AML & Risk Associate

Prologis is the global leader in logistics real estate. We own, manage and develop high-quality properties in the world’s most vibrant centers of commerce, approximately 72 million square meters in 19 countries. Some of the world’s largest brands (e.g., Amazon, BMW, DHL, FedEx, Pepsi) turn to us because they know an efficient supply chain will make their businesses run better, and a strategic relationship with Prologis will create competitive advantage. As the top ranked U.S. company and sixth overall among the Global 100 Most Sustainable Corporations in the World, we take our global footprint seriously.

Job Title:

AML & Risk Associate

Company:

Prologis

Risk and AML Associate

At Prologis we are seeking a Risk and AML Associate for our subsidiary based in Luxembourg that manages our European property funds. In addition to managing these funds, Prologis is a key shareholder in the funds. 

This position’s responsibilities are in the risk management functional area working closely with  the Risk Manager (RM) as well as the Anti-Money Laundering Reporting Officer (MLRO) in relation to the Anti-Money Laundering functional area (AML). The Anti-Money Laundering activities have a European focus, but also a global outreach. For the risk function, the main focus is our Luxembourg multi-investor funds. These funds invest in logistics facilities throughout Europe. Properties owned by these funds are managed by Prologis-affiliated companies across Europe, which are responsible for all aspects of property management including property financial and other reporting to the Luxembourg team.

Besides the RM and AML areas, the associate will also provide tailored information requested by certain investors in these funds. Therefore, good finance and accounting knowledge/background will be required and used in this role.

Prologis is pursuing every opportunity to streamline its organization and processes. A focus on continuous process improvement is expected, alongside the use of AI. The ability to function effectively in a matrixed organization, both from a managerial standpoint and a functional standpoint, will be key. As our credo is ahead of what’s next, continuous improvement and innovation is crucial in every job. Your views and input are valued and expected.

What’s needed in order to do that:

The following items are part of the ongoing, quarterly and annual processes:

• RM: Perform checks and (stress) tests on direct and indirect risks the funds are exposed to.
• RM: Report and discuss the test results with the Risk Manager for finalisation and preparation for reporting to the board members of the fund(s).
• RM: Make suggestions on changes to the various tests and its threshold limits.
• AML: Perform due diligence and enhanced due diligence on new and existing third parties
• AML: Analyse and assess alerts generated by the screening system
• AML: Cooperate with the external Registrar and Transfer Agent
• Reporting: Respond to particular (reporting) requests received from fund investors in line with our disclosure policy.
• RM/AML: Assist with preparation of RM and AML reports for presentation to the Board and to meet regulatory filing obligations
• RM/AML: Interact with internal and external audit department if/when applicable.

The role is hands-on and requires analytical skills in a variety of disciplines.

Tell us if you’re ready.

Candidate’s background to successfully perform this position will require:

• education: an accountancy/finance background
• experience with financial / computer systems
• Microsoft Excel (or similar spreadsheet software) knowledge
• fluent in English (spoken and written)

Experience in any of the following is desirable:

• Anti-Money Laundering (AML) checks
• Risk Management (RM)
• Big 4 audit firm experience advantageous
• Experience in the real estate sector is beneficial but not required.
• Experience within the fund industry
• Experience dealing with complex legal structures (in relation to AML checks)

What’s in it for you?

• Partial working from home possible
• Eligible for an annual bonus
• Health insurance
• Pension
• Gym membership reimbursement (up to EUR 700 per annum)
• Home office budget (one off EUR 400)
• Lunch Vouchers
• Education allowance
• Laptop and other equipment as needed
• Dynamic and highly professional international work environment
• Great prospects for personal development
• A unique opportunity to join a leading global team
• Possibility for the role to expand in its scope dependent on the individual’s ability to demonstrate their competence and responsibility

#LI-SP1

People First

As a successful global enterprise, Prologis has never lost sight of what matters most - our strong belief that our people are the most important part of our business. And because of that, we provide a generous total rewards package and dedicate both time and resources to leadership development. Our team is intentional about cultivating a culture rooted in diversity, equity, and inclusion so that everyone at Prologis feels a sense of belonging.

Employment Type:

Full time

Location:

Luxembourg Office

Additional Locations: