Falkerin™ Recruitment specializes in Legal & Compliance, Accountancy & Finance as well as Banking and Operational Services recruitment. We are also often mandated to assist in recruiting for Business Support roles such as HR, Personal Assistant, Receptionist or Administrative Officer positions. We work with leading financial institutions in Luxembourg. Our clients’ portfolio include major Service Providers, leading Fiduciaries, Management Companies, Real Estate Investments and global Private Equity Houses.

Please see below job description and if you believe you have relevant experience and would like to be considered for the post please send us your CV in English directly to legaljobs@falkerin.lu or by clicking on the below APPLY button. Please make sure to include Reference# of the position in question.

If the role is not in-line with your expectations but you would like to receive professional advice regarding your career, Luxembourg labour market or more information about other current job opportunities please contact us either by using one of the two electronic forms available on this website or by calling our Luxembourg office at: T: +352 20 33 4240 or M: +352 691 728 795.

Responsibilities:

• Support in Financial Crime and Compliance matters for the Group
• Support in development and implementation of a Risk Management Framework and Compliance Strategy for the Group
• Review existing Financial Crime procedures and update as and when required
• Working to align standards to group-wide practices and CSSF AML/CFT expectations
• Support to design and implement a robust risk and compliance operating model in support of business strategy
• Support to design and implement a robust Financial Crime operating model in support of the business and clients
• Working with the Client Onboarding team with regard to KYC/CDD/EDD matters
• Build and maintain excellent relationships with all key stakeholders including regulators, authorities, colleagues
• Support the Head of Compliance, PSF in the drafting of proper compliance reporting to the Conducting Officers and the board of directors
• Participate actively in developing and promoting a positive, strong, commercial and compliant culture within the Group
• Support the Head of Compliance, PSF in providing required Financial Crime training and awareness
• Provide excellent levels of compliance management and oversight in line with the Group compliance standards, procedures and guidelines
• Support the set-up and implementation of depositary services in collaboration with external legal advisers
• Support relevant audits, regulatory visits, inspections, thematics and regulatory correspondence
• Assist in the establishment and maintenance of a monitoring programme for Risk Assurance
• Ensure completion of the annual AML risk assessment and survey
• Take responsibility for own personal development, in line with agreed annual performance objectives
• Support in the performance of impact assessments on proposed new regulations
• Consider and propose recommendations as to next steps, including the development of training materials
• Use experience and knowledge to ensure applicable policies and procedures are fit for purposes
• Maintain an awareness of likely regulatory changes across the jurisdictions
• Contribute to ad hoc Risk-related projects as may be required by senior stakeholders
• To uphold and act at all times in accordance with the Group's values
• Be able to assist with the delivery of face-to-face training, as may be required
• Draft investigation and surveillance findings, as may be required, such that the reports can be shared with regulators
• Assist with the review of ISARs and work with external authorities as may be required

Requirements:

• Suitable degree (preferred) or excellent hands-on financial services experience in Compliance / Financial Crime
• Relevant compliance and financial crime qualifications (or willingness to undertake training)
• Minimum of 5-8 years’ relevant finance industry experience
• Preferred experience in a fund administration and/or depositary service organisation
• Deep knowledge of funds and fund regulation
• Both operational and strategic business acumen; able and motivated when driving continuous improvements
• Proven track record in your area of expertise
• Comprehensive knowledge of the AML rules and regulations
• Comprehensive knowledge of legal and regulatory framework
• A detailed understanding of compliance related Risk Management
• Strong English communication skills (written and spoken)
• Ability to interpret legal and regulatory requirements and translate to commercial application
• Ability to make pragmatic decisions whilst managing conflicting and demanding deadlines
• Strong communication and presentation skills
• Building and promoting a risk aware culture
• Ability to contribute to strategic decision-making process, to develop policy, procedure and processes and implement change
• Collaboration and Stakeholder Management Skills
• Ability to promptly and appropriately escalate risks and/or failures of standards to be met, with suggested solutions
• Good problem solving skills, demonstrating a solution-driven approach
• Strong degree of business acumen
• Inspires client and team confidence
• Discretion, tact and diplomacy
• Strong commitment to compliance service excellence
• Proactive and disciplined approach to work
• Progressive and takes responsibility for development of self and others
• Results driven with can-do’ attitude
• Positive with good motivation
• Influencing skills to work with challenging behaviour
• Negotiating skills to defuse conflict and identify solutions
• Networking skills across organisational silos
• Good relationships with regulators and peers
• High ethical standard and the ability to handle sensitive and confidential information with absolute discretion
• Ability to communicate and liaise competently with internal and external stakeholders