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Compliance Officer

Hybrid
  • Amsterdam, Noord-Holland, Netherlands
Compliance

Job description

As the Compliance Officer for our corporate services division in The Netherlands, you will work closely with our legal, financial and corporate administrators to ensure that our organization can maintain their continued growth, by ensuring that they comply with applicable laws, regulations, supervisory requirements and internal policies and procedures. You are responsible for identifying and assessing the compliance risks faced as well as assisting in the management and monitoring of these risks. As Compliance Officer you will operate in the second line of defense with direct reporting lines to the management and will be based in Amsterdam.

Responsibilities:

  • Having in-depth and up-to-date knowledge of the regulatory landscape, including but not limited to WTT, WWFT, WFT and sanctions law;
  • Acting as the contact person for Dutch regulatory authorities;
  • Advising on client acceptance to the board of directors;
  • Monitoring integrity risks for the total Dutch operations;
  • Monitoring compliance with legislations, procedures, and policies, including the procedures manual;
  • Validating all KYC/AML requirements are met to accept new clients including assessing documentation and risk analysis;
  • Validating all KYC/AML requirements are met on existing client files, including periodic risk assessment and assisting with transaction monitoring;
  • Ensuring that internal group policies and procedures are in line with local legislation, regulations and standards;
  • Informing and advising management about the impact of any changes in local legislations and regulations, best practices or compliance themes in general, including recommendations regarding potentially identified shortcomings or defects in compliance with provisions set by or pursuant legislations, procedures, policies and/or integrity risks, including reporting on the effectiveness and timeliness of the proposed improvement measures;
  • Providing training to staff and informing on compliance topics;
  • Delivering quarterly compliance reports to management.

Job requirements

Ideal experiences and competencies:

  • Master’s degree in a business, law or finance-related field.
  • 5-8 years of experience in the financial (trust) service industry with a proven track-record in Compliance.
  • Knowledge of recent legislative developments.
  • Fluent in English, speaking and understanding Dutch is considered an advantage.
  • You have excellent written and verbal communication skills.
  • You are proactive and well-structured.
  • You are hands-on and have a can-do mentality.

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