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JOB VACANCY

Compliance Analyst

Legal Services

OVERVIEW

Position: Compliance Analyst
Location: Luxembourg

The Maples Group is a standard bearer in financial and legal services, trusted by many of the world’s largest hedge fund managers, private equity firms and international corporations.

Our distinction flows from our carefully curated team: 2,000+ professionals characterised by tenacity, ethics and exacting excellence. We hire smart and sharpen smarter, arming talent with best-in-class resources and skills. With 18 locations across the Americas, Asia, Europe and the Middle East, our international presence offers a unique springboard for career development and cross-cultural immersion.   Our side-by-side financial and legal services are similarly ripe for interdisciplinary  learning and growth.

The role will report to the Maples and Calder Luxembourg Compliance Officer ("CO") and will be managing the Know Your Client due diligence process for clients of the Maples Group in order to ensure that it is at all times compliant with the provisions of relevant financial services legislation in Luxembourg. 

The Responsibilities

The responsibilities of the role will include, but are not limited to:

  • Attend to Know Your Customer ("KYC") related queries received from relevant Maples employees, clients, KYC parties and/or the Global Compliance Team
  • Establish strong communication lines with relevant Maples employees, in particular the lines of business and the Global Compliance Team in order to ensure that KYC requests are dealt with professionally, efficiently and in a timely manner
  • Evaluate new clients and related KYC parties in order to understand the nature of business, ownership and control structure and identify any higher-risk areas
  • Ensure that appropriate KYC documentation for clients and KYC parties is satisfactory and manage ongoing KYC requirements, including verification of ultimate beneficial ownership
  • Ensure KYC documentation is maintained in accordance with internal policies and procedures;
  • Ensure enhanced due diligence policies and procedures are followed wherever higher-risk triggers are identified, escalating the matter to the CO as appropriate
  • Ensure clients and KYC parties have been entered into the internal KYC database and that the Initial Financial Crime Risk Ratings are accurate and appropriate
  • Ensure that non-compliant clients and KYC parties are identified and reported to the CO as appropriate and that steps are taken to remediate outstanding KYC information in an efficient and timely manner
  • Conduct KYC and periodic reviews where necessary and report findings to the CO as appropriate
  • Assist the CO in investigating Bridger and negative news findings and determine whether any matches could be considered positive results
  • Assist the CO in reviewing Financial Crime Compliance policies and procedures to ensure that they comply with relevant jurisdictional AML, CTF and Sanctions requirements
  • Identifying, assessing and addressing, where possible, KYC issues requiring escalation to the CO
  • Assist the CO in ensuring that employees have received appropriate AML induction and refresher training as appropriate
  • Assist the CO in maintaining the list of clients and potential clients that have been subject to enhanced due diligence procedures and those that have been identified as politically exposed persons
  • Reporting to the CO on a regular basis summarising any queries or any trends identified
  • Dealing with any other compliance related queries as assigned

Requirements

  • 1-2 years' experience in international legal services or financial services working with multiple jurisdictions
  • A robust understanding of KYC on-boarding procedures
  • Must show strong attention to detail
  • Be comfortable working with time constraints and deadlines
  • Be able to become self-sufficient
  • Be an effective communicator verbally and in writing
  • Strong prioritisation skills
  • Bright, enthusiastic and quick learner
  • Proactive and solutions-driven
  • Strong team player
  • Enthusiastic and committed to pursuing a career in compliance
  • Knowledge of offshore jurisdictions and strong competence in French and/or German would be an advantage 

About Us

The Maples Group is a leading service provider offering clients a comprehensive range of legal services on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of legal services, fiduciary, fund services, regulatory and compliance, and entity formation and management services.  The Maples Group distinguishes itself with a client-focused approach, providing solutions tailored to their specific needs.  Its global network of lawyers and industry professionals are strategically located in the Americas, Europe, Asia and the Middle East to ensure that clients gain immediate access to expert advice and bespoke support, within convenient time zones.

For an explanation of how we handle your personal data submitted for positions with one of our European entities, please refer to our Job Applicant Privacy Notice (Europe) which is available here - https://www.maplesfs.com/careers/job-applicant-privacy-notice-europe/

 

LOCATION

Maples and Calder (Luxembourg) SARL 12E, rue Guillaume Kroll L-1882 Luxembourg

BENEFITS

We offer an excellent compensation package for this role which includes; a competitive salary, a discretionary performance based bonus scheme and an attractive benefits package.

APPLICATION DEADLINE

23 April 2021

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