Company Description
Based in the Netherlands and Luxembourg, TARU specialises in delivering innovative fund administration services supported by advanced technology and outstanding client support. The company is driven by a team of knowledgeable professionals dedicated to transforming the fund administration landscape. TARU is committed to improving processes and providing top-tier services to meet the evolving needs of its clients.
About the Role
We are seeking an experienced Compliance Officer / Responsable du Contrôle (RC) to join our Luxembourg CSSF-regulated PFS. The role will have day-to-day responsibility for the oversight and development of the Compliance and AML/CFT framework, ensuring alignment with Luxembourg and EU legislation, CSSF requirements and regulatory expectations. The position is central to maintaining a robust, risk-based financial crime control environment.
Reporting & Governance
The Compliance Officer / RC will operate within the regulatory governance structure and report to the RR / Authorised Manager – Regulatory, while maintaining the independence required for the Compliance function. The role will have appropriate access to senior management and the Board, and the ability to escalate material compliance and AML/CFT matters directly where required.
Key Responsibilities
Compliance Framework & Regulatory Change
- Maintain and further develop the Compliance and AML/CFT framework, including policies, procedures and controls.
- Monitor applicable Luxembourg and EU regulatory requirements and CSSF expectations, and assess their impact on the business.
- Monitor regulatory developments and ensure timely implementation of regulatory changes.
AML/CFT Risk Management & Due Diligence
- Coordinate AML/CFT risk assessments and ensure a proportionate, risk-based approach is effectively implemented.
- Oversee KYC, CDD and EDD processes for clients, investors, beneficial owners and relevant control structures.
- Oversee PEP, sanctions and adverse-media screening and follow up on identified risks and alerts.
- Assess AML/CFT risks and support transaction monitoring and suspicious-activity processes, where applicable.
Compliance Monitoring & Oversight
- Implement and maintain a risk-based Compliance and AML/CFT monitoring programme.
- Identify compliance weaknesses, breaches and regulatory gaps; coordinate remediation and escalate material matters appropriately.
- Oversee compliance aspects of relevant outsourced activities and service providers.
Advice, Reporting & Regulatory Engagement
- Provide independent compliance advice and challenge to the business and senior management.
- Prepare regular Compliance and AML/CFT reporting for senior management and the Board.
- Support CSSF inspections, information requests and regulatory interactions, including preparation and follow-up of documentation and findings.
- Promote a strong compliance culture through training and awareness initiatives.
Candidate Profile
Required Experience
- University degree in Law, Finance, Economics, Compliance, Business or a related discipline.
- At least 5 years of relevant experience in Compliance, AML/CFT, KYC, Financial Crime or a related control function.
- Previous experience within a Luxembourg CSSF-regulated environment strongly preferred.
- Experience in a PFS, fund administrator, asset manager, investment firm or bank is an advantage.
- Strong practical knowledge of AML/CFT, KYC/CDD/EDD, beneficial ownership, PEP and sanctions requirements.
- Experience with compliance monitoring, risk assessments, remediation and regulatory change.
- Knowledge of the Luxembourg/EU regulatory framework and CSSF requirements; prior CSSF interaction or inspection experience is an advantage.
- Relevant professional certification (e.g., AML/compliance) is an advantage.
Skills & Competencies
- High integrity, independence and sound professional judgement.
- Strong analytical and investigative skills, with attention to detail.
- Ability to challenge, escalate and communicate regulatory issues clearly.
- Organised, pragmatic, proactive and solution-oriented approach.
- Ability to work independently while collaborating effectively with senior management and business teams.
- Strong written and verbal communication skills and a high level of discretion/confidentiality.
- Fluent English is required. Other European languages are considered a plus.
What We Offer
- A senior Compliance role within a growing Luxembourg CSSF-regulated PFS.
- A key position in the development and strengthening of the firm’s Compliance and AML/CFT framework.
- Direct exposure to senior management, Board and regulatory matters.
- An international and dynamic working environment with broad regulatory and financial-crime responsibilities.
- A competitive remuneration package.