Luxembourg Opens Six Finance Roles to Foreign Workers

Luxembourg has officially identified six finance and banking roles that are experiencing severe talent shortages, thereby opening opportunities for foreign workers to address these gaps in one of Europe's leading financial centers. The identified roles include banking credit and risk analysis, which encompasses credit risk analysts, KYC analysts, and banking risk managers.

The second role is banking client management, which includes relationship managers and professional banking account officers. The third area of shortage is in financial markets front office work, covering fund managers, trading floor negotiators, and foreign exchange dealers.

The fourth role is financial analysis and engineering, which includes financial analysts, financial economists, and financial risk managers. The fifth identified role is accounting and financial audit and control, which spans internal auditors, certified accountants, and statutory auditors.

Lastly, the sixth role pertains to legal and financial advisory services, including in-house bank lawyers, insurance lawyers, tax advisors, and legal service managers. Being classified as a shortage occupation under Luxembourg's Labour Code facilitates the recruitment process for employers seeking non-EU nationals.