Chief Compliance Officer | SEB, Luxembourg

SEB is a leading international financial services group with a strong customer base among both private individuals and organisations. We are consistently recognised for our expertise and customer-centric approach, built on listening to our customers, a commitment to quality and trust, and an entrepreneurial mindset in everything we do.  

SEB Luxembourg is part of the Private Wealth Management & Family Office business area within the Wealth and Asset Management Division and serves as the hub for private wealth management for Nordic nationals living abroad. SEB Luxembourg is also the base for many of SEB’s investment funds and offers global custody and related depositary services to financial institutions. The Luxembourg Branch has around 160 employees representing more than 20 nationalities. We provide an international and dynamic working environment that encourages personal development, performance and operational excellence. 

About the role:

The Luxembourg Compliance team comprises of four compliance officers and is part of Wealth and Asset Management Compliance within the SEB Group Compliance organisation. The team provides a full range of compliance advisory and control activities for the private wealth management and asset servicing businesses in Luxembourg and other international locations.  

We are seeking a Chief Compliance Officer (CCO) to lead the Compliance team in Luxembourg and also serve as Money Laundering Reporting Officer (MLRO). The CCO will have dual reporting lines to the Luxembourg Country Manager and the Head of Compliance for the Wealth and Asset Management Division. 

As CCO for the Luxembourg Branch, you will work in a fast-paced and challenging environment, with a primary focus on growth in international private wealth management for Nordic nationals living abroad. You will bring a forward-leaning, collaborative mindset and work closely with the Head of Private Wealth Management & Family Office Compliance to build and develop the Compliance teams in Sweden and Luxembourg. Together, you will foster efficient cross-border collaboration and ensure a consistent, coordinated approach to supporting senior management and the PWM&FO business in both countries. You will also work closely with colleagues in the Wealth and Asset Management Compliance management team to ensure that the Compliance function operates efficiently in Luxembourg and across the division. Working with dedicated colleagues and partners across the SEB Group, you will have the opportunity to shape the development of the Compliance function, with a high degree of responsibility and independence within Group standards.

As Chief Compliance Officer, your main responsibilities will include the following: 

• Managing the Compliance function in line with Luxembourg and EU requirements and Group-wide minimum standards to ensure that the Branch meets its regulatory obligations 

• Managing and developing the Compliance team 
• Working closely with the Head of PWM&FO Compliance to build and develop the Compliance teams in Sweden and Luxembourg, foster efficient cross-border collaboration and provide consistent, coordinated support to senior management and the PWM&FO business 
• Working closely with colleagues in the Wealth and Asset Management Compliance management team to ensure that the Compliance function operates efficiently in Luxembourg and across the division 

• Performing Compliance risk assessments and developing risk-based Compliance programmes and monitoring activities 

• Providing Compliance advisory support to management and staff 

• Monitoring and communicating regulatory developments  

• Developing internal Compliance rules and procedures 

• Promoting compliance awareness and designing training  

• Participating in relevant internal processes, including customer acceptance, new product approvals and the handling of customer complaints 

• Communicating with and reporting to competent supervisory authorities, including the CSSF 

To thrive in this role, we believe you have:

• A bachelor’s degree in law or an equivalent qualification, as a minimum
• Relevant compliance expertise gained over a minimum of 8‑10 years in a Luxembourg financial institution, particularly in MiFID, KYC/AML/CFT, financial sanctions, market abuse, GDPR, ESG, outsourcing and FinTech, together with team management experience 
• Extensive experience in compliance matters relating to regulatory and governance requirements for private wealth management in an international setting and asset servicing for regulated investment funds 
• Sound knowledge of financial products and instruments 
• In-depth knowledge and understanding of AML/CFT legislation, coupled with previous experience as MLRO 
• Strong leadership and interpersonal skills, with the ability to set clear goals for the Compliance function and the team 
• Strong communication skills and a collaborative mindset, with the ability to build effective partnerships and foster efficient teamwork across countries and the division 
• A forward-leaning, proactive mindset, with the drive to develop the Compliance function and a flexible, pragmatic and solution-oriented approach 
• The ability to manage shifting priorities, timelines and demands 
• Strong organisational skills, a high degree of independence and integrity, and excellent judgement 

• Fluency in English; knowledge of French, German and/or a Scandinavian language is a plus 

What we offer: 

Every career at SEB is unique. The core of our offering includes: 

• Entrepreneurial Scandinavian environment 

• Attractive compensation and benefits 

• Long-term stability 

• Modern working tools and office environment
• A welcoming and inclusive workplace culture that values collaboration and individuality.

We believe that inclusion and diversity are crucial to our future success. We strive to foster an inclusive, value-driven culture where employees feel valued, respected and involved, regardless of who they are, what they believe or where they come from.  

Learn more about working at SEB: Career | SEB

Ready to join? 

Since we select candidates continuously, feel free to send in your application with your CV and Cover Letter in English as soon as possible, but at the latest on 15 November 2026. 

Please note that the successful candidate will be required to provide a Criminal Record Certificate. In addition, a screening against applicable sanctions lists will be conducted as part of the pre-employment background verification process.