Regulatory Solutions Manager, focus on Product Governance (BUDE) (Private Bank) in Luxembourg

Attractive opportunity as the Regulatory Solutions Manager of a well-established International Private Bank. We are looking for a young professional with 5 years of experience to join our team and grow with us.

The responsibility of the “Regulatory Solutions” Team includes activities in relation to the Bank’s

regulatory monitoring and gap analysis, providing support with regulatory projects and initiatives, acting as 2nd line of defence controls in the field of MiFID, Cross-Border, Trade Surveillance, as well as acting as the Data Protection Office.

7 reasons Why you should choose this position – employer?

1. Engage in interesting projects covering local and European Private Banking
2. Work in a cohesive dynamic team
3. Work-Life balance
4. Competitive Package
5. Career growth opportunity
6. Stable working environment, no frequent turnover
7. International leading bank, running a highly profitable business

Your areas of responsibility:

• Subject matter expertise and relevant monitoring/controlling for the following topics:
  • MiFID II, focus on Product Governance and Client Asset Officer.
  • Trade Surveillance (MAR/MAID/Insider Trading).
  • Other product-related monitoring/controls.
• Monitoring of the regulatory landscape impacting the Bank, in particular with regards to the focus areas.
• Provision of meaningful data and reports for management reporting.
• Provide status updates and flag issues as appropriate and suggest solutions to issues encountered.
• Sound collaboration with the relevant partner team in Switzerland.
• Support in project management with regulatory impact or regulatory change, in particular with relevance to focus areas.
• Support the department head with other assignments and assessments in relation to mandates or activities received.

What you offer:

• University degree in business administration or equivalent.
• At least 5 years of experience in banking-related regulatory work.
• Sound knowledge in the focus areas (Product Governance / MiFID II, Client Asset Officer / MiFID II, Trade Surveillance) and a good understanding of financial products.
• Good comprehension of regulatory and legislative matters and their impact on the Bank.
• Structured and all-encompassing approach to monitoring and control.
• Proficiency in English.
• Excellent communication skills.
• Organized and structured working attitude in line with defined timelines.
• Ability to manage people across various hierarchical levels and fields of expertise.
• High solution orientation.

Could this be the right opportunity for you? Please do not hesitate to send your CV to Michael Mandic at michael.mandic@andersonwise.com to be considered for this recruitment process. Your application will be treated with the utmost discretion.

We take your privacy as our utmost concern, and we manage your data with the highest degree of confidentiality.

Before applying to any of our opportunities, we invite you to read our privacy policy, available on our website.

                     Job description

JOB TITLE: Chief Internal Auditor

GROUP: HCC

Department: Internal Audit

Main reporting body: Audit, Risk and Compliance Committee (ARCC) and Board of Directors

SUMMARY

The Chief Internal Auditor provides independent, objective assurance services designed to add value and improve BJSSL’s operations. He enhances and protects organizational value by providing risk-based and objective assurance, advice, and insight. He helps BJSSL accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of governance, risk management, and control processes.

The mission, scope, duties, authority and values of his function are described in the Internal Audit Charter of the Bank.

MAIN ACTIVITIES AND RESPONSIBILITIES

• Plans and performs audit missions to assess whether risks relating to the achievement of strategic objectives are appropriately identified and managed; established processes, controls and systems enable compliance with the policies, procedures, laws, regulations and governance standards; operations or programs are being carried out effectively and efficiently; information and the means used to identify, measure, analyze, classify, and report such information are reliable and have integrity; resources and assets are acquired economically, used efficiently, and protected adequately.
• Submits, at least annually, to the ARCC, a risk-based internal audit plan for review and approval;
• Reviews and adjusts the internal audit plan, as necessary, in response to changes in business, risks, operations, programs, systems, and controls;
• Ensures each engagement of the internal audit plan is executed, including the establishment of objectives and scope, the documentation of work programs and testing results, and the communication of engagement results with applicable conclusions and recommendations to appropriate parties;
• Follows up on engagement findings and corrective actions, and reports periodically to Authorized Management and the ARCC any corrective actions not effectively implemented;
• Cooperates closely with Group Internal Audit and ensures that the GIA standards are applied in an accurate way.
• Coordinates his activities with those of external auditors and other control functions (risk management, compliance).

