Only Luxembourg, only finance

You are looking for a reliable partner with a clear vision? Upside Recruitment is the new player that focuses on the clearly defined segment of finance positions for the booming market in Luxembourg. Drop us a line to learn more about our services.

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Specialised knowledge of the finance sector
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Attracting multi-lingual candidates
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Favourable commission structures
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Digital first - approach
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A highly motivated EU-based team

Your specialist in Luxembourg recruitment

Are you tired of recruitment firms that lack a clear mission?

We have a deep understanding of the market

Luxembourg

The country’s private banking sector has continued to diversify into high-net-worth and  ultra-high-net-worth client segments, with assets under management having grown by more than 20% over the past 5 years. Assets under management in private equity funds in Luxembourg grew by 50% in 2019.

Luxembourg’s financial services workforce employs some 51,000 people, of which about 50% work in the banking sector (including fund-servicing activities), 31% in the fund industry (the parts not performed by banks), 8% in insurance and around 11% in support services.

Luxembourg has a unique multi-lingual and multi-cultural workforce with allone 50.000 German residents communing daily into the country. Many of them are employed in the financial sector.

We have a deep understanding of the market

The booming destination for the EU’s finance sector

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Excellent outlook
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A growing market share
Favourable taxation
Search for Job offers…

 

Data Protection Officer (m/f/d)
Job ID: 6124
Stufe:
Expert
Spezialisierung:
Data Protection I GDPR I Risk Management
Sprachen:
English I French I German

Data Protection Officer (m/f/d)

for their office in Luxembourg-Kirchberg.

Your responsibilities:

  • Conducting task around data protection related tasks and issues.
  • First point of contact for and report to all external parties and management, plus authorities
  • Reviewing existing procedures to ensure constant adherence with regulations.
  • Following-up on changes in laws and issue recommendations to the management board and employees to ensure consistent compliance.
  • Conducting GDPR trainings for employees
  • Writing and updating detailed guides on data processing policies and procedures.
  • Preparing and conducting data privacy impact assessment, where necessary.
  • Continuous further development of the data protection strategy of the bank.
  • Maintaining, monitoring and updating the data processing register together with the various departments.
  • Ensuring that all queries from data subjects are addressed within the legal timeframes (e.g. responding to requests, deleting information from the databases, etc.).
  • Ongoing review of all regulatory and legislative updates required for the application within the bank and distribution of the information to the parties concerned (incl. supervising the implementation and reporting to the management board).
  • Further tasks with regards to GDPR and/or the review of legal regulations might be assigned.

Your profile:

  • University degree in either business administration, economics or law.
  • Minimum of 3 years of relevant experience within a similar position
  • Additional  experience in a paralegal/legal position is considered an asset.
  • Good understanding of IT and data security and a strong process focus.
  • Excellent communication skills both in English – both verbally and written, German and/or French is a great plus.
  • Profound knowledge of MS Office

If you are interested in this position, please forward your application documents (including salary expectation) via our form.

Senior Risk Manager (Real Estate & Infrastructure AIFs) (m/f/d)
Job ID: 5214
Stufe:
Senior
Spezialisierung:
AIFs I Real Estate
Sprachen:
English I French I German

For our new client, an international asset manager with an expanding team in Luxembourg, we are currently looking for a

Senior Risk Manager (Real Estate & Infrastructure AIFs) (m/f/d)

for their office in Luxembourg-Kirchberg.

Your responsibilities:

  • Support the valuation function for AIFs from a risk management perspective
  • Optimisation of methods and procedures used for risk identification, assessment and control
  • Analysing risk limits of the company’s new funds
  • Monitoring and assessing fund risks, especially operational, market, liquidity and credit risk
  • Prior analysis and monitoring of (less) liquid assets
  • Risk valuation for alternative investment funds (real estate, infrastructure, equity)
  • Manage and coach the AIFs and UCITS teams
  • Implementation of regulatory risk management requirements for AIFs and UCITS
  • Analysis of potential target investments from a risk management perspective, including continuous monitoring and limitation of the underlying risks

Your profile:

  • University background with a degree in finance, economics or equivalent
  • At least 5 years of relevant risk management or valuation experience in the investment funds industry and ideally UCITS (including applicable investment restrictions),
  • Good knowledge in AIFs (real estate and infrastructure) and ideally in UCITS
  • Being fluent in English and German or French
  • Good knowledge of MS-Office products
  • Compliance knowledge is a plus

If you are interested in this position, please forward your application documents (including salary expectation) via our form.

Senior Legal Officer (m/f/d)
Job ID: 6131
Region:
Luxembourg
Stufe:
Senior
Spezialisierung:
Legal
Sprachen:
English I German

Für unseren Kunden, einen international aktiven Fondverwalter, sind wir aktuell auf der Suche nach einem erfahrenen

Senior Legal Officer (m/f/d)

für das Büro in Luxemburg.

