ASSOCIATE DIRECTOR – LEADING FINANCIAL ORGANIZATION (Ref.PR121) Job in Luxembourg L-8049
ASSOCIATE DIRECTOR – LEADING FINANCIAL ORGANIZATION (Ref.PR121)
We are very pleased to be representing our partner client, a leading financial organization in Luxembourg.
Due to the increase of the complexity of the business in Luxembourg the organization is in the process of hiring for an Associate Director. Reporting to the Chief Operating Officer the Associate Director - ISG, Payments Co-Sec role is to help/support drive through strategic and tactical change whilst ensuring continued adherence to regulatory and statutory standards. In addition the role is key in ensuring adoption and adherence to the company standards covering compliance, enterprise risk management, the control environment, information security and information technology.
The person appointed for the post must be able to deal confidently with all parts of the business whilst maintaining appropriate objectivity in the assessment of the effectiveness of controls and change needs. The current environment of rapid change present in company demands a close working relationship with both the COO, MD and Client Servicing Managers responsible for the delivery of service to clients within the Jurisdiction and Risk, Compliance, IST and Group Security Heads, together with their colleagues within the Group, to ensure that transformational change and changing regulations do not lead to unrecognized or unmanaged risks within the Jurisdiction.
Furthermore The role will encompass the management of functional change and revision of the operational model to align Luxembourg with the wider target operating model being adopted within the organization. It is therefore important that there is consistency implementing department and jurisdiction wide solutions.
The Role:
- To develop fit for purpose processes, procedures and controls for all operational processes in the sphere of operation
- To ensure remediation of issues or deficiencies identified in Regulatory, Financial, Internal Audit or Control (SSAE 16 type) audits
- To ensure adoption of group policies and controls
- Monitor and report on the progress and status of identified issues and process changes
- Leadership of major change events and to assist in implementing strategies across the sector
- Personal sponsorship of self identified / individual change initiatives where there is a strong business rationale
- Develop and present the business case for change in conjunction with the Lux COO
- Assist with the development, implementation and maintenance of compliance and risk monitoring systems and procedures (in conjunction with Head of Compliance and Head of Risk)
- Support the Luxembourg COO, MD, Client Servicing Managers and seek to identify efficiency opportunities to minimize the costs of the organization and/or to reduce the unit cost of production where the volumes are increasing
- Whilst this will largely be driven at a group level with wider business transformation objectives the Associate Director - ISG, Payments Co-Sec should seek out efficiencies at a local level for his direct and indirect areas of influence and control and seek to maximize opportunities around these
- To perform any other ad hoc duties, projects or short term initiatives as requested by the COO or/and MD which are appropriate to his/her skill set
Your Profile:
- Ideally, the post holder will hold a relevant professional qualification at an appropriate level
- A minimum 5 years + relevant operational experience gained in a regulated market or financial services business at a managerial level
- Capable of promoting, supporting, implementing and monitoring all aspects of change and reporting throughout the company at all levels
- Full understanding of the importance of and implementation of workable operational controls
- Good working knowledge of Microsoft packages including Excel, Outlook, Word
- Effective communication skills with the ability to effectively present information to senior management/board, clients and stakeholders
- Ability to manage conflicting demands under pressure
- Awareness and experience of working practices across different jurisdictions an advantage
- Practical, result oriented, with high quality standards, flexible to accommodate organizational change in an evolving global business
- Excellent analytical skills, with an ability to define problems, collect and analyze data, establish facts, and draw valid conclusions
- A strong track record of people management
- A strong track record of building effective and sustainable teams
- Evidence of strong client/intermediary relationship management skills
- Proven leadership skills
- Demonstrable success as a strong negotiator and influence
- A proven ability to succession plan and delegate effectively
- A good understanding of the business model and the market in which it operates
If you are interested in this position, or would like to discuss other roles that we are currently recruiting for, please forward your CV in English to Patryk RYBIŃSKI by clicking on the APPLY button below.
Greenfield is a specialist recruitment firm, serving companies that are hiring in Luxembourg for accounting finance jobs and legal jobs. Offering superior results through its modular approach, Greenfield makes recruitment in Luxembourg faster and easier. Greenfield is an active member of the LPRA, the Luxembourg Professional Recruiters Association.