PROFILE

• University degree in finance and management
• 20 years in financial sector and more than 10 years in internal audit
• Professional certifications in internal audit
• Knowledge of banking activities
• Knowledge of European banking regulations

PERSONAL QUALITIES

• Analytical skills
• Objectivity
• Integrity
• Confidentiality
• Organizational and planning skills
• Communication

Controller – Private Equity

This is an exceptional opportunity for an experienced professional to join the Luxembourg team of this renowned asset management firm.

You will work with the fund management team, being involved in all facets of the finance functions of the Luxembourg companies, dealing with real assets investments.

Your Responsibilities

• Participate in the settlement of transactions including acquisitions, divestments, refinancing of large infrastructure assets, mergers and derivative transactions
• Work in conjunction with various stakeholders, such as lawyers, asset management teams and other internal fund management teams
• Lead the cash distribution processes in and out of the project entities, coordinating with the relevant parties and preparing the related documentation, e.g. funds flows, forecasts, notices
• Review the financial statements, involving auditors, local services providers and internal finance/tax teams in order to ensure that the entities remain in compliance with internal and external requirements
• Support the on-going daily activity of these entities (attend board meetings, cash management, monitoring of accountants) and serve as primary point of contact for any internal or external finance query on their activity
• Stay up to-date on new accounting requirements and regulations in order to explore new potential opportunities for the Luxembourg entities

Your profile

• University Degree in Finance, Accounting, Economics or similar
• Approx. 3-4 years of experience in accounting, finance or audit with sound technical competencies dealing with Private Equity structures
• Fluent in English
• Attention to detail, confident in dealing with complex group structures and their associated accounting and tax issues.
• Excellent written and oral communication skills, highly motivated, proactive and resilient
• Strong interpersonal skills with the ability to deal with internal and external contacts

Could this be the right opportunity for you? Please do not hesitate to send your CV to Aude François aude.francois@andersonwise.com to be considered for this recruitment process. Your application will be treated with the utmost discretion.  

We take your privacy as our utmost concern and we manage your data with highest degree of confidentiality.

Before applying to any of our opportunities, we invite you to read our privacy policy, available on our website.

Compliance Analyst, Financial Crime Compliance   

Anderson Wise is pleased to introduce this excellent opportunity for an experienced professional to join the Luxembourg office of a global investment manager as a Compliance Analyst.

You will have the possibility for rapid career growth working with a team of FC professionals based in Luxembourg and the UK. You will act as an expert in your field, advise on regulatory issues, procedures, and controls relating to regulatory and legislative matters concerning FC, and assist the MLRO, reporting to the European Money Laundering Reporting Officer. You will also have an instrumental role in London's Group Financial Crime Compliance function.

Your Responsibilities

• Assist the MLRO and the team in developing, enhancing, and communicating the local and Group standards and frameworks for mitigating financial crime risks.
• Assist in overseeing and challenging business management and local MLROs in implementing the local and Group standards and in addressing identified financial crime risks.
• Make judgments and decisions/recommendations on appropriate actions in relation to financial crime issues.
• Provide advice, guidance, and updates on the application of the FC framework and be a trusted advisor to the businesses within Schroders, including responding to day-to-day queries
• Collate, review, and analyse Management Information and Key Performance/Risk Indicators for different forums, including Board reporting
• Attend appropriate industry groups to keep abreast of current or prospective regulatory developments and industry best practices and, where necessary, articulate our views.
• Assist and oversee compliance with Luxembourg requirements in respect of FC.
• Participate in and assist with the performance of due diligence and regular compliance monitoring and oversight exercises.
• Develop and maintain an understanding of all business areas relevant to the role.
• Foster relationships with all relevant areas of the business. The role would considerably impact a number of functions within the organization or on the organization.
• Perform analyses and assessments of financial crime regulation.

Your Profile

• 2 to 4 years of experience in a compliance function within the asset management/fund industry and experience in other sectors will be considered
• Strong knowledge of the Luxembourg fund regulatory framework
• Exposure to financial crime compliance topics
• Ability to analyse complex situations and escalate, where necessary
• Ability to communicate and collaborate with others in the organization across functional and geographical boundaries
• Show initiative and a collaborative approach to the identification and resolution of issues
• Good knowledge of Microsoft Office
• Fluency in written and spoken English
• University business-related or law degree
• Knowledge of French
• ACAMS or any relevant certification
• Keen and motivated to develop your understanding of the industry, business model, and regulatory environment
• Show initiative and a collaborative approach to the identification and resolution of issues
• Develop strong working relationships with key stakeholders, as well as act as a trusted advisor to the business
• Have strong communication skills
• Organized and structured – take personal responsibility for managing own time and workload with the ability to handle changing priorities.
• You are solution-oriented and able to “think outside the box.”  
• You are comfortable dealing with ambiguity and complexity.

