Intern – Operational AML & Compliance
Arendt Investor Services (AIS) is the investor services’ arm of Arendt. We help clients to efficiently run the operational side of their business, bringing peace of mind to investors. Equipped with the latest technology, our 300 experts provide clients with an integrated suite of fund and corporate services, delivered to the highest market standards.
Our services complement Arendt’s legal expertise and regulatory & consulting services. We are a Professional of the Financial Sector (PFS) supervised by the CSSF and ISO 22301 certified.
The experts at AIS and AManco provide clients with: Corporate Services, Fund Administration Services, Governance Services, Operational AML & Compliance Services, Tax Compliance Services, Depositary Services, as well as Third Party AIFM Services (provided by AManco S.A.).
Within Arendt, we uphold high standards. Our professionals work with clients on engaging projects, empowered from the start. With a strong local presence in Luxembourg and international reach, we support and train our team members to thrive in a culture of excellence. Specialised teams ensure the right skills are available, allowing for a focus on added value. Our leaders are approachable, providing support and mentoring.
We offer a vibrant social life with numerous events, embracing sports and art, our culture encourages openness and discovery beyond the professional realm. With over 50 nationalities represented, Arendt is committed to the well-being of its staff, serving the best interests of its clients, protecting the environment, and supporting education.
Given the ongoing development of AIS, we are currently recruiting:
Intern – Operational AML & Compliance
Our Operational AML & Compliance Team, which offers expertise and support to streamline compliance processes while mitigating regulatory risks.
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 involved in the performance of 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 client’s third parties;
- Participate in the preparation of annual AML/CFT summary report for clients’ Board of Directors;
- Monitoring regulatory and compliance developments and helping with the regulatory watch;
- Providing internal consulting service on regulatory and compliance projects;
- Ensuring other ad-hoc tasks, depending on the development of the regulatory framework and department’s activities;
- Building 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 successfully passed an academic degree in law, finance or economy;
- You are fluent in French and English; any others languages will be considered as an asset;
- You have a good knowledge of compliance related laws and regulations, in particular having regard to AML/CFT;
- You are proactive, rigorous with the ability to meet deadlines;
- You like working within a team and daily challenges;
We offer:
- Excellent career development opportunities with tailor-made internal training focused on both technical and soft skills;
- An entrepreneurial work culture where we promote talent & ideas;
- Multicultural, diverse teams encouraging collaborative work;
- The opportunity to work and interact within a wide network of specialists.
Arendt promotes equal opportunities and value each and every employee for what they bring to the community.
For more information, please refer to our diversity and inclusion policy on our website.
Interested?
If you are interested in this job opportunity, we are looking forward to receiving your application.
All applications will be treated confidentially.
#AIS
About Arendt
Arendt & Medernach (A&M) is dedicated to providing top-quality legal services. Based in Kirchberg, A&M is the leading independent law firm in Luxembourg, representing local and international clients in all areas of Luxembourg business law.
Arendt Regulatory & Consulting (ARC) is a team of experts from a diverse range of fields. Based in Kirchberg, ARC offers the opportunity to advise asset managers and servicers on their fund regulatory matters.
Arendt Investor Services (AIS) acts as a regulated business facilitator. Supported by a team of experts in Hamm, AIS offers a full range of corporate, tax and funds services.
