Senior Associate, Management Company Compliance

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Our Regulatory consulting team helps firms deliver on a wide range of engagements including financial crime, compliance risk, regulatory readiness, compliance monitoring and regulatory reporting.

**RESPONSIBILITIES**:
Responsibilities (in collaboration with the Conducting Officer in charge of Compliance):

- Monitor compliance of the Management Company/AIFMs with the relevant rules, regulations and CSSF circulars (e.g. 18/698) and assess the appropriateness of internal policies, procedures and guidelines, make recommendations for amendments and perform regular and comprehensive compliance related risks assessments and testing,
- Be the appropriate internal control function and recommend corrective measures, ensure a follow-up of identified deficiencies/issues, supervise their implementation and ensure that corrective measures have proven to be efficient,
- Fulfil notification requirements with the CSSF on compliance matters and exercise any specific responsibilities such as reporting suspicious transactions related to money laundering and the fight against terrorism financing,
- Maintain and update compliance policies, procedures, compliance monitoring plan, AML policies etc.
- Assist in the preparation of the board reports specifically covering the compliance and MLRO part for both the Manco and the funds under supervision
- Support the Conducting officer in charge of Compliance/AML and prevent terrorism financing, which will include:

- AML Due Diligence oversight monitoring on delegates (TA, distributors, Portfolio managers) including onsite visits, specific testing, regulatory monitoring etc.
- AML/KYC on new clients, delegates
- monitoring of blacklist filtering
- generally, ensuring of all the applicable measures
- Perform necessary AML checks on new delegates and new clients
- Provide compliance and MLRO related updates to the Management Committee and Board of Director meetings for both the Manco. and funds under supervision,
- Provide effective guidance as the Compliance officer and MLRO to the broader team
- Instill good governance and AML/CTF awareness within the team, and also define appropriate standards as the SME
- Ensure smooth relationship with supervisory authority and auditors,
- Formalize and strengthen the company’s procedures to constantly improve operational effectiveness,
- Advise the team on developments on laws, regulation, rules and standards which might have an impact on the company,

**REQUIREMENTS**:

- University degree in finance, legal or economics or relevant business experience
- Strong knowledge of the Fund Services business and processes
- Minimum 3-5 years of hands-on experience as a Compliance Officer, preferably within a Management Company.
- Excellent knowledge of regulatory environment, including UCITS and AIFMD regulations, CSSF circulars, AML directives, FATCA/CRS etc.
- Direct experience dealing with the CSSF, Fund Admins, transfer agents,
- Good command of Excel, Word and PowerPoint
- Solution-driven and results-oriented, problem solving attitude, constructive mindset
- Autonomous, conscientious, rigorous, reliable
- ability to manage multiple projects on various time scales, strong follow-up, prioritization and a team player
- Proven experience and appetite to deploy concepts and ideas in practice
- The ability and desire to create a strong compliance culture
- Curiosity and eagerness to learn
- Fluency in English, any additional European language will be an advantage
- Additionally the following skills would be a desirable:

- Experience in a Management Company will be considered a significant asset

**Once you have applied, you will receive a survey from Career Spark to complete - this step is mandatory if you wish to be considered**.

Kroll is committed to equal opportunity and diversity, and recruits people based on merit.

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