Investment Compliance Consultant

INVESTMENT COMPLIANCE CONSULTANT 

• 9 Month Contract (Likely Extension)

• Hybrid Working, Luxembourg

• Rate: up to €600 per day 

CANDIDATES MUST HAVE RIGHTS TO WORK IN LUXEMBOURG - SPONSORSHIP NOT PROVIDED. 

FUNCTION / DEPARTMENT OVERVIEW

The Product Control Team's main service is the daily monitoring of investment restrictions. The setup of funds, the programming of rules and system improvements in the investment compliance tool MIG21 are managed within the team. The team is in charge of many interesting projects and special area tasks like the screening and implementation of new laws and guidelines, the advisory and approval of new funds and internal investment guidelines, netting & hedging checks, hedged share classes, sec lending and collateral checks, OTC derivatives, impact analysis, the creation of sophisticated reports and the implementation of a new investment compliance system. We collaborate with many stakeholders like Portfolio Managers, Clients, Client Relationship Managers, Manco Oversight Teams, Fund Engineering Teams, Product Managers, Mancos, Depositaries, Auditors and many internal Operations teams. The team is known for delivering high quality results also for complex tasks and in challenging times.  

KEY RESPONSIBILITIES

• Monitoring fund’s investment restrictions (fund prospectus, UCITS, SIF, ELTIF, internal investment guidelines)

• Responding to client queries and requests, product management, portfolio managers, operation departments, legal, compliance, auditors, etc.

• Maintaining and optimizing our compliance application, by parameterizing funds, programming rules and implementing new functions

• Migrating funds from MIG21 to the new investment compliance application

QUALIFICATIONS REQUIRED

• The ideal candidate will be educated to degree level in a relevant field (e.g. accounting, finance, economics or similar)

• Strong analytical and conceptual skills

• Good knowledge of financial markets, asset management, complex instruments, derivatives and accounting

• Knowledge of Luxembourg laws and guidelines for investment restriction checks (UCITS, MMF, SIF, ELTIF) is an advantage

• Committed, pro-active and efficient

• Python skills is a plus

• Fluent in English; German and/or French are a plus