RC (Responsable du Contrôle) Support & AML/KYC – Luxembourg

Role summary:

We are looking for an AML/CTF Compliance Officer to join our Funds & Institutional Clients Department in Luxembourg. This position involves acting as RC (“Responsible du Controle”) for a portion of the alternative investment funds and securitization vehicles managed by Altum Luxembourg, and providing assistance to the AML/KYC Onboarding team regarding all AML-related issues.

Key responsibilities

• Act as appointed RC « Responsable du Contrôle » for our Funds and Institutional Clients, perform AML oversight on Funds activities, due diligence controls on AIFM, Portfolio Manager and other service providers, and identification verification controls on investors, gather related KPIS, produce regular reporting including RC Reports and handle regulatory reporting and requests on behalf of the Funds, attend Funds board meeting and act professionally as RC.
• Draft AML/CFT Policy and Risk Assessment of the Fund.
• Organise AML/CFT trainings.
• Act as the priviledged contact for the Luxembourg authorities in charge of AML/CFT, registration with Go-AML, and make decision on measures to be taken when a suspicious activity or transaction is identified.
• Provide help, guidance and direction to other employees in relation to AML/CFT related queries.
• Remain informed and up to date on regulatory developments affecting the business and contribute to assessing their impact.
• Support responses to consultations and suggest necessary changes to policies, procedures and processes.
• Perform second line of defense reviews of transactions and funds risk ratings and monitor the transactions approved by the AIFM in accordance with the policies.
• Participate to Funds’ investors onboardings and AML/KYC assessments, and attend acceptance meeting of new investors with high-risk profile.
• Provide support for internal and external audits, and AML related internal audits points.
• Oversight of the AML/KYC Onboarding team, including client due diligence, daily screening and annual reviews.

Skills, Knowledge & Experience

• University degree in Economics, Finance, Law or Risk Management,
• Minimum of 4 to 6 years of experience within Compliance, Risk or Audit area,
• Strong understanding of regulations applicable to Luxembourg management companies (i.e. governance, AML, investor protection, rules of conduct, KYC, delegation oversight),
• Ability to work quickly and accurately under pressure with a minimum supervision,
• Comprehensive knowledge of Luxembourg requirements and industry standards applicable to AIFMs, real estate and private equity asset class(es),
• Fluency in English (mandatory), other languages would be an advantage,
• Self-starter who is comfortable working within an existing Compliance framework and program.

This is an exciting opportunity to join a high performing global operational department within a vibrant company focused on growth and quality of service. You will have the chance to work on challenging and rewarding projects that will enhance your skills and knowledge. You will also enjoy a competitive salary and benefits package.​

If you are interested in this position, please send your resume to lux.recruitment@altumgroup.com. We look forward to hearing from you.​

In compliance with Luxembourg Law of 23 July 2016, the selected candidate will be requested to provide a criminal record (section 3). As per Altum Group’s policy, the chosen candidate will be required to initiate the background check.