Luxembourg Job Openings
A&O Shearman
AML/KYC Analyst (m/f/x)
October 17, 2024
Department purpose
Our Luxembourg internal compliance team is in charge of ensuring that our group policies and procedures are kept up to date and reflect local Luxembourg law requirements. It works hand in hand with our legal practice groups and other support departments to address compliance issues and implement internal processes. It also collaborates with our UK-based global teams in charge of the on-boarding of new clients and client engagement terms.
Role purpose
The compliance analyst assists our legal teams with the on-boarding of their clients and the periodical review of the clients’ KYC files to ensure compliance with internal policies and procedures and applicable laws and regulations.
The compliance analyst will work under the supervision of the firm’s regulatory and compliance in-house lawyer and the senior compliance analyst.
Role and responsibilities
The compliance analyst will assist with the implementation of our:
Matter opening procedure: confirm the form of engagement terms to be agreed with the client for each new matter and ensure proper record keeping of such terms once approved;
AML-CTF policy: run searches in available public websites and databases, analyse the ownership / control structure of the prospective clients, liaise with legal teams or their clients to collect KYC documents, liaise with the UK-based global team in charge of the on-boarding of new clients, review and update existing clients’ KYC files, prepare a risk assessment form for each matter to be approved by the relevant matter partner and ensure proper record keeping.
More generally, he/she will work closely with legal teams to ensure compliance with the firm’s policies and procedures in the areas of matter opening, AML-CTF and ensure that the process is as efficient and streamlined as possible, whilst remaining thorough and rigorous.
Key requirements
Bachelor or Master’s degree in Law or Finance or Business Administration.
2-4 years of relevant experience, ideally in the legal / professional services sector.
Knowledge of the AML-CTF regulatory framework.
Ability to quickly assimilate internal processes.
Good interpersonal and organisational skills.
Professional working proficiency in English and French (oral and written).
Strong attention to detail and committed to quality and professionalism.
Self-confident and proactive in taking the lead on projects, following-up as necessary and interacting with relevant stakeholders.
Team player, open-minded.
Ability to set priorities, keep track of workflows and work with tight deadlines.
We offer a competitive remuneration package commensurate with your qualifications and experience, a flexible work environment (60/40), a wide range of training opportunities for continuous development, 100% coverage of public transportation costs, a restaurant with subsidized meals, a fitness room with a wide range of group classes, a concierge service and a health insurance.
A&O Shearman is a new global industry-leading law firm, with nearly 50 offices in 29 countries worldwide . Our fluency in English law, US law, and the laws of the world’s most dynamic markets, enables us to provide unmatched insight and seamless delivery to clients. We work on challenging and important deals and disputes that have the potential to shape the future.
We offer exceptional opportunities for our people; opportunities to work for the world’s leading businesses; to transform the status quo, and to deliver your best work, helping you and your career to thrive, while delivering unparalleled outcomes for our clients.
Whether you're helping clients solve complex challenges, transforming the ways we manage our business, or ensuring the smooth-running of our operations, this is an environment where you can belong and excel.
We provide first-rate training and development, are committed to diversity, equity, and inclusion, and offer support and ways of working that help you optimize your wellbeing. We also actively support the inclusion of neurodiverse individuals, ensuring our workplace is welcoming and accommodating for everyone.
What truly defines a career with us? We recruit the best and ask for the best of you. And together, we will redefine success.
Belong. Excel.
Our Luxembourg internal compliance team is in charge of ensuring that our group policies and procedures are kept up to date and reflect local Luxembourg law requirements. It works hand in hand with our legal practice groups and other support departments to address compliance issues and implement internal processes. It also collaborates with our UK-based global teams in charge of the on-boarding of new clients and client engagement terms.
Role purpose
The compliance analyst assists our legal teams with the on-boarding of their clients and the periodical review of the clients’ KYC files to ensure compliance with internal policies and procedures and applicable laws and regulations.
The compliance analyst will work under the supervision of the firm’s regulatory and compliance in-house lawyer and the senior compliance analyst.
