Conducting officer Compliance & Risk Management AIFM F/M

A growing Luxembourg-based AIFM specialized in Private Equity investments is looking to appoint an experienced Conducting Officer F/M in charge of Compliance and Risk Management.

This is a senior and hands-on position within the management body of the AIFM, requiring strong operational expertise in Luxembourg regulatory environments and direct experience within an AIFM structure.

• Act as Conducting Officer responsible for Compliance within the AIFM
• Oversee and continuously improve the compliance framework of the AIFM and managed funds
• Monitor Luxembourg regulatory developments and assess their impact on the business
• Approve and supervise the annual Compliance Monitoring Plan using a risk-based approach
• Oversee compliance controls, documentation, and reporting activities
• Supervise delegates and third-party service providers from a compliance perspective
• Ensure regulatory filings and notifications are completed accurately and on time
• Prepare reports for senior management, Board members, and regulatory authorities
• Review and approve internal compliance policies and procedures
• Promote a strong compliance culture across the organization

• Oversee the AML/CFT framework in line with Luxembourg regulatory requirements
• Supervise onboarding, KYC, screening, due diligence, and ongoing monitoring activities
• Review AML risk assessments related to investors, counterparties, and delegates
• Ensure periodic reviews are conducted according to risk classifications
• Coordinate AML training and awareness initiatives
• Support regulatory reporting obligations and internal governance processes

• Act as Conducting Officer responsible for Risk Management
• Oversee the risk management framework of the AIFM and managed funds
• Maintain and review Risk Management Procedures (RMP)
• Ensure appropriate methodologies and controls are implemented to identify, monitor, and manage risks
• Oversee investment compliance monitoring and operational risk controls
• Ensure adequate reporting to management, Board members, and regulators
• Participate in new fund launches and strategic initiatives from a risk perspective
• Assess the impact of regulatory developments on the risk framework

• Supervise delegated functions and outsourced service providers in line with AIFMD and CSSF requirements
• Participate in due diligence and oversight processes for delegates
• Conduct oversight reviews, KPI monitoring, and governance assessments
• Identify control gaps and coordinate remediation actions where necessary
• Maintain delegate oversight documentation and governance frameworks

• Participate in Management Committee meetings alongside the other Conducting Officers
• Report regularly to the Board of Directors on areas under responsibility
• Coordinate effectively with internal teams, delegates, and external providers
• Contribute to the continued development and institutionalization of the AIFM platform
• Manage and support a small team within the control functions environment

• Mandatory experience within a Luxembourg-based AIFM
• Minimum 15 years of relevant experience within asset management, financial services, or regulated fund environments
• At least 10 years of experience within a Luxembourg AIFM, ManCo, or regulated financial institution
• Strong knowledge of Luxembourg regulatory requirements applicable to AIFMs and Private Equity structures
• Significant experience in Compliance, AML/CFT, and Risk Management within regulated fund environments
• Strong exposure to Private Equity or Private Assets structures and operations
• Direct experience interacting with the CSSF and external auditors
• Previous approval as Conducting Officer would be considered a strong advantage

• Hands-on, operational, and solution-oriented mindset
• Strong leadership and decision-making capabilities
• Excellent analytical, organizational, and problem-solving skills
• Ability to manage multiple priorities within a dynamic environment
• Strong interpersonal and stakeholder management skills
• Excellent written and verbal communication skills in English