MLRO RC - Funds

Overview

Role: MLRO RC - Funds
Location: Hesperange, Luxembourg

Department: Compliance

Employment Type: Permanent

FundRock Management Company S.A. (“FRMC”) as part of Apex Group is a leading independent third-party Fund Management Company providing management company services to Luxembourg, Ireland and UK domiciled collective investment schemes in accordance with the respective regulations. FRMC provides substance through solid Risk management, Oversight, Compliance, as well as through the comprehensive Knowledge of its strong team. The company´s multinational team is well placed to support asset managers across borders with local market insight and global connectivity.

We are currently looking for a MLRO RC - Funds to support our growing operations in the Compliance department.

The purpose is to act as ‘responsable du contrôle du respect des obligations’ as defined under applicable Luxembourg AML/CTF laws (the “RC”) for some of the clients (funds) of FundRock. The RC is more commonly known as the Money Luandering Reporting Officer (‘MLRO’).

Job Specification

The RC shall be mandated by the governing body of the Fund to:

  • ensure that the Fund complies with its professional obligations in accordance with Luxembourg AML/CTF laws and regulations;
  • remain informed of the investments and distribution strategies of the Fund;
  • act as the contact person towards the competent Luxembourg AML/CTF authorities;
  • report for and on behalf of the Fund to the competent Luxembourg AML/CTF authorities;
  • filing suspicious activity report (SAR) or suspicious transaction report (STR) reports if such case arises to the competent AML/CTF authorities;
  • cooperate with competent authorities regarding enquiries and on-site visits;
  • be available without delay upon request by the Luxembourg AML/CTF competent authorities;
  • consider and approve acceptance/rejection of high-risk investor accounts (e.g. politically exposed person or other categories) requests from the transfer agent of the Fund;
  • analyse and recommend actions following the transfer agent’s analysis of ‘hits’ (i.e. politically exposed person alerts, sanction alerts or also adverse media alerts which could not be cleared by the transfer agent);
  • analyse and recommend actions following the portfolio manager’s analysis of ‘hits’ with respect to the investment assets of the Fund;
  • initial validation of the Fund’s AML/CTF policy and associated documents including but not limited to service level arrangements;
  • issue AML/CTF reports to the managing body of the Fund in line with the periodicity of the meeting of the managing body of the Fund;
  • issue and update the Fund’s AML/CTF risk assessment on an annual basis;
  • attending board meeting of the managing body of the Fund;
  • dealing with audit requests;
  • potentially provide an AML/CTF training to managing body of the Fund.
  • Degree in law, economics or finance
  • 4-5 years of experience in AML/CTF and in Compliance
  • Excellent written and verbal communication and analytical skills in English
  • Strong ability to work discretely. Confidentiality is crucial to the function
  • Must be proactive and self-sufficient
  • Ability to multi tasks and respect deadlines
  • Willing to take responsibility & accountability
  • Excellent organizational and inter-personal skills
  • Management Companies regulatory environment and/or of the Luxembourg fund industry;
  • UCITS and AIFMD Requirements;
  • European and Luxembourg AML/CTF legal and regulatory framework.

 

  • A genuinely unique opportunity to be part of an expanding large global business;
  • A friendly, co-operative and supportive environment;
  • An opportunity to work with complete Funds’ structures and multiple forms of legal entities;
  • Training and development opportunities.

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

If you are looking to take that next step in your career and are ready to work for a high performing organisation, alongside talented people who take pride in delivering great results, please submit your application (with your CV, cover letter, availability and salary expectations) to our dedicated email address: jobs@lri-group.lu

   

 

 

Life At Apex

 

"Working here I have the space to be creative, take ownership and develop continuously. It’s a great company with a purpose, which in turn enables its people to identify with the core values and mission."

Diane Mero, Office Manager, Dubai

What we look for

We look to recruit bright, articulate and numerate employees who are not afraid of a challenge and are prepared to work hard and love what they do. Every employee plays a part in making our business what it is today and the more we grow, the more important that becomes.

 

Whatever your career path, ambition or skillset you will be joining an entrepreneurial environment and become part of a globally connected team. We don’t just want you to succeed, we want you to flourish.

Get in touch with our team