VP Compliance

Vice President – Compliance

XB Luxembourg is representing a leading global, alternative investment business in the appointment of a Vice President – Compliance for its Luxembourg office.

Our client is a highly established international investment platform.

With a significant international presence and a broad institutional client base, the organisation combines extensive investment expertise with a sophisticated global platform. Its Luxembourg operations form an important part of the wider business and support a diverse range of alternative investment structures.

This is an excellent opportunity for an experienced compliance professional to join the Luxembourg team at an exciting stage of continued growth and development.

The Role

Reporting into the Luxembourg Compliance function, the Vice President will play a key role in supporting the firm's regulatory, compliance and governance framework.

The successful candidate will work closely with internal stakeholders, the AIFM, Group functions and external service providers to ensure that regulatory obligations are effectively managed and that the Luxembourg business maintains the highest standards of compliance.

Key Responsibilities

The role will include, but will not be limited to:

Working with internal stakeholders, the AIFM, Group functions and external service providers to obtain and assess information required for compliance activities.
Monitoring and reviewing AML/CFT documentation, working papers and periodic reporting.
Acting as a Responsible Coordinator (RC) for AIFs where required.
Monitoring regulatory developments and coordinating responses to ad-hoc compliance information and reporting requests.
Reviewing and overseeing regulatory submissions to the CSSF, AED and other relevant authorities in relation to AML/CFT and wider compliance matters.
Maintaining a strong and up-to-date understanding of Luxembourg and EU regulatory requirements applicable to alternative investment structures.
Identifying forthcoming regulatory changes, assessing their impact and supporting their implementation into relevant policies and procedures.
Supporting the ongoing review, enhancement and maintenance of the firm's compliance policies, procedures and control framework.
Maintaining and administering the Compliance support system and associated documentation.
Ensuring internal compliance reporting meets applicable audit, governance and CSSF expectations.
Supporting the establishment and launch of new AIFs, investment structures and related corporate entities where required.
Assisting with the preparation and delivery of compliance training, including annual AML/CFT training for relevant employees and governing bodies.
Reviewing compliance matters and issues escalated by administrators, depositaries and other service providers.
Supporting ongoing and ad-hoc compliance projects and regulatory initiatives.
Promoting a strong culture of ethics, integrity and regulatory compliance across the Luxembourg business.
Supporting the implementation of the wider Group Compliance strategy and ensuring local requirements are effectively incorporated.
Conducting compliance monitoring and testing activities to assess adherence to regulatory and internal requirements.
Identifying control weaknesses and potential compliance concerns, establishing root causes and supporting the development and implementation of appropriate remediation plans.
Preparing management, stakeholder and regulatory presentations covering compliance issues, recommendations and project progress.
Developing project plans, documentation and process analyses to support the continuous improvement of the compliance framework.
Undertaking additional compliance-related responsibilities and projects as required by the Conducting Officer.

Candidate Profile

We are seeking an experienced compliance professional with a strong background in Luxembourg alternative investment management and a practical understanding of the regulatory environment.

The ideal candidate will demonstrate:

At least 5 years' relevant compliance experience, ideally gained within an AIFM, management company, private credit, private equity or alternative investment environment.
Strong practical knowledge of Luxembourg and EU regulatory requirements, with particular expertise in AIFMD, AML/CFT and alternative investment funds and structures.
Previous experience within a management company or alternative investment environment.
A strong understanding of Luxembourg fund structures and the regulatory framework applicable to alternative investment managers.
The ability to build and maintain effective relationships with stakeholders at all levels, including senior management, service providers and regulators.
Excellent analytical and problem-solving