FCC Compliance Associate
AI Summary
A Compliance Associate in Luxembourg supporting PPRO’s EU and global compliance program, overseeing client onboarding, due diligence, SAR/STR filings, and regulatory interactions with CSSF.
About this role
We are seeking a highly motivated Compliance Associate to join our dynamic team at PPRO. Working alongside other team members, the Compliance Associate will help oversee the company’s compliance program within the EU and play an important role in ensuring that our operations comply with applicable laws, the relevant regulations set forth by the CSSF, and internal policies. The successful candidate will support the Financial Crime team on Due Diligence, Client Acceptance assessments, Enhanced Due Diligence (EDD), Ongoing Due Diligence (ODD), and SAR/STR review and filing. They will be expected to uphold a robust culture of compliance and risk management throughout the company.
As an innovative thinker, you will also act as an AI champion within the team — identifying opportunities to leverage new technologies to drive workflow efficiency, safely support commercial scaling, and foster a culture of continual compliance improvement.
Responsibilities
Review client applications and make decisions on customer take-on.
Assess escalated PEP / Sanctions / Adverse media alerts reviewed by the first line, and escalate further to the Chief Compliance Officer where needed.
Act as the point of contact for escalations from the first line of defence in general.
Carry out enhanced due diligence related to suspicious customer activity or reports of misconduct, and file suspicious reports to FIUs where applicable (SAR/STR).
Serve as the point of contact for responding to RFIs from law enforcement, tax authorities, and judicial bodies in Luxembourg.
Support the Regulatory Compliance team on the implementation and maintenance of policies, procedures, and guidelines specific to Luxembourg, EU, and UK AML/CTF regulations and industry best practices.
Actively participate in the review and execution of PPRO’s global AML/CTF compliance program.
Provide comprehensive reports for the Chief Compliance Officer and senior management on the state of the program and areas for improvement.
Assist in providing information for compliance AML/CTF internal and external audits, risk assessments, and ad hoc internal controls.
Assist in the completion of regulatory AML/CTF reporting to the regulatory body (CSSF).
Stay informed about evolving regulatory changes, laws, and guidelines on AML/CTF specific to the Luxembourg, UK, and EEA markets.
Act as an AI champion within the team, identifying opportunities to leverage AI tools for compliance workflows and supporting projects that integrate AI technologies safely.
Contribute to fostering a culture of compliance within the organisation.
What makes you a great fit
4+ years Compliance experience within the financial services or payments industry in Luxembourg
Familiarity with CSSF regulations and requirements
Understanding of AML/CFT principles and practices
Effective communication and interpersonal skills
Ability to work collaboratively in a team and independently
Professional certifications in compliance (e.g., CAMS) are a plus
Fluent in English to a professional level
