Compliance Monitoring Officer

Purpose of the Job

As Compliance Monitoring Officer, you will become part of a European cross locations Compliance Monitoring & Surveillance team of 10, currently operating in Luxembourg, Munich, Amsterdam and Brussels.

The Compliance Monitoring & Surveillance team is responsible for the Compliance Monitoring Program in topics such as Investor Protection (Mifid), Market Abuse, Conflicts of interests, Special investigations (whistleblowers/ fraud) and other ethics topics. The team is a mix of age and background. 

The Compliance Monitoring & Surveillance team operates within the larger Group Compliance function (second line of defense) focusing on topics such as Anti Money Laundering, Compliance Advisory and Training. The Compliance function operates within “the matrix” and is thus fully independent from the business.

The main purpose of the function is to undertake a range of compliance monitoring activities, to detect and report compliance risks and to recommend corrective actions where needed.
 

Key Accountabilities

• Providing assurance that inherent Compliance risks are effectively controlled by performing monitoring activities independently and with team members. Your focus will be either on The Netherlands, Luxembourg (incl Denmark), Belgium or Germany. 
• Participating in Group wide controls and investigations.
• Creating draft reports of completed monitoring and testing activities at entity level. 
• Updating stakeholders on the progress of activities and findings with reports, meetings and presentations; and escalate significant findings and recommendations to management.
• Monitoring the effective follow up of Compliance recommendations by stakeholders.
• Contributing to the work of the Compliance monitoring department in any other ways reasonably expected, including participating in projects and working groups and assisting with other priorities in the department.
• Working in close collaboration with other Compliance (monitoring) officers both in your location as well as in other locations. 
• Participating in and review of annual compliance risk assessment results.
• Proposing advice on performing controls more efficiently and best practices on how others are performing their controls.

Knowledge and Experience

• 3+ years of relevant experience as internal or external auditor or as a compliance (monitoring) officer
• Master (or Bachelor) degree in audit, business, economics, accounting, finance, and/or law
• Strong knowledge and experience of audit or testing methodology
• Advanced level of Excel, good ability for information technology
   

Attributes and Qualities

• Effective planning and organization skills, with ability to manage a broad range of activities with sustained momentum and timely delivery
• Collaborative and supportive team player, with strong work ethic and critical thinking
• Problem solving, analysis and reporting skills
• Excellent verbal and written communication and interpersonal skills
   

Languages Skills

Fluent in English and Dutch