Compliance Manager Job Description
Key Responsibilities:
* We are seeking an experienced professional to oversee client mandates for our PSF Fund clients.
* The successful candidate will act as RC for client mandates and play a pivotal role in overseeing AML/CFT compliance, providing expert guidance, and ensuring adherence to regulatory requirements.
Responsibilities Include:
* Acting as RC for appointed client mandates, ensuring full compliance with Luxembourg AML/CFT laws and regulations.
* Developing, implementing, and monitoring policies and procedures relating to AML/CFT for assigned client mandates.
* Performing ongoing risk assessment and due diligence on clients, including complex structures and high-risk counterparts.
* Liaising with clients and regulatory authorities regarding AML/CFT obligations and responding to queries and requests.
* Carrying out oversight of transaction monitoring, suspicious activity reporting (STR/SAR), and maintaining record-keeping in accordance with regulatory standards.
* Preparing and delivering periodic and ad hoc AML/CFT reports to funds' management and the CSSF.
* Staying abreast of regulatory developments, best practices, and changes in AML/CFT legislation impacting PSF entities.
* Conducting AML/CFT training for relevant staff and clients as required.
* Participating in internal and external audits and assisting with remediation of identified issues.
* Collaborating with other compliance team members and operational departments on AML/CFT matters and providing subject matter guidance.
Requirements:
* A minimum of 5 years' relevant experience in AML/CFT compliance within the Luxembourg financial sector, with direct exposure to PSF/CDDO or related entities.
* Strong technical knowledge of Luxembourg and EU AML/CFT legislation, CSSF regulations, and best practices.
* Demonstrable experience acting as RC or Deputy RC in a PSF or similar regulated entities is strongly preferred.
* University degree in Law, Finance, Business, or relevant field; additional professional certifications (e.g., CAMS, ICA) are advantageous.
* Excellent analytical, organizational, and communication skills; ability to engage with senior management and regulators.
* Ability to work autonomously, handle multiple priorities, and deliver under tight deadlines.
* Fluency in English is required; proficiency in French and/or German is a strong asset.