AML/KYC Specialist

Join Vistra and Drive Progress as an AML/KYC Specialist

At Vistra, our purpose is progress. We believe our clients have the power to change the world and achieve great things for global progress. We are committed to removing the friction that comes from the complexity of global business—helping our clients achieve progress without friction.

Progress happens when people come together and take action, and we’re committed to building a culture where our people can do just that.

We have an exciting opportunity for you to join our team as an AML/KYC Specialist, based in our Luxembourg office.

Role Overview

The primary task of the AML/KYC Specialist is to perform reviews and analysis of the KYC/AML documentation and investor identification of complex and/or high-risk entities, in accordance with the current regulatory requirements in Luxembourg and Vistra’s policies and procedures.

This is an exciting time to join Vistra with our ambitious growth plans over the next four years and our passion for delivering progress without friction for our funds clients. We have a culture of promoting from within and offer global career growth opportunities.

Key Responsibilities

• Review of account opening documentation, including analytical risk assessment for new client accounts within agreed time frames.
• Pre-validation of Risk Assessment form on behalf of the business.
• Support the transfer agency team, Compliance, and Risk team in resolving complex KYC/AML cases.
• Liaise with Compliance Officers of clients in case of escalation.
• Periodically evaluate existing clients' risk according to established policies and procedures and liaise with clients to validate high-risk accounts.
• Periodic review of KYC/AML records for completeness, ensuring due diligence has been performed and risk assessments are current and up-to-date.
• Investigate and report high-risk clients, including Politically Exposed Persons, collecting necessary documentation to complete the client file.
• Review and respond to KYC/AML related queries across all clients within agreed time frames.
• Run, review, and update KYC/AML reports, providing these reports to clients and regulatory authorities.
• Define how to implement guidelines from CFT following the regulatory watch on new directives, laws, and regulations related to KYC/AML from an operational point of view.
• Provide explanations/training on guidance defined on regulatory requirements (to internal and external stakeholders).
• Implement and update procedures that ensure the team is compliant with all KYC/AML and Financial Crimes prevention policies.
• Contribute to and prepare/discuss AML reviews as required by Compliance and by the business.
• Provide effective support for employees of the Transfer Agent and Compliance.

Technical Skills & Attributes

• Coordinate and organize the work of the team, including team coverage.
• Ensure the team’s effective understanding of specific processes and strict adherence to relevant procedures to deliver projects.
• Adhere to and promote the culture and conduct approach.
• Comply with regulations, rules, and procedures (internal and external) as applicable to the role and services delivered.
• Take ownership and act at all times with exemplary ethics and courage.
• Display the 4 key postures: "Be attentive," "Be constructive," "Be proactive," and "Be partner."
• Identify and monitor the team’s training and personal development needs.

Relevant Experience

• A minimum of 3-4 years' experience in a compliance, AML/KYC client-oriented position.
• Knowledge of local anti-money laundering laws, rules, and regulations, particularly CSSF circulars and laws relating to AML/CFT.
• Proven knowledge of regulatory requirements and ability to translate them into operational/process requirements.
• Excellent command of the English language. Additional languages are an asset.
• Excellent analytical, problem-solving, and time management skills.
• Strong Excel and other relevant business software skills.
• Ability to perform under pressure and within tight deadlines.
• Flexibility, adaptability, reliability, and commitment.
• Initiative and a problem-solving approach.
• Highest work standards with a strong service orientation—embracing a "client first" culture.
• Team player mentality with a detail-oriented, proactive approach to work.
• Open-mindedness and capability to build productive working relationships.
• Ability to work in partnership with the larger Compliance group.

Education & Professional Qualifications

University degree in Finance and/or Economics. ACAMS AML certification would be a distinct advantage.

Company Benefits

At our Luxembourg office, we prioritize our employees’ well-being. We offer a challenging position in an ambitious organization where no day is the same. A company with a future-oriented perspective, where you can grow and leave your own imprint.

In addition, we offer:

• Bonus Plan, based on Group and individual performance
• 232 hours of holidays (29 days), plus public holidays
• Lunch vouchers valued at 10.80 EUR (18 per month)
• Additional AXA Health Insurance covering 50% (Axa VitalPlus scheme)
• Participation in a Pension Scheme, after 6 months of employment
• Reimbursement of public transport costs up to 75 EUR per month for cross-border travel
• Sympass card discount for exclusive discounts on purchases and leisure activities, available via the SYMPASS application
• Subsidized gym membership at Factory 4, the largest Fitness space in Luxembourg
• Remote and adaptive work arrangements (maximum 3 days per week from home, minimum 2 days per week in the office after the adaptation period)
• Learning and training opportunities via our digital learning environment, ‘Skills Platform’
• Support for professional qualifications, e.g., ACCA
• Regular social events
• Free coffee, tea, and fresh fruits in our office

We support employees’ charitable efforts by encouraging engagement in Corporate Social Responsibility (CSR) initiatives and projects to enhance our impact as a company.

If you are excited about working with us, we encourage you to apply! Our goal is to make this a great place to work where all our people can thrive. We hope you join us on this exciting journey!