Money Laundering Reporting Officer

The European MLRO will oversee all Anti-Financial Crime activities for the Irish Management Company and its associated Irish and Luxembourg UCITS and AIFs. Additionally, the MLRO will support the onboarding of separate mandate clients in London and Ireland.

The MLRO will serve a lead role in a cross-functional team that ensure the AML and CTF European standards remain in good regulatory standing at all times. Acting as the day-to-day contact for all AML queries from internal stakeholders (such as the fund and Investment Manager Boards, Distribution,  Investment Managers, Group Functions) and external parties (including but not limited to administrators, distributors, and relevant authorities).

Position Responsibilities:

Regulatory

• MLRO (PCF52) for Manulife Investment Management (Ireland) Limited and its German Branch (25%)

• MLRO/Responsable du Contrôle (RC) for the Luxembourg UCITS fund platform – MGF – accountable to the Luxembourg regulator (CSSF) and the Manulife Global Fund Board (50%)

• MLRO for the Manulife CQS Irish funds platform – accountable to the Irish regulator (CBI) and the Irish Funds Board (25%)

• MLRO to the Manulife CQS Irish funds

  • CQS Funds (Ireland) plc

  • CQS Global Fund (Ireland) plc

  • CQS Global Funds II ICAV

  • Kirakka ICAV

• RC to Luxembourg AIFs

  • MFCF Lux Feeder 1 SCSp (MIMTA)

  • MDLF Unlevered Lux SCSP (MIMIL)

  • Manulife Co-Investment Partners Fund III (Lux) SCSp  

  • Manulife Co-Investment Partners Fund III (Lux) S.C.A., SICAV-RAIF

  • Manulife Real Estate Equity Partners (Lux) SCSp

  • Manulife Real Estate Credit Strategies (EU Feeder) SCSp

  • Manulife Infrastructure Fund III (Lux) EUR Feeder SCSp

• MLRO to MIM UK

• MLRO to MCQS UK

General

• Prepare Annual Risk Assessments and Quarterly MLRO reports.

• Review the KPIs received from the administrator, distributor, investment manager.

• Review in depth AML policies and procedures of the delegates to make sure they are in line with Luxembourg legislation.

• Act as point of contact with the local authorities and regulators.

• Oversee the AML activities of the administrators and review their programs annually.

• Act as a first point of escalation of any AML related issues from the Administrator, the Board, the Company’s Investment Manager and Distributors.

• Analyze the rules affecting the Management Company/AIFM business and monitor regulatory and financial crime related legislative changes.

• Develop relationships with key industry participants.

• Consistently review the AML/CTF policies and desk procedures to comply with relevant regulations.

The above responsibilities will require ongoing monitoring, reporting and oversight of a complex structure of funds distributed to retail and institutional investors in Asia and EMEA via external distributors.

Key Shared Accountabilities:

• Commitment to ensuring Manulife meets its AML responsibilities across EMEA

• Aligning business standards with MFC group requirements

• Building a critical function internally – adding expertise and benefitting the business both in adding experience, ensuring issues are avoided and saving external outsourcing costs

• Helping to build and, receiving the support of the global AML COE

Required Qualifications:

• At least 10 years of relevant experience.

• Degree holder in Law, Accounting, or business preferred.

• AML related qualification an advantage (e.g. ACAMS, ACOI/CI, QFA, ICA) 

• Prior experience in reporting to Board of Directors preferred.

• Prior Central Bank, CSSF or FCA approval an advantage

• Strong project and time management skills with the ability to multi-task and to work well under pressure.

Competencies:

• Excellent communication skills, both written and verbal, including the ability to communicate precisely with directors and other senior executives. 

• Ability to exert influence, arbitrate and resolve conflicts between internal and/or external stakeholders.

• Ability to understand and interpret relevant law and regulations, to assess their interdependencies and understand impacts.

• Knowledge of complex distribution structures, especially in Asia, would be an advantage.

• Conscientious, with strong attention to detail.

When you join our team:

• We’ll empower you to learn and grow the career you want. 

• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words. 

• As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].