Compliance Apprentice – Continental Europe (ex France) Compliance Team

Compliance Apprentice – Continental Europe (ex France) Compliance Team

• 15991
• Paris

Company Description

Ranked among the world’s largest asset managers with more than 1 trillion euros in assets under management, Natixis Investment Managers (Natixis IM) delivers a diverse range of solutions across asset classes, styles, and vehicles, including innovative environmental, social, and governance (ESG) strategies and products dedicated to advancing sustainable finance.

The firm partners with clients - institutional investors, investment funds, companies and individuals - in order to understand their unique needs and provide insights and investment solutions tailored to their long-term goals.

Natixis IM’s multi-affiliate approach connects clients to the independent thinking and focused expertise of around twenty active management companies.

Natixis Investment Managers International (Natixis IMI) is Natixis IM’s main management company in Europe and brings together three activities:

1. The distribution activities in France of Natixis IM’s asset management offer;
2. The "Solutions" management hub, which aims to deliver innovative offers with high added value built mainly from the management expertise of Natixis IM’s various affiliates;
3. A platform serving as a center of expertise for distribution activities and affiliates.

Natixis IMI aims to further develop its presence in France and internationally, drawing on the expertise of its teams and Natixis IM’s multi-affiliate model.

Assets under management (“AUM”) as of December 30, 2022.

At Natixis IM et Natixis IMI, we continuously work to create an environment that promotes diversity and inclusion in all its forms, across gender, race, religion, sexual orientation, disability, ethnicity and background. We believe this creates equal opportunities for our employees — and better outcomes for our clients and communities. We are committed to finding reasonable adjustments for candidates during our recruitment process. Please let us know if there are any changes we could make to the application process to make it easier and more comfortable for you.

Job Description

Background

The Compliance Intern will provide support to the Paris-based Head of Compliance (Continental Europe ex France) responsible for the global coordination of marketing reviews of product related materials distributed by or through Natixis Investment Managers International, Natixis Investment Managers International Distribution’s Paris based management company. The Compliance Intern will also lend support to the corporate compliance program of Continental Europe, covering offices in France, Luxembourg, the Netherlands, Germany, Italy, Spain and Switzerland (Zurich and Geneva).

The position is to provide support to the Europe (ex UK) Compliance function in the following areas:

Description

Time allocation

AML-CTF and Know-your-Distributor (KYD) controls

30% Perform level 2 controls on KYD files, AML-CTF checks and review of completed distributor due diligence questionnaires. Assist with annual AML-CTF reports and filings with regulators in Continental Europe.

Marketing review controls/monitoring

30% Perform controls, including review and monitoring, of marketing material related to both the Management Company’s sponsored products and affiliate products, post-distribution, to ensure compliance with regulatory standards and internal guidelines.

BDU support

20% Assisting in update of policies and procedures applicable to BDUs (Specific Compliance Arrangements with marketing guidelines). Maintaining logs and registers (gifts and entertainment, personal transactions, conflicts of interest, breaches, regulatory developments tracking).

Control plan testing

20% Performing control plan testing on various topics including Gifts & Entertainment, client classification, marketing review exemptions, client records.

Total

100%

Required Skills/Qualifications/Experience

Skills and experience required:
• Admission in Master 1 or Master 2 level degree in Compliance, Risk, Internal Control or Internal Audit.
• Fluency in both French and English required.