Private Investment Execution Manager
il y a 1 semaine
**Private Investment Execution Manager -**
***Client On-boarding**
**Who we’re looking for**
**About Schroders**
We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.
We have around 6,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.
**What will be your main responsibilities**
The role of the Private Investment Execution Manager - Client Onboarding is articulated around two main activities
- Effective management of day to day responsibilities pertinent to the Initial and Ongoing due diligence activities on Schroders ‘ clients with an emphasis on quality and the awareness of money laundering risk.
- Ensure Schroders’ adherence to the outsourcing regulations (CSSF 18/698) in relation to AML/KYC delegated activities.
Both activities aim to maintain a robust governance framework that supports Schroder Investment Management Europe (SIM EU) global operating model; ensuring adherence to the Group Due Diligence Mandatory Procedures in line with Schroders obligations under applicable laws.
With help of a human-sized team, ensure the following duties and responsibilities:
AML/KYC Due Diligence activities:
- Maintain 1st line of defence compliance with AML policy and Schroders Financial crime principle.
- Develop effective controls related to AML in line with regulatory requirements/market practice which requires 4 eyes review and act as a checker in the context of initial and ongoing due diligence.
- Take ownership of complex AML matters or screening alerts and provide support to team members.
- Contribute to Schroders Business Committee by presenting the result of the due diligence performed.
- Identify, manage and mitigate AML related tasks; report and escalate AML risks as needed.
- Ensure that all documents related to customers are properly documented an accessible to internal and external auditors after required quality checks.
- Closely work with Compliance, Internal and external Audit by performing quality check on AML files passed to them.
- Support the wider Private Investment Execution Team in performing their duties.
- Ensure all activities are in line with Schroder’s Group Due Diligence Mandatory Procedures.
- Oversight activities on TA delegates performing AML/CTF due diligence
- Drive and enhance the various controls in relation to AML/KYC activities outsourced by Schroders Europe to the service providers for private assets
- Establish and maintain governance arrangements with the outsourcing service providers
- Maintain and enhance a scorecard on the AML/KYC activities delegated across the different service providers
- Work and feed the Private Investment Execution Team on the AML/KYC oversight activities performed
- Participate in all quality management and improvement activities, including participating in key stakeholder committees and meetings
- Act as a point of escalation for AML/KYC related matters and ensure that any escalated issues are resolved quickly and effectively within agreed timescales
- Participate to service call, annual onsite visits and perform a quarterly/annual sample check on AML/KYC files of the different delegates
- Ensure the timely receipt of accurate and complete reporting including KPIs and other metrics
- Attend and contribute to operational, client, risk, audit and regulatory meetings as required, and actively contribute to AML/KYC related working groups
- Ensure regular and accurate AML/KYC reporting on the oversight activities to Schroders Business Committee, the Boards and the Management
Ensure that internal procedures around the above main activities are reviewed annually or earlier if a material change to operational activities occurs
**The knowledge, experience and qualifications that you need**
It would help you if have:
- A proven career in AML/KYC (minimum of 6 years) at a TA with in-depth knowledge of AML/KYC regulatory requirements and market practice, particularly in Luxembourg.
- A good understanding of the TA processes in terms of AML/KYC due diligence and in particular familiar with the 4 eyes checks and quality controls required in the context of delegation of tasks.
- An expertise on the Commission de Surveillance du Secteur Financier regulations with regards to AML/CTF due diligence.
- A strong interpersonal skills with ability to communicate at all levels.
- A proven leadership, people management and organisational skills.
- Experienced in advising a team on a day to day basis and make key decisions.
- Experience of managing significant regulatory change in both a BAU and project environment, as well as effective relationship management skills with third party administrators.
- Excellent relationship building skills with internal stak
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