RC Director

Role : RC DirectorLocation : LuxembourgSalary : Competitive and Candidate DependentWe are assisting one of the largest PSF with the search for a new MLRO/RC Director. Our renowned client is well trusted by leading asset managers, pension funds and wealth managers, and insurance companies globally, to manage governance, compliance, regulatory, and substance requirements.The RoleAct as the RC for the PSFServe as RC for specific funds (AIFM and/or UCITS)Monitor AML/CFT legal and regulatory developments, keeping the Board updated.Ensure compliance with AML/CFT laws and regulations for the PSF and its funds.Oversee the AML due diligence process for new client onboarding and periodic reviews within the PSF.Review KPIs from key stakeholders, including AML Client Services teams, Administrators, Distributors, and Investment Managers.Perform due diligence on stakeholders and provide reports to the Boards of the relevant funds.Review and approve annual Risk Assessments and quarterly RC/MLRO reports.Act as the main point of contact with local authorities and regulators.Serve as the first point of escalation for AML-related issues from the AML Client Services team, Administrators, the Board, and the Company's Investment Manager and Distributors.The CandidateIn-depth knowledge of Luxembourg legislation and regulations, particularly in AML/CTF.At least 8 years of experience as an RC, AML/Financial Crime, or TA.Eligible for CSSF approval to serve as the RC.Strong knowledge of the funds industry, AIFM & UCITS.Excellent communication skills, both written and verbal, with confidence in speaking at the Board level.Solution-focused approach.Highly organized, proactive, adaptable and open to change, and resilient under pressure.Relevant AML, Compliance, or legal certification will be a huge plus.

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