Internal Auditor

As a Luxembourg-based bank since 1979, together with the global presence of Bank of China Group, Bank of China Luxembourg has been successfully operating and continually developing its business over the years, and has contributed to the local and worldwide economic and social development. With more than 45 years of expertise and experience in the European markets, Bank of China Luxembourg extended its roots from Luxembourg and covering 14 institutions located in 13 European countries and becoming Bank of China Europe, since 2022.

Bank of China Europe adheres to the guidance of Bank of China group and continues to grow and expand its business coverage across the world, offering comprehensive business solutions to its clients worldwide with its globalized operations and diversified platforms.

Today, Bank of China Europe comprises an international workforce with a multicultural background of more than 30 different countries and regions with over 600 employees.

Due to the continued expansion of our banking activities, we are looking for a:

Job purpose:

With a well-established global network and strong reputation, this job opportunity will allow you to develop a career within our fast growing international Bank.

You will be part of the Internal AML/compliance audit team and will work under the supervision of the Chief Internal Auditor.

Your main duties will focus on:

• Ensuring and supervising the adherence of the bank’s activities to the internal risk management strategy and policies as well as industry rules and regulatory requirements, so as to allow an efficient risk management approach.
• Advising the bank’s general management with regard to its current and long term risk management approach, in order to contribute to the continuous improvement of the internal control system and to the definition of a sustainable business strategy.

Responsibilities would be, but not be limited to, the following:

• Participate mainly in assigned AML/compliance audits and in other topics when necessary, develop specific audit programs and improve audit methodology;
• Prepare working papers and internal audit reports for each mission;
• Participate in the follow-up of outstanding issues and resolution actions in relation to pending recommendations from internal and external control functions (including regulator and HO inspections);
• Ensure adherence at all times to all applicable department and professional standards;
• Support the communication with the HO internal audit function, regulators, internal departments, Authorized Management, internal committees and cross-border institutions;
• Ensure proper documentation and filing of audit missions, in accordance with applicable Standards for the Professional Practice of Internal Auditing;
• Participate in the update of internal audit policies and procedures;
• Responsible for quarterly communication with assigned department and cross-border institution;
• Perform other related duties as assigned.
• Ability to travel (approximately 20% of work time), when necessary, for the execution of the internal audit plan.

Profile (Technical Skills):

• Fluency in English (both oral and written). Chinese and French would be considered as an asset;
• Good legal knowledge and professional knowledge in respect of internal controls, risk management and corporate governance;
• Very good knowledge of the banking/financial industry regulatory framework both at the local and international levels;
• At least 5 year experience in internal audit, Big 4 with prior experience in AML and compliance;
• CIA and other professional qualifications, such as CAMS, is recommended;

Profile (Soft Skills):

• Good problem solving and analytical skills;
• Advanced oral and written communication skills;
• Teamwork;
• Good organization and planning of audit tasks

This position is based in Luxembourg and open with immediate effect. Should the above mentioned criteria match your expectations, please don't hesitate to send your English CV by Smart Recruiters.