Senior KYC/AML Officer

Position Summary:

At FundBank, we believe in the power of our core values—Safety, Liquidity, and Speed—to drive our success. As a Senior KYC-AML Officer, you will be the embodiment of these principles, ensuring compliance with Luxembourg’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations within the funds industry, with a particular focus on Alternative Investment Funds (AIFs). This role is ideal for a proactive and independent professional who thrives in a dynamic financial environment and is eager to contribute to both client satisfaction and regulatory compliance.

Key Responsibilities:

Compliance Management:

• Conduct initial and ongoing due diligence on clients and counterparties in accordance with Luxembourg AML-KYC regulations (e.g., Law of 12 November 2004 on AML/CTF, CSSF Circulars, and EU Directives).


• Perform risk assessments and classification of clients (standard, enhanced, or simplified due diligence).


• Review and verify identification documents, source of funds, and beneficial ownership structures, ensuring compliance with the latest regulatory requirements.


• Liaise with account holders and stakeholders to obtain missing or additional information when required.


• Stay up to date with Luxembourg’s AML/KYC regulatory framework, including CSSF Circulars, the EU AML Directives, and FATF recommendations.


• Assist in the implementation of AML/CTF policies, procedures, and internal controls tailored to the AIF and funds industry.


• Support the preparation of regulatory reports and compliance assessments.


• Participate in internal and external audits, ensuring AML-KYC compliance requirements are met.

Client Onboarding:

• Collect documents needed at the onboarding stage of new clients and facilitate the client acceptance process, preparing packs for the Acceptance Committee.


• Provide concise and timely updates to key stakeholders (internal and external) to ensure that all data and documents required are collected in a timely manner.


• Familiarity with fund structures, investor due diligence requirements, and complex corporate structures (trusts, SPVs, nominee arrangements).


• Resolve and escalate issues in a timely manner.


• Experience with risk-based approaches to AML and financial crime compliance.

Qualifications:

• Minimum of 5 years of relevant experience in the Fund Industry (PE-RE Funds).


• Strong knowledge of the Luxembourg AML/KYC regulatory framework.


• Ability to interpret regulatory guidelines and assess risk scores.


• Strong organizational, analytical, and prioritization skills.


• Strong attention to detail and excellent communication skills.


• Fluency in English mandatory; French and German are considered a plus.


• Proactive with a positive approach and result-driven.


• Flexible and dynamic in your approach to work.


• A team player with the ability to demonstrate leadership and work independently.

What We Offer:

• A vibrant and challenging work environment.


• Opportunities for professional growth and development.


• A culture rooted in safety, liquidity, and speed.


• Collaborative atmosphere, encouragement of innovation, and potential for growth.

Apply now! Send us your CV and join us to make a difference!

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