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 operationaljobs@falkerin.lu or by clicking on the below APPLY button. Please make sure to include Reference# of the position.

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 by using one of the two electronic forms available on this website.

Recruit. Quality. Future.™

Responsibilities:

• The role will be focused on ensuring effective risk management processes and reporting, including regulatory aspects
• The specialist at the AIFM prepares and oversees reporting, monitors, updates and supports compliance audits, contributing to the organisation’s commitment to sound risk practises and regulatory excellence
• Prior experience in a similar position (risk and/or compliance), gained ideally with an audit/consulting firm, fund manager, or trust company
• University degree ideally in Finance, Law or Economics
• In-depth understanding of AIFMD, and other relevant regulatory frameworks, with the ability to navigate and interpret financial regulations
• Excellent analytical and problem-solving skills, coupled with meticulous attention to detail, to effectively address complex regulatory and compliance challenges
• Knowledge of accounting principles, including LUX-GAAP and IFRS, with the ability to handle consolidation issues and work with financial statements
• Expertise in MS Excel for data analysis and reporting
• Familiarity with AML/CTF measures and an understanding of compliance auditing processes to ensure adherence to legal and regulatory requirements
• Strong verbal/written communication and coordination skills to convey complex regulatory information clearly to different stakeholders and collaborate effectively with cross-functional teams
• Ability to adapt to a dynamic regulatory environment, stay informed about changes, oversee the implication for the AIFM and implement adjustments accordingly
• Strong documentation skills to maintain accurate and up-to-date records of regulatory reporting processes and compliance procedures
• Strong team player with the ability to collaborate with various departments and locations, including legal, finance, and operations, to address compliance concerns and ensure a cohesive approach to compliance/risk management
• Fluency in English, with knowledge of Italian/French/Spanish considered an asset for effective communication in a multilingual environment
• Proactive attitude towards continuous learning and staying updated on industry trends and regulatory changes
• Good self-organization skills, demonstrating the ability to work with minimum supervision and manage multiple tasks efficiently

Requirements:

• Assist in managing the reporting processes, ensuring timely and accurate submission of required reports to relevant internal and external stakeholders
• Stay updated on regulatory changes and updates, supporting the adaptation of reporting processes to meet evolving compliance standards
• Support the development and generation of management reports providing insights into risk and compliance metrics
• Collaborate with cross-functional teams to gather data, analyse trends, and contribute to the production of comprehensive reports
• Risk/Regulatory Updates
• Monitor and analyse changes in financial regulations, directives, and guidelines affecting the AIFM
• Assist in providing timely updates to the risk and compliance team, collaborating with other departments to implement necessary changes for continuous improvement
• Assist in the planning and execution of audits, working closely with internal and external auditors to ensure a thorough execution of audits
• Maintain accurate and up-to-date documentation of regulatory reporting processes and internal procedures
• Identify opportunities for process improvements and contribute to the enhancement of risk & compliance-related workflows
• Collaborate with various departments, including legal, finance, and operation