EDOUARD FRANKLIN is a recruitment agency specialised in the Wealth Management and Asset Management sectors, with offices in Luxembourg, Paris and Geneva.
Our client is a prestigious Private Bank and is looking to recruit a Head of Compliance for their Brussels offices.
Oversee the operational effectiveness of the Brussels office’s systems and controls that are designed to achieve compliance with the relevant rules.
Onboard all the branch clients via the performance of the necessary due diligence duties.
Ensure adherence with all relevant Anti-Money Laundering Legislation and Guidance and internal procedures. Ensure that employees are provided with appropriate training and that management are supplied with adequate information to assess the AML risk to which the bank is exposed and provide assurance that the internal procedures are identifying and mitigating that AML risk. Perform the Money Laundering Reporting Function.
Act as a central point of reference and expertise on compliance matters, providing advice proactively on financial services compliance matters in connection with both existing and new business proposals.
Ensure the prompt completion and filing of required regulatory returns and reports.
Escalate any material compliance/regulatory concerns or issues to local management, the Board and/or to the Chairman as required.
Maintain awareness of regulatory / compliance developments, assessing the impact to the business and initiating or ensuring that relevant managers initiate such changes.
Provide to staff and management, as appropriate, an awareness of individual and corporate regulatory requirements and developments affecting the Belgian market in order to strengthen the compliance culture while having regard to business strategy.
Promote the highest ethical standards required of staff and ensure staff meet the requirements of the internal directives and the relevant regulatory rules.
Assist the Group CCO in developing group–wide compliance arrangements within the bank.
Your technical skills:
Bachelor’s Degree or higher, preferably in a relevant area
Relevant experience in the Wealth Management industry
Detailed knowledge of the key business functions and operations in Private Banking and an understanding of the key risks and controls in these areas.
Comprehensive knowledge of the French regulatory regime.
Must be fluent in French and English (spoken and written). Dutch would be an advantage
Your personal skills:
Excellent responsiveness and problem-solving skills
Excellent written and verbal communications skills
Excellent organisational and management skills, including the ability to lead a multi-jurisdictional department and to manage complex projects