Senior Fund Compliance Officer
fts global is proud to represent our client, an international business company who truly spans the globe, with a combined workforce of more than 275,000 dedicated team members and more than 30 overseas offices. Through their coast-to-coast U.S. presence, overseas offices in strategic locations, and technology platforms, they provide their clients the direct and on-the-ground support they need to effectively manage all their global business in 130 countries.
Key Responsibilities
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Review the funds compliance with investment guidelines and monitor portfolio compliance exceptions;
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Oversee the sub-advisors and perform follow up with them on any compliance breaches and ensure resolution;
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Develop and perform periodic compliance tests;
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Create compliance reporting to Management Committee, Management Company s’ Board and Funds’ Board to include all compliance issues;
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Report on an ad hoc basis in case material issues arise ensuring timely escalation of issues and recommendations;
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Review and approve due diligence questionnaire;
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Review distribution agreements;
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Fully cooperate with both Luxembourg authorities responsible for the fight against money laundering and the Group Compliance teams to ensure policies are appropriately implemented and processes are effective;
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Provide timely advice to business personnel with respect to distribution process, regulatory obligations, and concerns;
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Ensure the legal/regulatory compliance of the corporate structure, the Funds setup and the delegation framework by identifying potential risk areas linked to legal/regulatory obligations and initiate/monitor the implementation of rectifying /preventing measures;
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Foster an environment of continuous improvement;
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Respond to CSSF inquiries as appropriate;
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Assist with sales literature review, audit support, and other duties as requested;
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Be the central point of contact for the Internal and External Auditor, the CSSF, and other European authorities;
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Builds effective internal and external networks that ensure awareness and application of best practice across the organisation;
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Retain locally stored compliance records and related documentation;
Requirements
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Graduate degree in Law or Business Administration (Bac +5), from a recognised university and have followed extensive professional training;
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Substantial compliance/legal experience within the Luxembourg Fund industry; a minimum of 5 years of experience in a similar compliance function;
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Solid understanding of Luxembourg asset management rules, UCITS and AIFMD regulations;
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Extensive knowldege of AML/KYC regulations;
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Knowledge of global distributor regulatory requirements;
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Fluency in English and French;
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Ability to apply critical thinking to identify, assess and respond to risks. A true problem solver;
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Strong written and verbal communication and documentation skills.