AML-KYC OFFICER - AIFM (M / F)
THE ROLE :
This is a challenging and exciting opportunity to join a small but highly professional organisation. The KYC / AML Officer's primary task is to be the main point of contact for the resolution of complex
know your customer (KYC) / anti-money laundering (AML) cases. Reporting to the Compliance Officer of the AIFM , the AML Officer is responsible to perform Know your Client (KYC) due diligence on the investors and on assets according to the internal AML / CTF governance framework and in compliance with the applicable Laws and Regulations in Luxembourg.
Tasks and responsibilities :
Carry out AML / CTF procedures on all activities of the AIFM including AIFs investors onboarding and ongoing monitoring;
Assess which KYC documentation is necessary to perform the identification of complex entities in accordance with the current regulatory requirements;
As part of the onboarding of fund investors, collate, develop and maintain all investor AML / KYC information Conduct annual review and ongoing monitoring of investors in accordance with the risk level;
Track pending AML / KYC documentation;
Review and respond to AML related queries across all investors within agreed timeframes;
Run, review and update all AML reports;
Maintain AML / KYC procedures up to date as well as contribute to the setup of the AML / KYC Guidelines;
Contribute on and prepare / discuss AML reviews, plus any audit related exercises (
Internal / External audit, QA) as required by Compliance and by the business;
Support other teams members on complex account and / or payment related queries;
Liaise very closely with Compliance Officer;
Explain regulatory requirements to internal and external counterparties;
Hold regular training sessions with teams in terms of the regulatory environment, should there be significant changes to the regulatory environment;
Provide effective support related to AML / KYC for investors, on assets, ;
Handle internal and external requests as quickly as possible;
Provide assistance and advice on various KYC request from banks, notaries and subsidiaries;
Prepare the KYC file and report for sign-off by the Compliance Officer;
Prepare the Business Acceptance Committee and write minutes;
Report findings and issues to the Compliance Officer;
Provide active support to the AIFM conducting officers in the performance of their duties;
Remain regularly updated about regulatory environment, assess impact of changes and propose solutions.
THE CANDIDATE PROFILE :
University degree in Law, Economics, Business Administration or equivalent, with Compliance certification or similar;
At least 3 years relevant experience acquired in the field of AML / KYC or compliance in Luxembourg;
Experience in writing memos and minutes.
Committed to the highest quality standards;
Fluent in English and French or German;
Proactive and communicative with an ability to take initiative and assume responsibility;
Strong analytical and communication skills - oral, written and presentation;
Goal and solution-oriented behavior;
Strong organization and planning skills and quality focused with the ability to multi-task and self-manage workload;
Conscientious and accurate working attitude;
To be respectful towards procedures and internal policies;
Team player mentality along with a detail-oriented, proactive approach to work;
Open-minded and capable of building productive working relationships;
Ability to work in partnership with the Compliance group / team.
Very good knowledge in the following fields would constitute a definite asset for this role :
Local anti-money laundering laws, rules and regulations, in particular circulars and laws issued by the CSSF as relates to AML / CFT;
Proven knowledge of regulatory requirements and an ability to translate them into operational / process requirements;
Compliance, AML and data privacy experience or other related experience, legal, risk management, audit, GDPR, ;
THE CLIENT :
Our client is a leading European Private Equity firm.
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.