Head of Legal and Compliance, Conducting Officer, ManCo

What you'll be doing

Your role may include, but will not be limited to, the following tasks which we call ‘Defined Business Activities’. The list of Defined Business Activities is not exhaustive and may be amended from time to time:

Compliance / AML-CFT

• Being appointed and acting as Compliance Conducting Officer and RC of the management company
• Oversee and continuously improve the compliance framework of the management company and managed funds
• Oversee the AML/CFT framework in line with Luxembourg regulatory requirements
• Identify and assess all compliance and operational risks that the management company is exposed to
• Monitor Luxembourg regulatory developments, advise the Board and the ExCo on changes to laws and regulations and how they will impact the management company
• Maintain the management company’s manual of procedures, including the compliance charter and policy
• Develop, execute and supervise the management company’s compliance monitoring program
• Oversee compliance controls, documentation, and reporting activities
• Ensure regulatory filings and notifications are completed accurately and on time
• Support regulatory reporting obligations and internal governance processes Promote a strong compliance culture and ensure that all staff are trained on compliance and AML/CFT matters
• Liaise with the relevant authorities including, but not limited to, the CSSF and the FIU
• Draft reports on compliance matters to the ExCo, Board and CSSF / regulatory authorities
• Supervise KYC, screening, due diligence, and ongoing monitoring activities, with ultimate responsibility for daily screening
• Ensure periodic reviews are conducted according to risk classifications

Legal

• Oversight of the outsourced legal function
• Acting as subject matter expert and escalation point for management company related legal matters in coordination, with the global legal function
• Review of fund documents to ensure that they are compliant with applicable regulatory requirements
• Ultimate responsibility for reviewing contractual agreements with delegates and ensuring that the management company’s legal risk is covered

The ideal background for this role:

• A university degree in Law or educational qualification in Law, compliance qualification commensurate with seniority of role
• At least 12 years’ professional experience in the financial sector with strong economic background
• At least 10 years’ experience in a management company
• At least 7 years’ experience in a senior legal & compliance role and management experience
• Experience of alternative investment funds
• Comprehensive understanding and knowledge of the fund industry, European and Luxembourg fund regulation (UCITS, AIFs incl. RAIFs, EuVECAs) and corporate law
• Excellent knowledge and understanding of AML and KYC requirements
• Ability to draft and/or review comprehensive reports including board reports, compliance and AML reports
• IT skills (MS Office, Sharepoint, AI, )
• Proficiency in English written and spoken
• Any other European language would be an asset
• Strong interpersonal, communication and relationship-building skills
• Pragmatic and solution-oriented approach to legal and compliance
• Ownership mindset

Role location/Hybrid schedule

This role is based in our Luxembourg office. Although the nature of most of the roles within Gen II cannot be classed as totally flexible, there is scope in some cases for a form of Agile Working. The different ways in which Agile Working can be undertaken is dependent on the demands and needs of the business, the office space available and the individual’s preferences and circumstances.