Job | Compliance and AML Officer RE | Badenoch + Clark
Posted 06 January 2022
Location
Luxembourg
Salary
To be disclosed
Contract Type
Permanent
Category
Banking & Financial Services
Job Reference Number
JN-112021-211397
Industry
Financial Services
STATE
Luxembourg
Employment Type
Full Time

Client Description:

People are at the core of our business and we believe everyone has a chance to be part of the future of work. At Badenoch + Clark, we believe in talent, not labels, and embrace diversity and promote more inclusive employment to our clients and partners. 

An international leading real estate investment management company is looking for the Compliance and KYC Officer to join their growing Luxembourg office.

As the Compliance and AML Officer will be responsible for supporting the Fund Managers Compliance and AML operations and provide company secretarial support. The role of the Officer is responsible for conducting a periodic review in line with client policy to fulfil Know Your Customer (KYC) requirements. The Officer will also support Company secretary processes alongside the Legal team.

Responsibilities:

  • Providing general compliance support for the Fund Managers Luxembourg Compliance and AML operations
  • Compliance oversight of delegates, branches and third parties, as well as CSSF regulatory reporting
  • Assist in the management, maintenance, and review of appropriate KYC documentation/client files. Follow up and track all documents required to satisfy KYC and new account requirements.
  • Assist in the administration and review of Client Risk Scoring, Client Identification and KYC documentation oversight/management requirements
  • Escalate high risk and out of order records to MLRO and Compliance
  • Assist in KYC review and refresh of current Client population as needed
  • Reviews and escalates client records that maintain an out of order status. Document deficient files
  • Handle customer on-boarding and on-going due diligence in line with procedures, working with TA AML/KYC guidelines or Clients specific KYC policy for investors investing in the funds including collection of information and classification in line with various regulations such as FATCA, CRS, RDR, AIFMD
  • Use AML tools such as RDC, Exiger, ID Register for onboarding and monitoring/name screening
  • Provide clarification to investors, distributors or clients, handling queries and conference calls with multiple participants
  • Perform regular quality reviews and validation of AML/KYC and tax data (Risk rating report, FATCA, CRS , KPI…)
  • Provide clarification to investors, distributors or clients, handling queries and conference calls with multiple participants
  • Participate in various onboarding calls to explain the KYC/AML process to our clients
  • Manage the new launch of funds, migration and liquidation for the KYC/AML and Register activity
  • Ensure prompt release of pending cash items due to blocked account for KYC
  • Manage alerts due to name screening or incoming cash flows mismatched items
  • Other duties as assigned to assist with the effective administration of the AML and KYC Policies
  • Circulate meeting agendas and arrange for the production and distribution of Board/Committee papers for meetings
  • Handling inbound requests for corporate information
  • Arrange final agreements to be entered by the client companies for signature by the Board and other parties
  • Maintenance of corporate registers, databases and other company secretarial records following incorporations, changes, managers details (e.g. ID’s and proofs of address), and making filings working alongside lawyer and external service providers 
  • Updating RCS and RBE corporate extracts

Candidate Profile:

  • 3 years of recent relevant experience
  • Excellent written and verbal communication skills in English
  • Compliance and/or AML KYC experience within banking, funds, PE/RE or UCITS
  • Proficient analytical skills, attention to detail, and ability to quickly learn new concepts.
  • Good judgment, confidentiality and discretion in communicating with colleagues and partners
  • Knowledge in the AML main regulations and law
  • AML KYC On-boarding experiences
  • Articulate in both written and verbal communication
  • Prior experience in documentation management
  • Good knowledge of MS office- Excel, Word, Outlook, and other applications
  • Working successfully in a target driven operational environment Ability to manage performance and targets in a fast-paced, pressured environment
  • Excellent written and verbal communication skills in English are mandatory
  • Ability to handle a variety of projects at any time and deal with competing priorities
  • Demonstrate an ability to adhere to tight deadlines and deliver objectives under pressure,
  • Be personally organised and structured to operate in a fast-moving and challenging environment

To include yourself within this recruitment process; to find out more information about this role; or to discuss other career opportunities we have available, please contact Renata Ubaviciute as soon as possible - CONFIDENTIALITY ASSURED - Please note that by applying your cv is sent directly, and only, to the consultant in charge of this opportunity.

Before applying to any of our opportunities, we invite you to read our privacy policy, available on our website.

We’ll help you go further. 

Renata Ubaviciute +352 26 19 28 1022

#LI-RU1

Start A Conversation

What would you like to speak about?

What would you like to speak about?

Finding my next role

Find your nearest office to speak to a consultant about taking your career to the next level

Finding Candidates

Our experts are ready to help your business

Anything else

If you're looking for leading talent our experts are ready to help you