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Copyright 2019 fts global

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

  • Review the funds compliance with investment guidelines and monitor portfolio compliance exceptions;

  • Oversee the sub-advisors and perform follow up with them on any compliance breaches and ensure resolution;

  • Develop and perform periodic compliance tests;

  • Create compliance reporting to Management Committee, Management Company s’ Board and Funds’ Board to include all compliance issues;

  • Report on an ad hoc basis in case material issues arise ensuring timely escalation of issues and recommendations;

  • Review and approve due diligence questionnaire;

  • Review distribution agreements;

  • 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;

  • Provide timely advice to business personnel with respect to distribution process, regulatory obligations, and concerns;

  • 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;

  • Foster an environment of continuous improvement;

  • Respond to CSSF inquiries as appropriate;

  • Assist with sales literature review, audit support, and other duties as requested;

  • Be the central point of contact for the Internal and External Auditor, the CSSF, and other European authorities;

  • Builds effective internal and external networks that ensure awareness and application of best practice across the organisation;

  • Retain locally stored compliance records and related documentation;

Requirements

  • Graduate degree in Law or Business Administration (Bac +5), from a recognised university and have followed extensive professional training;

  • Substantial compliance/legal experience within the Luxembourg Fund industry; a minimum of 5 years of experience in a similar compliance function;

  • Solid understanding of Luxembourg asset management rules, UCITS and AIFMD regulations;

  • Extensive knowldege of AML/KYC regulations;

  • Knowledge of global distributor regulatory requirements;

  • Fluency in English and French;

  • Ability to apply critical thinking to identify, assess and respond to risks. A true problem solver;

  • Strong written and verbal communication and documentation skills.