Senior Administrator – AML/KYC Officer

ROLE OVERVIEW

The role reports to the Risk and Compliance Managers of JTC Lux AIFM within a team of people supporting the needs of the Financial Fund Risk Management.

PURPOSE OF JOB

The Senior AML/KYC Officer will play a critical role in ensuring the AIFMs compliance with AML/KYC regulations. The position requires a blend of expertise in AML/KYC practices, regulatory compliance, and excellent communication skills to effectively collaborate with internal teams and clients. It is envisaged that the scope of the role will broaden in line with a wider compliance function.

MAIN RESPONSIBILITIES AND DUTIES

• Conduct thorough AML/KYC due diligence for Real Estate and Private Equity funds, ensuring compliance with regulatory requirements and internal policies.
  
• Oversee the on boarding process for new investors, performing in-depth assessments of investor profiles and documentation.
  
• Collaborate closely with the other teams from the AIFM to ensure seamless operations and adherence to compliance standards.
  
• Prepare and maintain comprehensive reports on AML/KYC activities, providing insights and recommendations to the Compliance Officer and manage short term projects, quickly analyse requirements, work with minimal supervision and deliver to agreed deadlines.
  
• Serve as a subject matter expert on AML/KYC matters, offering guidance and internal training if needed.
  
• Execute ongoing monitoring and reviews of existing client relationships to identify and mitigate potential risks.
  
• Collate, develop and maintain database of all clients
  
• Collect of hard and/or soft copy of all relevant and required client AMLKYC supporting documentation.
  
• Develop and maintain excel database and populate all relevant fields but also maintain Online Screening application and completion of checklists.
  
• Attend conference calls with clients, Internal and External auditors in matters related to AML/KYC.

ESSENTIAL REQUIREMENTS

• Bachelors or Masters degree in Economics or Finance or law.
  
• Minimum of 3 years of extensive experience in AML/KYC requirements in Luxembourg and to European standards within the Luxembourg financial sector.
  
• Fluency in English; Proficiency in French considered advantageous.
  
• Strong drafting and report writing skills, capable of producing detailed and articulate documentation.
  
• Exceptional organizational skills with a meticulous and diligent approach to work.
  
• Ability to adapt to evolving regulatory landscapes and proactively implement necessary changes.
  
• Have appropriate Microsoft Excel skills.