Compliance Officer
Description
Position: Compliance Officer
Location: Luxembourg (Hybrid)
About Us
The Maples Group is a global leader in financial services, trusted by many of the world’s largest hedge fund managers, private equity firms, and international corporations.
Our side-by-side financial and legal teams consistently deliver award-winning services to a global client base, offering unrivalled learning and career opportunities to our 2,500 colleagues worldwide.
What is it like to work here?
We are driven to excel, and collaboration is key to our continued success. We can go further for our clients because we go further for each other too. Our inclusive culture creates an environment where people can be themselves at work while doing their best work. No matter where you work in the Maples Group, you will be part of a global team.
The Opportunity
We are looking for an accomplished Compliance Officer ("CO") and Responsable du contrôle du respect des obligations ("RC") (collectively "Compliance Officer") to join our Compliance Team as part of our financial services business in Luxembourg.
As part of the global expansion of the Maples Group’s financial services offering, our Luxembourg office opened its doors in 2007. Located in Cloche d'Or, a commitment to service excellence and investment in our people quickly established Luxembourg as a regional hub where our 90+ teammates deliver the best-in-class solutions to clients worldwide alongside our Maples and Calder (legal services) colleagues.
The Compliance Officer reports into and supports the Chief Compliance Officer ("CCO") for MaplesFS; with a local reporting line to the Board of MFX and the local head of MFX. The tactical responsibilities feed one larger objective: ensure that Maples Fiduciary Services Luxembourg ("MFX") is, at all times, duly authorised and compliant to carry out financial services in accordance with the provisions of the rules as set out by the Commission de Surveillance du Secteur Financier ("CSSF") and authorisations held by MFX.
Primary responsibilities include:
- acting as the Compliance Officer for MFX;
- assisting the board of directors with the maintenance of the Luxembourg Compliance programme, designed to comply with and detect violations of local and applicable Financial Crime and Prudential regulations and legislation in accordance with MFX's authorisations; including providing regular updates to the board and CCO (the Compliance programme is derived from the global MaplesFS Compliance strategic plan);
- providing regular updates to the Administrateur Délégué in MFX, as required;
- completing any required self-assessment questionnaires for the CSSF and submitting via their portal; noting that for certain surveys the data collection is the responsibility of the business;
- being the principal point of contact for MFX with the all external authorities including the CSSF, Financial Investigation Unit ("FIU")and Ministry of Finance on day‑to-day regulatory matters;
- being the point person for any CSSF inspections or thematic visits, ensuring remediation is handled appropriately with the business;
- reviewing any internal suspicious activity reports and, after suitable investigation, externalising any reports to the FIU as may be required;
- participating as required in both internal audit and external audit reviews of the business, providing any necessary information on a timely basis;
- supporting the business in terms of all matters pertaining to countering Financial Crime including requirements to support client onboarding, know your customer and related queries, sanctions, etc.;
- providing face to face training and support on financial crime and prudential matters;
- managing the ongoing Compliance Monitoring Programme to ensure that that the internal policies and procedures are being consistently and effectively adhered to, including client reviews, checks against international watch / sanctions lists, assessing and recommending amendments to internal systems and controls as well as policies, and procedures to facilitate compliance with the regulatory framework;
- providing advice, assistance and guidance for all Compliance related business activities;
- ensuring relevant and appropriate training is delivered on matters relating to Financial Crime, Prudential and other targeted topics such as induction training and that this is provided to all relevant and non-relevant staff; liaising with all stakeholders as required.
What You Bring
In addition to indisputably high ethical standards and autonomy, the ideal candidate possesses the following:
- at least three years’ previous experience as a Key Person in a similar role is preferred;
- a recognised compliance qualification or equivalent qualification is preferred;
- a demonstrable working knowledge of Luxembourg regulations and legislation including at least five years' experience of working with Luxembourg Compliance and Financial Crime requirements;
- excellent communication skills, both verbal and written and be able to deal with all levels of staff
- Fluent English
- possess strong attention to detail and be able to manage time effectively;
- demonstrable team management experience.
Benefits & Rewards
The most enduring professional relationships are reciprocal relationships. The Maples Group prioritises employee health and wellbeing. Depending on your location, we offer a range of benefits, including:
- Comprehensive health coverage (medical, dental and optical)
- Competitive vacation packages
- Educational assistance and professional development programmes
- Life insurance
- Travel insurance
- Global mental wellness programme
- Social events
- Hybrid work
- Lunch vouchers
You can learn more about the Maples Group on our corporate website. Experience our culture and our people on our Careers Page or on LinkedIn.
Disclaimer: All personal information collected during the application process will be used for recruitment-related purposes only. Please refer to our Job Applicant Privacy Notice at maples.com/privacy for details on how we handle personal information relating to job applicants.