Could this be the right opportunity for you? Please do not hesitate to send your CV to Andrew Notter at andrew.notter@andersonwise.com to be considered for this recruitment process. Your application will be treated with the utmost discretion.

We take your privacy as our utmost concern, and we manage your data with the highest degree of confidentiality.

Before applying to any of our opportunities, we invite you to read our privacy policy, available on our website.

Vice President, Private Equity Finance

Anderson Wise is delighted to present this exciting opportunity to join an industry-leading investment management company. They are looking for an experienced and highly dynamic professional who seeks constant growth, wants to excel, and continuously improve upon themselves and the industry.

Your role will be to prepare high-quality financial reporting for open-ended European Private Equity Funds. You will have the opportunity for rapid career growth by joining the Luxembourg office of a global organization.

Your Responcibilities

• Responsible for all statutory and contractual financial reporting obligations, including drafting annual and semi-annual primary financial statements and notes to financial statements prepared under IFRS and/or Lux GAAP.
• Prepare quarterly consolidations/combinations for the organization's diverse investment portfolio, domiciled across Europe in regulated and unregulated vehicles.
• Provide accounting guidance and support to internal and external finance teams with intra-GAAP conversions, acquisition accounting entries, and other material transactional activity.
• Review portfolio financial statements and ensure consistent application of accounting policies.
• Monitor internal controls.
• Manage the process of preparation of IFRS and/or Lux GAAP consolidated and/or stand-alone financial statements for Luxembourg domiciled holding companies.
• Ensure timely/accurate monthly and quarterly closes and review of accounting records.
• Be the main point of contact for all reporting queries from the organization's finance teams.
• Responsible for coordinating organization audits.
• Liaise with tax and legal consultants.
• Assist with calculating quarter-end and intra-quarter NAV and reconciling to industry-standard methodology.
• Responsible for delivery of Group lender covenant and Rating Agencies deliveries.
• Coordinate requests regarding monthly and quarterly Fund valuations or ad-hoc investor reporting.
• Oversee investment distributions and liquidity management and work closely with internal treasury and tax departments.
• Review of investment management reporting metrics. 
• Provide Group tax reporting for the US parent and support multi-jurisdiction investor tax reporting.
• Oversight of complex intercompany accounting.
• Review and oversee quarterly board slides preparation.
• Participate on the accounting committee, determine best practices and group policies, and educate internal and external teams.
• Providing financial reporting advice during new acquisition onboarding.
• Provide ongoing coaching and training to the direct reports.
• Ad hoc project work.

Your Profile

• 10+ years’ experience of in financial reporting under a primary accounting framework (IFRS, US GAAP).
• In-depth knowledge of private equity and private equity investment products and capital markets. Open-end and regulated funds are a plus)
• Expert group reporting skills, including combinations, consolidations, and investment entity accounting.
• Strong familiarity with major European GAAPs.
• Excellent understanding of the reporting of Funds and liquid investments.
• Experience implementing efficient internal controls.
• A good understanding of independent accounting research and experience drafting and interpreting accounting policies. 
• Expert reviewer skills with superior attention to detail.
• Solid understanding of fund and SPV accounting.
• Excellent organizational and project management skills.
• Fluent in English - any other major European languages are an advantage.
• Professional accounting qualification.
• Familiarity with ESG reporting guidelines is an advantage.
• Proficient user of MS Office standard applications, experience with Yardi is beneficial.
• Ability to thrive in a growth environment, adapt to changing circumstances and work autonomously.
• Able to prioritize daily and manage several competing deadlines.

Could this be the right opportunity for you? Please do not hesitate to send your CV to Andrew Notter at andrew.notter@andersonwise.com to be considered for this recruitment process. Your application will be treated with the utmost discretion.

We take your privacy as our utmost concern, and we manage your data with highest degree of confidentiality.

Before applying to any of our opportunities, we invite you to read our privacy policy, available on our website.