🇱🇺 Compliance Officer Job in Luxembourg 🛡️ Anti-Money Laundering and Sanctions at the European Investment Fund ⚖️

The European Investment Fund is seeking to recruit for its Risk Office Department, Transaction and Mandate Compliance Division, at its headquarters in Luxembourg, a Compliance Officer.

🏛️ Purpose

Part of the EIB Group, the mission of the European Investment Fund is to improve access to finance for SMEs and small mid-caps in Europe. It does this by supporting emerging and established fund managers with equity investments and by designing debt financing instruments that share the risk taken by financial institutions when they lend to or invest in small businesses, bringing this support closer to entrepreneurs through an extensive network of partners and financial intermediaries in all EU Member States and associated countries.

The Anti-Money Laundering, Financing of Terrorism and Sanctions Unit is responsible for assessing and monitoring money laundering, terrorist financing and sanctions risks across EIF investment operations and mandates, as well as issuing compliance opinions to support transaction approvals. It also ensures alignment with applicable anti-money laundering and counter-terrorist financing frameworks and oversees the effectiveness of controls applied by the first line of defence.

🤝 Operating Network

The Compliance Officer reports to the Head of the Money Laundering, Financing of Terrorism and Sanctions Unit, who in turn reports to the Head of Division, Transaction and Mandate Compliance. The job requires close cooperation with colleagues in the EIF Investment Office, especially the KYC Unit, Legal Services and other teams, and the selected candidate will closely interact with other relevant services within the EIB Group to ensure consistent application of Group policies and to further Group alignment in the compliance area.

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⚖️ Responsibilities

🏗️ Support the implementation of the Three-Line Model Target Operating Model within the Unit

📜 Support the development, maintenance and enhancement of AML and CFT policies and procedures and contribute to a robust AML and CFT framework

🔍 Assess and monitor money laundering, financing of terrorism and sanctions risk of EIF investment operations and mandates

📄 Prepare independent second-line assessments of these risks for EIF investment operations and mandates

📊 Conduct the annual Compliance Risk Assessment and Compliance Monitoring Plan covering AML and CFT risks

🎓 Provide guidance, training and oversight on AML and CFT matters to the first line of defence

🚨 Manage escalated integrity alerts, ensuring timely analysis, escalation and reporting to senior management where required

📈 Report on money laundering and financing of terrorism matters to internal or external stakeholders

🔎 Coordinate internal and external audits relating to AML, CFT and sanctions activities and follow up on resulting actions

🏢 Handle compliance matters linked to EIF incorporated fund structures managed by external service providers

⚙️ Advise on the appropriate implementation and continuous improvement of EIF compliance operational procedures and processes, promoting innovation and efficiency gains where necessary

✅ Perform the annual self-assessment and monitor and follow up on recommendations and actions issued by control functions and other oversight bodies

📚 Maintain up-to-date knowledge of AML, CFT, sanctions and integrity-related regulatory developments, industry practices and emerging risks

✅ Qualifications

💼 At least three years and no more than five years of post-graduation relevant professional experience at the same level of responsibility in areas related to AML and KYC or sanctions, control functions, compliance, legal or regulatory audit, financial supervision or other areas related to compliance

🎓 University degree in Law, Finance, Economics, Political Science or a related field, and specialization in Compliance, Risk Management or Anti-Money Laundering is an asset

📜 Strong knowledge of and experience with international and European Union standards such as the EU AML Directives

🏅 Additional certifications such as CAMS or ICA qualifications are an asset

💻 Knowledge of standard computer tools and full proficiency in internet searches, and knowledge of integrity screening tools is a plus

🗣️ Excellent knowledge of English, both oral and written, with strong drafting skills, and knowledge of other EU languages would be considered an asset

🛠️ Technical Skills

🔍 Counterparty AML and CFT risk assessment, meaning the ability to assess and analyse counterparty data and documentation in order to perform risk assessments and categorization based on counterparty risk profile and red flags identified

⚖️ Risk assessment, mitigation and management skills, meaning the ability to identify and assess compliance and non-financial risks and propose adequate risk mitigators or make recommendations on acceptability of risk levels

🌍 Sanctions regulations, meaning the ability to monitor compliance of existing and future transactions with financial sanctions requirements at EIB Group level, covering EU, UN and US OFAC regimes

📋 Risk management policies, transaction lifecycle knowledge across origination, structuring, execution and monitoring, innovative problem-solving and initiative, cross-functional collaboration, and strong writing and presentation skills

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📋 The Details

📍 Location: Luxembourg, at the EIF headquarters

🆔 Job ID: 111541

📌 Grade: 4, full-time temporary position

📄 Appointment will be made on the basis of a fixed-term assignment until 30 November 2027, and as it is a temporary replacement assignment no extension or conversion of the contract is foreseen

🗓️ Panel interviews via videoconference are anticipated for September 2026

📌 The offer does not state any salary for this position

🔒 Candidates are informed that pre-employment integrity screening is an integral part of the EIF recruitment process