Conducting Officer – Compliance

Our client is a global Asset Manager with a varied portfolio of Alternative Assets over €50 billion under management.

They have already established a stable Luxembourg team that is going through consistent growth!

 

They are now looking to hire a new Conducting Officer – Compliance. They are looking for energetic and motivated individuals who are ambitious to join a growing structure!

 

This position will form part of the AIFM’s Senior Management and report to the board of the AIFM and the Head of European Compliance.

This role will be responsible for the compliance function of the AIFM, serve as its RC as well as the RC for the Group funds managed by the AIFM.

Additionally, there will be an opportunity to be involved with the broader compliance program across Europe and ensure consistency across the enterprise where possible.

 

Duties:

» Protect the integrity and reputation of the Company and develop a positive compliance culture

» Review and periodically update the Compliance Code of Conduct

» Review, update and implement other policies and procedures required to ensure the Company

complies with applicable law and regulations;

» Execute and update (as needed) the compliance monitoring program adapted to the risks of the

Company;

» Perform periodic testing of compliance with applicable law and regulation;

» Monitor the proper implementation of corrective actions identified during the compliance monitoring and testing;

» Resolve specific regulatory issues reported to the compliance function;

» Keep abreast of law and regulation applicable to the Company and advise relevant parties, including, but not limited to, the Board, on relevant regulatory changes and compliance matters;

» Provide appropriate regulatory compliance training to employees in order to maintain compliance

awareness;

» Assume responsibility of all AML/KYC matters and be the RC for the AIFM as well as Group Funds;

» Perform the role of Regulatory liaison to the CSSF and coordinator for regulatory inspections and

reviews;

» Resolve investor complaints, maintain the complaints register and report annually to the CSSF on

complaints;

» Maintain a register of potential and actual conflicts of interests;

» Ensure that the Company always has all relevant and applicable licences and permissions in order for it to conduct its business;

» Work with the other Conducting Officers to provide effective day-to-day management of the

Company.

» Review and approve marketing materials and submit marketing notifications/applications to the CSSF

 

 

 

Requirements:

» Experience (8 -10 years+) in financial law and regulation, alternative investments and financial

markets, with focus on regulatory compliance, law or other relevant control function in the private

equity, real estate and private debt strategies.

» Expert knowledge of Luxembourg law and regulation as applicable to Alternative Investment Funds

» Excellent written and oral communication skills. Fluency in English is essential; proficiency in French and/or German an advantage

» Strong academic background: relevant degree level qualification

» Self-starter and strong team player

» In office presence required, minimum of 4 days per week with occasional travel to various locations

» Previous experience with CSSF inspections is a plus

Tagged as: aifm, AML, compliance, conducting, KYC, officer, RC