Distributor Due Diligence Specialist

Assessment of KYC files (completeness of documentation on file, analysis of powers of authorised persons, shareholding structures, beneficial ownerships, incorporation documents, etc.), and carrying out of AML Due Diligence and distributor due diligence (where applicable) on new and existing...

Description

  • Assessment of KYC files (completeness of documentation on file, analysis of powers of authorised persons, shareholding structures, beneficial ownerships, incorporation documents, etc.), and carrying out of AML Due Diligence and distributor due diligence (where applicable) on new and existing contractual counterparties and provision of risk based recommendations for approval to relevant committees ;
  • Responding to new information received on counterparties, supporting timely escalation, recommendation and resolution ;
  • Defining and maintaining client KYC checklists/AM/ Distributor Due Diligence Questionnaires for the use of internal and external clients ;
  • Answering day to day AML/CTF/Distribution oversight issues and queries ;
  • Assisting with client due diligence calls to obtain the required information and to explain the regulatory/ legal obligations ;
  • To work collaboratively with colleagues and take personal accountability to maintain and enhance controls you are responsible for to support improvement of the overall control environment, customers outcomes ;
  • Performing oversight and due diligence on shareholder activities (AML/KYC customers files assessments screening) ;
  • Ensuring business is conducted in compliance with relevant laws, rules and regulations ;
  • Providing support to the team in relation to distribution oversight activities, approval of sub-distributors appointments, review of KPIs, etc ;
  • Participation in ad hoc projects and assistance in provision of information to auditors and closure of audit points ;
  • Contributing to the development and maintenance of the KYC, AML/ Distributor Due Diligence Framework including screening and monitoring practices, tools, procedures, and AML/CTF assessment grids in accordance with regulatory requirements.

Your profile

  • Worked in a financial crime compliance/distribution oversight role (minimum of 3 years of experience including in a similar role) ;
  • Demonstrates a professional knowledge of the Luxembourg financial crime legislative framework (AML, CTF, Sanctions) and distribution oversight responsibilities (according to Circular 18/698) ;
  • Good knowledge of the fund industry/asset management industry, especially in distribution oversight and operational processes ;
  • Excellent written and oral communication skills ;
  • Very good command of English language; knowing any other language is an asset ;
  • Ability to conceptualise complex issues, ability to manage and deliver change ;
  • Team player, supportive with collegiate approach ;
  • Be proactive, decisive, demonstrate well considered judgements and anticipate emerging risks.

Offer

Our client offers a permanent contract.

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