Junior Officer – Internal Compliance Product Solutions (m/f)

Arendt Services, which is part of Arendt & Medernach, the largest law firm in Luxembourg, is regulated by the Luxembourg supervisory authority (CSSF – Commission de Surveillance du Secteur Financier) and operates under the status of Professional of Financial Sector (“PSF”).

Arendt Services offers a wide range of services, such as domiciliation, corporate secretarial and accounting services, fund services, directorship of companies, tax-compliance services and assistance in the winding-up of companies

As a result of the continuous increase in our activities in the Internal Compliance Product Solutions’ department, we are looking for a:

Junior Officer – Internal Compliance Product Solutions (m/f)

Your role:

• Performing AML controls and maintaining relevant monitoring plans on behalf of Funds and Investment Fund Managers for which Arendt Services provides AML compliance related services, including provision of AML/CFT Compliance Officer (“Responsable du Contrôle”) mandates;
• Assisting the AML/CFT Compliance Officers in their mandates as required by the services provided;
• Being point of contact and provide compliance assistance to clients in relation to the services provided;
• Performing oversight, initial and ongoing due diligence on clients’ service providers including on-site inspections, and collect relevant information/documentation and KPIs;
• Processing questionnaires and requests received from AML/CFT competent authorities and client’s third parties;
• Ensuring update of the client’s AML framework; 
• Preparing annual AML/CFT summary report for clients’ Board of Directors;
• Monitoring regulatory and compliance developments and helping with the regulatory watch;
• Ensuring other ad-hoc tasks, depending on the development of the regulatory framework and department’s activities;
• Building strong relationships with internal and external stakeholders;
• Assisting department’s management in developing the activity of the department through analysis of the regulatory and compliance developments.

Your profile:

• You have 1 to 3 years of professional experience in a Compliance environment, preferably in a CSSF supervised environment;
• You have a Master’s degree in Economy, Finance, Law or dedicated first professional experience;
• You have a good knowledge of Compliance related laws and regulations, in particular having regard to AML/CFT;
• You have strong communication skills in both English and French, orally and written. Any other language will be an asset.
• You have good organizational skills, ability to cope with tight deadlines and handle multiple priorities whilst being solution driven and client focused.

We offer:

• An entrepreneurial working environment giving priority to team work;
• A multicultural environment where we promote diversity, talent & ideas;
• The ability to work and interact with a wide variety of specialists;
• Internal trainings and career development.

Interested?

If you are interested in this job opportunity, we are looking forward to receiving your application. 

All applications will be treated confidentially.