Chief Compliance Officer & RC
Private Bank – Luxembourg
About the Opportunity
Our client is an established international private banking institution currently building its Luxembourg platform as part of a broader strategic expansion. We have been mandated to identify a Chief Compliance Officer & Responsable du Contrôle to help shape and build a new local operation from the ground up.
This is a foundational leadership appointment with ownership of the Compliance and AML/CFT framework, combining strategic oversight with hands-on execution. The successful candidate will play a central role in designing processes, embedding governance structures and helping establish a strong compliance culture from first principles.
The role offers a rare opportunity to join at the beginning of a greenfield journey and leave a genuine imprint on the creation of a new banking platform in Luxembourg.
The Role
- Lead the design, implementation, and continuous enhancement of the Compliance and AML/CFT framework in line with EU and Luxembourg regulatory requirements.
- Act as the primary point of contact for supervisory authorities and governing bodies on all compliance, AML/CFT, and market conduct matters.
- Define, implement, and monitor the Compliance risk management and risk appetite framework.
- Establish and maintain the Compliance Monitoring Programme, including execution of reviews and follow-up on remediation actions.
- Advise senior management on regulatory developments and compliance matters, ensuring alignment with applicable laws and expectations.
- Oversee AML/CFT controls, including risk assessments, transaction monitoring, and suspicious activity reporting in coordination with the RR function.
- Monitor compliance with investment services regulations, including market conduct and market abuse requirements.
- Ensure adherence to confidentiality obligations, professional secrecy, and data protection requirements.
- Provide compliance input on new products, services, and business initiatives, including risk assessments and approval processes.
- Monitor and ensure timely remediation of findings from internal audit, external audit, and regulatory inspections.
- Prepare and deliver regular reporting to the Board of Directors and relevant committees.
- Promote a strong compliance culture through training, awareness initiatives, and ongoing engagement across the organization.
- Build, lead, and develop the Compliance function, fostering a high-performance and accountable team environment.
The Person
Essential Experience
- 10+ years of experience in Compliance and AML/CFT within the financial services sector, ideally in Private Banking or Wealth Management.
- University degree in Law, Finance, Economics, or a related discipline.
Professional certifications (e.g., ICA, ACAMS, CISI) are considered a strong asset. - Strong knowledge of Luxembourg and EU regulatory frameworks, including AML/CFT, MiFID II, market conduct, and data protection requirements.
- Proven experience in designing and implementing compliance frameworks, monitoring programmes, and risk assessments.
- Experience interacting with regulators and presenting to senior management and governance bodies.
- Familiarity with complex client structures, including UHNW/HNW clients, cross-border activities, and enhanced due diligence requirements.
- Fluent in English; additional languages are considered an asset.
Personal Attributes
- Strong leadership presence with the ability to operate independently and influence at senior levels.
- High integrity, sound judgement, and a strong sense of accountability.
- Hands-on, pragmatic approach with the ability to balance strategic oversight and operational execution.
- Excellent stakeholder management and communication skills across all levels of the organization.
- Resilient and adaptable, with the ability to operate effectively in a growing and evolving environment.
- Collaborative mindset with the ability to foster trust and a strong compliance culture.
What’s on offer
This is a critical leadership role within a developing Luxembourg platform, offering direct exposure to senior management and governance bodies. The position provides the opportunity to shape the Compliance function from the ground up and play a key role in ensuring sustainable growth within a robust regulatory framework.
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.
Greenfield is a specialist talent advisory firm supporting leadership teams across Luxembourg’s financial, professional services, and corporate ecosystem, addressing complex hiring challenges through judgement, execution, and long-term partnership.
- Pagosa Building, Bloc C
153-155, rue du Kiem
L-8030 Strassen, Luxembourg
