Compliance Officer

Risk & Compliance Luxembourg, Luxembourg


Description

Compliance Officer

Luxembourg

 

About Citco

Citco is a global leader in fund services, corporate governance and related asset services with staff across 80 offices worldwide. With more than $1 trillion in assets under administration, we deliver end-to-end solutions and exceptional service to meet our clients’ needs.

For more information about Citco, please visit www.citco.com

About the Team & Business Line:

The Citco Group Compliance function drives for best practice and highest ethical standards, providing technical support to the business functions, identifying and reducing/minimizing operational compliance risk across the business functions and continually developing key processes in line with Luxembourg financial industry and regulatory changes.

The Citco Group of Companies provides a broad range of financial services through its three business divisions that are present in Luxembourg:

  • Depositary and Banking services with Citco Bank Nederland N.V., Luxembourg branch (“CBNL”).
  • Fund Services as fund administrator (hedge, PERE and SPVs)
  • Governance Services as provider of trust and corporate services to commercial companies based in Luxembourg

The role will be acting as a member of the Citco Compliance team in Luxembourg, reporting to the Senior Compliance Manager in charge of the Citco Group Compliance function in Luxembourg, as well to the CBN Compliance Officer in the Netherlands on CBN Group matters. The role will predominantly focus on CBNL, and there will be close contacts with the bank’s Compliance function in the Netherlands. 

Your Role:

  • You will support CBNL Compliance Officer and act as reference on key regulatory areas within the bank;
  • You will provide AML/CFT Advisory (technical support as per business requirements);
  • You will perform regulatory watch and identify strategic changes and impacts for the business;
  • You will prepare and maintain internal documentation up-to-date (policies, procedures and manual);
  • You will manage Regulatory Compliance issues (fraud, AML/CTF and sanctions) and ensure communications and reporting to the relevant authorities and the business;
  • You will process questionnaires and requests received by 3rd parties, and perform compliance monitoring activities;
  • You will prepare and give Compliance training to staff;
  • You will also support the Compliance function for the other Citco Luxembourg PFS entities with similar tasks as above.

About You:

  • You have a degree in Law, Economics or Management, with at least 3 years related work experience in the Luxembourg financial sector ( in a bank, fund manager, or custodian);
  • You have sound regulatory compliance knowledge of banking and depositary;
  • You have thorough understanding of Know Your Customer regulations (including AML/CFT framework);
  • You have an understanding of the Private Equity and Real Estate Industry.
  • You show good understanding of non-financial risk;
  • You are an excellent communicator (fluency in English is necessary).

Our Benefits

Your well being is of paramount importance to us, and central to our success. We provide a range of benefits, training and education support, and flexible working arrangements to help you achieve success in your career while balancing personal needs. Ask us about specific benefits in your location.

 

We recognize diversity as a source of organizational pride and strength. We have made it a priority to reflect our nation’s evolving diversity in the people we hire, and the culture we create in our organization.

Citco welcomes and encourages applications from people with disabilities. Accommodations are available upon request for candidates taking part in all aspects of the selection.