Field of activity

The Compliance Function works closely with the individual business units and group control functions to ensure compliance with national and international laws and regulations applicable to the various units of the Deutsche Börse Group and its business activities. The compliance function has a proactive role in the identification of possible non-compliance or reputational risks, including those that may arise in connection with new activities and products. Clearstream Compliance works in partnership with Group Compliance which is responsible in defining group-wide compliance policies, supports their uniform application within the group entities, and provides centralised services to prevent money laundering and terrorist financing, international financial sanctions, anti-corruption, data protection, and the prevention of conflicts of interest and related securities law requirements.

You will assist the Head of Compliance Sanctions Management in the implementation and refinement of the sanctions compliance program across the business areas of the specific legal entity, as one component of a broader compliance approach across the Deutsche Börse Group and Clearstream Sub-Group.

Your responsibilities

• Provide Sanctions-related advisory and subject matter expertise on core risk areas to the 1st Line of Defense and ensure the required regulatory watch on sanctions
• Assist with Sanctions issues, requiring detailed analysis and/or internal/external legal advice/interaction with regulators
• Contribute to the continued effective implementation and refinement of a robust Sanctions compliance framework, in consultation with Deutsche Börse Group Sanctions team.
• Participate in local and Group projects and working groups
• Assist the Head of Compliance Sanctions Management with maintenance of all relevant management information and provide regular compliance reports, including assistance with internal/external audits
• Enable the exchange of lessons learnt and best practice for proactive compliance management, between all functions within Clearstream and deliver targeted Sanctions training to employees
• Handle the operational aspects of the sanctions monitoring (validation of transactions, information to depositories and authorities….)
• Develop and perform dedicated sanctions trainings
• Contribute to the day-to-day operational activities of the Clearstream Compliance Team (compliance assessment for prospects, clients, new issues and alert management)
• Build strong relationships with internal and external stakeholders

Our requirements

• University degree in economics, finance or law or a relevant comparable qualification
• Strong knowledge of Financial Crime and Sanctions laws and regulations (e.g. EU, UN, OFAC), and best-practice
• Minimum of 5 years of experience in a similar position in the securities custody business
• Project management experience would be an asset
• Proficiency in written and spoken English
• Outstanding analytical and organizational skills, with excellent attention to details
• Ability to cope with tight deadlines and handle multiple priorities
• Strong communication and negotiation skills, including ability to present complex sanctions matters in a clear and comprehensive way
• High level commitment and motivation