Junior Compliance Officer

Posted 08 November 2022
Salary Up to £40000.00 per annum
Job type Permanent
DisciplineCompliance, Legal & Financial Crime
Contact NameYones Hassan

Job description

Our client is a Multi-National Fund Administration company searching for Junior Compliance officer to join their industry leading team in Luxembourg .


* Essential

+ Desirable


* Degree level or higher education with relevant financial services / regulatory experience in a Compliance environment

+ A compliance/AML certification would be an asset


* Minimum 2 years Compliance or related Risk and control experience

+ Experience in the Luxembourg fund service sector is an asset


* Understanding and knowledge of current industry legislation, regulation and working practices particularly in respect to regulatory matters

+ Advanced Microsoft Office skills is a bonus

Skills and Abilities

* Strong communication skills, both written and spoken (primary language English) with relevant internal stakeholders on compliance / regulatory risk / data protection standards

* Ability to write and analyse reports, identify failings

* Ability to operate effectively in a multi-disciplinary team and independently deliver high quality work

* Strong analytical and problem-solving skills

* Ability to multi-task and work to tight deadlines

* High ethical standards with the ability to handle sensitive and confidential matters with absolute discretion

* Ability to liaise and work with colleagues across various jurisdictions and in a diverse work environment

* Have an ability to liaise and communicate competently within a team in order to ensure the effectiveness of the Risk plan

* Ability to promptly and appropriately assess and escalate risks and/or failures of standards to be met, to management

* Good presentation skills

* Sense of loyalty and integrity

* Motivated, excellent team player

+ A second European language is helpful but not essential (English is the language of the firm)

Personal qualities

* Accountability

* Strategic thinker

* Responsible

* Role model

* Self-starter

* Eager to improve

* Hands-on mentality

* Ease to synthetise complex matters

* Rigorous


* Strong commitment to internal client service excellence

* Proactive and disciplined approach to work

* Progressive and takes responsibility for self-development

* Results driven

* Desire to promote company's policy of equal opportunities and diversity in the workplace, creating a working environment based on fairness, respect and positivity.

* Willingness to learn


Your role may include, but will not be limited to, the following tasks. The list is not exhaustive and may be amended from time to time:


  • Participate in the ongoing review of the internal policies and procedures
  • Supporting and performing due diligences on clients / their service providers / fund structures during the onboarding phase and on an ongoing basis (until such time as this activity is moved away from Compliance)
  • Preparing on-site visits and support in drafting of concise high-quality due diligence reports
  • Support and contribute to the preparation of client acceptance committees
  • Support on AML/CFT on assets
  • Support on RC mandates for investment funds
  • Participate in the ongoing compliance monitoring plan and work closely with colleagues on undertaking regular monitoring and testing, liaising with the business on identified findings
  • Contribute to the ongoing maintenance of a regulatory watch and being ahead of upcoming regulation
  • Take ownership for the creation and ongoing maintenance of a centralised register of outsourced service providers for ManCo/AIFM
  • Work closely with the business and internal stakeholders to ensure that all requirements pertaining to outsourcing are addressed
  • Work closely with and support colleagues on the production and provision of information for internal and external audit, third parties and regulatory enquiries
  • Address questions, concerns or issues from staff, internal clients or external parties