Compliance Officer (AIFM)

FundRock LIS S.A. is a successful third-party UCITS management company and AIFM headquartered in Luxembourg and with an office in Dublin, delivering fund solutions to renowned investment managers and fund initiators.

Founded in 2011, we focus on private equity, real estate, infrastructure and debt asset classes. Today we are the leading third-party AIFM in the private funds space.

In September 2022, our company was acquired by Apex Group. Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 13,000 employees globally, Apex Group provides services into 50 jurisdictions delivering an expansive range of services to asset managers, financial institutions, private clients, and family offices. The Group has continually improved and evolved its capabilities to offer a single-source solution through establishing the broadest range of services in the industry; including fund raising solutions, fund administration, digital onboarding and bank accounts, depositary, custody, super ManCo, corporate services and a pioneering ESG and sustainability services. Apex Group’s purpose is to be more than just a financial services provider and is committed to driving positive change to address three core areas; the environment and climate change, women’s empowerment and economic independence, education and social mobility.

We are seeking a motivated professional with at least five years of relevant work experience to join the Compliance Office of FundRock LIS S.A. to support and work on various Compliance tasks, including AML/CFT topics. You will be reporting to the Head of Compliance in Luxembourg and work together closely with the other members of the department in Luxembourg and Valencia. There will be a well-founded induction for the different tasks. This full-time role is based in our branch in Valencia, Spain.

FundRock LIS, a leading third-party Management Company and Alternative Investment Fund Manager (AIFM) in Luxembourg with more than 150 professionals and over 380 Alternative Investment Funds (AIF) on our platform, is part of Apex Group, a global financial services provider, with over 13,000 employees in 38 countries.

Key responsibilities:

• Key player in the Compliance Team for a broad spectrum of day-to-day-business and strategic topics;

• Ensure compliance, together with the Compliance Team, with local laws and regulations as well as with the internal and group policies and procedures;

• Give guidance to all levels of employees in relation to the execution and implementation of regulatory obligations and the internal procedures;

• Management and performance of controls in accordance with the Compliance Monitoring Plan and ad hoc controls;

• Oversee the maintenance of Compliance logs, such as Conflict of Interest register, Complaints register, PEP register; including the assessment of situations in these subject areas

• Take on tasks in the daily processing of hits as part of the AML/CFT and sanctions screening of clients, business partners and funds assets;

• Act as an escalation point when analyzing AML/KYC for new and existing clients;

• Act as an escalation point for (delegated) Portfolio-Management when analyzing KYA (Know your assets) for new and existing investments and establish appropriate mitigation measures. If necessary, also in direct contact with external investment advisors or portfolio managers;

• Act as connecting link to internal and external funds RCs (MLRO). Preparation and submission of the LIS RC's opinion and further coordination with internal and external RCs in case of high risk assets;

• Provide support for the internal RCs appointed for funds in the event of complex issues;

• Maintaining and further development of the internal Dual Use Framework (process, questionnaire, risk rating, log);

• Answering and/or monitoring AML/CFT related DD questionnaires/questions (from clients, fund investors and funds auditors) on LIS / or the funds;

• Issuance/preparing of AML / comfort letters and beneficial ownership confirmations;

• Supervise the review of the AML/CFT KPIs from transfer agents, delegated portfolio managers and oversee the risk assessments for the respective funds;

• Be responsible for creating Compliance KPI-reports on fund level;

• Train junior staff;

• Develop and maintain the Compliance and AML/CFT Policies and Procedures and assist in the introduction of group policies;

• Support the preparation of the annual Compliance report, the AML/CFT risk report, the annual AML/CFT risk assessment;

• Provide support to the Head of Compliance;

• Provide in-house trainings to all level of staff;

• Any other duties in the scope of the role that the company requires.

Skills / experience:

• Strong academic background (preferably in law or economics) and at least five years of relevant work experience in the financial services industry, a credit institution or an auditor, preferably in a Compliance or Internal Audit department or in a cross-functional department;

• Willingness to gain and maintain a solid knowledge of the relevant legal and regulatory requirements of the fund industry in Luxembourg as well as AML/CFT;

• Work self-motivated, pay attention to details, have strong organizational skills, are willing to learn, resilient, reliable and assertive;

• Strong communication and negotiation skills in English, German would be a strong asset (basic knowledge of the French language is desirable);

• You like making decisions and working on multiple issues on a daily basis;

• Ability to prioritize tasks, like to carry out tasks on your own responsibility, but you also enjoy working in a team and with different departments;

• First experiences in private capital markets would be appreciated;

• Discretion in dealing with confidential information is a matter of course for you;

• Confident in the use of common MS Office programs (Outlook, Word, Teams and PowerPoint). Good Excel skills would be a strong asset.

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business;

• A welcoming, co-operative and supportive environment and an inclusive culture;

• A highly motivated and experienced team;

• Training and development opportunities;

• Given the international nature of our business and global network of offices there are opportunities to broaden your life experiences and take short-term or permanent relocation options.

Please note that a background check will be conducted as part of the hiring process once a job offer has been made. In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.

As a vital team member and in return for your expertise, inclusive approach and commitment, we'll provide a favourable salary and the chance to join a passionate and welcoming team. Benefits As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.