Senior Compliance Specialist

Job Description
Senior Compliance Officer - Regulatory Affairs (PFS Environment)
CSC, Luxembourg
Full time (40h/week), Hybrid
The main objective of the Senior AML/Compliance Officer is to prevent, by all reasonable means, the occurrence of AML/CFT risks (including risks of legal or regulatory sanction, financial loss or damage to the reputation of CSC Luxembourg.
Compliance aims at stimulating, monitoring and controlling the observation of laws, regulations, internal rules - including the CSC Principles of Business Conduct - and ethical standards that are relevant to the integrity and, hence, to the reputation of CSC.

• Analysis and assessment of onboarding documentation for high-risk prospective clients, prepared for the Local Acceptance Committee, including the identification of AML/CFT risks.
• Drafting written compliance advice and preparing notes/minutes for Local Acceptance Committee meetings concerning high-risk prospective clients.
• Review of periodic file reviews performed by the First Line of Defence ("FLOD") for high-risk clients.
• Review and assessment of escalated high-risk transactions.
• Review and assessment of escalated high-risk investors.
• Active participation in team meetings, including sharing experience and knowledge, addressing critical matters, and recommending process improvements.
• Ongoing monitoring of new regulations, laws, circulars, and industry publications, and proactive dissemination of relevant updates.
• Providing guidance and support to Compliance Officers and Junior Compliance Officers.
• Sharing new practices and developments in the compliance field and promoting a strong compliance culture and awareness across CSC.
• provide training to new joiners: teach and contribute to trainings and/or update on training materials.

1. Support to the Senior Compliance Manager

• Preparation of reports on reviews performed, key findings, and required follow-up actions for inclusion in the quarterly report to the local management team, the Head of Compliance, and the RC.
• Execution of key AML controls, including blacklist and PEP screening, assessment of the completeness and quality of KYC files, staff training oversight, and review of client files.
• Assessment of escalations from the First Line of Defence and drafting of alert reports for potential SAR/STR filings to the FIU when required.
• Provision of support during internal and external audits, including responding to queries and supplying requested documentation.
• Assistance with due diligence questionnaires and participation in due diligence meetings.

1. Profile

• Education: University (min. BAC+4) Degree in law or economics and finance
• Have perfect English language skills, with French and German considered to be an asset
• Have subject matter expertise in AML regulations covering Luxembourg, other European jurisdictions, and the US.
• Good understanding of the range of fiduciary services offered in the Funds and domiciliation industry
• Proven excellent interpersonal skills, liaising with the business and with compliance
• Demonstrated effective communicator skills
• Experience working within a compliance function for at least 3 years
• Good time management and ability to work under pressure
• Must be committed and driven to achieving excellence
• Strong personality to challenge anyone about any action in an appropriate and balanced manner
• Team Player with Hands-on and proactive approach

About Us
At CSC®, we're always looking ahead, finding ways to improve and anticipate the future needs of our customers. Curiosity fuels our innovation and productivity drives our results. This proactive mindset has helped us adapt and create solutions that have enabled businesses to run smoother and smarter for more than 120 years.
CSC is committed to attracting, developing, and retaining talented people whose personal values align with ours. We empower our employees to bring the right solutions to market to meet customer demand. That is why we are the premier provider of global solutions for more than 180,000 businesses.

• CSC is a great place to work with smart and dedicated people.

• We have been voted a Top Workplace every year since 2006.

• We offer challenging work and career opportunities. Most positions are filled with internal moves and employee referrals.

• Employees are eligible for success sharing, bonus, or commission plans based on role and individual performance.

• CSC offers a competitive and comprehensive benefits package as part of your Total Rewards that includes annual leave, tuition reimbursement, employee referral bonuses, and more.

When applying for this role, please note that additional background checks may be carried out and an original of your criminal record (n*3) may be requested as evidence of integrity justified with regard to the specific needs of the position to be filled.
About the Team
At CSC®, we're always looking ahead, finding ways to innovate, challenge the status quo, and anticipate the needs of our clients. We exceed expectations by adapting client ambitions and goals as our own. This Fierce Client Spirit has helped us adapt and create solutions that have enabled businesses to run smoother and smarter for more than 125 years. It's also the reason we're the trusted partner of many of the world's most successful organizations.
CSC is committed to attracting, developing, and retaining talented people whose values align with ours. We empower our colleagues to bring the right solutions to market to meet client demand. That's why we are the leading provider of business administration and compliance solutions.

• CSC is a great place to work with smart and dedicated people.
• We have won several employer recognition awards, including Top Workplace USA, Great Places to Work India, and Built In's Best Places to Work.
• We offer fulfilling work and career opportunities. Most positions are filled with internal moves and employee referrals.
• Employees are eligible for Success Sharing, bonuses, or commission plans based on role and individual performance.
• CSC offers a competitive and comprehensive benefits package that includes annual leave, tuition reimbursement, referral bonuses, and more.
• As business needs allow, CSC offers hybrid or remote work schedules in alignment with local regulations. Specific details for this position will be discussed during the interview process.