SENIOR COMPLIANCE MANAGER (m/f)
THE JOB:
DO RECRUITMENT ADVISORS are delighted to represent their client, a famous Luxembourg-based fund and asset management company in their search for a Senior compliance manager. As a senior member of the Compliance Team, the Senior Compliance Manager plays a key role in ensuring the effective operation of the Compliance & AML Department. The position covers a broad scope including corporate compliance, AML monitoring, due diligence, internal reporting, and participation in governance committees.
Corporate Compliance Functions
-Stay up to date with regulatory developments in the industry and analyse their impact on the company.
-Maintain and update compliance policies.
-Implement the Personal Trading Policy and ensure its proper application.
-Execute the compliance monitoring program by conducting testing, assessing compliance risks, making recommendations to mitigate risks, and following up on corrective actions.
-Support internal training initiatives and promote a strong compliance culture across the organisation.
-Deliver a professional and positive compliance service to all employees.
-Coach and mentor other team members.
-Collaborate effectively with other departments such as legal, risk management, and external advisors to address compliance and AML-related matters.
Reporting Functions and Committee Participation
-Standardise current processes, ensure procedures are kept up to date, and develop new procedures as needed.
-Prepare compliance and risk reporting for internal committees and the Boards of the Funds and the Management Company.
-Prepare and submit regulatory reports to local authorities and respond to ad hoc requests.
-Actively contribute to weekly Risk and Compliance meetings as well as other governance committees.
-Participate in the Risk and Compliance Committee, and other committees such as the Governance and Policy Committee, as required.
Due Diligence Monitoring Functions
-Assist in managing the operational and compliance due diligence program.
-Review documentation from external managers and service providers including DDQs, offering documents, regulatory filings, and audit reports.
-Present findings and recommendations to the Investment and Risk & Compliance teams through detailed written and verbal reports.
-Partner with internal departments to respond to external information requests relating to due diligence on the firm or its managed funds.
AML Monitoring Functions
-Execute AML/KYC procedures related to investments.
-Perform and review AML risk analyses in line with internal procedures.
-Respond to or escalate urgent and sensitive KYC requests as appropriate.
-Act as a point of contact within the team for KYC-related issues.
-Oversee the company’s AML/CFT framework.
-Promote a strong AML culture throughout the organisation.
THE CANDIDATE PROFILE:
-Master’s degree in Law, Finance, or Financial Services.
-8 to 10 years of experience in the funds industry, preferably within compliance, audit, depositary bank, or legal functions.
-Comprehensive knowledge of the Luxembourg fund regulatory framework and of regulations applicable to Luxembourg management companies (e.g. governance, AML, investor protection, rules of conduct).
-Strong familiarity with domestic and European legislation and directives (e.g. AIFMD, EMIR).
-Familiarity with operational processes and risks in fund operations.
-Knowledge of private equity funds.
-Experience managing the expectations of senior stakeholders.
-Fluency in English, both written and spoken.
-Excellent communication and organisational skills.
-Ability to work effectively within a small team.
-Entrepreneurial mindset, collaborative attitude, polyvalence, and proactivity.
THE CLIENT:
Our client is a Luxembourg-based fund and asset management company.
We are committed to protecting your privacy and ensuring the confidentiality of your personal information. Before submitting your application, we kindly ask that you take a moment to review our Privacy Policy.
As an equal opportunity employer, we embrace diversity and welcome applicants from all backgrounds. Please note, however, that candidates must possess a valid Luxembourg work permit. As we represent our clients, we are required to submit only those who meet this requirement. Unfortunately, if you do not have a valid work permit, we will not be able to consider your application.
If you are selected for the position, you will be asked to provide supporting documentation, such as copies of your diplomas, proof of prior employment, and a standard criminal record check, as part of the final steps in our recruitment process.
We appreciate your interest in our company and look forward to the possibility of working together.
