Job Title: HEAD OF COMPLIANCE-ASSET MANAGEMENT - Luxembourg


Reference:AJB JB AM 181


Date: 27 Sep, 2019

Location: Luxembourg


Assignment Profile:

Our client is a highly regarded international Asset Manager with over £30billion of Assets under management. Operating in the UK, Europe, North America and the Middle East Clients include Institutional, Private Equity and Third party Distributors working primary in the Funds and UCITS space They are seeking a Head of Compliance to take responsibility for the Compliance department in Luxembourg Duties and Responsibilities will include; • Lead a team of 4 compliance officers • Implement and enforce Compliance strategy in Luxembourg as communicated by the Group Compliance on an ongoing basis. • Maintain and develop a risk-based Compliance Monitoring Programme covering the Luxembourg regulated business, formulate an annual plan, conduct a programme of monitoring tests and report and track the issues highlighted. • Identify regulatory/compliance developments, assess the impact to the business and initiate necessary changes or seek to ensure that relevant managers initiate such changes. • Ensure escalation of significant regulatory and compliance risk issues and deficiencies to relevant business supervisors, operating committees, boards of directors and group compliance management. • Implement and maintain internal compliance related procedures • Ensuring an adequate documentation level of clients’ files and their compliance with regulatory requirements (AML, MiFID, FATCA, CRS etc.); • Oversight of Investment Guideline Monitoring activities (this experience would be useful) • Board and Committee Reporting • Compliance oversight of outsourced third parties/service providers (such as Transfer Agents, Custodians/Depositary, External Asset Managers and distributors) • Assuring the prevention of money laundering and terrorist financing • Provide advice proactively on financial services and compliance matters in connection with both existing and new business proposals. • Promote the highest ethical standards required of staff and to ensure staff meet the requirements of the Compliance Manual and the relevant regulatory rules in Luxembourg. • Collaborate to group–wide compliance arrangements.

Candidate Profile:

Desired Candidate profile: • Well educated, degree holder, legal, accountant background would be a plus • More than 10 years’ experience in a relevant Compliance position • Solid knowledge of investment funds, including both UCITS and AIFMD regulations. • Strong understanding of the relevant rules and regulations for compliance theme areas, including AML/KYC laws, MiFID, FATCA/CRS, MAR and Luxembourg's main financial instructions • Fluent, both written and orally, in English. French would be an asset. • You are proficient with MS Office. • You have excellent attention to details, precision and analytical skills, responsiveness and problem-solving skills. • You are a team player with strong organizational and good communication skills.

Consultant: Jonathan Banjo


Consultant Email: jbanjo@ajbexecutivesearch.co.uk


Salary:Circa €120-145,000 Plus Benefits and Bonus


If you feel you are a suitable candidate for this position please contact Jonathan Banjo

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