Senior Manager- KYC/AML -ODD Department (m/f)
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.).
Given the ongoing development of AIS, we are currently recruiting:
Senior Manager-KYC/AML – ODD Department (m/f)
The Senior Manager of Ongoing Due Diligence will lead a specialized team responsible for the periodical review and onboarding of the client files, assessing the risk profiles of ongoing relationships with clients. The role will also involve ensuring that all ongoing due diligence activities align with the organization’s compliance frameworks and risk appetite.
Your Role:
- Lead the Ongoing Due Diligence team to perform the client’s files periodical reviews and assigned clients onboarding
- Develop and maintain robust due diligence processes to ensure compliance with local and international regulatory requirements, including AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations.
- Collaborate with internal stakeholders, including Legal, Compliance, and Operations teams, to ensure due diligence standards are consistently met.
- Serve as a subject matter expert on ongoing due diligence, providing insights and recommendations on best practices, regulatory updates, and risk mitigation strategies.
- Oversee the enhancement of due diligence processes to improve efficiency and accuracy.
- Train and mentor team members, fostering a culture of continuous improvement and development.
- Ensure the effective management of high-risk cases, acting as a point of escalation when necessary.
- Prepare reports and presentations for senior management and external regulatory bodies when required.
Your profile:
- You have a degree in Law, Finance or Economy;
- You have a prior successful experience in a similar function (8-10 years) within a fiduciary, a domiciliation firm, transfer agency or a similar structure in Luxembourg;
- Strong knowledge of due diligence processes, particularly in ongoing monitoring, AML, and KYC.
- You are fluent in English; any others languages will be considered as an asset;
- Experience managing a team of professionals, with the ability to lead, coach, and develop talent.
- Strong communication skills, both written and verbal, with the ability to present complex information to senior management.
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; and
- A hybrid working environment offering flexibility and the possibility to work from home.
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.
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.
Please be aware that the selected candidate will be required to provide a criminal record (or certificate of good conduct).
#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.
