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Legal & Compliance Manager

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China Merchants Bank Co., Ltd., founded in 1987, is China’s first joint-stock commercial bank which has been ranked among China’s top commercial banks for many consecutive years. CMB set up a branch that provides commercial banking services in Luxembourg in March 2015 and acts as the gateway and regional headquarter of CMB group in Continental Europe. In May 2021, China Merchants Bank Co., Ltd., has the subsidies-China Merchants Bank (Europe) S.A. in Luxembourg. Legal & Compliance Manager is responsible for ensuring compliance with the bank’s processes at a high governance level, also responsible for providing legal & compliance advice and mitigating the legal & compliance risks. Responsibility: Legal function: -Provide legal advice across the banking activities and improve ease of business and client experience. -Manage the legal and regulatory risk by ensuring contractual standards and negotiation results in legal protections. Create legal documents and contracts and supporting documentation. -Provide support for strategic initiatives in consultation with the Chief Compliance Officer & Head of Legal. -Solve internal legal problems and individual legal matters on litigious nature. -Reviewing and updating internal policies and procedures. -Liaise with external legal and compliance counsel, where necessary, and advise on day-to-day regulatory matters. -Lead the legal & regulatory aspects of cross department projects. Compliance function: -Manage the implementation of compliance policies and compliance related matters, such as AML and CFT, market abuse, etc. -Manage the compliance monitoring plan, do the assessment of compliance risk relating to the current and future activities of the company. -Actively participate in the due diligence for new and existing products, including KYC review (identification and risk evaluation of clients and ongoing monitoring) and KYT review (transactions monitoring, including complex cases). -Involve in the regulatory requests and inspections. Liaise with clients, lawyers and regulators on compliance issues, and give advises to related department. -Involve in building a compliance aware culture within the company, including appropriate training. In addition to these duties the employee may from time to time be required to undertake additional or other duties within his/her capacity as necessary to meet the needs of the company’s business. Profile: -Master degree (BAC+5) related to the legal area of expertise with at least 5 years of relevant and proven working experience in banking industry or financial institution within the EU and preferably in Luxembourg. -Strong business English and French is required, good knowledge of Chinese and/or Germany is a plus. -Regulatory preparedness through sound knowledge of banking products and services with a particular emphasis in compliance regulations. -Qualified lawyer identity in Luxembourg is considered as a strong asset. -Good understanding of EU laws, regulations and regulatory practices pertaining to corporate governance, the AML/KYC, etc. -Excellent ability of synthesis to analyze document/text in terms of consequences for the legal and regulatory risk China Merchants Bank Luxembourg Branch is or may be subject to. -Commitment, rigorous, methodical, prioritization spirit, flexibility. -Ability to work well under pressure with a high level of self-motivation. -Take initiative, proactivity, respect deadlines. China Merchants Bank offers our employees with a competitive remuneration, a multicultural and friendly working environment…

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