Description : AML Expert
The Financial Crime Team is responsible for the operational oversight and management of the Investor Services Financial Crime prevention activities in particular Anti-
Money Laundering, Counter Terrorist Financing and Financial Sanctions compliance (AML-CTF and FS).
As the Financial Crime Subject Matter Expert in Luxembourg, the Investor Services Financial Crime Supervisor will provide support and assistance to the investor Services Manager and Director in the AML / KYC process, the oversight of adherence to Financial Crime policies and procedures and the promotion of best practice and operational efficiencies within the Investor Services department in Luxembourg.
They will also liaise with their counterparts in other offices to ensure a consistency in policies with adherence to local standards.
Key Accountabilities of the Role
Review of Customer Due Diligence (CDD) documentation and information relating to investors and their beneficial owners.
Reviewing and assisting Investor Services personnel in complex and non-standard cases.
Completing ongoing transaction monitoring of PEPs and other High Risk investors.
Assisting in the Ongoing Monitoring and Suspicion Reporting process, and, where appropriate, assisting in the preparation and submission of reports to the MLRO and Senior Management.
Assisting in the Sanctions, PEP and Adverse Media screening processes.
Assisting in the CDD review and remediation of CDD for investors in transitioned Funds.
Assisting in the process of file reviews and ongoing refreshing of CDD documentation and information by the Investor Services department.
Assisting in the periodic testing of third party relationships.
Assisting in the ongoing review and development of the Investor Services Financial Crime policies, procedures and processes to ensure that they are effective and efficient.
Assisting in the delivery of relevant components of the AML-CTF and FS Training Program and other relevant training initiatives.
Assisting in the promotion of a strong and robust Financial Crime compliance culture.
Providing support to the team Manager and Director, and other team members as required.
Liaising with the Internal Audit and Compliance departments with regard to AML-CTF and FS and department audits.
Actively participate in projects and on-going initiatives to enhance and refine Financial Crime policies and procedures, systems and controls.
Pre-requisite knowledge, skills and experience
University degree and / or professional / post graduate qualification required.
Minimum of 3-5 years’ experience within a compliance / Financial Crime role within the financial services industry, preferably within fund administration or management.
Strong background in AML-CTF legislation and FS compliance in Luxembourg. Experience in other jurisdictions in particular Ireland, Cayman Islands and United States would be advantageous.
Familiar with a broad spectrum of investor types and complex legal structures.
The successful candidate should :
Have the ability to communicate effectively both verbally and in writing
Be a critical thinker with strong problem solving skills.
Have strong investigative skills
Be flexible and proactive
Have excellent attention to detail and accuracy
Have the ability to work well within a team and with stakeholders
Have the ability to show initiative and react quickly to changes in priorities
If this position is of interest to you, please contact Ravi on +44 20 3865 7131 or alternatively email
ravi fundspartnership.com quoting reference ADAL-688856.