Requirements: English
Company: Lombard International Assurance S.A.
Region: Sandweiler , Luxembourg
About Lombard International Assurance Lombard International Assurance is a leading Luxembourg-based provider of insurance-based wealth solutions across Europe. A part of Utmost Group, Lombard International''s 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. On 30 December 2024, Utmost Group announced it had completed the acquisition of Lombard International Assurance Holdings Sarl and the company will be fully rebranded to Utmost Luxembourg S.A. by the end of 2025. About Utmost Group plc Utmost Group plc is a leading provider of insurance and savings solutions. Its principal businesses are Utmost international and Utmost Life and Pensions, which together are responsible for 109bn of primarily unit-linked policyholder assets for 5000,000 policyholders, on a proforma basis at HY 2024 following the acquisition of Lombard International Assurance Holding Sarl. Utmost Group plc is subject to group supervision by the PRA. About Utmost International Utmost International is a leading provider of insurance-based wealth solutions. Utmost international operates 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. On a proforma basis at HY 2024 following the acquisition of Lombard International Assurance Holdings Sarl, Utmost International would have managed 103bn of assets under administration on behalf of approximately 210,000 policyholders. Your role Are you ready for a challenge? You will work as a member of the Compliance team with a specific focus on performing and executing the Periodic Review process as part of a dedicated team, with a direct line to the team manager. Your responsibilities will be as follows: Conducting periodic and event driven Enhanced Due Diligence reviews by assessing and analysing existing documentation, ascertain whether further and or new supporting documents are required particularly with regards to source of wealth / source of funds and tax regulations; Performing and documenting risk assessment screening for all related parties, including PEP/sanctions and adverse media; In the role of Specialist: Identifying missing or outdated client information by performing 4 eyes check/quality assurance review to ensure all information on the policy is accurately reflected in the profile. This includes providing feedback to 1st reviewer; Contributing to the implementation of the Periodic Review/Remediation and advice on improvements that can be made in due course to the process; Performing AML and CTF investigations; Assisting in the preparation of suspicious transactions review and reporting; Supporting the Transaction Team in applying Enhanced Due Diligence during peak periods and submit High Risk assessments in a timely manner, if needed; Acting as point of contact for the first line of defence in regards to anti financial crime related matters and ensuring the team is taking actions in collecting the necessary documentation; Working on close and continuous collaboration with other team members and stakeholders to achieve joint objective. Your profile Have you got what it takes to become our Financial Crime Compliance Analyst/Specialist? 3 -5 years'' experience in a Compliance or Audit function, preferably in the banking or insurance sector; Knowledge of the Luxembourg AML laws, rules and regulations, or of another EU Member state; Proactive, flexible and able to work in a fast paced, demanding environment; Rigorous and detail oriented; Fluent in English; any other European language will be considered a strong asset; Enthusiastic team player and self-motivated; Good analytical skills with a high degree of initiative, planning and organisational skills; Ability to balance legal requirements with the commercial aspects of the business. We offer you Sitting at the crossroads of private banking, asset management and insurance, we operate in a well-established and fast-growing segment of the financial services industry. We offer a thriving and entrepreneurial work environment, with the opportunity to work across multiple geographies, learn valuable new skills, develop great expertise, and establish long-lasting relationships. It is an exciting opportunity to build a network of contacts across the organisation in a collaborative and diverse workplace. Our Luxembourg office is home to a diverse team of over 50 nationalities and we are always looking for exceptional talent to join our team. Because our people are our greatest assets, you will enjoy reward and recognition packages. We also offer you the possibility to shape your professional career in line with your own goals and the opportunity to work with the top talent in the industry. We are committed to extending equal employment opportunities