MLRO (M / F) DO Recruitment Advisors is looking for an MLRO (AML / KYC Manager (MLRO) to join a leading thir-party Management Company in Luxembourg.
THE ROLE :
Report to the MLRO of the company
To act as MLRO for funds of the ManCo / AIFM
Reviews the KPIs received from the administrator, distributor, investment manager
Carry out Due Diligence visits to administrators and the delegates and prepares Due Diligence reports to the Board
Prepare Annual Risk Assessments and MLRO reports.
Review in depth AML Policies and Procedures of the delegates to make sure they are in line with Luxembourg legislation.
Responsible for advising on regulatory updates impacting the ManCo activities as a UCITS ManCo and AIFM
Act as the liaison with the local authorities and regulators
Act as a first point of escalation of any AML related issues from the Administrator, the Board, the Company's Investment Manager and Global Distributor.
Analyse the rules affecting the Management Company / AIFM business and monitor regulatory and financial crime related legislative changes
Develop relationships with key industry participants including within both ALFI and ALCO
Consistently review the AML / CTF policies and desk procedures to comply with relevant regulations
Collaborate with the Oversight teams to provide oversight of third parties
Partake and support the teams on the distribution of funds across all relevant jurisdictions
Develop a robust Compliance culture
Oversee, approve and escalate financial crime concerns
Perform operational incident reviews
To ensure that the company's regulatory reporting requirements to the CSSF are met
THE CANDIDATE PROFILE :
Ideal candidates will be eligible for approval from the CSSF to act as Compliance Officer and MLRO
A minimum of 5years'experience in a similar position (MLRO / AML KYC Manager)
University degree (or equivalent qualification) and ideally with the relevant Compliance or legal qualification
Solid knowledge of Luxembourg legislation especially in terms of AML / CTF.
Solid knowledge and experience with AML / KYC (also including KYC on assets).
Experience of AIFM and UCITS products is an advantage
Experience in a similar role
Excellent written and oral communication skills and ability to speak confidently in public
Ability to analyse complex issues
Expert in change management
Team player with a proactive attitude and the ability to work independently.
THE CLIENT :
Our client is a leading and reputable third-party management company.
At the final stages of the recruitment process, the successful candidate can be asked to provide supporting documentation such as, for example, copies of diplomas or proof of previous jobs, and a standard criminal record check might also be requested.