Purpose of the role:
To assist the Head of Compliance in the provision of compliance support.
Responsibilities:
- Oversight of the Compliance AML/Financial Crime Team, including the identification and delivery of training to any junior members of the team and ongoing analysis of duties undertaken
- Ongoing analysis of the effectiveness and adequacy of documented Policies & Procedures, ensuring any changes to the regulatory environment are sufficiently considered and revised
- Acting as a Compliance AML/Financial Crime representative at Board and relevant Committee meetings as and when required
- Assistance in the production of regular compliance reports including MI and statistical analysis of failures and issues to identify causes and remedial actions
- Management of AML processes including CDD reviews, new business, Client reviews
- Maintain and regularly update AML and compliance registers, including: Issues, and Politically Exposed Persons/High profile clients
- Executing background checks and searches/client profiling
- Be responsible for carrying out ad-hoc World checks, Open Source searches as requested by the business
Skills required:
- A minimum of 5 years’ Compliance experience, ideally working in a trust environment
- Professional Compliance Qualification at Diploma level preferable, but not necessary subject to relevant experience
- To have an attitude that inspires respect and to be capable of taking the lead
- A high level of tact, diplomacy and confidentiality is essential due to the nature of the work
- Ability to be proactive with very close attention to detail to ensure work is of a consistently high standard