MiFID II SPECIALIST FOR COMPLIANCE (M/F) June 2, 2017
Purpose of the position
- As MiFID II Specialist, you will be part of the Compliance Department and directly report to the Chief Compliance Officer;
- You will be mainly responsible for analysing gaps related to the application of MiFID II and proposing and driving business and/or operational changes.
Primary duties & Responsibilities
The primary duties & responsibilities consist in assisting the Compliance department in:
- Assessing and explaining to Compliance and Relationship Managers in simple and pragmatic terms MiFID II implications and requirements for clients and products/services;
- Supporting the ongoing work within the Bank to assess MiFID II implications for Private & Transactional Banking and Global Markets products/services to be offered to clients (main focus on Retail investors and Professional investors either private individuals or legal entities);
- Performing impact assessments, gap analysis and propose action plans when relevant;
- Proposing and driving change within our Bank to enhance operating models, governance frameworks, policies, processes and controls and to minimize compliance and regulatory risk related to MiFID;
- Performing, structuring and documenting regulatory watch.
Secondary duties
Additional duties required to facilitate the Compliance culture include:
- To apply, comply with and enforce all applicable regulations taken by the competent authorities and Regulators. To understand and to challenge all procedures regularly.
Your profile
- Master’s degree and at least 3-4 years of relevant experience in the financial industry in a Big 4 or an international consulting firm (compliance, regulatory or project areas) where you have been exposed to MiFID regulation framework and implementation on an regular basis;
- Sound knowledge of the applicable regulatory framework and its impacts to the banking industry in Europe/Luxembourg, primarily MiFID. Other regulations being considered as an asset (e.g. EMIR, PRIIPS, MAD/MAR, CRS, FATCA);
- Strong analytical and logical problem-solving skills;
- Autonomous, you take ownership of work and follow-up;
- Self-starter, keen to learn and build expertise;
- Integrity and independence of judgement, capacity to investigate thoroughly;
- Good communication skills, both orally and in writing;
- Fluent in English; French, Russian or German are considered assets;
- All final applicants for this position will be asked to provide the bulletin No 3 of their police record.