Legal & Operations Oversight Officer - AIFM

Luxembourg Permanent

Updated on 06/09/2023

  • Join a dynamic asset manager
  • Apply appropriate compliance techniques and methodologies

About Our Client

My client is an AIFM developing its compliance department.

Job Description

Legal Oversight :

  • Support the overall legal activities of the AIFM
  • Be a key point of contact within the AIFM on legal, governance and regulatory topics. Liaise with internal colleagues (e.g. group entities) or external parties (legal counsel, consultants, internal / external auditors etc) on such matters.
  • Provide support to the AIFM's Conducting Officers in their oversight function. Ensure appropriate initial due diligence process is applied during service providers on-boarding (depositaries, central admins, transfer agents etc) as part of new fund structuring and implement periodic reviews (regular and ongoing due diligence). Draft specific reporting and present to governing bodies.



Compliance Oversight:

  • Monitor and interpret relevant regulations, directives, and guidelines impacting the AIFM industry.
  • Develop, implement, and maintain compliance policies and procedures in alignment with regulatory requirements.
  • Conduct periodic compliance assessments and risk assessments to identify potential gaps and recommend corrective actions.
  • Collaborate with the legal team to ensure that fund documentation and investor communications comply with regulatory standards.
  • Keep abreast of changes in regulations and proactively adjust compliance practices as needed.



Operational Oversight:

  • Monitor the day-to-day operations of investment funds managed by the AIFM, including fund administration, investor servicing, and trade execution.
  • Ensure proper documentation and record-keeping for all fund-related activities, transactions, and communications.
  • Perform periodic reviews of fund accounting, valuations, and financial statements to ensure accuracy and transparency.
  • Coordinate with third-party service providers, including custodians, administrators, and auditors, to maintain effective working relationships and oversee their performance.

The Successful Applicant

  • Bachelor's degree in Finance, Business, Law, or a related field.
  • 3+ years of experience in compliance and operations within the alternative investment fund management industry.
  • In-depth knowledge of AIFMD regulations, fund structures, and industry best practices.
  • Strong understanding of operational processes related to fund administration, custody, valuation, and investor relations.

What's on Offer

    • Join a dynamic asset management firm.
    • Learn from a knowledgeable Conducting Officer
    • Enjoy autonomy in your day-to-day work.
Contact
Raphael Cohen
Quote job ref
JN-062023-6092849

Job summary

Sector
Banking & Financial Services
Sub Sector
Compliance & Legal
Industry
Financial Services
Location
Luxembourg
Contract Type
Permanent
Consultant name
Raphael Cohen
Job Reference
JN-062023-6092849

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