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Location
Luxembourg
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Sector:
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Job type:
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Salary/Rate:
High Rate
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Contact:
Gabriel Campa
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Contact email:
gcampa@skillfindergroup.com
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Job ref:
13300GXC
The position is based in within the Client’s offices in Luxembourg (Kirchberg)
ROLE
AML Support and Controls: Liaise with investors/clients to meet compliance and operational requirements, and ensure various control functions
SUMMARY OF FUNCTIONS
? On boarding and Off boarding of Investors :
? Controls on AML activities
? Internal / external Audits
? Internal Documentation review
PRINCIPAL RESPONSIBILITIES
? On boarding and Off boarding of Investors
? Management of fund launches
? Fund transition pre-testing and management of transitions in for Investor AML.
? Analyse the investor profile, determine the risk level and collect the required set of documentation to meet applicable laws and regulations and in the respect of The Client’s internal AML Policy procedures
? Transmit the relevant communications to Clients/Investors related to the above
? Controls on AML activities
? Overnight screening management through Fircosoft
? Ongoing due diligence: Assess the content of the documents for completion and compliance to:
? Standard Registration requirements
? Pre-determined Anti-Money Laundering / Know your Client requirements
? Maintenance of PEP registers (PEPs identified through pre-screening and the overnight Fircosoft process).
? Transaction monitoring process
? Testing of AML Letter of Assurance / Letter of Comfort if applicable
? QA review of Complex Investor AML Operations’ compliance with Client’s Investor AML processes and procedures.
? Internal / external Audits
? Handle all funds and auditors queries related to AML: Management of internal-external audit/ global compliance testing/ regulator reviews
? Respond to all clients and / or associated internal departmental queries in a timely, accurate and professional manner in accordance with departmental procedures.
? Internal Documentation review
? Application Forms and Prospectuses reviews
? procedures
ACCOUNTABILITIES
? Employees are required to comply with the regulatory regime in which the Client operates as appropriate to the above role.
? Employees are expected to exercise due care and diligence, and ensure that the responsibilities of the role are organised and controlled within the ambit of regulation, compliance and risk management.
? Employees are required to observe proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties.
RELATIONSHIPS
INTERNAL KEY STAKEHOLDERS
? Relationship Managers and CSM
? Internal Clients
EXTERNAL KEY STAKEHOLDERS
? External Clients
? External Auditors / Trustees and Compliance
? Shareholders
QUALIFICATIONS / SKILLS / EXPERIENCE
? Transfer Agency Line of Business system, understanding of processing and related concepts
? Transfer Agency Workflow processing system and concepts
? Basic but strong AND up to date understanding of AML regulations
SKILLS
? Computer literate
? Lotus Notes / Microsoft email
? Microsoft Excel, Word
EXPERIENCE
? Transfer Agency
? Registration
? Operational experience gained in a TPA, TA or Fund Management operation
? Effective risk management
? Customer Service experience
KNOWLEDGE
? Extensive knowledge of collective investment scheme administration and current regulatory environment
? An understanding of investment product administration
CORE COMPETENCIES
A strong / high level of the below:
? Understand principles of quality delivery
? Accuracy and attention to detail
? Planning / Organisational skills
? Work under pressure and unsupervised
? Interpersonal / Team player
? Self-motivated / Own initiative
? Ability to stay focussed / tenacious
? Effective communication skills, both verbal and written