Compliance Officer

Redbridge has the privilege to be working with a private wealth management group located in Kirchberg who are currently looking for a German speaking Compliance Officer. This asset manager provides fund administration services to mainly private equity funds and the administration group has over €30 billion in assets under administration.

The offices here in Luxembourg were established a few months back and are looking for highly motivated staff members to join them to service their German speaking team.

Responsibilities

· Ensuring that the Company’s activities are conducted in compliance with applicable laws (including AML/ CFT)

· Privileged contact for authorities and in charge of remitting reports to authorities

· Ensure that relevant statutory authorities are informed of suspicious activities on a timely basis

· Ensure that all staff receive regular and up to date training on financial crime risks and on compliance matters.

· Provide support to the first line of defence and verify controls carried out by the first line

· Propose new measures on AML/ CFT

· Ensure quality of the first line of defence controls

· Report in writing on a regulatory basis and ad hoc to the RR to follow up on recommendations, highlight problems and shortcomings and irregularities.

· Prepare annual report of the activities and operations conducted and submit the report to the RR and to the Conducting Officers respectively

· Update the RR on changes in AML/ CFT regulations

· Consistently reviewing the policies and procedures to comply with relevant regulations

· Monitor relevant regulatory changes and assist in their implementation.

Requirements

· Bachelor’s degree in business or law

· Minimum 5 years experience within a similar position

· Eligibility for approval from the CSSF to act as Responsable du contrôle and as a Compliance

Officer

· Demonstrated knowledge of Luxembourg AML and other applicable regulatory requirements

· Good analytical skills, attention to detail and a challenging mindset

· Strong communication skills (both written and oral)

· Native German speaker

· High proficiency in English

Offer

· Competitive compensation package

· Employer-sponsored supplementary pension scheme

· Annual leave above legal minimum (30 days)

· Regular Company/Group events and workshops in and outside Luxembourg

If you are interested in this role, then please send your CV to richard@redbridgerecruitment.com