Compliance Analyst, Diligence

Key Responsibilities

Primary areas of responsibility include:

• Perform periodic and trigger-based reviews of counterparties, collaborate with relationship managers to gather necessary KYC information and documents, ensuring continuous adherence with our policies, procedures and regulatory requirements.
• Perform Sanctions, PEP, Adverse Media screening, and open-source checks as part of counterparty due diligence and manage daily alerts from continuous counterparty screening.
• Proactively identify, escalate, and assist in resolving issues related to client types, structures, AML/CTF risks, or actual or suspected sanctions matches.
• Ensure internal SLAs and deadlines are met.
• Oversee the Due Diligence inbox, prioritising, and routing requests to ensure both internal and external inquiries are handled promptly and efficiently.
• Ensure compliance with documentation requirements, conduct AML checks on new and existing clients, execute KYC analysis, compile review-ready reports for approval in line with policies and procedures.
• Represent the Due Diligence team in internal and external meetings as necessary.
• Ensuring clients are within legal parameters and not undertaking ML or criminal activities. For example, using screening and monitoring systems to assess client legitimacy.
• Promoting and providing advice on best compliance practice within critical business areas.
• Conduct comprehensive due diligence during the onboarding process for Financial Institutions (FIs) and Non-Banking Financial Institutions (NBFIs), ensuring all necessary checks and verifications are completed in line with our policies and procedures and regulatory requirements.
• Exemplifying the company values and promoting them in all areas of the role, within and without the function.
• Assist in the development and implementation of new controls and procedures to enhance the efficiency and effectiveness of our due diligence process.
• Contribute to the training and development of other team members, sharing knowledge and best practices in due diligence and compliance.
• Assist with the development of management information in alignment with regulatory and internal policy/risk expectations.
• Provide support in carrying out ad-hoc projects as needed.

Basic Qualifications

• 2 or more years of work experience with a Bachelor's Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)

Preferred Qualifications

• 3 or more years of work experience with a Bachelor's Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)

Education

• Ideally educated to degree level and/or related professional qualifications (e.g. International Compliance Association Certificates and/or Diplomas)

Experience

• 3 years experience in a related environment (payments/FX industry, compliance, regulation, enforcement)
• Specific experience related to Customer Due Diligence (CDD) and Know Your Business (KYB) practices, ideally on large corporate entities, financial institutions, and NBFIs
• Proven experience and understanding of assessing risk and identifying mitigation.
• Understanding of risk, risk assessment, control frameworks and risk mitigation.
• Experience in correspondent banking, wallets, and virtual currency sectors is highly desirable.

Skills

• Self-motivated & high level of initiative
• Stakeholder management
• Delivery mindset
• Control framework development, delivery and maintenance.
• Excellent communication skills, both written and oral
• Accuracy and attention to detail
• Flexible problem-solving attitude
• Courteous & adaptable team player capable of effective collaboration within a diverse group