Financial Crime Risk Specialist
Tide
Head of Financial Crime Risk, MLRO
Tide
full-time
Posted on:
Location Type: Hybrid
Location: 🇱🇺 Luxembourg
Visit company websiteJob Level
Lead
About the role
- Oversee and ensure compliance with Luxembourgish AML/CTF laws, regulations, and CSSF circulars
- Stay up to date with changes in AML/CTF laws and update internal policies and procedures
- Act as the primary contact point for Financial Intelligence Units (FIUs) and the CSSF
- Receive, investigate, and file suspicious transaction reports (STRs/SARs) with the FIU when appropriate
- Develop, implement, and maintain robust AML/CTF policies, procedures, and controls across European jurisdictions
- Conduct regular reviews and updates of the AML/CTF framework to ensure effectiveness
- Lead the AML/CTF risk assessment process and identify and mitigate money laundering and terrorist financing risks
- Provide guidance on complex AML/CTF issues and high-risk client relationships
- Develop and deliver comprehensive AML/CTF training programs for relevant staff
- Oversee client onboarding, ensuring proper KYC and CDD procedures are followed
- Monitor transactions and customer behaviour for suspicious patterns
- Report regularly to senior management and the TPSA Board of Directors on AML/CTF matters
- Liaise with Luxembourg (CRF), Germany (BFDI), France (Tracfin), and the European Anti-Money Laundering Authority (AMLA)
Requirements
- Minimum of 8 years of practical experience in financial crime roles within a UK or European Banking Authority supervised firm (preferably CSSF or BaFIN)
- Experience engaging with Financial Intelligence Units or other law enforcement organisations in the EU (raising SARs)
- Seasoned decision maker, capable of making risk decisions on suspicious transactions and PEPs
- Experience conducting Financial Crime risk assessments and communicating effectively with 1LOD teams
- Understanding and oversight of key financial crime risk indicators and metrics
- Capability to create metrics and summarise them into digestible monthly reports for senior stakeholders
- Excellent verbal, written, and interpersonal communication skills in English
- Passion for fighting financial crime and participating in external forums
- Self-motivator and self-starter with the ability to work independently
- Enthusiasm for using technology to build and scale products and manage associated financial crime risk
- Ability to multitask and operate in a fast-paced team environment, adapting well to change
Benefits
- 26 days holiday with the option to take 5 extra days of unpaid leave per year
- 1000 EUR professional L&D budget per year and access to Learnerbly resources
- Extended Parental Leave
- At least 3 days of paid leave for volunteering or L&D time off per year
- Mental health support through Plumm
- Flexible work from home and a flexible workplace model supporting remote and in-person work
- Contribution of 50% of office equipment for remote working (up to EUR 200)
- Work and travel globally - up to 90 days per country outside of your home country (subject to internal policy)
- Sabbatical Leave
- Option to take your work device as your own (eligibility applies)
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
AMLCTFKYCCDDrisk assessmentsuspicious transaction reportsfinancial crimemetrics creationpolicy developmentcompliance
Soft skills
decision makingcommunicationself-motivationindependencemultitaskingadaptabilityinterpersonal skillstraining deliveryleadershipproblem solving
