Junior Compliance Officer - European Investment Bank Luxembourg

The Junior Compliance Officer 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 reputation risk that the Bank might incur by engaging in certain types of operations or by dealing with certain individuals.

Responsibilities
At the request and under the authority of the Chief or of the Deputy Chief Compliance Officer, s/he will:
Collect from the Operational Directorates all relevant information for the Department’s due diligence
Carry out such integrity controls as required by operational directorates or departments
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 AML/CFT questionnaires to the Bank’s intermediariesContribute to the assessment of the compliance of lending operations with the Bank’s policy on Offshore Financial Centres
Draft 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 Transparency International or other relevant organisations
Contribute to the Department’s communication and training efforts towards awareness building

Qualifications
University degree preferably in economics, finance, law or political science
Minimum 3 years professional experience in compliance in areas relevant to the Department’s activities
Knowledge of standard computer tools and full proficiency in internet searches
Knowledge of the public procurement legal principles and rules would be an advantage
Very good knowledge of English and/or French and a good command of the other. Knowledge of another language would be an advantage

Competencies
Strong work and professional ethics
Good team worker
Ability to analyse large quantities of information in short periods of time
Practical approach and ability to understand the operational requirements and priorities
Good communication and writing skills; ability to convince others rather than resort to enforcement means
Deadline for applications: 31st May 2010

To apply, please go to www.eib.org/jobs and select reference number OC10WWW02.

Applicants must be nationals of a European Union Member State or candidate countries with which EU accession negotiations have started.
The EIB offers attractive terms of employment and remuneration with a wide range of benefits.