Compliance Manager

As the Compliance Officer for our fund and corporate services divisions in Luxembourg, you will work closely with our legal, financial, fund and corporate administrators to ensure that our organization can maintain their continued growth, by ensuring that they comply with applicable laws, regulations, supervisory, requirements and internal policies and procedures. You are responsible for identifying and assessing the compliance risks faced as well as assisting in the management and monitoring of these risks. As Compliance Officer you will operate in the second line of defence with direct reporting lines to the management and will be based in Luxembourg.

• Be appointed as Compliance Officer & RC (Responsible for Control of AML/CFT obligations) towards the CSSF;
• Acting as the main point of contact for regulatory authorities (CSSF/CRS);
• Report to the Conducting Officers, the RR and the Board of Directors of the PSF;
• Reviewing /writing of policies and procedures, process review and optimization, assessment and improvement of control and organization, tool selection and implementation;
• Ensure the compliance of the company with rules and regulations related to financial crimes;
• Contribute to the compliance horizon scanning, ensuring collation, preparation, and distribution of information in respect of key regulatory developments;
• Annual and bi-annual updates to the key Compliance & Legal policies and procedures;
• Share business changes in risk appetite, sanctions and financial crime positions;
• Managing the compliance program of the Company;
• Assist the RR and Conducting Officers in complying with the obligations under regulations and CSSF Circulars, including analysis of relevant legal and regulatory changes and active participation in working groups convened for new projects, implementation workstreams and similar;
• Identify and assess the compliance risks through maintenance of a compliance monitoring program, assessing adequacy and effectiveness of controls, policies, and procedures; propose actions to address any deficiencies; ensure compliance policies and procedures are adequate;
• Oversight of outsourced activities and tools; (Activity and Security risk);
• Prepare annual and periodic reports for the Conducting Officers, the board of directors and the CSSF;
• Oversee AML/KYC matters related to Transfer Agency. Supervise initial and ongoing Client Due Diligence (“CDD”);
• In partnership with the Conducting Officers, manage the CSSF self-assessment questionnaire, internal and external audits, and other similar requirements;
• Be a member of the Client Acceptance Committee, reviewing Client Due
• Diligence reports prepared by in house team;
• Controls and reporting to the Board Management of High-Risk Files on investors/distributors;
• Controls and monitoring of AML (Anti Money Laundering) obligations on Assets Side;
• Developing and conducting staff AML and risk trainings;
• Support advisory queries from the business and external parties;

Ideal experiences and competencies:

• You have 5+ years of experience in compliance/regulatory roles, ideally in a consulting, PSF or AIFM (Alternative Investment Fund Managers) environment;
• Hold a master’s degree in law or professional studies;
• Fluent in English and French, any other language will be considered as an asset;
• Strong drafting and communication skills with an important level of  and attention to detail;
• Advanced knowledge of Luxembourg fund regulation (especially AIFMD (Alternative Investment Fund Managers Directive); DAC 6 and DORA); 
• Pro-actively focusing on client’s needs;
• Want to succeed, grow, be challenged, challenge others with ownership;
• Open-minded, common sense and can-do attitude;
• Good team player and able to work in a diverse team;
• Open to receive and provide feedback to all involved internal parties;
• Dynamic, committed, accurate, flexible, hands-on and deliver their best work when facing a tight deadline;
• Ability to work autonomously and demonstrate initiative.