Compliance Officer

The Compliance Officer supports the implementation of AML/CFT policies and procedures within the EIF, assessing and monitoring money laundering, terrorist financing and sanctions risks across investment operations. The role involves conducting risk assessments, providing guidance, managing compliance alerts, coordinating audits, and maintaining up-to-date knowledge of regulatory developments.

Responsibilities

• Support the implementation of the Three-Line Model (TLM) Target Operating Model (TOM) within ML&S Unit.
• Support the development, maintenance, and enhancement of AML/CFT policies and procedures and contribute to a robust AML/CFT framework.
• Assess and monitor Money Laundering - Financing Terrorism (ML/FT) and Sanctions risk of EIF investment operations and mandates.
• Prepare independent second-line assessments of ML/FT and Sanction risks for EIF investment operations and mandates.
• Conduct the annual Compliance Risk Assessment (CRA) and Compliance Monitoring Plan (CMP) covering AML/CFT risks.
• Provide guidance, training and oversight on AML-CFT matters to the first Line of Defence (1 LoD).
• Manage escalated integrity alerts, ensuring timely analysis, escalation and reporting to senior management where required.
• Report on money laundering and financing of terrorism matters to internal or external stakeholders.
• Coordinate internal and external audits relating to AML/CFT and sanctions activities and follow up on resulting actions.
• Handle compliance matters linked to EIF incorporated fund structures managed by external service providers.
• Advise on the appropriate implementation and continuous improvement of the EIF Compliance operational procedures and processes, promoting innovation and efficiency gains where necessary.
• Perform the annual BMP/BBP self-assessment.
• Monitor and follow up on recommendations and actions issued by control functions and other oversight bodies.
• Maintain up-to-date knowledge of AML/CFT, sanctions and integrity-related regulatory developments, industry practices and emerging risks.
• Keep aware and up to date on latest AML-CFT regulations and related best market practices.

Requirements

• At least three years and no more than five of post-graduation relevant professional experience at the same level of responsibility in areas related to AML/KYC or Sanctions, control functions, compliance, legal and/or regulatory audit, financial supervision and/or other areas related to Compliance fields of competence.
• University degree in Law, Finance, Economics, Political Science, or a related field.
• Specialization in Compliance, Risk Management, or AML (Anti-Money Laundering) is an asset.
• Strong knowledge of and experience with international and European Union standards such as the EU AML Directives.
• Additional certifications such as CAMS (Certified Anti-Money Laundering Specialist), or ICA (International Compliance Association) qualifications are an asset.
• Knowledge of standard computer tools and full proficiency in internet searches.
• Knowledge on integrity screening tools and/or OMEGA is a plus.
• Excellent knowledge of English, both oral and written, with strong drafting skills.
• Knowledge of other EU languages would be considered an asset.

Skills

• AML Compliance
• KYC Procedures
• International Sanctions Compliance
• Regulatory Audit
• Financial Supervision
• Risk Management
• EU AML Directives
• Compliance Monitoring
• Integrity Screening
• OMEGA System
• Compliance Risk Management
• Compliance Alerts Management
• Audit Coordination
• Legal Drafting
• Internet Research
• CAMS Certification
• ICA Qualification

Languages

English