Join the Team that drives resolution of know your customer/anti-money laundering cases for one the world's most innovative banks!

As an Associate in the Anti-Money Laundering Team, you will be the escalation point for cases which are submitted from the Registration Unit of the Luxembourg Transfer Agency (TA) Operation. Your main function will be to perform the initial due diligence and investor identification process for the investor accounts that are escalated or to assess any applicable KYC requirement in case of changes of static data of the investor account (name change, agent, change of address extc). This includes financial crimes compliance covering anti-money laundering (AML), sanctions screening, controls regarding the financing of terrorism, bribery or corruption.

Job Responsibilities

• Process anti-money laundering (AML)/know your customer (KYC) assessments as relate to Account Opening or Account Maintenance within the applicable deadlines.

• Track pending AML /KYC documentation per investor account and per fund promoter.

• Review and respond to AML related queries across all clients within agreed time frames.

• Run, review and update AML reports and provide these reports to Clients/Investors.

• Implement and keep up to date procedures that ensure the team is compliant with all AML /KYC and Financial Crimes prevention policies.

• Support TA on complex account and/or payment related queries.

• Provide advice and guidance on regulatory requirements (internal and external).

Required Qualifications, Capabilities and Skills:

• Excellent overall knowledge of the Luxembourg Fund Industry.

• Very good understanding of local anti-money laundering laws, rules and regulations, in particular circulars and laws issued by the CSSF as relates to AML/CFT, e.g. CSSF Regulation 12-02, AML Law of 12 November 2004

• Extensive relevant Compliance, AML and data privacy experience or other related experience, e.g. legal, risk management, audit etc.

• Proven knowledge of regulatory requirements and an ability to translate them into operational/process requirements.

• Fluency in English.

• SSAE16/Long Form Report and other Audit experience.

Preferred Qualifications, Capabilities and Skills

• German, French or other European languages would be considered a distinct advantage.

• Project Management Skills and Client facing skills would be considered a distinct advantage.