Compliance Officer PE/RE

Pictet is an investment-led service company, offering wealth management, asset management and related services.

We are an independent investment partnership known for our long-term mindset, responsible approach to business and entrepreneurial spirit. These principles have defined us since 1805. For our clients, colleagues, and wider society, we always aim to do the right thing and honour our commitment to enduring quality.

With more than CHF 686 billion in assets under management or custody as of December 31st 2023, Pictet is today one of the leading Europe-based independent wealth and asset managers.

The Group is headquartered in Geneva, where its activities began, and employs more than 5000 employees. With 30 offices, it is also present in Amsterdam, Basel, Barcelona, Brussels, Dubai, Frankfurt, Hong Kong, Lausanne, London, Luxembourg, Madrid, Milan, Monaco, Montreal, Munich, Nassau, Osaka, Paris, Rome, Shanghai, Singapore, Stuttgart, Taipei, Tel-Aviv, Tokyo, Turin, Verona, Shanghai, New York and Zurich.

The Pictet Group is one of the world's leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700 people.

Pictet Asset Management (Europe) S.A., set up in Luxembourg in 2005, manages the assets of some of the world's largest institutions, financial intermediaries and their clients. Our culture welcomes independent thinkers and centres around investment excellence, a long-term perspective and a dedication to client service.

The role of the function is to support the conducting officer in charge of the Compliance function to ensure that the AIFM second line of defence is effective, documented and meets the legal and regulatory provisions applicable to investment funds (AIFs) and the AIFM in Luxembourg, with a strong focus on private equity and real estate asset classes (fund sector, co-investment and direct opportunities).

• Support the Money Laundering Reporting Officer and "responsable du contrôle du respect des obligations (RC)" of the Alternative Investment Funds under governance.
• Support the oversight and monitoring of delegated functions (distribution network included).
• Supervise AML obligations on private assets (PE, RE and Debt Fund) of the AIFM and AIFs.
• Manage compliance risks (identification, assessment, control and report) at the asset and AIFs and entity levels, with a thorough understanding and expertise of the asset classes and structures involved.
• Contribute to the reporting of the RC monitoring function to the AIFM board of directors, recommending action plans where necessary.
• Prepare RC regulatory reports for the AIFs under your responsibility to the Boards of the AIFs as well as to the regulators.
• Work in conjunction with the portfolio management and legal teams of the AIFM for the onboarding of new funds and co-investments.

Qualifications and experience:

• University degree in Law, Finance or Economics.
• 2 to 4 years' experience in a similar position or in another position dealing with the same domains of activity.

Specific knowledge:

• Good knowledge of European regulatory framework related to AML/CFT.
• Industry knowledge in private assets required.
• Working knowledge of FATCA-CRS or willingness to learn.
• Excellent MS Office skills (PowerPoint. Excel and Word).

Language skills:

• Fluency in both English and French.

Personal qualities:

• Good analytical and communication skills (oral and written).

We will not accept any CVs from agencies.

In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.

Flexible and modern ways of working
As a responsible and supportive employer, we promote the well-being of our employees through a set of flexible working arrangements, ranging from a work-from-home policy for eligible functions to opportunities for annualised part-time leave and extended parental leave.

Pictet is an equal opportunity employer and is committed to creating a diverse environment. We respect all individuals and seek their inclusion in the workplace.