We are working with a regular client of ours who have an international footprint in the corporate service provider space. The client is looking for a Senior Compliance Administrator to join the team.
THE RESPONSIBILITIES:
Provide guidance in an appropriate application and interpretation of laws, regulations and policies from a compliance and regulatory perspective;
Providing guidance on the development, implementation and maintenance of robust policies, procedures and practices to cover regulated activities;
Assisting the preparation and implementation of the compliance monitoring plan with tests of internal controls and procedures to ensure that risks are being managed appropriately;
Conducting tests of internal controls and procedures to ensure that risks are being managed appropriately;
Preparing internal and external Compliance reports;
Providing regular reporting to the board of directors on compliance related matters;
Keeping registers of conflicts of interests, whistleblowing, breaches, complaints and outsourcing up to date;
Reviewing all notices and correspondence received from the CSSF and ensure these are saved to our systems with findings reported to the Directors.
Monitoring relevant websites to ensure our files re Sanctions / Terrorist Listings are kept up to date;
Ensuring that all conflicts of interest, invitations and gifts are logged;
Actively participate and be a key team member in the implementation / monitoring / improvement of tailored compliance and regulatory services offered to Fund and Corporate client’s entities.
To receive, consider, investigate, analyze and draft suspicious reports (STRs and SARs);
To represent the firm to all external agencies, e.g. regulators or law enforcement agencies, and in any other third-party enquiries in relation to money laundering prevention, investigation or compliance;
To be aware of any relevant sanctions, prohibition or advisory notices. Also, if necessary, advising management and relevant employees of the names of any individuals and institutions on the sanctions list;
To promptly respond to any reasonable request for information from the CSSF and/or law enforcement agencies;
To maintain records of all reports made to the relevant law enforcement agencies;
To maintain a register of all reports made to the FIS;
To present information, such as Enforcement Notices, updates and Sanctions Lists, to the relevant board of directors;
To support providing and presenting the compliance report to the board of Directors on a quarterly basis.
EXPERIENCE REQUIRED:
3-5 years’ experience within a corporate service provider
Strong generalist compliance knowledge – THIS IS NOT A KYC ROLE (practical AML and Regulatory compliance experience required.)
Fluency in English, French is an Asset, any other languages advantageous.
Ability to commute to Strassen area of Luxembourg
For further information please contact Jordan White
