JOB DESCRIPTION
Senior AML/KYC Officer
Funds Services
#CSCLuxembourg
#FullTime #Hybrid
As a Senior AML/KYC Officer, you will be responsible for ensuring that the organization complies with all relevant AML and KYC regulations and guidelines. You will play a critical role in identifying, assessing, and mitigating risks related to money laundering, terrorist financing, and other financial crimes. The role involves conducting thorough due diligence, advising on risk-related issues and protect the organization from regulatory penalties and reputational damage.
Key Responsibilities:
- Lead and manage the AML/KYC processes, ensuring compliance with Luxembourg and international regulations (e.g., CSSF, FATF).
- Oversee the investor onboarding process, ensuring that due diligence is carried out according to the CSC's policies.
- Conduct due diligence on investors ( high risk and complex structures mainly).
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- Develop and implement risk-based approaches for AML/KYC.
- Escalate high-risk issues to senior management and recommend appropriate action.
- Develop, update, and implement AML/KYC policies, procedures, and standards.
- Conduct regular reviews and updates of AML/KYC documentation.
- Promote a culture of compliance within the CSC through regular communication.
- Prepare and submit AML/KYC reports to clients, AIFM and RC.
- Act as the point of contact for regulatory inquiries from external parties including clients.
- Keep abreast of regulatory changes and ensure CSC compliance framework is updated accordingly.
- Act as the primary AML/KYC point of contact for internal stakeholders, including compliance, legal, ...
- Collaborate with internal departments to provide guidance and support on AML/KYC matters, ensuring that all relevant teams are informed of compliance requirements and changes.
- Facilitate effective communication between compliance and business units to ensure alignment on AML/KYC processes and risk management strategies.
- Serve as the primary AML/KYC contact for clients whose portfolios you oversee.
- Communicate directly with clients to gather necessary documentation, clarify requirements, and address any concerns related to AML/KYC compliance.
- Provide clients with clear explanations of the AML/KYC process, ensuring they understand their obligations and the importance of compliance.
- Build and maintain strong relationships with clients by offering a high level of service and responsiveness to their needs.
- Oversee the implementation and maintenance of AML/KYC systems and tools.
Qualifications:
- Bachelor's degree in Finance, Law, Business Administration, or a related field; a Master's degree or professional certification (e.g., CAMS, ICA Diploma) is preferred.
- A minimum of 5 -7 years of experience in AML/KYC, compliance, or a related field, preferably in the financial services industry.
- In-depth knowledge of Luxembourg AML/KYC regulations and international standards (e.g., FATF, EU AML Directives).
- Strong analytical skills with the ability to assess complex structures and identify potential risks.
- Excellent communication skills, both written and verbal, in English; fluency in French, German, or Luxembourgish is an advantage.
- Proven ability to lead and manage a team, with strong organizational skills and attention to detail.
- Experience with AML/KYC software and tools.
ABOUT US
At CSC®, we're always looking ahead, finding ways to improve and anticipate the future needs of our customers. Curiosity fuels our innovation and productivity drives our results. This proactive mindset has helped us adapt and create solutions that have enabled businesses to run smoother and smarter for more than 120 years.
CSC is committed to attracting, developing, and retaining talented people whose personal values align with ours. We empower our employees to bring the right solutions to market to meet customer demand. That is why we are the premier provider of global solutions for more than 180,000 businesses.
- CSC is a great place to work with smart and dedicated people.
- We have been voted a Top Workplace every year since 2006.
- We offer challenging work and career opportunities. Most positions are filled with internal moves and employee referrals.
- Employees are eligible for success sharing, bonus, or commission plans based on role and individual performance.
- CSC offers a competitive and comprehensive benefits package as part of your Total Rewards that includes annual leave, tuition reimbursement, employee referral bonuses, and more.
When applying for this role, please note that additional background checks may be carried out and an original of your criminal record (n*3) may be requested as evidence of integrity justified with regard to the specific needs of the position to be filled.
WHY WORK WITH CSC?
At CSC®, we're always looking ahead, finding ways to improve and anticipate the future needs of our customers. Curiosity fuels our innovation and productivity drives our results. This proactive mindset has helped us adapt and create solutions that have enabled businesses to run smoother and smarter for more than 120 years.
CSC is committed to attracting, developing, and retaining talented people whose personal values align with ours. We empower our employees to bring the right solutions to market to meet customer demand. That is why we are the premier provider of global solutions for more than 180,000 businesses.
- CSC is a great place to work with smart and dedicated people.
- We have been voted a Top Workplace every year since 2006.
- We offer challenging work and career opportunities. Most positions are filled with internal moves and employee referrals.
- Employees are eligible for success sharing, bonus, or commission plans based on role and individual performance.
- CSC offers a competitive and comprehensive benefits package as part of your Total Rewards that includes annual leave, tuition reimbursement, employee referral bonuses, and more.