Senior Associate, Management Company Compliance - Luxembourg - Kroll

Description

In a world of disruption and increasingly complex business challenges, our professionals bring truth into focus with the Kroll Lens.

Our sharp analytical skills, paired with the latest technology, allow us to give our clients clarity—not just answers—in all areas of business.

We embrace diverse backgrounds and global perspectives, and we cultivate diversity by respecting, including, and valuing one another.

As part of One team, One Kroll, you'll contribute to a supportive and collaborative work environment that empowers you to excel.

Our Regulatory consulting team helps firms deliver on a wide range of engagements including financial crime, compliance risk, regulatory readiness, compliance monitoring and regulatory reporting.

RESPONSIBILITIES:

Responsibilities (in collaboration with the Conducting Officer in charge of Compliance):

• Monitor compliance of the Management Company/AIFMs with the relevant rules, regulations and CSSF circulars (e.g. 18/698) and assess the appropriateness of internal policies, procedures and guidelines, make recommendations for amendments and perform regular and comprehensive compliance related risks assessments and testing,
• Be the appropriate internal control function and recommend corrective measures, ensure a followup of identified deficiencies/issues, supervise their implementation and ensure that corrective measures have proven to be efficient,
• Fulfil notification requirements with the CSSF on compliance matters and exercise any specific responsibilities such as reporting suspicious transactions related to money laundering and the fight against terrorism financing,
• Maintain and update compliance policies, procedures, compliance monitoring plan, AML policies etc.
• Assist in the preparation of the board reports specifically covering the compliance and MLRO part for both the Manco and the funds under supervision
• Support the Conducting officer in charge of Compliance/AML and prevent terrorism financing, which will include:
• AML Due Diligence oversight monitoring on delegates (TA, distributors, Portfolio managers) including onsite visits, specific testing, regulatory monitoring etc.
• AML/KYC on new clients, delegates

- monitoring of blacklist filtering
- generally, ensuring of all the applicable measures

• Perform necessary AML checks on new delegates and new clients
• Provide compliance and MLRO related updates to the Management Committee and Board of Director meetings for both the Manco. and funds under supervision,
• Provide effective guidance as the Compliance officer and MLRO to the broader team
• Instill good governance and AML/CTF awareness within the team, and also define appropriate standards as the SME
• Ensure smooth relationship with supervisory authority and auditors,
• Formalize and strengthen the company's procedures to constantly improve operational effectiveness,
• Advise the team on developments on laws, regulation, rules and standards which might have an impact on the company,

REQUIREMENTS:

• University degree in finance, legal or economics or relevant business experience
• Strong knowledge of the Fund Services business and processes
• Minimum 35 years of handson experience as a Compliance Officer, preferably within a Management Company.
• Excellent knowledge of regulatory environment, including UCITS and AIFMD regulations, CSSF circulars, AML directives, FATCA/CRS etc.
• Direct experience dealing with the CSSF, Fund Admins, transfer agents,
• Good command of Excel, Word and PowerPoint
• Solutiondriven and resultsoriented, problem solving attitude, constructive mindset
• Autonomous, conscientious, rigorous, reliable

- ability to manage multiple projects on various time scales, strong follow-up, prioritization and a team player

• Proven experience and appetite to deploy concepts and ideas in practice
• The ability and desire to create a strong compliance culture
• Curiosity and eagerness to learn
• Fluency in English, any additional European language will be an advantage
• Additionally the following skills would be a desirable:
• Experience in a Management Company will be considered a significant asset

Once you have applied, you will receive a survey from Career Spark to complete - this step is mandatory if you wish to be considered.

Kroll is committed to equal opportunity and diversity, and recruits people based on merit.

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