We are mandated by a leading global private markets investment manager who is establishing a new Luxembourg AIFM as part of its next phase of European growth. The firm manages capital for a blue-chip institutional client base worldwide and is expanding its European platform to support the rollout of evergreen and ELTIF solutions. The Luxembourg entity will launch with a meaningful seeded portfolio (circa EUR 1.5bn of closed-end AIF assets) and a clear multi-year plan to scale AUM, product capability, and headcount across EMEA. This is a true build opportunity for a senior Conducting Officer who wants influence, pace, and ownership. You will help shape the governance, operating model, and control framework from day one - working closely with a high-calibre international leadership team and top-tier external counsel.
Your role:
Serve as Conducting Officer for Compliance, Risk Management, and MLRO functions within the Luxembourg AIFM structure
Establish and maintain comprehensive compliance frameworks, policies, and procedures across the organization
Provide regular reporting to the AIFM board of directors on compliance activities and risk management developments
Direct the compliance monitoring program and coordinate internal audit activities and risk assessment initiatives
Manage AML/CFT frameworks for Luxembourg fund structures and provide supervision of fund administrators' AML/CTF operations
Develop AML/CTF policies and procedures for both the AIFM entity and managed funds, collaborating with the broader compliance function to deliver regular risk assessments
Maintain effective oversight of the US-based delegated portfolio manager and additional third-party service providers, working in coordination with Conducting Officers for Portfolio Management and Operations
Build and implement the AIFM risk management framework while continuously monitoring and evaluating risk exposures across the fund portfolio
Partner with investment teams and the Portfolio Management Group to ensure effective risk identification and mitigation strategies
Lead and execute risk management projects and initiatives to strengthen the AIFM's overall risk posture
Champion a culture of strong risk awareness and rigorous regulatory compliance throughout the organization
Your profile:
8-10 years of professional experience, with a minimum of 4-5 years in private markets (Private Equity, Private Credit, Infrastructure, or similar asset classes)
Comprehensive understanding of Luxembourg fund regulations and supervisory frameworks, including familiarity with EU directives (AIFMD, MiFID II, SFDR, GDPR) and CSSF circulars on AML/KYC compliance
Proven track record in risk management within asset management, preferably focused on alternative investments and Luxembourg-domiciled structures
Strong work ethic with ability to work independently and take ownership of responsibilities
High ethical standards and professional integrity
Excellent analytical capabilities combined with strong influencing and communication abilities
Comfortable operating in an international environment with flexibility to accommodate colleagues across different time zones
University degree (Bachelor's or Master's level) in Finance, Economics, Law, or related discipline
Professional risk certification (FRM, PRM, or equivalent) is advantageous
Fluent English essential
French and/or German proficiency highly valued
Your trusted talent partner for careers in Luxembourg. Independent. Insight-led. Built for the long-term. Greenfield has been exclusively mandated for this appointment.
Greenfield Luxembourg is an equal opportunities employer and welcomes applicants from all sectors of the Community. Due to the nature of our client engagements, we are however unable to support applicants that are outside of our core market areas; and/or do not have an existing eligibility to work in Luxembourg or are not EEA/EU/Schengen country Citizens. We are unable to provide work permits or visa sponsorship opportunities.
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Or contact our consultant: Arnaud Scalia
Consultant
Greenfield is a specialist talent advisory firm supporting leadership teams across Luxembourg’s financial, professional services, and corporate ecosystem, addressing complex hiring challenges through judgement, execution, and long-term partnership.