The AML-CTF Compliance team is a part of the Continental Europe (ex-France) Compliance function and has global and regional responsibility over AML-CTF and compliance matters.
The AML-CTF Compliance Intern will provide support to the MLRO / RC in all matters relating to effective implementation of an AML-CTF governance framework for the Luxembourg branch and the Funds. The responsibility would include, without limitation, the following:
KYC / risk assessment:
- Perform AML-CTF compliance checks on the delegate investment managers, administrative agents and global distributor
- Perform AML-CTF risk assessment and prepare country risk assessment report
Oversight of delegates:
- Perform ongoing oversight and annual due diligence on the delegates (transfer agents and investment managers)
- Review periodic KPI reports received from the transfer agents
- Respond to ongoing requests and escalations from transfer agents
Reporting:
- Support in preparation and submission of regulatory reports, filings, questionnaires, surveys
- Support in preparation of internal governance reports, group reports
- Support in collection of information and documents for audit / ad-hoc requests
- Maintaining the Beneficial Owners Registers for the Funds
Screening and monitoring:
- Perform batch screening and sanctions screening checks using World Check tool and open source
- Perform transaction monitoring and cluster munition checks based on information provided by the service providers
Training:
- Organization and deployment of AML-CTF training program for all staff located in Continental Europe
Skills and experience required
The successful candidate will have the following experience and profile:
Educational background- Master’s degree with majors in Compliance, Risk, Internal Control or Law
- ACAMS / Compliance certification is an advantage
- Quick learner capable of taking ownership of responsibilities
- Strong analytical skills with attention to detail
- Ability to work independently with limited supervision
- Be a team player