Established in 1979, Bank of China Luxembourg Branch, was the first Chinese bank to set up in the Grand Duchy of Luxembourg. Today Bank of China Luxembourg S.A. has opened branches in Rotterdam, Brussels, Warsaw, Stockholm, Lisbon and Athens. As China’s most international and diversified bank, the Bank provides a comprehensive range of financial services to their customers. Our core business is commercial banking, including corporate banking, personal banking and financial markets services.

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 a fast growing international teams of internal auditors 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:

·       Prepare audit missions as well as meetings with relevant internal and external contacts (management board, board audit committee, group audit and external auditors) to ensure appropriate coverage of the key risks areas identified within the bank.

·       Organize and coordinate human, financial and technical resources to allow an effective completion of audit missions, as defined in the audit plan.

·       Design and perform appropriate controls/checks to ensure the efficiency of the bank’s internal control system and its adequacy with the bank’s risk appetite.

·       Review audit reports and follow up on reported findings to provide assurance on the internal control system and supports its continuous improvement.

·       Propose business improvements recommendations and provide counsel to senior management in order to optimise the bank’s internal control and risk management systems.

·       Provide advice or recommendation to improve the team’s business competencies.

·       Actively contribute to maintaining a good relationship with external auditors, the stakeholders and regulatory authorities

·       Advise and participate in internal projects in areas such as process improvements, new product launch, compliance with new norms/regulations, in order to bring in his/her expertise.

Profile (Technical Skills):

·       Fluency in Chinese and English (both oral and written. A good knowledge of French would be an advantage.).

·       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 3 year experience in internal audit, Big 4 or compliance function.

·       IT background or CISA, CIA and other professional qualifications is recommended.

·       CAMS certification is considered as an asset.

Profile (Soft Skills):

·       Good problem solving and analytical skills

·       Advanced oral and written communication skills.

·       Ability to travel approximately 40% of work time

To Apply:

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