Permanent Compliance Officer

# Luxembourg

Department: AIFM Services

Vacancy type: Permanent, Full-time

#Hybrid

 

This is a great opportunity to join a fast-growing AIFM and contribute actively to its development and evolution. The (Permanent) Compliance Officer will report to the Conducting Officer - Compliance.

 

What you´ll do for us

Keep up-to-date with regulatory developments in the industry, provide analysis to the Conducting Officer - Compliance, on new regulatory developments impacting the company Assist the AIFM in complying with the obligations under the AIFM regulations, guidelines, circulars and laws Identify and assess the compliance risk of the AIFM including AML/CFT risk as well as applicable laws and regulations Analyse and implement all relevant legal and regulatory changes for AIFMs Ensure compliance of the existing policies and procedures Strengthen the internal control system Setup and execute compliance checks according to the Compliance Monitoring Plan Conduct and assess result from the on-site monitoring and testing on designated controls defined within the Compliance Monitoring Plan Draft/review policies and procedures to ensure they are up-to-date Prepare compliance reports to the Conducting Officers and to the Board Advise and monitor follow-up on specific compliance matters jointly with the Conduction Officer in charge of Legal and Compliance Ensure good corporate governance (reporting, conducting officers’ meetings, board meetings) Undertake Client Due Diligence and ongoing reviews in compliance with the anti-money laundering requirements Standardize existing processes, maintain procedures up-to-date, develop and implement procedures when necessary Perform and execute the AML/CTF procedure Performing AML/KYC checks on new clients i.e. initiators, investors, delegates and assets Support the identification, mitigation and management of AML related risks; reporting and escalation of such risks as needed Support preparation of AML trainings and the maintenance of the training register Process regular screening and maintenance of the client database against blacklists, international sanctions, press and escalate when relevant Consult projects with compliance and regulatory expertise Ensure awareness of staff on compliance matters Ensure the regulatory compliance of the funds setup Undertake Compliance projects and ad hoc additional tasks as assigned by the Conducting Officer – Compliance Correspond with regulatory bodies (CSSF, BaFin, FMA, auditors, etc.) and maintenance of related files Prepare external and internal audit and/or other periodic and/or ad hoc regulatory visits

 

 

What technical skills, experience, and qualifications do you need?

Have a degree in Law or Business Administration, a relevant post-graduate degree or certification (e.g. CFA, CPA, CAMS) is a plus Have minimum 5 – 7 years of relevant experience in the fund industry (preferably coming from fund management company / AIFM with relevant experience) Excellent understanding of the laws and regulations relevant to the funds industry (especially AIFM and AML/CFT regulations) Being approved by CSSF already as the (Permanent) Compliance Officer acc. to CSSF Circular 18/698 Proven ability to develop and implement compliance programs, policies, and procedures Excellent communication skills, with the ability to clearly articulate complex compliance issues to a range of stakeholders, including senior management, legal teams, and regulators A strategic mindset, with the ability to anticipate and mitigate risks while balancing business needs and objectives Strong analytical skills and attention to detail, with the ability to conduct thorough and accurate risk assessments and reviews Experience in managing relationships with regulators and external auditors Be proactive, organized and flexible Polyvalent, excellent ability to set priorities and respect and deliver within deadlines Positive, self-confident, open-minded, dynamic and long-term thinking Practical and very good experience in a comparable position and interest in Compliance and AML/CFT relevant topics Have strong drafting skills in English with a high level of accuracy and attention to detail; further language skills like French and/or German are considered as a plus Have a client focus with a solution mindset and a hands-on approach Have proven ability to work autonomously and demonstrate initiative Autonomous with an excellent team spirit with good communication skills