Compliance Officer, AIFM
A small boutique (<10), market leading and prestigious Alternative Investment Manager located in Luxembourg City Center is seeking a Compliance Officer to join their growing team in Luxembourg.
The successful candidate will have at least 3 years of experience working for an AIFM in Luxembourg with a focus on Real Estate and Private Equity. The business is looking for a dynamic and ambitious professional, an individual who will be able to work autonomously in Luxembourg and report to their Global Head of Compliance based in London. The position requires approval by the CSSF.
Compliance Officer AIFM, duties and responsibilities:
- Drafting and/or reviewing of the Management Company's compliance policy;
- Assisting in the Management Company in establishing, implementing, maintaining and reviewing its compliance policy and the respective procedures designed to detect any risk of failure by the Management Company to comply with its obligations under the Applicable Law;
- Monitor and, on a regular basis, at least annually, assess the adequacy and effectiveness of the measures, policies and procedures put in place according to the first paragraph of this section as well as the actions taken to remedy any deficiencies in the Management Company's compliance with its obligations;
- Advice to and training of relevant persons;
- Advise and assist the staff of the Management Company on matters of compliance;
- Assists and advises the senior management of the Management Company on issues concerning compliance and rules, notably by informing the latter about developments regarding regulations which might subsequently have an impact on the compliance function;
- Raise the awareness of staff of the Management Company as to the importance of compliance and related aspects. To this end, the Compliance Officer develops and implements a training program;
- Monitor the Initial and Ongoing Due Diligence on our delegates;
- Issue reports on the Due Diligence performed;
- Perform and coordinate the KYC and AML checks;
- Be part on the onboarding process of the new clients;
- Implement the recommendation of the Internal Audit and Risk Management Report;
- To be on constant legal watch to make sure the company is in compliance with the law
- Be part of the reporting process for the : Quarterly list of AIFs managed, Annual Report of the Compliance Officer, AML/CFT Questionnaire, EMIR Questionnaire;
- Communication with authorities
Compliance Officer AIFM, your profile:
- At least 3 years' experience in an AIFM in Luxembourg;
- Master Degree in Law, Compliance or Finance;
- Fluency in English and French, any additional language is an asset;
- Previous approval from the CSSF or proven experience dealing with the CSSF directly will be considered a strong asset;
Compliance Officer AIFM, what they offer:
- Salary up to 85,000Eur per annum + bonus & benefits;
- Discretionary bonus;
- Flexible environment;
- Opportunity to grow within the business (Conducting Officer title);
- Progressive and collaborative workforce;
