Senior Compliance Officer Financial Crime Compliance Corporate Sector Role & work environment The Financial Crime Compliance Wholesale Luxembourg (FCC Wholesale Banking) team within the compliance department is the second line of defense function supporting the wholesale segment in Luxembourg for the purpose of managing Financial Crime Compliance (FCC) risks. The team of Wholesale Banking FCC specialists (advisors) is dedicated to support the wholesale business in complying with FCC policies and regulations in line with the Compliance Risk Management Charter by performing horizon scans, maintaining the policy framework, supporting & challenging risk assessments, delivering advices, assuring training & awareness, tracking issues and escalating where and when needed. At the same time it looks for global alignment and uniformity in approach in order to contribute to efficient KYC[1]processes and a flawless client experience. The team is working together based on knowledge and expertise, as well as the skill set needed to best perform the job. You report hierarchically to the Head of the FCC Wholesale Banking Team, who reports to the Head of Financial Crime Compliance of ING Luxembourg. Key responsibilities The position is a key channel for advice, training, translating (external) developments to the wholesale banking environment as well as communicating and sharing of best practices. As an expert in the FCC domain your main focus lies on Anti Money Laundering (AML), Economic and Financial Sanctions including Export Controls and Proliferation Financing which translates to the following (non exhaustive) overview of activities, which you will execute autonomously or in cooperation with senior team members: Maintaining expertise and in depth subject knowledge and understanding of good practice and procedures in the FCC domain (continuous development) in Wholesale banking; Point of escalation and coordination for Wholesale Luxembourg, specifically: Analysis, challenging and advice on customer due diligence escalations triggered by: New client Onboarding; client reviews (periodic, event driven) including transaction analysis; Offboarding; Waivers. Analysis, decisioning and follow through on FCC alert escalations triggered by: Pre transactions screening; Name screening (PEP); Negative News Screening. Advice on flagged corporate lending and trade finance transactions. Support analyses, advices and investigations related to correspondent banking activities; Support the business, FCC Luxembourg and Belgian/ Corporate FCC function in maintaining the wholesale and correspondent banking FCC control framework by translating regulations and requirements to practical implementable policies, guidelines, instructions or solutions; Advising on risk appetite setting and translation thereof in compliance related processes; Pro actively oversee and advice (partner) with our Luxembourgish and global wholesale businesses on the embedding of the FCC controls within the