Compliance Officer

  • Competitive
  • London, England, United Kingdom
  • Permanent, Full time
  • One Ten Associates
  • 11 Dec 17 2017-12-11

A fantastic opportunity for a Compliance professional with 1-2 years of AML/KYC experience to join a growing, dynamic and nurturing financial services business as they seek to grow their compliance department.

Job purpose

Our client are an FCA regulated firm providing brokerage and risk management solutions to clients. The Compliance Officer will be responsible for trade monitoring and on-boarding of clients as well as assisting the Head of Legal & Compliance with adhoc projects and reviews to ensure the firm’s compliance with FCA and other applicable rules and regulations.

Duties and responsibilities

The successful candidate will have the following duties and responsibilities:

Client on-boarding and KYC

  • Review documentation for both new and existing clients to ensure compliance with AML and other legal and regulatory requirements
  • Conduct risk assessments of customers and applying the commensurate level or due diligence (i.e. SDD, SCDD, EDD) using external sources
  • Proactively interact with the Sales team and other major stakeholders to update them on the progress of client on-boarding
  • Maintain customer and account KYC and AML records, and perform on-going monitoring

Compliance monitoring

  • Perform monthly compliance monitoring to assess the adequacy of the firm’s compliance with applicable regulations and presenting a report to the Head of Legal & Compliance on the findings
  • Promptly escalate any deficiencies within the firm’s compliance risk framework
  • Periodically evaluate the adequacy, comprehensiveness and effectiveness of the Company’s compliance policies and procedures
  • Review all external client communications (including marketing material and research material) to ensure compliance with applicable regulatory requirements and the Company’s own communications policies
  • Assist with the development and distribution of training programmes and ensuring that adequate training records are kept
  • Register and de-registering Controlled Function roles with the FCA
  • Support the Head of Compliance in reviewing and updating compliance policies and procedures

Qualifications

·         Degree or equivalent work experience

·         Knowledge of regulatory KYC/AML requirements

·         Experience in KYC/AML client on boarding, compliance or risk function