AML/CFT Services, Manager, RC (18-month fixed-term contract)

Company Description

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.  We employ a global workforce of 6,500+ people across 24 jurisdictions and have assets under administration (AUA) exceeding US$857 billion. We work with 13 of the world’s top-15 private equity firms. 

Our services are underpinned by a Group-wide commitment to ESG and best-in-class technology including a global data platform and innovative proprietary tools supported by in-house experts.                       

Above all, what makes us different is our people. Operating as trusted partners to our clients, we deliver intelligent solutions through a combination of technical expertise and strong relationships based on deep client understanding. 

We’re driven by our Group purpose, to power people and possibilities.

Job Description

What you'll do:

• Ensure that the funds / fund managers comply with Luxembourg regulatory and legal requirements, as well as internal policies and applicable laws
• Be informed of the legal AML regulatory changes in Luxembourg
• Take RC mandates at the Fund or Fund manager’s level and ensure registration in GoAML and eDesk platforms (escalation point)
• Review potential hits from name screening on behalf of the clients and ensure that the screening hits have been processed accordingly and in due time
• Coordinate with the different counterparties/delegates (TA, AIFM, PM, etc..)
• Draft and/or review of annual RC reports, CSSF or AED questionnaires, external audit reports or other relevant deliverables that need to be submitted to the CSSF or AED
• Support the Board/RR when the AED/CSSF or other competent authorities in Luxembourg raise questions on AML/CFT matters Create or update Fund’s/ AIFM’s AML governance framework consisting of AML/CFT policies, risk appetite statement and risk assessment Develop a robust compliance culture (regulatory watch), providing support, education and training to staff to build
• Conduct AML/CTF due diligence and oversight activities on service providers and delegates
• Participating to the Board Meetings (up to 4/year) and taking in the board members/RR’s questions
• Anticipates the workload and provide visibility to the Head of AML/CFT & RC

Qualifications

• Master/Bachelor in Finance, Business, Law or an equivalent degree
• A minimum of 5 years of relevant working experience in a similar position or an AIFM in Luxembourg
• Excellent knowledge of the Luxembourg regulatory environment for investment funds
• Exposure of working with third party delegates and service providers
• Fluent in English; additional language would be considered an asset

Additional Information

OUR COMMITMENT TO YOU AND THE ENVIRONMENT

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders – including our employees, clients, and local communities – while also reducing our impact on our natural environment.  

There is always more we can, and should do, to improve – whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We’re committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees’ careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5,800+ employees - from 94 nationalities, across 25 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.  

We’re committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients’ sustainability and success leads to our sustainability and success. We’re emotionally invested in our clients right from the beginning.