Luxembourg Job Openings

Arendt & Medernach

Senior Manager – Operational Compliance & AML

Luxembourg

CONTRACT

August 28, 2024

COMPANY

Arendt Investor Services S.A.

CONTRACT TYPE

Unfixed term contract

SENIORITY LEVEL

Experienced

Arendt Investor Services, which is the investor services’ arm of Arendt, the largest law firm in Luxembourg, is regulated by the Luxembourg supervisory authority (CSSF – Commission de Surveillance du Secteur Financier) and operates under the status of Professional of Financial Sector (“PSF”).Arendt Investor Services offers a wide range of services, such as domiciliation, corporate secretarial and accounting services, fund services, directorship of companies, tax-compliance services and assistance in the winding-up of companies.As a result of the continuous increase in our activities in the Internal Compliance Product Solutions’ department, we are currently looking for a:Senior Manager – Operational Compliance & AMLYour role:Ensure efficient daily management in a team of Responsable du Contrôle (RC);Proper Mandate coordination and allocation across the team;Assisting department’s top management in developing the activity of the department through analysis of the regulatory and compliance developments and managing a team providing related services;Develop a robust Compliance culture and proper use of all internal tools;Business process improvement and KPIs review;Define new or amend operating models interactively with legal and business constraints;Participate in the creation of business opportunities, maintaining and developing strong client relationships with internal and external stakeholders;Taking on mandates of AML/CFT Compliance Officer (“Responsable du Contrôle”) on behalf of Funds and Investment Fund Managers serviced by Arendt Services;Management of Budget of your portfolio ensuring an overall profitability on mandate activity;Review prepared Annual Risk Assessments and MLRO reports;Monitoring regulatory and compliance developments and contributing to the regulatory watch;Responsible for advising on regulatory updates to the Boards of the respective funds based on our internal regulatory watch;Being point of contact and provide compliance assistance to clients in relation to the services provided – to assess and plan their compliance controls according to standard methodologies and tools, ensuring follow-up and providing recommendations;Act as point of contact with the local authorities and regulators;Ensure the billing process is respected and clients are invoiced;Proper follow-up of the aging balance.Your profile:You have 7 to 10 years of experience in the compliance environment, preferably in a CSSF supervised environment You hold a Master’s degree in Economy, Finance, Law You have a solid knowledge of compliance related laws and regulation, in particular having regard to AML/CFTYou have exceptional communication skills in English, orally and written. Any other language will be an asset You are a go-getter and demonstrate ownership and rigor whilst being solution driven and client focused You meet regulatory requirements to take on AML/CFT Compliance Officer mandates and being approved by the relevant competent authorities We offer:Excellent career development opportunities with tailor-made internal training focused on both technical and soft skills;An entrepreneurial work culture where we promote talent & ideas;Multicultural, diverse teams encouraging collaborative work;The opportunity to work and interact within a wide network of specialists; and A hybrid working environment offering flexibility and the possibility to work from home.Arendt promotes equal opportunities and value each and every employee for what they bring to the community.For more information, please refer to our diversity and inclusion policy on our website.Interested?If you are interested in this job opportunity, we are looking forward to receiving your application.All applications will be treated confidentially.#AISAbout Arendt Arendt & Medernach (A&M) is dedicated to providing top-quality legal services. Based in Kirchberg, A&M is the leading independent law firm in Luxembourg, representing local and international clients in all areas of Luxembourg business law.Arendt Regulatory & Consulting (ARC) is a team of experts from a diverse range of fields. Based in Kirchberg, ARC offers the opportunity to advise asset managers and servicers on their fund regulatory matters.Arendt Investor Services (AIS) acts as a regulated business facilitator. Supported by a team of experts in Hamm, AIS offers a full range of corporate, tax and funds services.Are you interested in this job opportunity?We are looking forward to receiving your application.All applications will be treated confidentially.Arendt collects personal data related to your application for employment. We will retain your personal data for a period of three years for your application and potential future employment opportunities. After this time, without any need for contact from your side, your information will be deleted automatically. However, should you wish for your personal data to not be kept for three years for potential future employment opportunities, you have the right to object by contacting us at hr@arendt.com

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