Internship - Transfert Agent - Ongoing Due Diligence (12 months)

at  Pictet

YOUR TEAM

The Pictet Group is one of the world’s leading independent wealth and asset managers. Founded in 1805 and headquartered in Geneva, Switzerland, the Group is represented at 30 offices in financial centres worldwide, and currently employs over 5200 people. Pictet has been present since 1989 in Luxembourg, where it employs over 700 people.
FundPartner Solutions provides a full suite of fund administration and private label funds services. The global team of industry experts specialises in fund domiciliation, registration and governance, as well as risk compliance and investment management services.
Technology & Operations design and integrate software applications ranging from portfolio management systems, trading platforms to banking and corporate solutions. The division is responsible for some of the Group’s key innovations while sustaining business operations and developing custodian and funds administration services.
You will be part of the Transfert Agent - Ongoing Due Diligence team.

NOTE

We will not accept any CVs from agencies.
In accordance with the provisions of the Luxembourg law of 23 July 2016 amending the law of 29 March 2013, candidates may be required to provide an extract from their criminal record. This document, issued by the authorities, must not be older than three months. Such a document will be requested with the aim of carrying out a character check on candidates, bearing in mind the area of activity of our establishment and, more particularly, the tasks described in the job description.

Responsabilities

• Identifying investors using a risk-based approach, taking into account the legislation in force and internal directives.
• Carrying out periodic reviews of investors’ files and updating documentation/information relating to the fight against money laundering and terrorist financing (AML), Know Your Customer (KYC) and tax documentation (FATCA/CRS).
• Carrying out yearly reviews of financial institutions’ evidence of regulation.
• Carrying out yearly reviews of PEP clients.
• Handling changes of circumstances triggering investors’ file reviews.
• Handling ongoing Beneficial Owner monitoring.
• Handling Clients Due diligence and audits reviews.
• Act as a key contributor to yearly ISAE 3402 exercise.
• Act as support to PAM Account Opening team and performing monthly account opening controls.
• Communicating professionally with FPS clients (funds/management companies) and investors to collect the required information/documentation.
• Finding gains in efficiency in the way of working

As an AML specialist in the Ongoing Due Diligence team of the Transfer Agent (TA) department, you will handle a variety of tasks to ensure FPS respects its regulatory obligations such as performing continuous/periodic reviews of investors’ AML/KYC/tax documentation, following a risk-based approach and considering the regulations in force and any subsequent changes to those regulations. You will be in charge of helping the Team Leader to achieve the team objectives throughout the year.

Responsabilities

• Identifying investors using a risk-based approach, taking into account the legislation in force and internal directives.
• Carrying out periodic reviews of investors’ files and updating documentation/information relating to the fight against money laundering and terrorist financing (AML), Know Your Customer (KYC) and tax documentation (FATCA/CRS).
• Carrying out yearly reviews of financial institutions’ evidence of regulation.
• Carrying out yearly reviews of PEP clients.
• Handling changes of circumstances triggering investors’ file reviews.
• Handling ongoing Beneficial Owner monitoring.
• Handling Clients Due diligence and audits reviews.
• Act as a key contributor to yearly ISAE 3402 exercise.
• Act as support to PAM Account Opening team and performing monthly account opening controls.
• Communicating professionally with FPS clients (funds/management companies) and investors to collect the required information/documentation.
• Finding gains in efficiency in the way of working.