Compliance Assistant Manager

ROLE OVERVIEW

PURPOSE OF JOB

The purpose of this Assistant Manager – Compliance role is to support the activities of JTC Global AIFM Solutions (“JTC GAS”) Compliance Department and their activities. In performing this role, the role holder will have regard to all relevant laws, CSSF regulations and circulars, JTC Group policies, procedures and practices and act to support and protect all JTC business undertaken in Luxembourg.

The role holder is responsible for undertaking the following duties, which include, but are not limited to, anti-money laundering (AML) and countering terrorist financing (CTF) and combatting proliferation financing (CPF). The role will support the work of wider Compliance Department and will ultimately allow the JTC GAS Management Team and JTC GAS Board of Directors to demonstrate that regulatory requirements are upheld.

MAIN RESPONSIBILITIES AND DUTIES

• Act as the RC of Investment Funds managed by JTC GAS
• Support the work and regulatory aims of the Compliance Department, which include, but are not limited to, monitoring regulatory and business developments, undertaking compliance monitoring activities, reviewing and drafting policies and procedures, responding to enquiries, providing training and reporting to senior management
• Support the Compliance Department in establishing and maintaining their operations and ensuring that JTC GAS complies with its regulatory requirements as set out by the Luxembourg laws, and their supporting regulations, circulars and market practice.
• Support the development and maintenance of JTC GAS’s AML/KYC/CPF activities, including the discharge of RC mandates for the firm’s clients. This includes (i) the review of new client documentation and related activities (ii) the identification and escalation of issues within existing client files, including the identification of suspicious or unusual transaction reporting arising from these controls (iii) dealing with enquiries related to such activities and (iv) reporting to senior management, clients and regulators as required.
• Support the maintenance of appropriate frameworks for the effective identification of compliance risk, staying abreast of regulatory and legislative changes and identifying industry compliance patterns and trends. The drafting of reports that summarize the work carried out, the observations on whether the activity complies with applicable standards, and, where necessary, the proposed actions to return any deficiency to compliance.
• Once drafted, the reports should be finalized and agreed with the applicable stakeholders. The Compliance Department will oversee remedial actions to ensure they are undertaken in an appropriate and timely manner.
• The creation and maintenance of policies and procedures to ensure they consider regulatory and/or business developments. Once complete the proposed drafts should be reviewed and agreed with applicable stakeholders to ensure that the requirements are considered in JTC GAS’s organization and activities and that the firm and its clients comply with such standards

 ESSENTIAL REQUIREMENTS

• Proven experience of minimum 3 years in an AIFM or in the funds industry in a Compliance function including a deep knowledge of AML/KYC laws and regulations.
• Demonstrate an understanding of an investment fund and the role of the compliance function.
• Proven willingness to learn and develop including assuming responsibility, prioritize, use initiative within the Compliance Department.
• Demonstrate an effective, efficient and harmonious working attitude that promotes the aims of the Compliance Department and upholds JTC values and its unique stakeholder culture.
• Enhanced ability with Microsoft Excel and related packages.
• Fluency in English, other language knowledge will be an asset.

 OUR COMMITMENT TO INCLUSION & WELLBEING

JTC is committed to fostering a healthy, inclusive organization where all individuals feel welcome and feel able to participate in the workplace fully. We value different perspectives, backgrounds and lived experiences. This includes supporting employee wellbeing so that people feel equipped to thrive.