Compliance officer – Trainee 6 to 12 months Luxembourg – City center
About La Française La Française AM Finance Services, Luxembourg branch, located in the heart of Luxembourg downtown, is the international distribution platform of the Group La Française. Its head office, La Française AM Finance Services, is located in Paris, France.
La Française has a multi-expertise business model organized around four core activities: securities, real estate, investment solutions and direct financing. The group caters to institutional and private clients throughout the world.
With 610 professionals and offices in Paris, Frankfurt, Geneva, Hamburg, Stamford (CT, USA), Hong Kong, London, Luxembourg, Madrid, Milan, Seoul and Singapore, La Française manages 68* billion euros in assets (as at 30/06/2019).
La Française is owned by Credit Mutuel Nord Europe (“CMNE”), a banking and insurance group present in Northern France and Belgium.
Your role:
You will be working in the Internal Control and Compliance department, in Luxembourg, assisting the Junior Compliance Officer and the Head of Compliance with International Distribution, Regulatory and AML/CTF/KYC matters.
Your key responsibilities and accountabilities will be as follow:
- To assist the compliance officers with the running of the control plan in Luxembourg and on the branches / subsidiaries abroad
- To assist with the acceptance process / onboarding process of new clients and distributors in Europe, Latin America, Asia and Middle East
- To assist with the ongoing monitoring of existing clients / distributors
More concretely, you will be involved in the following tasks:
- To assist with 2nd level of control checks and implementation of remediation measures
- To assist with the set up and maintenance of regular / ongoing controls covering international distribution / AML matters
- To assist with regulatory watch / alerts
- To assist the compliance officers regarding AML/CTF matters
o Investigations on new clients / distributors (FACTIVA, origin of funds, beneficial owners etc), analysis and drafting of proposal with the help of the compliance officers o Review and analysis of AML/CTF/KYC alerts o Review and analysis of AML/CTF communications from transfer agents
- To assist with the oversight of delegated activities (i.e. due diligence)
- To assist with the follow up and maintenance of the distributors cartography
- To assist with the provision of regular reportings (to regulators, internal stakeholders or committee)
Profile:
You are currently studying to obtain / or have just obtained a Bachelor / Master degree with a legal or finance orientation.
You are fluent in French and English. German or Spanish would be considered as an asset.
You have a good knowledge of MS Office (Word, Excel etc).
You are enthusiastic, efficient and reliable.
You have a strong sense of confidentiality and can deal with sensitive information.
You are proactive, able to multi-task and to manage several files at the same time.
You are stress resilient and have good communication skills.
You are ready to travel a few days a year in Europe.
We offer:
A 6 to 12 months trainee contract in a dynamic and growing environment, as well as potential career opportunities at the end of the initial contract.