Senior Associate - MLRO Services

Waystone leads the way in specialist services for the asset management industry.

*Partnering with institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide.*With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn.

Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.

The Senior Associate will assist the Head OF MLRO in the management of MLRO Services provided by KB Associates and will be an integral part of the team’s success.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Acting as MLRO to a portfolio of UCITS and AIFMD investment funds;

• Responsible for creating and maintaining beneficial ownership registers for clients of the firm and filing of same with the central registry;

• Preparation and presentation of quarterly MLRO Reports to Fund Boards;

• Drafting & maintenance of AML Policies and AML Risk Assessments;

• Conducting annual on-site inspections at the fund Administrator, reporting findings to the board of directors and making recommendations as appropriate;

• Delivery of ongoing & annual AML training to the fund board of directors;

• Dealing with financial sanctions alerts and reporting as appropriate;

• Investigating potentially suspicious transactions and reporting to the authorities as appropriate;

• Liaising with external stakeholders on all AML/CFT matters.

• Ad-hoc responsibilities as delegated by the Head of MLRO or Senior Management of KBA Consulting Management Limited.

REQUIREMENTS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Experience:

• Minimum of 3 years industry experience;
• Self-Starter with clarity of analysis and of expression, both written and oral;
• Excellent interpersonal and client management skills;
• Excellent presentation and communication skills;
• Experience presenting to senior management and/or board of directors;
• Outstanding time management, organizational skills, oral/written communication skills, critical thinking and attention to detail is required;
• Must be able to work in a fast-paced environment including reporting and providing support to various members of the team.
• Experience working as an MLRO or similar role, particularly in the funds industry, preferred.

Education:

• An internationally recognized professional Third level qualification;
• Professional Qualification and/or the LCI designation;
• Fluency in AML/CFT legislation/regulation/industry best practice as it applies to the funds industry.