Trainee AML/CFT

Department: Operations

Location: Luxembourg

Description

The Trainee AML/CFT will support the AML/CFT team in performing client/investor periodic reviews within the Transfer Agent business. The trainee will be assigned a portfolio of client/investor files and will assist in ensuring that due diligence documentation remains complete, accurate, and compliant with applicable regulatory requirements and internal policies.

This is a role best suited to a self-motivated and organized individual with a curious mind.

Key Responsibilities

• Support the execution of client/investor periodic reviews by managing an assigned portfolio of client/investor files.
• Review existing KYC documentation and perform gap analysis against internal checklists and regulatory requirements.
• Identify missing, outdated, or incomplete documentation and prepare information requests to investors or relevant stakeholders.
• Liaise with investors and/or internal teams to obtain required documentation in a timely manner.
• Analyse documentation received to ensure completeness, consistency, and adequacy for AML/CFT purposes.
• Perform screening checks (sanctions, PEP, adverse media and other relevant controls) in accordance with internal procedures.
• Contribute to the preparation and update of investor risk assessments under the supervision of senior team members.
• Ensure accurate and timely updates of investor information in internal systems and databases.
• Maintain proper filing of documentation in accordance with record-keeping standards.
• Provide regular status updates to the line manager on the progress of assigned periodic reviews and escalate potential issues where appropriate.
• Assist with additional AML/KYC tasks and projects as required.
  
  

Skills, Knowledge And Expertise

• University degree (completed or ongoing) in Law, Finance, Business Administration, Economics, or a related field.
• Eligible to enter into a university internship agreement.
• Interest in AML/CFT, compliance, and financial services.
• Strong attention to detail and analytical mindset.
• Good organisational skills and ability to manage multiple tasks simultaneously.
• Proficiency in Microsoft Office.
• Fluency in English; additional European languages are considered an asset.