Compliance Officer recruitment
Purpose
Under the supervision of the Chief or the Deputy Chief Compliance Officer as the case may be, the compliance officers will contribute to the identification, assessment and monitoring of compliance issues related to the Bank’s operations with special attention to lending operations. Particular emphasis should be given to the mitigation of compliance risks that the Bank might incur by engaging in operations or by dealing with certain counterparts or individuals.
Accountabilities
S/he will:
• Collect from the Operational Directorates all relevant information for OCCO’s due diligence
• Carry out such integrity controls as required by operational directorates
• Control that the Bank’s new financial counterparts have adequate measures in place against money laundering and terrorist financing; Prepare and dispatch the Bank’s anti-money laundering and combating the financing of terrorism (AML/CFT) questionnaires to the Bank’s intermediaries
• Contribute to the assessment of the compliance of lending operations with the Bank’s policies
• Draft OCCO opinions and recommendations on lending operations
• Draft country reports with emphasis on the AML/CFT measures of the country in question and on its overall assessment by relevant organisations
• Contribute to OCCO’s communication and training efforts towards compliance awareness building
• In general, address any compliance issue at the request of the Chief or the Deputy Compliance Officer, with emphasis on those related to lending activities
• Keep abreast of new developments in the field of compliance and of AML-CFT in particular
• Liaise with external service providers for the timely delivery of outsourced compliance research
• Prepare and keep updated compliance related Bank policies and procedures
In addition the senior officers will:
• Advise on Ethical issues
• Contribute to the strategy and policy development for the EIB Group Compliance function to ensure that the overall system of compliance controls of the EIB is based upon practical needs and constraints of the organisation
Qualifications
• University degree preferably in economics, finance, law or political science
• Minimum 3 years professional experience in compliance in financial services and minimum 5 years for the senior roles
• Knowledge of standard computer tools and full proficiency in internet searches; knowledge of compliance related computer tools would be an advantage
• Very good knowledge of English and/or French and a good command of the other. Knowledge of other languages would be an advantage
• Knowledge of the public procurement legal principles and rules would be an advantage
Competencies
• Strong work and professional ethics
• Good inter-personal skills at all levels in a multicultural environment
• Team player
• Staff management skills would be an advantage (for the senior roles)
• Ability to analyse and summarise large quantities of information in short periods of time and to draft clear and concise reports
• Practical approach and ability to understand the operational requirements and priorities with a view to meet deadlines
• Sense of professional responsibility, organisational competence and initiative
• Good communication and writing skills; ability to convince others rather than resort to enforcement means
Deadline for applications: 10th June 2012
We believe that Diversity is good for our people and our business. We promote and value diversity and inclusion among our staff and candidates; irrespective of their gender, age, nationality, race, culture, education and experience, religious beliefs, sexual orientation or disability.