Senior Associate, EMEA Compliance

Description

Summary :

The Ares Compliance Department oversees and manages Ares’ global regulatory compliance and ethics program. Under the leadership of the Global Chief Compliance Officer, the Compliance Department is comprised of functionally and business-aligned teams that operate collaboratively based on the Firm’s overall structure : Investment Advisory, which oversees implementation of investment management compliance policies related to the management of client accounts; Marketing & Distribution, focusing on global marketing and investor relations, including compliance for Ares’ registered broker-dealers; Registered Products, which oversees the compliance for advised and sub-advised registered funds and public companies; Trading & Conflicts, which oversees transactional compliance with client investment guidelines and the identification, monitoring and mitigation of potential conflicts of interests that may arise; Corporate Compliance, which administers the Codes of Ethics and Conduct and oversees the global testing and surveillance program; AML-CTF, which develops and administers Ares’ Global Anti-Money Laundering and Counter-Terrorism Financing Program; and Compliance Operations and Regulatory Reporting, which oversee the department’s operational and reporting functions with a focus on regulatory reporting and management of strategic initiatives.

Role Summary :

Ares’ Compliance Department is currently seeking a Senior Associate to support Ares Management Luxembourg’s AIFM Compliance program. The ideal candidate will be a well-established compliance professional with a strong foundation in the regulations applicable to Luxembourg AIFs and AIFMs, including but not limited to AML / CFT. The role demands a proactive, detail-oriented professional having ability to manage multiple priorities in a dynamic, fast-paced environment.

Primary Functions & Essential Responsibilities :

• Perform day-to-day tasks of the Luxembourg Compliance Team to ensure the timely, accurate and consistent execution of the AIFM’s and AIFs compliance obligations;
• Stay abreast of current rules, standards, best practices and CSSF regulatory developments;
• Assist the Conducting Officer in charge of Compliance to assess and implement any new local laws and regulations where applicable, including the identification and assessment of compliance risk in connection with the AIFM’s products and activities;
• Plan and execute the continuous compliance monitoring program, assist in identification of vulnerabilities and risks;
• Educate staff with respect to compliance matters and act as an advisor on compliance queries from staff members;
• Assist with the preparation of periodic reports and notifications to both regulatory authorities and internal stakeholders on compliance (including AML-CTF matters);
• Ensure policies and procedures are appropriately implemented and updated according to regulatory or internal requirements;
• Serving as the RC for certain Luxembourg AIFs. This includes analyzing escalations related to AML / CFT issues and ensuring they are addressed appropriately. In addition, providing regular updates and reports on investors / investments to the local management of AIFs is also a key element of the role.

Education :

Experience Required :

Personal Competencies :

Reporting Relationships

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.