Senior KYC AML Officer- M/W

Permanent contract|Luxembourg|Banking operations processing

Senior KYC AML Officer- M/W

  • Luxembourg, Luxembourg (country)
  • Permanent contract
  • Banking operations processing


Mission: The Senior KYC/AML Officer is part of the Oversight team and reports to the Manager of the Fund Life Cycle & Oversight Team. The Senior KYC/AML Officer’s primary task is to be the main point of contact for the resolution of complex know your customer (KYC)/anti-money laundering (AML) cases and perform oversight on the India Team

Tasks and responsibilities:

  • Assess which KYC documentation is necessary to perform the identification of complex entities in accordance with the current regulatory requirements
  • Process AML/KYC assessments in relation to Account Opening or Account Maintenance within the applicable deadlines
  • Track pending AML /KYC documentation per investor account and per fund promoter
  • Review and respond to AML related queries across all clients within agreed timeframes
  • Run, review and update AML reports and provide these reports to Clients/Investors
  • Maintain AML/KYC procedures up to date as well as contribute to the setup of the AML/KYC Guidelines
  • Contribute on and prepare/discuss AML reviews, plus any audit related exercises (e.g. Long Form Report, Internal/External audit, QA etc.) as required by Compliance and by the business
  • Support TA on complex account and/or payment related queries
  • Liaise with Compliance Officers of clients in case of escalation (MANCOs)
  • Explain regulatory requirements to internal and external counterparties
  • Hold regular training sessions with teams in terms of the regulatory environment, should there be significant changes to the regulatory environment
  • Provide effective support for employees of the Transfer Agent and Compliance
  • Hands internal and external requests as quickly as possible
  • Provide guidance to the India Team, with an aim to ensure the Team is autonomous on Medium and High Risk cases
  • Provide suggestions and participate in the implementation of best-practices and efficient ways of working
  • SOPs & Procedures, Contribute to Global Project where required

Profile required

Operational skills                                                           

  • Advanced level of English
  • Intermediate level of French
  • Any other language would be an asset
  • At least 5-7 years’ experience of managing KYC/AML aspects
  • Local anti-money laundering laws, rules and regulations, in particular circulars and laws issued by the CSSF as relates to AML/CFT
  • Proven knowledge of regulatory requirements and an ability to translate them into operational/process requirements.
  • Compliance, AML and data privacy experience or other related experience, e.g. legal, risk management, audit, GDPR etc.
  • Good knowledge of the European and Luxembourg AML
  • Strong organization skills and quality focused
  • Strong analytical and communication skills - oral, written and presentation

Behavioral skills

  • Proactive and communicative with an ability to take initiative and assume responsibility
  • Goal and solution oriented behavior
  • Conscientious and accurate working attitude
  • To be respectful towards procedures and internal policies
  • Team player mentality along with a detail-oriented, proactive approach to work
  • Open-minded and capable of building productive working relationships
  • Ability to work in partnership with the larger Compliance group

  • Position submitted to MIFID 2

Why join us

Société Générale Luxembourg is a multi-category bank offering every employee the possibility to have several careers in a professional career path. Internal mobility and training are two core areas we focus on, in a dynamic, prosperous and evolving context.

Our Recruitment process:

The short-listed candidates will be invited to perform a reasoning test, a personality questionnaire and to one or more face to face interviews in order to discuss about their experience, skills and values. In order to finalize the recruitment process, the selected candidate will have to present a certain number of supporting documents before his integration (copy of diplomas, proof of previous jobs, and possibly an extract of the criminal record (bulletin n ° 3 for the Grand Duchy of Luxembourg).

Business insight

We offer our employees a working environment adapted to the evolution of the business lines; this translates in two key words: remote working & agility (depending on the department).

“Building together, with our clients, a better and sustainable future through responsible and innovative financial solutions”.
Our CSR strategy is at the heart of our DNA and the Group wishes to position itself as one of the key players in the fight against climate change by supporting customers in their energy transition. In Luxembourg, our international environment offers us tremendous diversity within our teams, for which we guarantee equal opportunities.
Our open-innovation lab #Leplateaulux, in connection with the Luxembourg innovation ecosystem, allows our employees to benefit from proximity with external start-ups and internal project developers.

Société Générale Securities Services (SGSS), the Securities business line of Société Générale Group, is one of the main Administration and Custody actors for mutual funds in Luxembourg. We offer a complete range of services for institutional clients: liquidity management, compensation, depositary and conservation services, funds administration and asset servicing, transfer agent and issuer services.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 24000FGL
Entity: SG Luxembourg
Starting date: immediate
Publication date: 2024/06/07