Legal & Compliance Senior Specialist

Date: Jul 13, 2021

Location: Luxembourg, GB

Company: Capital Group

Req ID: 41428 

Location: Luxembourg

Other location(s):  


“I can be myself at work.”


You define yourself by more than just a job title, and we want you to feel comfortable bringing your true self to work. We value your talents, your traditions and your take on the world  ̶  everything that makes you unique. We’re working hard to advance diversity, equity and inclusion in our organization and our communities because we know that what makes us different makes us better.


We want you to feel a strong sense of belonging. We value and welcome your experiences, ideas and identity. Over 40 employee resource groups unite our people and help to develop our collective empathy through unfiltered conversations about race, ethnicity, gender, gender identity, sexual orientation, faith, disabilities, mental health and so much more.


“I can influence my income.”


You want to feel recognized at work. Your performance will be reviewed annually, and your compensation will be designed to motivate and reward the value that you provide. You’ll receive a competitive salary, bonuses and benefits. Your company-funded retirement contribution will be the equivalent of 15% of your annual pay (including bonuses).


“I can lead a full life.”


You bring unique goals and interests to your job and your life. Whether you’re raising a family, you’re passionate about where you volunteer, or you want to explore different career paths, we’ll give you the resources that can set you up for success.

  • Enjoy generous time-away and health benefits from day one, with the opportunity for flexible work options
  • Receive 2-for-1 matching gifts for your charitable contributions and the opportunity to secure annual grants for the organizations you love
  • Access on-demand professional development resources that allow you to hone existing skills and learn new ones


COVID-19 HIRING: Our recruiting and onboarding activities are virtual during the pandemic and we’ve transitioned to a work-from-home environment until further notice. We are offering generous work-from-home benefits to improve our associate’s ability to work remotely.


"I can succeed as a Legal & Compliance Senior Specialist at Capital Group"


Capital International Management Company (CIMC) is seeking to recruit a Compliance Senior Specialist/ Lead within its European Legal and Compliance Department in Luxembourg. The main responsibilities and required profile are described below.




The Compliance Senior Specialist/ Lead will be responsible, under the supervision of her/his manager and other senior members of the European Legal and Compliance department, for the compliance requirements applying to Capital International Management Company (CIMC) Luxembourg asset management operations and Luxembourg based investment funds as well as CIMC’s branch offices in Spain, Italy, Germany and the Netherlands.


The administration of our Luxembourg Funds is core to our business across Europe and Asia. The Luxembourg Funds are registered in a number of countries in Europe and Asia and distributed worldwide ex-US. The Compliance Senior Specialist/ Lead will be responsible, under the oversight and instruction of the associate leading the Fund Registration function and other senior members of the European Legal and Compliance department, for the registration of the Luxembourg Funds in Asia and Europe and compliance with local laws and regulations.


The Compliance Senior Specialist/ Lead will be responsible to provide support and interact with the London and Geneva based members of the Legal and Compliance Europe department and more broadly with Legal and Compliance associates in the US and Asia.


The detailed description of the tasks is attached hereto


The Compliance Senior Specialist/ Lead will have the following main responsibilities, in consultation with her/his reporting manager and other members of the European Legal and Compliance team. The activities covered will include:


  1. CIMC & Capital Group Luxembourg funds compliance (50%)


  • Responsible for CIMC’s and the Luxembourg Funds’ on-going corporate compliance framework under the supervision of the Compliance Officer and the ultimate responsibility of the Conducting Officer;  
  • Key contact point for interactions with the CSSF and other supervisory authorities;
  • Research, preparation and submission of responses to surveys and regulatory reportings;
  • Responsible for compliance of CIMC’s branch offices in Spain, Italy, Germany and the Netherlands;
  • Oversight and coordination of CIMC’s Compliance Monitoring Program;
  • Responsible for implementation of CIMC’s Delegation Policy;
  • Responsible for on-going AML/ KYC processes;
  • Reporting to senior management ;
  • Supervision and support of internal and external audits of CIMC, its branches and the Luxembourg Funds,
  • Perform compliance trainings;
  • Support of various internal business areas.


  1. Capital Group Luxembourg funds registration (50%)                   


  • New registration of Funds and Share Classes including active contribution to Funds related project at European and Asian level
  • On-going maintenance of fund registrations outside of the US, including preparation and provision of necessary documentation (i.e. prospectus update), publications and interaction, directly or indirectly, with local counsel, external service providers and relevant authorities;
  • Identification of regulatory changes that may impact the Funds;
  • Research, analysis and communication on the requirements pertaining to the promotion of funds in various jurisdictions in support of business objectives and marketing activities;
  • Management of outside service providers from a service quality and cost point of view (i.e invoices, fees estimation and coordination with internal stakeholders);
  • Preparation of regular reporting of the fund registration status;





  • University degree, of which a Compliance degree or other relevant certification is a plus.
  • Minimum six to eight years of relevant compliance experience in the financial industry (asset management, mutual funds or banking), or within a consultancy and/or audit firm;
  • Knowledge of the Luxembourg funds legal and regulatory framework;
  • Imperatively fluent in English and French, Italian or Chinese (Mandarin) is a plus;
  • Strong organization and analytical skills;
  • Self-starter and able to prioritize different tasks;
  • Able to work with different cultural backgrounds and time zones;
  • Highly independent team-player with the ability to interact at all levels of the business on projects with tight deadlines;
  • Adequate negotiating skills to interact with internal clients, external service providers and/or regulatory bodies.


“I can apply in less than 4 minutes.”


You’ve reviewed this job posting and you’re ready to start the candidate journey with us. Apply now to move to the next step in our recruiting process. If this role isn’t what you’re looking for, check out our other opportunities and join our talent community.


“I can learn more about Capital Group.” 


At Capital Group, the success of the people who invest with us depends on the people in whom we invest. That’s why we offer a culture, compensation and opportunities that empower our associates to build successful and prosperous careers. Through nine decades, our goal has been to improve people’s lives through successful investing. We know that our history is a testament to the strength of the people we hire. More than 7,800 associates in 30+ offices around the world help our clients and each other grow and thrive every day. Find us on LinkedIn, Glassdoor, FairyGodBoss, DiversityJobs and Instagram.


We are an equal opportunity employer, which means we comply with all federal, state and local laws that prohibit discrimination when making all decisions about employment. As equal opportunity employers, our policies prohibit unlawful discrimination on the basis of race, religion, color, national origin, ancestry, sex (including gender and gender identity), pregnancy, childbirth and related medical conditions, age, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, citizenship status, AIDS/HIV status, political activities or affiliations, military or veteran status, status as a victim of domestic violence, assault or stalking or any other characteristic protected by federal, state or local law. 

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