Role and responsibilities
The compliance analyst will assist with the implementation of our:
Matter opening procedure: confirm the form of engagement terms to be agreed with the client for each new matter and ensure proper record keeping of such terms once approved;
AML-CTF policy: run searches in available public websites and databases, analyse the ownership / control structure of the prospective clients, liaise with legal teams or their clients to collect KYC documents, liaise with the UK-based global team in charge of the on-boarding of new clients, review and update existing clients’ KYC files, prepare a risk assessment form for each matter to be approved by the relevant matter partner and ensure proper record keeping.
More generally, he/she will work closely with legal teams to ensure compliance with the firm’s policies and procedures in the areas of matter opening, AML-CTF and ensure that the process is as efficient and streamlined as possible, whilst remaining thorough and rigorous.
Key requirements
Bachelor or Master’s degree in Law or Finance or Business Administration.
2-4 years of relevant experience, ideally in the legal / professional services sector.
Knowledge of the AML-CTF regulatory framework.
Ability to quickly assimilate internal processes.
Good interpersonal and organisational skills.
Professional working proficiency in English and French (oral and written).
Strong attention to detail and committed to quality and professionalism.
Self-confident and proactive in taking the lead on projects, following-up as necessary and interacting with relevant stakeholders.
Team player, open-minded.
Ability to set priorities, keep track of workflows and work with tight deadlines.
We offer a competitive remuneration package commensurate with your qualifications and experience, a flexible work environment (60/40), a wide range of training opportunities for continuous development, 100% coverage of public transportation costs, a restaurant with subsidized meals, a fitness room with a wide range of group classes, a concierge service and a health insurance.
A&O Shearman is a new global industry-leading law firm, with nearly 50 offices in 29 countries worldwide . Our fluency in English law, US law, and the laws of the world’s most dynamic markets, enables us to provide unmatched insight and seamless delivery to clients. We work on challenging and important deals and disputes that have the potential to shape the future.
We offer exceptional opportunities for our people; opportunities to work for the world’s leading businesses; to transform the status quo, and to deliver your best work, helping you and your career to thrive, while delivering unparalleled outcomes for our clients.
Whether you're helping clients solve complex challenges, transforming the ways we manage our business, or ensuring the smooth-running of our operations, this is an environment where you can belong and excel.
We provide first-rate training and development, are committed to diversity, equity, and inclusion, and offer support and ways of working that help you optimize your wellbeing. We also actively support the inclusion of neurodiverse individuals, ensuring our workplace is welcoming and accommodating for everyone.
What truly defines a career with us? We recruit the best and ask for the best of you. And together, we will redefine success.
Belong. Excel.
We regret to inform you that this job opportunity is no longer available as it has expired
New Job Alerts
Peiffert & Fils
Architecte d’intérieur - Responsable du service sanitaire (H/F)
FULL TIME
November 19, 2024
View Job DescriptionVille de Luxembourg
Plusieurs éducateurs diplômés (m/f)
FULL TIME
November 19, 2024
View Job Description
OTIS
Ingénieur d'Affaires MOD&NE - Ascensoriste H/F/X
FULL TIME
November 19, 2024
View Job Description
Caritas Jeunes & Familles
1 Gestionnaire des batiments (h/f/x) - 40h - CDI - Siège
Luxembourg
FULL TIME
November 19, 2024
View Job DescriptionVille de Luxembourg
Un opérateur social du central Téléalarme (m/f)
FULL TIME
November 19, 2024
View Job DescriptionLooking for similar job?
State Street
Registration AML/KYC, Associate 2
Luxembourg
FULL TIME
September 30, 2024
View Job Description
State Street
Registration AML/KYC, Senior Associate
Luxembourg
FULL TIME
September 30, 2024
View Job Description
New Job Alerts
Peiffert & Fils
Architecte d’intérieur - Responsable du service sanitaire (H/F)
FULL TIME
November 19, 2024
View Job DescriptionVille de Luxembourg
Plusieurs éducateurs diplômés (m/f)
FULL TIME
November 19, 2024
View Job Description
OTIS
Ingénieur d'Affaires MOD&NE - Ascensoriste H/F/X
FULL TIME
November 19, 2024
View Job Description
Caritas Jeunes & Familles
1 Gestionnaire des batiments (h/f/x) - 40h - CDI - Siège
Luxembourg
FULL TIME
November 19, 2024
View Job DescriptionVille de Luxembourg
Un opérateur social du central Téléalarme (m/f)
FULL TIME
November 19, 2024
View Job Description