Senior Compliance Analyst

Job Description

At abrdn, our purpose is to enable our clients to be better investors.

Clients worldwide trust us to find future-fit investment opportunities to deliver the outcomes they want. Our technology and insight help empower them to make better decisions, while the powerful partnerships we build help to enhance the expertise that we offer. And by enabling clients to invest responsibly, it helps us to build a better world.

abrdn's Luxembourg office is looking for a Senior Compliance Analyst to support the Luxembourg Compliance Department for the Group funds which have appointed Aberdeen Standard Investments Luxembourg SA as their Super Management Company. This includes providing support, within the Compliance Luxembourg team, for the funds registered in Luxembourg, Ireland and France and regulated by the CSSF, CBI and AMF in accordance with the requirements of the UCITS and AIFM directives as well as building knowledge with focus on product and structures; in particular on Private Markets aspects

Key Responsibilities:
- Investment restrictions monitoring, swift analysis of any potential breach and reporting to the board and depositary for regulated funds;- Active breach /material NAV error notification to the CSSF, including proper follow up on the resolution and preventive measures agreed.- Compliance advice to front office with regards to eligibility of assets and markets in line with UCITS regulation.- Compliance support and input to product development process (including fund launch, fund merger, liquidation and prospectus updates).- Compliance monitoring to ensure the Funds follow the terms of each respective prospectus, and their constitutional documents and applicable Luxembourg, Irish and French laws and regulations;- To assist in the maintenance of positive and constructive relations with the regulators, including providing routine and exceptional reporting to the CSSF, CBI and AMF where required, and to external auditors & service providers (including appointed central administrators/ depositaries).- To provide support for compliance reporting requirements, including the coordination of the internal reporting for Management Company Board paper, the compliance statements on the compliance status of the Group’s funds upon client’s request and RFP/DDQ.

Other Responsibilities- To assist the Compliance Manager in establishing and reviewing the team internal procedures in line with local laws and regulations.- To provide assistance to the ManCo and Group’s projects where compliance Luxembourg is involved and related tasks as appropriate.

What we're looking for:
- University degree in law, economics or accounting.- Proven experience in similar role, with expertise in Investment Compliance- Excellent understanding of Private Market and Real Estate funds- Knowledge of French AIFs funds and Irish domiciled funds (both UCITS and AIFs) would be a plus.- Self-starter who is able to flag issues and communicate clearly what the regulatory risks are- Fluent in English and French.- Understanding of a management company operational set up in Luxembourg (e.g. delegation and control functions in place)

Required competencies- Ability to prioritize tasks- Anticipate regulatory risks- Communicate professionally- Enjoys being part of a wider team- Attention to detail- Customer Focus- Market Knowledge- Ensuring Quality- Understanding of Regulatory Framework

Our business

Enabling our clients to be better investors drives everything we do. Our business is structured around three distinct areas - our vectors of growth - focused on our clients’ changing needs. You can find out more about what we do

here


An inclusive way of working

Whatever way you like to work, if you have the talent and commitment to join our team, we’d like to hear from you.

At abrdn we’ve adopted a ‘blended working’ approach. This approach combines the benefits of face-to-face collaboration, coaching and connecting in our offices with the flexibility of working from home. It enables colleagues to find a balance that works for their roles, their teams, our clients and our business.
- An inclusive culture

We’re committed to providing an inclusive workplace where all forms of difference are valued and which is free from any form of unfair or unlawful treatment. We define diversity in its broadest sense - this includes but is not limited to our diversity of educational and professional backgrounds, experience, cognitive and neurodiversity, age, gender, gender identity, sexual orientation, disability, religion or belief and ethnicity and geographical provenance. We support a culture that values meritocracy, fairness and transparency and welcomes enquiries from everyone.