About us Sofitex Talent Recruitment Fort d'une experience de plus de 30 ans dans les Ressources Humaines, Sofitex est un reseau international de Travail Temporaire et de Placement en CDI. Sofitex fonde sa dynamique et son succes sur le professionnalisme de ses equipes, sa forte reactivite et sa proximite. Mission For one of our clients located in Luxembourg city center, Sofitex Talent is currently looking for a Compliance Testing & Monitoring Senior Specialist/Analyst (M/F) Task description 1) Assist in performing the sle based testing within the execution phase of the assignment: Reviewing the policy, procedures, guidelines, job aids, etc., and understanding the end to end process. Performing an offline review of the sle accounts with the objective of testing the effectiveness of the relevant procedures. Where applicable, ensuring the First Line of Defense (FLOD) controls are effective and operating as designed. 2) Assist in downloading and analyzing data for certain areas where automation is in progress/ not in place. 3) Assist in performing manual validation on sle population(s) for KPIs undergoing automation. This typically includes validation of each step manually in various systems to confirm if the logic identified is accurate[1]. 4) Assist in performing weekly analysis/monitoring on reports, such as: identify new medium risk and very high risk country customers; identify very high risk country customers, with a high GMV; keep accurate and up to date records of the analysis performed. 5) Assist in completing the Model Validations by gathering & analyzing information in the following (but not limited to) areas within the scope of review: Risk coverage assessment (data analysis); Source system identification; Source to surveillance reconciliation; Critical data elements quality assessment. 6) Assist with compiling data for sanction screening KPI within monthly monitoring report: Download data from the relevant application(s); Apply macros to convert each file into a readable excel format; Populate the monitoring report template. Profile Bachelor degree. Compliance related relevant experience (e.g.: KYC, EDD, investigations, etc.) and/or internal/external audit experience minimum 5 years. Proven understanding and experience with regulations enforced by Commission de Surveillance du Secteur Financier (CSSF) and Financial Action Task Force, Anti Money Laundering regulations, Know Your Customer (KYC), Enhanced Due Diligence (EDD), Politically Exposed Persons (PEP), Sanctions screening, international AML/CFT standards such as those promulgated by the Bank Secrecy Act/USA Patriot Act. Knowledge of (AML) customer risk assessment/risk ranking and how it impacts (AML) operational processes. Knowledge of Compliance and AML processes and the ability to work collaboratively with business partners and stakeholders. Detail oriented with the ability to analyze large amounts of d