A global Investment Management firm based in Luxembourg are seeking a Head of Compliance and MLRO. This will be a stand alone position.
The main duties will be:
- Updating and managing the Compliance and Financial Crime policies and procedures in order to mitigate the risk that the firm might be used to further financial crime, market abuse or other activities in contravention of regulatory requirements in the region
- Reviewing draft legislation and/or policies to assess the impact on relevant Luxembourg businesses pertaining to Compliance and FCC, keep Senior Management informed, and advise them on appropriate changes to business models, practices, controls or processes required to comply
- Participating in business committees and working groups and provide subject matter expertise in regulatory issues and challenge with respect to Compliance and FCC risk.
- Monitoring activities for Compliance and FCC and escalate significant regulatory issues or material incidents of non-compliance to senior management of the firm
It is essential that you have excellent and detailed knowledge of current Luxembourg compliance and financial crime standards.