Ihre Aufgaben:

  • Teilnahme an der Durchführung von Einzel- oder Portfoliounternehmenstransaktionen wie Verkäufe, Finanzierungen, Akquisitionen usw.
  • Ansprechpartner für AML/KYC-Compliance-Anfragen von Banken, Kreditgebern und anderen Dienstleistern
  • Erstellung von Strukturdiagrammen und Einhaltung aller relevanten AML/KYC-Verfahren
  • Verantwortlich für den täglichen Betrieb/Verwaltung aller vom Luxemburger Büro verwalteten Unternehmen (vollständiger Investitionszyklus)
  • Erstellung interner Finanzierungsdokumente (IBL, S115-Beiträge, IFL, etc.)
  • Aktualisierung und Pflege von Registern, LEI-Anträgen, RBE- und RCS-Einreichungen
  • Verwaltung der fristgerechten Beantwortung von Prüfungsanfragen sowie Organisation der Genehmigung und Einreichung der Jahresabschlüsse
  • Planung von vierteljährlichen Vorstandssitzungen und anderen Vorstandssitzungen sowie Vorbereitung der Vorstandspapiere, Überprüfung der Genauigkeit, Teilnahme an Vorstandssitzungen und Protokollführung
  • Sicherstellung der Einhaltung gesetzlicher und regulatorischer Anforderungen sowie interner Richtlinien und Verfahren
  • Koordination mit externen Beratern, einschließlich Anwälten, Wirtschaftsprüfern und Steuerberatern, um sicherzustellen, dass alle rechtlichen und steuerlichen Verpflichtungen erfüllt werden
  • Unterstützung bei der Entwicklung und Umsetzung von Unternehmensstrategien und -richtlinien
  • Überwachung der Finanzlage der verwalteten Unternehmen und Sicherstellung einer ordnungsgemäßen Buchführung und Finanzberichterstattung

Ihr Profil:

  • Mindestens 5 Jahre Berufserfahrung im Bereich Corporate Governance
  • Fachkenntnisse und Verständnis von Governance-Grundsätzen und -Praktiken sowie Gesellschaftsrecht
  • Nachgewiesene Kenntnisse von Immobilienvehikeln und Holdingstrukturen sowie Verständnis der FATCA- und CRS-Klassifizierungen und -Einreichungsformalitäten sind relevant
  • Abgeschlossenes Studium der Rechtswissenschaften
  • Erfahrung als Gesellschaftssekretär mit Fokus auf Betriebseinheiten ist von Vorteil
  • Fließende Deutsch- und Englischkenntnisse sind erforderlich
  • Ausgeprägte organisatorische Fähigkeiten und die Fähigkeit, mehrere Aufgaben und Projekte gleichzeitig zu managen
  • Hohe Aufmerksamkeit für Details und Genauigkeit bei der Arbeit
  • Ausgezeichnete Kommunikationsfähigkeiten und die Fähigkeit, effektiv mit verschiedenen Interessengruppen zu interagieren
  • Proaktive Einstellung und die Fähigkeit, selbstständig sowie im Team zu arbeiten
  • Verständnis der luxemburgischen Rechts- und Steuerlandschaft sowie internationaler Standards und Vorschriften

Diese Position erfordert eine hochgradig organisierte und detailorientierte Person, die in der Lage ist, unter Druck zu arbeiten und enge Fristen einzuhalten. Sie sollten auch über ausgezeichnete zwischenmenschliche Fähigkeiten verfügen und in der Lage sein, effektiv mit verschiedenen internen und externen Interessengruppen zu kommunizieren.

Hat diese Position Ihr Interesse geweckt? Dann freuen wir uns auf Ihre Bewerbung mit den üblichen Unterlagen, bitte geben Sie auch Ihre Gehaltserwartung an. Gerne dürfen Sie unser Bewerbungsformular nutzen.

Senior Compliance Officer for AIF (m/f/d)
Job ID: 6125
Region:
Luxembourg
Stufe:
Senior
Spezialisierung:
AIFs I Compliance
Sprachen:
English

For our client, a leading Asset Management boutique with a continuous high growth rate, we are currently looking for a

Senior Compliance Officer (m/f/d)

for their Luxembourg office.

Your responsibilities:

  • You will be responsible for producing timely and accurate compliance and AML reports for the AIFM.
  • You will need to escalate any compliance/AML findings to the conducting officer and the executive committee.
  • Preparation of compliance Committee Minutes and the related documentation.
  • In this role you will support and assist in any request coming from the internal and external auditor of the AIFM from a compliance/AML point of view.
  • The guarantee the correct handing of complaints and oversee the delegated functions by doing the due diligence exercises.

Your profile:

  • Master in Law or an equivalent degree
  • Holder of relevant Compliance AML certificates
  • A minimum of five years professionalö experience in a Compliance or AML related function in an AIFM.
  • Advanced knowledge of investment funds industry compulsory
  • Capable to review policies and procedures to comply with the relevant regulations.
  • Sorrow knowledge of AIFMD legislation and CSSF Circular 18/698.
  • Familiar with Delegates Oversight and Complaints Handling.

If you are interested in this position, please forward your application documents (including salary expectation) via our form.

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Frequently Asked Questions

What positions to you usually work on?

Only Luxembourg (well, almost only), and only finance sector. We are targeting mid-level positions from (experienced) junior-positions up to management roles with a small team to lead.

What salary range are you covering?

We do not accept mandates with an annual compensation package of less than € 50.000. There is no maximum, but most positions range up to € 100.000 or € 120.000.

Do you work on C-level positions as well?

Most of our clients are rather small in size, so there might be a C-level position to fill here and there. But if you are interested in what is usually understood by C-level position, i.e. with upper six-digits salaries or more: There are other agencies on the market you should consult here.

Do you have an office in Luxembourg?

No, we do not.

Is this legal? Offering recruitment services without an office in Luxembourg?

Yes, absolutely. We are a licensed provider of recruitment services and based in the EU, so there is no restriction on us in any means.

Can we meet in person?

Sure! We have a real office in Sofia, Bulgaria. Furthermore, we may meet in Luxembourg – if the pandemic situation allows it. But maybe a virtual meeting can do the job for now.

Everything Personalized to YOU

We want to go the extra mile for our corporate clients and for the candidates that trust in our services. If you believe in personalized services as we do, you will certainly appreciate our quality  and the commitment we bring in.

Get in touch.