Regulatory Counsel

It's never been a more exciting time to join Vistra.  

At Vistra our purpose is progress. We believe that our clients have the power to change the world and to do great things for global progress, and we exist to remove the friction that comes from the complexity of global business – to help our clients achieve progress without friction. 

But progress only happens when people come together and take action. And we're absolutely committed to building a culture where our people can do just that.  

Vistra is seeking a qualified lawyer in Luxembourg to serve as Regulatory Counsel on the 2nd line Regulatory team, with a dual focus: 50% on Luxembourg-specific regulatory advisory and 50% on global regulatory advisory for the funds businesses across Vistra. The role is primarily advisory, supporting the business in interpreting new laws, horizon scanning, advising on escalations from first line teams (e.g., screening hits), drafting policies, and delivering training to funds business unit teams globally. Monitoring and assurance activities may be required when requested, but the core focus is on regulatory advisory.
 
 

Key responsibilities:

Regulatory Advisory (Primary Focus)

• Advise on new laws, regulations, and regulatory developments impacting Luxembourg and global funds businesses.
• Conduct horizon scanning to identify and communicate emerging regulatory risks and opportunities.
• Provide expert guidance on escalations from first line teams, including screening hits, suspicious activities and complex regulatory queries.
• Draft, review, and update regulatory policies to ensure compliance with Luxembourg and global requirements.
• Deliver training and awareness programs to funds business unit teams globally, ensuring understanding of regulatory obligations and best practices.
• Prepare and present reports on regulatory risk to boards and regional committees, highlighting key issues and recommendations.
• Serve as a subject matter expert on regulatory compliance for Luxembourg and global funds businesses.

Monitoring and Assurance (Secondary/On Request)

• Support monitoring and assurance activities as required, including oversight of controls, regulatory registers, and resolution of identified issues.
• Assist in preparing materials for regulatory monitoring and testing of systems, processes, and tools.

Stakeholder Engagement

• Collaborate closely with regulatory and business stakeholders in Luxembourg and globally.
• Communicate effectively with regulatory bodies and internal committees.
• Promote a culture of compliance, transparency, and ethical behaviour and clear 3 Lines of Defence across the organization.

Qualifications and Experience:

• Qualified lawyer (Luxembourg or equivalent jurisdiction) with a degree in law.
• Minimum of 5 years' experience in regulatory compliance, preferably within financial services or funds industry – PSF or CSSF.
• Strong understanding of Luxembourg and global regulatory frameworks for funds businesses.
• Experience in drafting policies, delivering training, and advising on complex regulatory matters.
• Excellent written and oral communication skills in English; additional languages (e.g. French) are an asset.
   

Key Requirements:
 

• Strong analytical and regulatory technical skills.
• Ability to work collaboratively and build positive professional relationships.
• Robust organizational, multitasking, and time management skills.
• High levels of integrity and professionalism.
• Skilled in identifying regulatory and risk-related challenges and developing innovative solutions.
• Attention to detail and excellent written and oral communication skills.

If you are excited about working with us, we encourage you to apply or have a confidential chat with one of our Talent Acquisition team members. Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey