Your area of work:
The Compliance Function works closely with the individual business units and group control functions to ensure compliance with local and international laws and regulations applicable to Deutsche Börse Group, Clearstream entities and their business activities. The Compliance Function has a proactive role in the identification of possible regulatory or reputational risks, including those that may arise in connection with new activities and products. Compliance Function works in collaboration with Group Compliance which is responsible for defining group-wide compliance minimum applicable requirements, supports their uniform application within the group entities, and provides centralised services to prevent money laundering and terrorist financing, international financial sanctions, other criminal offences, data protection, and the prevention of conflict of interests or market abuse.
We are seeking a dedicated and knowledgeable Compliance Quality Assurance Officer to join our team. The successful candidate will play a crucial role in ensuring our organization adheres to all relevant laws, regulations, and internal policies. This position involves drafting and executing compliance 2nd Line of Defence (2LoD) controls, support in overseeing the outsourcing compliance related activities, maintaining a robust compliance framework, support in regular and ad-hoc reporting and coordinating internal, external and regulatory requests, amongst others.
Your responsibilities:
- Supports and develops strategic compliance monitoring plans and executes controls. Manages the entire lifecycle of issue resolution, from tracking findings to implementing recommendations, while ensuring precise internal and external reporting.
- Holds responsibility for the comprehensive coordination and oversight of outsourced compliance activities, managing relationships and performance to ensure regulatory adherence.
- Monitors and reports on Key Performance Indicators (KPIs) for all internal and outsourced compliance functions.
- Contributes to Second Line of Defence (2LoD) compliance reviews of the outsourcing framework to ensure adherence with CSSF Circular 22/806 requirements.
- Supports the ongoing surveillance of regulatory developments and emerging market practices applicable to the banking industry to ensure proactive compliance.
- Supports the continuous alignment and updating of the entity's Compliance framework with the standards set by Group Compliance and related Clearstream entities.
- Serves as a key point of contact for internal audits, external audits, and regulatory inquiries, coordinating the timely and accurate provision of all required documentation and information.
- Supports the reporting function by preparing comprehensive materials for the Board of Directors, executive management, and other key governance bodies.
- Supports awareness raising initiatives through internal trainings provided to 1st Line of Defence on Compliance matters.
- Actively leads initiatives to strengthen and promote a culture of compliance, integrity, and ethical behavior across the company.
- Provides support to any compliance activity, by ensuring timely submission of deliverables to senior members, the Chief Compliance Officer and other Senior Management, should it be required
Your profile:
- University degree in computer science or business informatics, economics, finance, law or comparable qualification.
- Minimum 2 years experience working as a Compliance Quality Assurance in designing and execution compliance monitoring plans is a strong plus, or at least 4 years as internal/external auditor .
- Knowledge of the legal and regulatory requirements relevant in the banking industry and/or fund sector.
- Attention to details is a must, organizational skills, and team spirit.
- Excels at presenting definitive conclusions and leveraging persuasive communication to realign perspectives, a key requirement for a control function.
- Analytic, critical thinker and constant problem-solving attitude.
- Inquisitive mindset/Intellectual curious.
- Communicative, open to feedback and willing to understand that building relationships and connection are a strong foundation for
- Ability to communicate and negotiate, including the ability to understand, interpret and present complex issues in a way that makes it comprehensible to third parties.
- High level of proactivity, dedication, and motivation.
- Extremely good knowledge and command of MS Office tools.
- Experience with SAP for Internal Control Functions is plus.
- Very good spoken and written English (French and/or German is a plus).
