Senior AML KYC Analyst – Transfer Agency
- Analyse and perform investors account opening and periodic reviews. Ensuring all accounts are compliant with regulatory requirements and internal control policies
- Analyze complex ownership structures related to account opening to properly identity and ascertain the risk rating
- Prepare New Fund Profile (NFP) documentation and review of account opening forms, depositary information sheets, AML/KYC related documents such as KYB, Volcker check lists, Wolfsberg CBDDQ and FCCQ, FATCA and CRS forms
- In-depth knowledge of AML/KYC due diligence requirements on a range of retail and institutional investore with different legal structures in various jurisdictions.
- Coordinate Funds data collection internally and externally with clients to facilitate CDD reviews and apply Enhance Due Diligence (EDD) process when applicable on complex cases before account opening and escalate determined high risk accounts to Compliance as per internal procedures
- Monitor on daily basis Blacklist, Sanctions, PEP, and Adverse Media overnight screening reports from internal screening tool and perform appropriate case by case analysis and report serious suspicious hits to internal Compliance Team for feedback
- Good knowledge of offshore and onshore AML/KYC laws and regulations
- Utilizing Open-Source Intelligence techniques to gather relevant KYC data during relevant CDD review processes on both new and existing clients.
- Participate in meetings related to the onboarding of new businesses on behalf of the Team and update the prospective Funds internal tracker accordingly with regular project updates
- Respond in a timely manner to clients’ inquiries related to all relevant Fund events such as account opening, new Fund launches, mergers, or liquidations
- Ensure proper follow up and adequate oversight of ongoing and pending accounts setups to resolve any blocking issues.
- Issue indicators on the AML compliance risk exposure for relevant accounts that needs to be opened using approved internal procedure
- Respond timely to emails/queries from investors and clients
Profile
- Bachelor or master’s degree in accounting, economics or equivalent
- 5+ years’ experience in Transfer Agency KYC/AML environment
- Good command of Microsoft office tools
- Excellent communication skills with a good understanding of the Luxembourg fund administration process
- Good knowledge of TA systems
- Fluency in English, both written and spoken. French or German is an asset
- Able to work independently, but also with excellent organizational skills, team spirit, flexibility, and self-discipline.
- You are passionate about client services
- Knowledge of Asset Management a must
Reporting to the Accounting Manager, the Senior Accountant plays a pivotal role in the month-end close and is responsible for monthly journal entries, account reconciliations and ensuring compliance with generally accepted accounting principles and company procedures. The successful candidate will have strong analytical and problem-solving skills, a high level of independence, along with a willingness to take initiative and be a team player.
Key Responsibilities:
- Consolidating financials for nine legal entities
- Group financial reporting
- Analyzing financial statements and identifying variances
- Preparing and reviewing journal entries and account reconciliations
- Cash receipts and forecasting
- VAT reporting/reconciliation
- Manage and assist with accounts payable/receivable
- Manage billing and revenue recognition
- Coaching and mentoring the local accounting team
- Increase productivity by identifying non-value-added processes and seek solutions for improved efficiencies.
- Participate in audits and year-end activities.
- Develop/maintain documentation for key accounting processes in new ERP (Sage Intacct)
- Support special projects and process improvements as required.
What You Will Bring to Prophix
To shine in this role, you will bring a rare combination of experience, technology skills, personal qualities, and education.
Your Education & Experience
- A Bachelor’s Degree in Accounting
- 5+ years of professional experience in an international context
- Demonstrated excellent, in-dept, and hands-on knowledge of accounting software and processes preferably in a multi-currency, multi-entity environment.
- Fluency in English and Dutch or French.
- SaaS industry experience an asset.
- Must be legally entitled to work in the country where the role is located. Must be able to travel to the United States, Canada and/or internationally, and have a valid passport
Your Technology Skills
- Advanced Excel skills (pivot tables, advanced excel formulas, graphs, etc.).
- Proficiency with MS office Suite, especially Power-Point, Excel and Teams.
- Prophix/CPM experience is an asset.