LFE European Asset Management is a joint venture between Brookfield Asset Management and Oaktree Capital Management and is a regulated entity supervised by the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) to provide services as alternative fund manager across Europe. Our role is to provide independent governance and oversight to Oaktree and Brookfield’s Alternative Investment Funds (“AIF”), with rigorous risk controls, working in internal partnership with the group entities to support growth in Europe while adhering to the highest standards of integrity.

Scope and Responsibilities

• Assist the compliance team maintaining AML/CTF policies and keeping Compliance Manual up to date;

• Support on AML/CTF and compliance reports submission: provide data to providers and review reports;

• Maintain regulatory reporting schedule and help with its implementation – particularly in respect of AML/CTRF reporting to CSSF and AED on behalf of LFE and its funds under management, but also regulatory reporting more broadly;

• Perform AML/CTF screening using the screening tool;

• Support in drafting risk assessments and reviewing risk appetite and escalating results as appropriate;

• Help maintain regulatory tracker and logging or interactions with regulators – work with other functions to ensure their regulatory correspondences are timely reported to compliance so can be included in tracking;

• Support with the preparation of the annual AML survey and Self-Assessment Questionnaires filled with the regulator;

• Be responsible for the review, organisation and preparation of AML records and ensuring all records are regularly maintained and updated;

• Help prepare and coordinate training;

• Work closely with colleagues in the compliance team and broader groups to assess new products, assets/classes and deal and conduct AML due diligence on new and existing clients and contractual counterparties and vendors, adhering to our internal policies;

• Be responsible for managing and scanning the KYC/AML records autonomously, propose a monitoring and/or testing plan for discussion with the LFE compliance team and perform relevant risk analysis;  

• Communicate with internal and external parties to exchange information in a timely manner;

• Participate in periodic audits;

• Work closely with the wider compliance team on ad-hoc projects;

Experience required

• 1 – 3 years experience in AML compliance or other exposure to AML/CTF;

• Good command of Microsoft Office tools (Word, Excel and Access);

• Knowledge and/or good understanding of the screening tools for sanctions (e.g. Worldcheck, LexisNexis, or other).

Personal attributes

• Self-starter with a proven ability to take initiative;

• Responsible with a strong work ethic and sense of dedication;

• Interest on fund industry and its related regulations;

• Good communication and interpersonal skills, ability to listen, provide and receive feedback;

• Excellent interpersonal, verbal and written communication skills;

• Outstanding organization skills with high attention-to-detail;

• Team-oriented with strong integrity and professionalism and able to work autonomously; and fluency in written and oral English.

Education

Bachelor’s Degree

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.