Compliance Administrator

Overview

Compliance Administrator - up to 62k - Remote

Senior Compliance Administrator. We are looking for a Compliance Administrator to join our compliance team.

Salary: 62k per month
Schedule: Midshift
100% Remote

Responsibilities

• The successful candidate will work alongside the Compliance Officer and provide support to the CO/MLRO, ensuring the company functions in line with laws and regulations while meeting business goals.
• Assist with the onboarding of new clients to ensure regulatory obligations are met at all times.
• Demonstrate solid experience and understanding of AML requirements for a wide range of client types including private individuals, trusts, charities and corporate entities with both simple and complex ownership structures.
• Identify individuals / connected parties that must be identified depending on the client type.
• Ensure that group of companies worldwide conduct their business operations in full compliance with relevant national and international laws and regulations.
• Keep abreast of current company policies and procedures.
• Maintain records, update and amend existing databases.
• Attend and take minutes of compliance meetings.
• Gather and review KYC documentation from prospective clients.
• Create and review customer profiles in the Company database.
• Compile and summarise escalations (PEP sign off, Adverse Media sign off, High Risk client sign off) for Senior Management review.
• Demonstrate the ability to carry out research, analysis and summarise findings clearly.
• Establish and record Source of Funds / Source of Wealth.
• Conduct due diligence checks (including WorldCheck / Google searches, sanctions checks / adverse media checks) for existing and potential new clients.
• Carry out transaction monitoring for fraud and AML issues.
• Retain internal compliance registers, including sanctions and PEPs.
• Maintain physical and electronic files, sustaining data security and integrity.
• Liaise with Administrative Team to gather due diligence needed to meet internal policies and procedures.
• Assist the Compliance Manager of a sister law company with gathering and reviewing KYC documentation from prospective clients.
• Assist the Compliance Manager of a sister law company with the maintenance of records, updating and amending existing databases.
• Assist with the development and maintenance of compliance-related policies and procedures.
• Understand the financial crime and reputational risk factors to consider when onboarding a new client.
• Manage due diligence and compliance records for client companies.
• Support a two-site operation with data administration for the Corporate Administration and the Compliance Team.
• Perform other administrative and ad-hoc duties as required.

Qualifications and Experience

• Must hold experience in compliance and preferably a relevant professional compliance qualification.
• Knowledge of AML-ATF legislation and Know Your Customer (KYC) procedures.
• Versatile and flexible attitude with the ability to communicate well with all staff.
• The ability to absorb and understand varied compliance matters.
• Well organised and attentive to detail.
• A proactive approach to problem solving.
• Strong IT skills with the ability to learn new systems quickly; particularly competent in the use of Microsoft Office products.
• Excellent command of English both written and spoken.
• Flexible working hours will be encouraged for the right candidate.
• Continuity is crucial and therefore candidates who intend to remain with a job for the long term will be considered.