KYC Officer

The European Investment Fund (EIF) is seeking a KYC Officer to join its Central Front Office Services Department, KYC, TAX, ESG Division at its headquarters in Luxembourg. The role involves executing customer due diligence processes, ensuring compliance with AML-KYC regulations, and supporting the business in managing financial crime, sanctions, and reputational risks.

Responsibilities

• Collect and assess KYC/AML documentation, ensuring alignment with EIB Group AML policy and applicable procedures.
• Conduct end-to-end KYC onboarding for new counterparties in EIBG system, including beneficial ownership analysis, screening results, integrity and reputational checks, in line with EIB Group procedures.
• Perform 1st Line of Defence Non-Financial Risk Compliance assessments for investment transactions and portfolio activities.
• Draft clear and structured 1LOD compliance assessments and contributions to transaction approval documentation.
• Work collaboratively with investment teams, providing guidance on NFR processes, tools and requirements in a pragmatic and solution-oriented manner.
• Liaise with EIF 2LOD and EIB counterparts to escalate higher risk cases and ensure consistency with EIB Group-wide standards.
• Contribute to the continuous improvement of procedures, checklists, guidance and digital tools, supporting the evolution of 1LOD responsibilities under the updated NFR Three Lines Model Target Operating Model.

Requirements

• At least 3 years and no more than 5 years of post-graduation relevant professional experience at the same level of responsibility in asset management, banking, finance, legal or corporate advisory in the Compliance / KYC domain or other areas relevant for the role.
• University degree in Economics, Business Administration, Finance or Law (preferably at postgraduate level) with a combination of the above being an additional asset.
• Good knowledge of regulatory requirements, especially with relation to AML-KYC in a 1st or 2nd Line of Defence role.
• Proven experience in external communication with clients and managing flows of legal and regulatory documentation.
• Good understanding of the EIF mission and activities as well as the operating and political framework in which the EIF operates.
• Excellent knowledge of written and spoken English. Knowledge of other EU languages would be considered an advantage.
• Previous experience with WorldCheck screening system is considered an asset.
• Previous experience with a Three Lines Model transition project considered a strong advantage.

Skills

• KYC Compliance
• AML Regulations
• Customer Due Diligence
• Regulatory Requirements
• Legal Documentation Management
• External Client Communication
• Asset Management
• Banking Compliance
• Financial Compliance
• Corporate Advisory
• WorldCheck Screening
• Three Lines Model
• Financial Crime Risk Management
• International Sanctions Compliance
• Reputational Risk Management
• Knowledge of EIF Operations
• English Language Proficiency

Languages

English