Job title: Compliance & AML Associate - Private Equity Investment firm
Job type: Permanent
Emp type: Full-time
Industry: Real Estate / Private Equity
Expertise: Banking & Fund Administration
Salary type: Annual
Location: Luxembourg, Luxembourg
Job published: 2022-05-16
Job ID: 32754

Job Description

Compliance / AML Associate – Private Equity investment firm

Our client is a global alternative investments fund manager focusing exclusively on Private Equity. There is a small growing team in Luxembourg, which deals with investments across the globe. Their offices are ideally located in the city center. The work environment is international, friendly, dynamic and flexible.

 

Your responsibilities:

 The Compliance / AML Associate will work directly with the Conducting Officer Compliance / MLRO of the Luxembourg AIFM on all compliance-related topics as well as on AML/KYC Due Diligence.

Compliance:

  • Execute the compliance monitoring program for the AIFM and adapt it to changing regulatory requirements, business needs and risk assessments
  • Produce relevant compliance reporting for internal committees and Boards
  • Work closely with the Conducting Officer Compliance on the onboarding of new products
  • Prepare and file regulatory notifications with the CSSF, including pre-marketing and marketing notifications
  • Coordinate the AIFMD significant holdings notifications process for transactions (investments and exits) with internal and external stakeholders
  • Collaborate with the Compliance Officer on the evaluation of new regulatory requirements and the subsequent implementation
  • Participate to ad-hoc regulatory compliance-related projects

AML / KYC:

  • Perform initial and ongoing AML/KYC Due Diligence on counterparties in relation to the transactions (investments, add-on acquisitions and exits) made by the AIFs, as well as ongoing transaction monitoring
  • Conduct initial and ongoing AML/KYC Due Diligence on service providers and delegates
  • Handling of inbound AML/KYC queries & preparing AML letters as necessary
  • Coordinate and supervise the delegated Transfer Agent with regard to investor AML/KYC Due

 Diligence:

  •  Assist with the initial and ongoing AML risk assessments of the AIFs and the preparation of management reports
  • Apply procedures to meet AML/KYC obligations and ensure proper documentation in compliance with local regulations and group policies
  • Work closely with other teams across the group on AML/KYC matters

 

Your profile:

  • 3-4 years relevant Luxembourg Compliance work experience, preferably within an AIFM
  • Very good knowledge of the AIFM Law and the relevant CSSF circulars and regulations, ideally with a degree in Studies in Law and/or Financial Regulation
  • Previous exposure to AML-related work
  • Relevant fund setup experience is a plus
  • Familiarity with MS Office (Outlook, Excel, Word and Power Point) and screening tools (WorldCheck and/or KYC3)
  • Experience in Private Equity or any alternative funds exposure is a plus;
  • Fluent English speaker, French and/or additional languages welcome
  • Good listening skills
  • Excellent verbal and written communication skills, with the ability to build relationships across the business, operating with all levels of management
  • Team player with a positive attitude, able to build effective working relationships
  • Highly organized, with good personal time management
  • Dependable and discreet
  • Ability to deliver high quality work, on time, each time
  • Ability to work autonomously on own tasks, whilst working in a team environment
  • Ability to work under pressure with flexibility to adapt to shifting expectations 

On occasion, an offer of employment may be subject to a verification check. In this case a potential employer may ask you to provide documentation to support your application, this can include copies of educational achievements, international criminal record checks, reference checks, employment history etc.

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.

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