Senior AML/KYC Officer

Job Description

  • Review KYC files for ongoing monitoring
  • Analysis of the KYC files with the screening and updating database
  • Assess the level of risk inherent to each investor to determine a risk-based approach in line with IQ-EQ internal policy
  • Identify the main risks in relation with the monitoring of existing clients. Escalate the risks to the Line Manager and Compliance
  • Escalation process to Group Risk & Compliance (PEP, HIGH…)
  • Provide support to the Business during preparation of escalation process to group Risk & Compliance (PEP, REP requests)
  • Preparation of Key Risk Indicators
  • Preparation of AML letter, Key Performance Indicators, due diligence questionnaires for internal and external parties
  • Work in collaboration with the team in Luxembourg and other jurisdictions
  • Monitoring and collaborating with the extended team in the Philippines
  • Answer emails/queries from internal and external parties in a timely manner
  • Effective and efficient communication of AML and regulatory information
  • Organise meeting with different stakeholders (Clients, Client Directors, Compliance) and support other departments
  • Be the point of contact and provide support to Transfer Agent Team and Fund department in general
  • Support other IQ-EQ departments, provide and share AML/KYC expertise during day-to-day business
  • Answering to regulatory requests including the completion of the annual AML questionnaire
  • Participation to the various Audit missions and to provide supporting documents for internal and external AML audits
  • Attendance to Board meeting when and if required
  • Providing advice to the Management and to the staff on AML/legal related matters
  • Training of new joiners and advanced training such as new regulations, AML, new process etc
  • Perform name screening and file review as 2nd line of defence and supervise the reviews done by Officers and Juniors
  • Participate to the internal Meeting to share experiences and information/projects within the department
  • Setting up action plan if situation remains stagnant despite several reminders for incomplete investor files and regular follow-up with the team members on their project status
  • Supervise tasks performed by other officers which are related to Funds Clients and share experiences and knowledge within the department
  • Maintain an appropriate AML Program (including documented policies and procedures)
  • Regulatory watch related to AML matters and fund industry
  • Emphasize and strengthen the 1st line of defence culture within IQ-EQ during day-to-day activities
  • Taking part of a good governance model for IQ-EQ


  • Bachelor/Master degree in Economics or Finance
  • at least 3 years experience mainly in AML/KYC, Fund Adminsitration and Compliance in Luxembourg
  • Fluent in English, any other language will be considered as an advantage (French and German in particular);

Additional information

At IQ-EQ we want you to reach your full potential. We offer an inclusive and diverse environment to support your career aspirations. With a strong emphasis on continuous learning and a holistic approach to your professional and personal development. We also offer opportunities across our service lines and our international network of offices.

Company description

IQ-EQ is a leading Investor Services group which combines global expertise with an unwavering focus on client service delivery. We support fund managers, global companies, family offices and private clients operating worldwide.

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