Our client is a global advisory and administration firm providing a consolidated one-firm’ approach to fund, family office and corporate services.
They specialise in complex, cross-border solutions.
An opportunity has arisen for a Senior Regulatory Compliance Officer to join the Risk & Compliance team in their Luxembourg office.
The Senior Regulatory Compliance Officer will be responsible for compliance issues relating to the legal services, fiduciary, corporate and fund services businesses in Luxembourg and Monaco.
The individual will be required to act as Compliance Officer, Deputy Money Laundering Reporting Officer (MLRO) and Data Protection Officer for the operational entities based in Luxembourg.
The individual will also be responsible for overseeing the compliance function in Monaco.
In addition, the individual will work with the global Risk & Compliance team and provide additional support where required.
The position requires team management functions as well. Currently the team in Luxembourg comprises of one Compliance Officer and one Assistant Compliance Officer / TA Controller.
Outline of main duties and responsibilities :
Overseeing licensing requirements and regulatory obligations (including reporting, applying for new business products, etc) for all licensed entities and individuals in the operating entities in Luxembourg and Monaco, liaising with the regulators and other appropriate authorities as required;
Implementing and managing a risk based compliance monitoring program in line with group standards;
Maintaining appropriate written procedures to ensure compliance with applicable legislation, regulations and group policies, and to monitor adherence to such procedures;
Monitoring and advising on local and global regulatory developments and on their potential impact;
Acting as deputy MLRO for relevant affected entities, taking receipt of and investigating internal suspicion reports and making the necessary external reports where appropriate;
Providing advice and training to management and staff in the relevant entities on regulatory compliance matters;
Implementation of group wide risk and compliance initiatives;
Overseeing such compliance related tasks outsourced to other group companies;
Involvement with the group compliance risk management committee;
Candidate Profile :
Education Have a degree level qualification, or equivalent, ideally in Business, Finance, Law or Compliance and Risk Management
Experience Have at least five years’ relevant work experience, preferably in the fund management or fund administration sector;
Technical skills Have excellent computer skills, and in particular good knowledge of Microsoft Office packages including Excel, Word, PowerPoint and Outlook email;
Soft Skills Have the ability to communicate effectively with staff and management;