Senior AML/ KYC Officer – Luxembourg

THE COMPANY:

We are working with a fund, trust and service provider, who are on the search for a Senior AML/KYC Officer to join the team.

Having worked successfully with this client over the last 2 years, they have had a 100% retention rate within the compliance team.

THE RESPONSIBILITIES:

• AML/KYC support: analyse client structures and determine appropriate KYC requirements
• Perform AML / KYC due diligence on new clients and the re-assessment of the existing clients
• Prepare AML / UBO declarations on the basis of existing corporate and fund structures
• Maintain and record information on the client software
• Perform name checks and further internet research
• Coordinate and monitor with the compliance department the ongoing transaction – payments approval
• Participate to the compliance acceptance or re-acceptance committee meetings
• Assist clients with their FATCA/CRS obligations
• Investigate and escalate identified compliance issues
• Participate in regulatory assessments, gap analysis, and risk assessments
• Contribute to projects involving compliance
• Review existing policies, procedures, check lists and propose amendments
• Conduct training programs to ensure employees are aware of compliance policies, procedures and checklists

EXPERIENCE REQUIRED:

• Extensive experience in the Luxembourg financial service industry with a good understanding of KYC/AML framework and knowledge of recent legislative developments (e.g., AML6, etc.) and the functioning of funds.
• Good understanding of FATCA/CRS regulations Luxembourg
• Experience in the trust and corporate services industry is a plus.
• Good understanding of the business plan of the company and ability to identify where compliance risks could arise.
• Clear thinking in management of policies and procedures that identify and manage compliance risks.

For further information please contact Jordan White