language.
Full description
About Utmost International
Utmost International is a leading provider of insurance-based wealth solutions operating across the UK, Europe, Latin America, Asia, and the Middle East. Its solutions are largely based on unit-linked insurance policies, serving the needs of affluent, high net worth (HNW), and ultra-high net worth (UHNW) individuals.
About Utmost Luxembourg S.A.
Sitting at the crossroads of private banking, asset management, and insurance, we operate in a well-established and fast-growing division of the financial services industry. Our dynamic international team of 450+ experienced wealth structuring specialists, subject-matter and technical experts consists of 50 different nationalities, speaking over 30 languages.
We are a diverse and inclusive organisation driven by a values-based culture that promotes excellence, ambition, and innovation. We invest in talented teams who develop their expertise, curated through support and training, and fostered through a people centred culture. Our people truly are our greatest asset!
Your role – Are you ready for a challenge?
The Financial Crime Compliance Analyst is responsible for daily alerts monitoring and investigations.
Your responsibilities will be as follows:
- Daily monitoring of SAS system alerts on client screening and transactions monitoring;
- Performing AML (Anti-Money Laundering) & CTF (Counter Terrorist Financing) investigations;
- Finalising quarterly reporting of the SAS alerts;
- Conducting daily due diligence reviews for high-risk clients and partners;
- Being a point of contact for Customer Operations & Sales teams;
- Assisting in the preparation of suspicious transactions review and reporting;
- Assist on training and awareness initiatives, advice and guidance to the business on AML matters;
- Assisting in AML & CTF related projects of the department;
- Assisting in the design, implementation and maintenance of robust AML procedures and controls.
Your profile – Have you got what it takes to become our Financial Crime Compliance Analyst?
- You have valid experience in AML & CTF, in the Banking or Insurance sector, preferably with the experience of handling client screening and transactions monitoring alerts;
- Knowledge of the Luxembourg AML laws, rules and regulations; or of another EU member state;
- Ability to balance legal requirements with the commercial aspects of the business;
- Excellent analytical skills with a high degree of initiative, planning and organisational skills;
- Strong communication, presentation and influencing skills, with ability to express opinion to internal and external customers;
- Enthusiastic team player and self-motivated;
- Able to cope with pressure and tight deadlines in a fast-paced environment;
- Fluent in English and French, or any other European language.
As an equal opportunity employer, all qualified applicants will receive consideration for employment without regard to gender, colour, religion, sexual orientation, national origin, disability status, protected veteran status, or any other characteristic protected by law.
Given the sensitive nature of our business, industry sector and the role as described, the selected candidate is required to provide a criminal record (Bulletin n°3 for Luxembourgish residents). This excerpt will be kept by Utmost Luxembourg S.A. in compliance with article 8-5 (2) of the law of 23 July 2016 and for no longer than one month from the conclusion of the employment contract; otherwise, it will be destroyed without any undue delay should the candidate not be hired.
Utmost Luxembourg S.A. is aware of its obligations under the General Data Protection Regulation (GDPR) and is committed to processing your data securely and transparently.
Our Recruitment Privacy Notice is in line with GDPR and provides more information with regards to the types of data that we collect and hold on you as a job applicant, including for the performance of Background Checks. It also sets out how we use that information, how long we keep it for and other relevant information about your data. For full details please click here Recruitment Privacy Statement
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