Associate in AML/KYC

• Degree in Law, Finance, Business Administration, or a related field
• Prior AML/CFT professional training is a plus.
• Full proficiency in English. Spanish, French or German are a plus.
• 2 years of experience in AML/KYC, compliance, fund operations, or financial services within EU countries
• Experience with onboarding processes, AML/CFT, KYC reviews, or client due diligence is a plus.
• Familiarity with diversified corporate and fund structures, investor documentation, and FATCA/CRS is considered an advantage

As an Associate in AML/KYC, you are an integral part of the AML/KYC unit in our Product Delivery department. Your primary responsibility is to deliver AML/KYC daily operations in a timely and accurate manner following the fundcraft way of working ensuring that all AML/KYC checks are completed efficiently and reporting directly to the Manager.

This position is based in Spain and reports directly to the Manager in AML/KYC.

Your role involves handling a range of tasks, including collecting and preparing KYC information for review, maintaining investor records, and ensuring that transactions are thoroughly documented on the fundcraft platform. Additionally, you collaborate with internal and external stakeholders to meet client needs, respond to queries, and contribute to client, regulatory, and investor reporting. You also support transaction activity processing, onboarding new clients, and launching new funds. As a key user of the fundcraft platform, you continuously provide feedback to enhance its functionality while staying engaged in its technological advancements. Finally, you adhere to established procedures and best practices while championing the business objectives and pursuing the achievement of fundcraft's KPIs.

• Conduct initial and ongoing KYC checks on clients, investors, final investments, and counterparties for low,medium risks and initial analysis of high-risk cases (the last one always under supervision).
• Assist in the collection, review and tracking of additional documentation required for investors considered high-risk.
• Escalate issues or discrepancies to Senior Associate in AML/KYC supervision or the compliance team as needed.
• Apply the latest compliance checklists provided by the compliance department to ensure accuracy and alignment with regulations.
• Input and maintain all necessary data for investors to ensure eligibility, FATCA/CRS compliance, and audit readiness.
• Ensure that all KYC, KYA, and KYT documents are stored under the correct naming conventions and in the appropriate profiles on the platform.
• Use the shared mailbox to obtain KYC, KYA, and KYT documents from clients, investors, investments, and counterparties under Senior Associate in AML/KYC supervision.
• Communicate with LPs through fundcraft LP portal or Vestlane to obtain required investor documentation.
• Coordinate internally with all other expert units including Registrar and Transfer Agent, Corporate Secretary, Accounting & Financial Reporting, Payments, Risk & Valuation, Portfolio Management, Marketing & Distribution, and Compliance as necessary, to manage deadlines and client information efficiently.
• Perform KYC, KYT, and KYA tasks daily, managing timelines for critical events such as closings, distributions, share transfers, and ongoing.
• Alert analysis: Conduct initial investigations into alerts generated by transaction monitoring systems or other sources, under supervision.
• Provide timely input for client queries, regulatory needs, and investor reporting.
• Act as a "power user" of the fundcraft platform, providing feedback to support platform improvements and staying updated on technological advancements.
• Participate in training sessions and development activities to enhance personal and team skills.
• Provide feedback on processes, checklists, and the platform to contribute to operational efficiency and compliance best practices.

• Possess foundational knowledge and understanding of the alternative investment fund sector.
• Preferably possess basic knowledge and understanding of the risk based approach, money laundering risk, terrorism financing risk, proliferation financing risk and fraud (nice to have).
• Exhibit strong organisational skills that enable prioritisation of tasks effectively and management of multiple deliverables across various stakeholders simultaneously.
• Demonstrate comfort with digital technology and a strong aptitude for learning new systems in constant optimizations.
• Collaborate effectively while actively engaging with colleagues.
• Convey excellent verbal and written communication skills in English.
• Adapt quickly to new processes, technologies, or client requirements.
• Demonstrate a proactive approach to professional development by participating in training and development opportunities.
• Uphold the highest ethical standards and demonstrate a strong commitment to compliance.