Senior AML/KYC Compliance Manager

StepStone is a global private markets firm providing investment and advisory solutions across Private Debt, Private Equity, Infrastructure and Real Estate. StepStone has an affiliate in Dublin which operates an Alternative Investment Fund Manager (AIFM), regulated by the Central Bank of Ireland (CBI). StepStone Group is listed on the NYSE and is a Registered Investment Adviser (RIA) with the Securities and Exchange Commission (SEC)

StepStone is looking for a Senior AML Compliance Manager, with responsibility for overseeing and managing StepStone’s anti-money laundering (AML) and counter-terrorism financing (CTF) efforts. This will include overseeing policies and procedures to ensure compliance with relevant regional AML/CTF/(KYC) laws, regulations, and guidelines; working with investor services to create efficient and effective systems and controls to detect and prevent money laundering and execute the firms AML/KYC, KYA, and Reverse/Managed KYC program; working with vendors that assist in executing our processes, managing comfort letters and participating in other aspects of the compliance program. The successful candidate will be seen as a key member of the team. Internal processes and procedures are continuously evolving to meet regulatory and market expectations, and the successful candidate will have the opportunity to contribute to this growth.

This role will be supported by colleagues in the global compliance team in Dublin, Luxembourg and the US. 

Key Responsibilities:

• Develop, implement, and maintain the company's AML/CTF/KYC policies, procedures, and controls in line with regulatory requirements in Ireland, Luxembourg, the Cayman Islands; the US and other regions in which the firm operates.
• Conduct risk assessments to identify and mitigate potential money laundering and terrorist financing risks within the company.
• Act as the primary internal resource for AML/CT/KYCF-related matters.
• Manage relationships with relevant regulators and agencies and respond to requests for information in a prompt manner.
• Remain current with changes in AML/CTF/KYC regulations and legislation, ensuring that the company’s policies and procedures are regularly reviewed and updated.
• Act as the MLRO for the firm, it’s AIFM’s branches in Spain, Italy, Germany and the Netherlands. and if necessary MLRO for the US and LUX funds.
• Monitor and review customer due diligence (CDD), know your customer (KYC), enhanced due diligence (EDD) processes, PEP and Sanctions checks and other AML/CFT checks carried out by other staff within the group.
• Coordinate and assist in internal and external audits, ensuring all necessary documentation and reports are prepared in a timely manner.
• Keep senior management informed of AML/CTF-related developments, risks, and issues, providing regular reports.
• Implement systems, processes and technology to deliver an efficient AML framework and structure.
• Engage with business units and external parties to identify technology challenges, efficiencies and solutions.
• Manage short-term projects, quickly analyse requirements, work with minimal supervision and delivering to agreed deadlines.
• Manage AML filing requirements in Italy, LUX, Ireland, Switzerland, USA, Ireland, Germany, Spain, the Netherlands, and other relevant jurisdictions.

Education and/or Work Experience Requirements:

• At least 8 years’ experience working in a similar MLRO/DMLRO or AML compliance role within the financial services industry, preferably with an investment advisor.
• Strong understanding of the LUX / Cayman and US AML/CTF/KYC regulations and a working knowledge of International AML laws and guidance.
• Excellent analytical and problem-solving skills, with the ability to identify and mitigate risks effectively.
• Strong communication and interpersonal skills, with the ability to engage and collaborate with stakeholders at all levels.
• Strong organisational skills, with the ability to prioritise and manage multiple tasks and deadlines.
• Familiarity with AML/CTF technology solutions and data visualisation tools.

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