RC Services Team - Senior Associate
Bertrange,
Luxembourg
Palana is a regulatory and compliance consulting firm based in Luxembourg, specialising in the investment fund industry and broader financial services sector. We support leading asset managers, fund administrators and financial institutions across a wide range of asset classes.
As a Senior Associate within our RC Services team, you will support investment fund managers in meeting their AML/CTF and regulatory compliance obligations. Working closely with Responsible Conducting Officers (RCs) and senior stakeholders, you will contribute to the oversight of delegated activities, regulatory compliance monitoring and day-to-day governance matters.
This role offers direct exposure to client-facing responsibilities, regulatory developments and the operational realities of Luxembourg-regulated entities. You will work alongside experienced professionals while developing expertise across AML/CTF, compliance and governance frameworks.
You will join a collaborative team where expertise is shared openly, initiative is encouraged and professional development is a priority.
Ready to Grow?
We regularly recruit across compliance, regulatory advisory and business development. If you do not see an opening that matches your profile today, we encourage you to share your CV — we review all applications and think in terms of the right person, not just the right vacancy.
Apply Now and Make Your Mark!
Responsibilities
- Support Responsible Conducting Officers (RCs) in the oversight of AML/CTF, compliance and governance activities for regulated entities
- Perform AML/CTF due diligence and oversight activities on investors, delegates and service providers, applying CSSF Circulars and AED guidance
- Conduct screening, adverse media reviews and KYA activities to support ongoing compliance monitoring
- Contribute to the review of AML/CTF policies, procedures, risk assessments and monitoring programmes
- Act as a point of contact for clients on day-to-day activities and regulatory deliverables Communicate findings and recommendations clearly to RCs and internal stakeholders
Must Have
- Bachelor's or Master's degree in Finance, Business, Law or a related field
- 2–4 years of experience in AML/CTF, Compliance or Regulatory Compliance within financials services
- Good knowledge of the Luxembourg AML/CTF and regulatory framework (AML Law, CSSF Circulars, AED guidance, FATF recommendations, EU Directives, etc.)
- House of Training RC Capacity certificate (or in progress); ACOI, ICA or ACAMS in progress or recently obtained
- Strong analytical, organisational and problem-solving skills, with attention to detail
- Excellent written and verbal communication skills in English
- Valid work permit for Belgium
Nice to have
- French and/or German language skills
- Additional languages
- Project management experience
- Proficiency in Microsoft Office Tools
Where your work actually matters
At Palana, our team is flat, collaborative and genuinely invested in your development. No micromanagement. No bureaucracy. You will receive direct coaching from experienced practitioners and benefit from a clear path towards growing your seniority and technical expertise.
Each employee has a chance to see the impact of their work. You can make a real contribution to the success of the company, learn the industry, challenge the company's practices and enjoy being part of a great team
We are a team of smart people, in a friendly and open culture where everyone is encouraged to speak up, grow and make their mark.
What We Offer
Package
Competitive salary, plus benefits including meal vouchers, additional annual leave and health cover.
Professional development
Tailor-made training, extensive coaching by senior, certifications (e.g., CAMS, ICA) and on the job learning.
Work environment
Colourful, modern campus with on-site restaurant, concierge, daycare and regular social events.
Day-to-day
Flexible working, no micro-management, flat hierarchy, fruit, coffee and a team that actually likes each other.